By Tricia Wright LONDON (Reuters) – Britain’s top shares fell on Friday, weighed down by spirits company Diageo on bearish analyst comments. The company’s shares fell 1.7 percent, one of the biggest drags on the FTSE 100, as various investment houses including Goldman Sachs weighed in on the company a day after it said its Read More
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Sudden 10pc spike in HSBC shares caused the FTSE 100 index to briefly inch into positive territory Fat fingers aren’t just responsible for excruciating iPhone auto-corrects. On Thursday, City traders blamed a “fat finger mistake” for the sudden 10pc spike in HSBC , which caused London’s FTSE 100 index to briefly inch up 0.5pc into Read More
By This Is Money Reporters PUBLISHED: 03:34 EST, 30 January 2014 | UPDATED: 12:26 EST, 30 January 2014 17.10 (close): Asia-focused stocks came under pressure today after drinks giant Diageo warned that emerging markets had become more challenging. Markets were already on edge after the US Federal Reserve announced a further tightening in monetary policy Read More
By This Is Money Reporters PUBLISHED: 03:34 EST, 30 January 2014 | UPDATED: 12:26 EST, 30 January 2014 17.10 (close): Asia-focused stocks came under pressure today after drinks giant Diageo warned that emerging markets had become more challenging. Markets were already on edge after the US Federal Reserve announced a further tightening in monetary policy Read More
LONDON (ShareCast) – 1630: Close The FTSE closed marginally lower, having remained fairly steady for the final two hours of trade. The biggest riser was BskyB following a strong update, while Diageo (LSE: DGE.L – news) fell after missing analyst expectations for H1. Serco fell heavily on the second tier index after issuing a profit Read More
* FTSE 100 falls 0.2 pct * Diageo (LSE: DGE.L – news) sales growth slows due to EM weakness * B Sky B, Shell (LSE: RDSB.L – news) reassure with company updates * Fat finger temporarily sees HSBC surge By Alistair Smout LONDON, Jan 30 (Reuters) – British blue chip shares fell for the seventh Read More
* FTSE 100 falls 0.3 pct in early session trading * Drop in Diageo (LSE: DGE.L – news) takes most points off FTSE * Emerging markets concerns weigh on equity markets * Too risky to buy in now, say analysts and traders By Sudip Kar-Gupta LONDON, Jan 30 (Reuters) – Britain’s main equity index fell Read More
By Sudip Kar-Gupta LONDON (Reuters) – Britain’s main equity index fell for the seventh time in eight sessions on Thursday, as a drop in the shares of drinks group Diageo and concerns about problems in emerging markets weighed on the market. The blue-chip FTSE 100 index was down by 0.3 percent, or 21.63 points, at Read More
By Tricia Wright LONDON (Reuters) – Britain’s top share index sank to its lowest closing level in six weeks on Wednesday, on investor concern about the effect a further reduction of U.S. monetary stimulus would have on emerging markets. Investors have been on edge in recent days as unease about slowing Chinese growth and the Read More
By This Is Money Reporters PUBLISHED: 03:48 EST, 29 January 2014 | UPDATED: 12:32 EST, 29 January 2014 17.15 (close): The departure of Sainsbury’s boss Justin King saw shares in the supermarket fall two per cent as the wider blue-chip index also turned red on global economic anxieties. Mr King, hailed as the saviour who Read More