* FTSE 100 index adds 0.4 pct * Bid speculation boosts healthcare stocks * Renewed Ukraine worries cap index’s advance By Tricia Wright LONDON, April 24 (Reuters) – Britain’s top share index hit a seven-week closing high on Thursday, bolstered by expectations of deal-making in the healthcare sector, though renewed tension in Ukraine dented the Read More
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“Moreover, uncertainty about the strength of economic growth in emerging markets, especially China, is not supportive for the backdrop for global growth. With valuations now standing at a level anticipating upgrades to forecasts of corporate earnings, we believe that the performance of the market of the past year is unlikely to be repeated over the Read More
By This Is Money Reporters Published: 02:35 EST, 24 April 2014 | Updated: 07:34 EST, 24 April 2014 12.45: Strength in Anglo American and AstraZeneca was the main focus on the Footsie leader board at lunchtime after updates from the two markets heavyweights pleased investors, while tech stocks benefitted from better news from the US. Read More
By Atul Prakash LONDON (Reuters) – The FTSE 100 hit a six-week high on Thursday, with miners leading the market higher tracking firmer metals prices, while Anglo American also reported strong output numbers. The UK mining index, the biggest sectoral gainer, was up 1.4 percent. Anglo American rose 3.2 percent to the top of the Read More
Shares in the FTSE 100 plumbing and building materials supplier rose briskly amid hopes of special dividends Wolseley (LSE: WOS.L – news) rose above a lacklustre London market on talk the plumbing and building materials supplier is poised to make hefty cash returns to investors. Shares in the FTSE 100 company climbed 56p, or 1.7pc, Read More
Price: 2,962.00 Chg: 240.00 Chg %: 8.82% Date: 17:15 Price: 6,674.74 Chg: -7.02 Chg %: -0.11% Date: 17:10 – FTSE closes down 7.02 points at 6,674.74 – Focus turns to Apple and Facebook earnings – UK public sector net borrowing falls techMARK 2,742.15 +0.13% FTSE 100 6,674.74 -0.11% FTSE 250 15,989.64 -0.58% The FTSE 100 Read More
LONDON (ShareCast) – Worldwide Healthcare Trust and Hikma Pharmaceuticals (LSE: HIK.L – news) tracked their FTSE 100 peers higher after AstraZeneca (NYSE: AZN – news) gained strongly on the back of takeover speculation, Shire (LSE: SHP.L – news) rose following broker comment, and GSK also jumped after announcing a massive three-part deal with Swiss pharmaceuticals Read More
Britain’s benchmark FTSE 100 index needs more evidence of growth in corporate profits to break out of its recent trading range and challenge record highs of around 7,000 points, says Old Mutual Global Investors (OMGI) fund manager Richard Buxton. “We’re churning around in a trading range of 6,200 to 6,800,” says Buxton, who is head Read More
LONDON (ShareCast) – – FTSE closes up 56.51 points at 6,681.76 – Easter weekend retail sales disappoint – Monthly US existing home sales down 0.4 per cent techMARK 2,738.48 +2.18% FTSE 100 6,681.76 +0.85% FTSE 250 16,082.24 +1.10% The FTSE 100 closed on an upbeat note today, having touched 6,700 earlier in the session as Read More
By This Is Money Reporters Published: 03:00 EST, 23 April 2014 | Updated: 09:44 EST, 23 April 2014 15.00: The Footsie stayed modestly lower in mid afternoon trading, consolidating after strong gains in the previous session as US stocks also made cautious early progress today. With an hour and a half of trading to go, Read More