* FTSE 100 up 2.37 points, best close since January 23 * Miners bolstered by robust Chinese trade data * Technical analysts upbeat on near-term FTSE outlook By Tricia Wright LONDON, Feb 12 (Reuters) – Britain’s top share index reached a three-week closing high on Wednesday, buoyed by miners, after top metals consumer China reported Read More
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By Tricia Wright LONDON (Reuters) – FTSE rose for a sixth straight session on Wednesday, boosted by miners, after the top metals consumer, China, reported robust trade data. Miners, which fell sharply in 2013, are staging a recovery after a sector-wide drive to offset falling metals demand with cuts in spending. They got a boost Read More
LONDON (ShareCast) – 1630:Close It was a strong finish for the FTSE today after Fresnillo (Other OTC: FNLPF – news) leapt following news of a positive court decision and Babcock cheered with a strong Q3. Strong non-food retail data also helped to drive the index higher. On the downside, supermarkets slumped on the back of Read More
* U.S. joint venture exit to return billions to UK market * Citi estimates minimum $ 8 bln to return to UK by end-Feb * FTSE 100 could get a 2-3 pct boost, buck 2014 lag * Vodafone may fall if funds hold too much vs index weight By Simon Jessop and Sudip Kar-Gupta LONDON, Read More
By Sudip Kar-Gupta LONDON (Reuters) – FTSE rose for a fifth straight session on Tuesday, boosted by retailers which were up strongly on industry data that provided more evidence the UK’s economic recovery is slowly gathering momentum. The blue-chip FTSE 100 index closed up by 1.2 percent, or 81.11 points, at 6,672.66 points – marking Read More
Like most private investors, I drip-feed money into my investment account each month. To stay invested, I need to make regular purchases, regardless of the market’s latest gyrations. However, the FTSE 100 (FTSEINDICES: ^FTSE) is up 75% on its March 2009 low, and is no longer cheap. So is the UK’s blue-chip index still a Read More
* FTSE 100 up 0.8 pct, rises for 5th straight session * Retail stocks buoyed by strong UK retail sales * FTSE could hit 6,900 over coming month -APS Alpha’s Slack By Sudip Kar-Gupta LONDON, Feb 11 (Reuters) – Britain’s top equity index rose for a fifth straight session on Tuesday, boosted by retailers after Read More
By This Is Money PUBLISHED: 03:44 EST, 10 February 2014 | UPDATED: 12:59 EST, 10 February 2014 17.30 (CLOSE): British Gas owner Centrica suffered a shares fall after Energy Secretary Ed Davey called for radical reform of the energy supply market. It emerged that it was singled out by Mr Davey in a letter asking Read More
* FTSE 100 rises for fourth straight session * Energy Secretary’s comments hit utility sector * Fall in utility shares prevent FTSE from bigger gains * Rise in Barclays (LSE: BARC.L – news) adds most points to FTSE 100 By Sudip Kar-Gupta LONDON, Feb 10 (Reuters) – Fresh political pressure on Britain’s utility industry hit Read More
LONDON (ShareCast) – 1630: Close The FTSE 100 finished 19.87 points or 0.3 per cent higher at 6,591.55 after a rangebound session. Nevertheless, this was still the index’s highest closing level since January 24th when it reached 6,663.74. “Traders are slowing gaining confidence in equity markets as bullish behaviour returns in the wake of the Read More