LONDON (ShareCast) – Technical product firm Diploma (LSE: DPLM.L – news) was a big faller after it told investors its final results would be adversely affected by the appreciation of sterling. Broker Jefferies warned that currency headwinds will likely result in mid-single digit downgrades to earnings estimates for this year. Diploma, which operates through its Read More
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* FTSE 100 down 0.2 pct * Centrica (LSE: CNA.L – news) , SSE (LSE: SSE.L – news) among top fallers on break-up talk By Francesco Canepa LONDON, March 24 (Reuters) – Shares in energy providers led Britain’s top share index lower on Monday on concerns they may face a threat of break-up as part Read More
By This Is Money Reporters PUBLISHED: 04:28 EST, 24 March 2014 | UPDATED: 12:25 EST, 24 March 2014 17.30 (CLOSE): Blue-chip shares suffered a negative start to the week as escalating tensions over the Ukraine, together with fears over the Chinese economy and the pace of recovery in the eurozone combined to weigh on investor Read More
* FTSE 100 index falls 0.4 percent * IAG slips on cautious broker comments * Charts signal further weakness in near term By Atul Prakash LONDON, March 24 (Reuters) – British blue chip shares fell on Monday, with energy providers hit by concerns they may be forced to break up their businesses, while weak Chinese Read More
By Atul Prakash LONDON (Reuters) – British blue chip shares fell on Monday, with energy providers hit by concerns they may be forced to break up their businesses, while weak Chinese economic data hurt miners. International Consolidated Airlines Group, which owns British Airways and Iberia, fell 2 percent, making it the top decliner on the Read More
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
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