News

* FTSE 100 up 0.3 percent, seen challenging 6,820 level * Burberry rises after reporting higher Christmas sales * GlaxoSmithKline (Other OTC: GLAXF – news) buoyed as SG adds to “premium list” By Sudip Kar-Gupta LONDON, Jan 15 (Reuters) – Britain’s top equity index rose to its highest level in two-and-a-half months on Wednesday, helped Read More

By Sudip Kar-Gupta LONDON (Reuters) – The FTSE 100 rose to its highest level in two-and-a-half months on Wednesday, helped by the World Bank’s upward revision of global growth forecasts and gains at luxury group Burberry. The blue-chip FTSE 100 index rose by 0.3 percent, or 21.15 points, to 6,788.01 points in mid-session trading. Luxury Read More

* FTSE 100 up 0.1 pct, off intra-day 2-month high * Outlooks cheer Astrazeneca (NYSE: AZN – news) , Shire (LSE: SHP.L – news) * Ashmore outflows weigh on asset manager peers By Toni Vorobyova LONDON, Jan 14 (Reuters) – Britain’s top share index steadied near two-month highs on Tuesday, with a sell-off in financials Read More

LONDON (ShareCast) – 1630: Close The FTSE 100 ended today’s session with modest gains, with gains coming from the likes of BSkyB and Shire (LSE: SHP.L – news) . Today’s big news was of course a fall in UK inflation. The ONS revealed a 0.4 per cent gain in December, and 2.0 per cent year-on-year, Read More

* FTSE 100 flat, holding below 2-month high * Outlooks cheer Astrazeneca (NYSE: AZN – news) , Shire (LSE: SHP.L – news) * Ashmore outflows weigh on asset manager peers By Toni Vorobyova LONDON, Jan 14 (Reuters) – Britain’s top share index steadied near two-month highs on Tuesday, with a sell-off in financials offset by Read More

By This Is Money Reporters PUBLISHED: 03:33 EST, 14 January 2014 | UPDATED: 12:46 EST, 14 January 2014 17:30 (CLOSE): Markets fought back in the wake of steep falls on Wall Street overnight as positive updates on UK inflation and better-than-expected eurozone industrial production data helped lift traders’ moods after a glum start. The FTSE Read More

By Toni Vorobyova LONDON (Reuters) – Britain’s top share index steadied near two-month highs on Tuesday, with a sell-off in financials offset by a crop of solid updates in the healthcare and retail sectors. Investors are scrutinising corporate updates for clues on whether the quarterly reporting season will be sufficiently strong to justify the relatively Read More

By This Is Money Reporters PUBLISHED: 03:33 EST, 14 January 2014 | UPDATED: 09:14 EST, 14 January 2014 14.10: The Footsie ticked up into positive territory early afternoon, recovering from earlier falls on hopes for an opening rally today in New York after December retail sales came in ahead of expectations. The US Commerce Department Read More

* FTSE 100 down 0.3 pct in morning trading * Ashmore outflows weigh on asset manager peers * US pre-announcements add to earnings concerns By Toni Vorobyova LONDON, Jan 14 (Reuters) – UK stocks retreated on Tuesday, with news of steep client outflows at Ashmore hitting other asset management shares and exacerbating concerns about the Read More

By Francesco Canepa LONDON, Jan 13 (Reuters)- Britain’s FTSE 100 traded slightly lower on Monday, lagging its continental peers as falls in heavyweight oil stocks more than offset a rally in banks. The latter were boosted by the prospect of lighter leverage rules. Energy shares tracked crude prices lower as an international deal on Iran’s Read More