Exports from China fell by 18% in February, dashing hopes that trade will help boost its performance at a time when the country’s leadership is pursuing reforms. The weekend update meant Japan’s Nikkei was down by more than 1% and though the FTSE 100 initially resisted being pulled down it also closed in the red, Read More
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* FTSE 100 closes down 0.4 pct at 6,689.45 points * Mining (LSE: MIR.L – news) stocks hit by drop in Chinese exports * FTSE falls below 50-day simple moving average level By Sudip Kar-Gupta LONDON, March 10 (Reuters) – Britain’s top equity index fell to its lowest closing level since mid-February on Monday, dragged Read More
By This Is Money Reporters PUBLISHED: 03:42 EST, 10 March 2014 | UPDATED: 12:33 EST, 10 March 2014 17.30 (CLOSE): Blue-chip shares failed to hold onto early gains in the week’s first session as jitters over Ukraine, unexpectedly weak Chinese trade figures, and worries over the UK housing market got the better of investors. Exports Read More
* FTSE 100 up 0.2 pct in mid-session trading * BAT rises after Citigroup (NYSE: C – news) adds it to “focus” list * Rolls-Royce boosted by power systems takeover * Miners fall after weak Chinese data By Sudip Kar-Gupta LONDON, March 10 (Reuters) – Gains at British American Tobacco and Rolls-Royce enabled Britain’s top Read More
By Sudip Kar-Gupta LONDON (Reuters) – Gains at British American Tobacco and Rolls-Royce enabled Britain’s top equity index to steady on Monday after steep falls in the previous session, although weak Chinese economic data curbed the market’s advance. The blue-chip FTSE 100 index, which fell 1.1 percent on Friday, regained some of its poise to Read More
* FTSE 100 up 0.2 percent * Rolls Royce (LSE: RR.L – news) up on power systems unit stake buy * Miners fall after weak Chinese trade data By Tricia Wright LONDON, March 10 (Reuters) – Britain’s top shares recovered on Monday after steep falls in the previous session, led by Rolls Royce as investors Read More
By This Is Money Reporters PUBLISHED: 03:37 EST, 7 March 2014 | UPDATED: 12:23 EST, 7 March 2014 17.10 (close): A turbulent week for investors ended with a slump today after US jobs figures raised fears of an early finish to the country’s monetary stimulus campaign. Employers added 175,000 jobs in January, a better than Read More
* FTSE 100 ends down 1.1 pct at 6,712.67 points * Chinese company’s bond default hurts miners * Tensions over Crimea also weigh on UK stock market * FTSE ends at 3-week closing low By Sudip Kar-Gupta LONDON, March 7 (Reuters) – Britain’s main share index fell to a three-week closing low on Friday as Read More
* FTSE 100 down 0.4 percent * U.S. jobs data watched, 149,000 increase expected * Aviva (Other OTC: AIVAF – news) bucks weak trend; JPMorgan hikes target By Tricia Wright LONDON, March 7 (Reuters) – Britain’s top shares fell on Friday with investors expected to avoid strong bets before U.S. jobs data that could sway Read More
By Sudip Kar-Gupta LONDON (Reuters) – FTSE slipped, as a landmark corporate bond default in China, the world’s top metals consumer and a big luxury goods market, hit Burberry and mining stocks. Investors were also avoiding placing big bets before U.S. jobs data, due out at 1330 GMT, that may sway the near-term direction of Read More