By Alistair Smout LONDON (Reuters) – UK shares rose on Monday boosted by appetite for downtrodden insurers and resurgent miners, though the British blue chip index was still set for its first quarterly fall since June. Insurers rallied, with Resolution, Aviva and Legal & General all up 1 percent to 3.2 percent having slumped in Read More
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The New York Stock Exchange last night, where the S&P 500 finished within one point of its record high. Photograph: Spencer Platt/Getty Images Good morning, and welcome to our rolling coverage of the financial markets, the world economy, the eurozone and business. Many world stock markets remain pretty buoyant today, with many close to their Read More
LONDON (ShareCast) – – FTSE ends session up 27.26 at 6,615.58 – Insurance slide, miners climb – UK Q4 current account deficit bigger than expected techMARK 2,762.30 -0.03% FTSE 100 6,615.58 +0.41% FTSE 250 16,181.71 -0.13% The week ended on a positive note for UK stocks as they tracked gains seen Stateside and a positive Read More
The fastest-rising share of 2013? The one that really took off? The surprise top performer in the FTSE 100 was IAG, the holding company for British Airways and Iberia, which started the year at just 194p but on 19 December was trading above 380p. EasyJet was not far behind, soaring from 794p in January to Read More
A flurry of merger activity helped shares on Wall Street scale new peaks on Monday and pushed London’s FTSE 100 to a 14-year closing high. But analysts warned the strong gains were yet to be supported by brighter news from the global economy. The UK’s index of blue-chip shares closed up at 6865, up 28 Read More
Another day in the roller-coaster that is the FTSE 100 (FTSEINDICES: ^FTSE) at the moment, and today the index spiked up 40 points in early trade to 6,628 — the FTSE 250 (INDEXFTSE: MCX (BSE: MCX.BO – news) ) jumped similarly by 41 points to 16,243 — led largely by speculation that the Chinese government Read More
By This Is Money Reporters PUBLISHED: 03:49 EST, 28 March 2014 | UPDATED: 13:43 EST, 28 March 2014 CLOSE: The FTSE 100 closed up 27 points at 6,615.58. London shares overcame a lunchtime wobble to resume their advance in afternoon trading as US stocks powered ahead at open on hopes for China economic stimulus moves Read More
LONDON (ShareCast) – 16:00 The FTSE is set to finish higher on the week led by minding stocks which were boosted on hopes of China stimulus. Premier Li Keqiang has urged deepening reforms to address a slowdown in the world’s second largest economy. 15:00 A Bank of England policymaker said the central bank may try Read More
* FTSE closes up 0.4 pct at 6,615.58 points * UK regulatory investigation hits insurance stocks * China infrastructure spending plans boost miners * Investec (LSE: INVP.L – news) upgrade lifts Smith & Nephew (LSE: SN.L – news) By Sudip Kar-Gupta LONDON, March 28 (Reuters) – Britain’s top equity index rose on Friday, buoyed by Read More
LONDON (Reuters) – The top 100 index rose on Friday, buoyed by gains in mining stocks which outweighed another slump in the insurance sector, which was hit by signs of further regulatory pressure. The blue-chip FTSE 100 index, which rose 14.4 percent in 2013 and came close to hitting its highest level since early 2000 Read More