LONDON (ShareCast) – – FTSE closes up 15 points at 6,557 – Feb UK public sector borrowing slightly ahead of forecasts – Eurozone consumer confidence higher than expected techMARK 2,790.85 -0.34% FTSE 100 6,557.17 +0.23% FTSE 250 16,160.11 -0.35% The City ended the week on a positive note, with mining stocks providing a lift and Read More
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By Atul Prakash LONDON (Reuters) – Britain’s top share index will end the year at a record high as an improving domestic economic outlook and growing optimism about company earnings boosts investors’ appetite for risky assets, a Reuters poll found. The poll, conducted over the past week, showed the blue-chip FTSE 100 index will climb Read More
FTSE recovers on Chinese hopes Friday, March 21 09:27:08 Britain’s top shares rose today, buoyed by solid gains from mining stocks on optimism that further stimulus measures could be taken by top metals consumer China to prop up its economy. The FTSE 350 Mining index, down some 10 percent from a late February peak and Read More
* FTSE 100 up 0.2 percent * Miners bounce back on Chinese stimulus bets * UK budget reform weighs on insurers (Updates prices at settle) By Francesco Canepa and Tricia Wright LONDON, March 21 (Reuters) – Britain’s top share index managed to snap a streak of three straight weekly losses on Friday as mining stocks Read More
By This Is Money Reporters PUBLISHED: 03:33 EST, 21 March 2014 | UPDATED: 10:19 EST, 21 March 2014 15.00: The Foosie maintained a modest rally in midafternoon trade as US stocks put in a positive opening performance today, but gains were eroded as traders squared their positions ahead of the weekend. With an hour and Read More
By Francesco Canepa and Tricia Wright LONDON (Reuters) – Top shares looked set to snap a three-weak losing streak on Friday as mining stocks rose, boosted by hopes that China, the world’s top metals consumer, would take more steps to stimulate its economy. The FTSE 350 Mining index, down some 10 percent from a late Read More
U.K. stocks rose for the first time in three days, with the benchmark FTSE 100 (UKX) Index heading for its first weekly gain in a month, as mining companies rallied and investors watched the expiry of derivative contracts. Anglo American Plc led commodity producers higher, adding 2.2 percent, as copper climbed in London. Meggitt Plc Read More
* FTSE 100 down 0.6 pct * Glaxo weak after cancer vaccine fails again * Fed rate guidance weighs on market sentiment * SSE (LSE: SSE.L – news) boosted by MS upgrade; Next (Dusseldorf: NXG.DU – news) up after results By Tricia Wright LONDON, March 20 (Reuters) – Britain’s top equity index fell on Thursday, Read More
By This Is Money Reporters PUBLISHED: 03:58 EST, 20 March 2014 | UPDATED: 12:42 EST, 20 March 2014 17.30 (CLOSE): Blue-chip shares have fallen after US Federal Reserve boss Janet Yellen warned that US interest rates could start to rise in the first half of next year. The guidance was earlier than financial markets had Read More
By Tricia Wright LONDON (Reuters) – The FTSE 100 fell on Thursday, hit by a drop in drugs group GlaxoSmithKline and a hint from the Federal Reserve that U.S. interest rates may rise sooner than previously expected. The blue-chip FTSE 100 index, which rose 14.4 percent in 2013 and came close to a 13-year high Read More