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LONDON (ShareCast) – Ocado was rising strongly ahead of its trading update on Thursday, when the group is expected to post a robust set of figures for the Christmas period. The internet grocer is expected to have benefitted from the trend that has seen retailers move their shopping habits online. The share price of department Read More

LONDON (AFP) – London equities steadied on Monday, with support coming from gains to banking shares after regulators relaxed rules on lenders’ capital buffers. The FTSE 100 index of top companies dipped 0.10 percent to 6,733.39 points in midday deals compared with Friday’s closing values. “The financial heavyweights were helped higher by a decision by Read More

* FTSE 100 up 0.4 pct * Banks lift index as leverage rules are eased * Amec (Other OTC: AMCBF – news) rallies after Foster Wheeler (NasdaqGS: FWLT – news) deal By Francesco Canepa LONDON, Jan 13 (Reuters) – A rally in banking shares helped Britain’s FTSE 100 rise close to a two-month high on Read More

* FTSE 100 up 0.3 pct to highest close since Nov. 7 * Banks lift index as leverage rules are eased * Amec (Other OTC: AMCBF – news) rallies after Foster Wheeler (NasdaqGS: FWLT – news) deal By Francesco Canepa LONDON, Jan 13 (Reuters) – A rally in banking shares helped Britain’s FTSE 100 rise Read More

By This Is Money Reporters PUBLISHED: 03:31 EST, 13 January 2014 | UPDATED: 06:51 EST, 13 January 2014 11.50: The Footsie’s earlier gains had evaporated by lunchtime as traders nervously looked ahead to the start of trading today in New York following Friday’s mixed US jobs reports which saw the Dow Jones Industrial Average end Read More

* FTSE 100 up 0.1 pct * Financials give biggest boost to index * Barclays (LSE: BARC.L – news) seen key UK winner from regulation easing -ShoreCap By Toni Vorobyova LONDON, Jan 13 (Reuters) – Britain’s FTSE 100 share index edged up towards two-month highs on Monday, supported by a rally in heavyweight financials after Read More

By Toni Vorobyova LONDON (Reuters) – The FTSE 100 share index edged up towards two-month highs on Monday, supported by a rally in heavyweight financials after regulators agreed to ease a new rule on how banks’ leverage ratios are calculated. The regulators agreed on Sunday that banks will be able to include derivatives on a Read More

Could 2014 be the best year for UK equities since 2009, when the FTSE 100 (UKX) index posted a gain of a little over 22%? Analysts at Citigroup think so: they expect the blue-chip index to hit 7500 by the middle of 2014, and to break through the 8000 barrier by the year end. That Read More

The FTSE 100 Index rose 48.6 points to 6739.9 in the last session of the first full week of new year trading. Shares climbed in spite of a disappointing gain of just 74,000 US jobs in December, sharply below the average of 214,000 seen in the previous four months, and the lowest number in three Read More

* FTSE 100 up 0.9 pct, rebounding from previous session’s losses * Chatter of +200,000 jobs added last month helps market * Tullow Oil (LSE: TLW.L – news) lifted by bid speculation By Alistair Smout LONDON, Jan 10 (Reuters) – Britain’s top share index rebounded from the previous session’s losses on Friday amid talk that Read More