By This Is Money Reporters PUBLISHED: 03:55 EST, 17 January 2014 | UPDATED: 12:49 EST, 17 January 2014 17:30 (CLOSE): A warning of ‘significantly lower’ fourth quarter profits from oil giant Royal Dutch Shell sent shares lower, but the wider top-flight gained ground following buoyant Christmas retail figures. It was an uncomfortable start to the Read More
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Bolstered by the improving US economy, many analysts expect the blue-chips to surpass their previous record close of 6,930.2 and climb above the 7,000 level this year. The experts at Citigroup have set a year-end target of 8,000, while Goldman Sachs expects 7,500.
* FTSE 100 up 0.1 pct, set for best week of 2014 * Motor insurers rally as pricing competition eases * Shell (LSE: RDSB.L – news) profit knocks index to underperform peers By Francesco Canepa LONDON, Jan 17 (Reuters) – Britain’s top share index was on course for its best weekly gain this year as Read More
By This Is Money Reporters PUBLISHED: 03:34 EST, 16 January 2014 | UPDATED: 12:34 EST, 16 January 2014 17.30 (CLOSE): Strong Christmas trading updates lifted Argos owner Home Retail Group and Halfords but were unable to inspire the wider share market as it failed to build on the gains of the previous session. A fresh Read More
Bolstered by the improving US economy, many analysts expect the blue-chips to surpass their previous record close of 6,930.2 and climb above the 7,000 level this year. The experts at Citigroup have set a year-end target of 8,000, while Goldman Sachs expects 7,500.
By Alistair Smout LONDON (Reuters) – The FTSE 100 underperformed major regional peers on Friday, knocked back by a dramatic fall in Shell, its most heavily weighted stock, after the oil major delivered a profit warning. Royal Dutch Shell saw its listings fall 3.1 percent and 2.8 percent respectively after it warned that its fourth-quarter Read More
* FTSE 100 up 0.1 pct, 2013’s peak of 6,875 in sight * Miners strong, Citi lifts position on sector to “bullish” * Index seen making all-time high in January – analysts By Tricia Wright LONDON, Jan 16 (Reuters) – Britain’s top shares inched higher on Thursday, propped up by steep gains from miners on Read More
By Tricia Wright LONDON (Reuters) – Britain’s top shares steadied near last year’s peak on Thursday, propped up by steep gains from miners on optimism over the global economy and upbeat analyst comment. Miners added the most points to the FTSE on Thursday. The FTSE 350 Mining Index rose 3.2 percent while Rio Tinto firmed Read More
* FTSE 100 on track for highest close since late May * FTSE 100 up 0.8 percent in late session trading * GlaxoSmithKline (Other OTC: GLAXF – news) rises as SocGen (Paris: FR0000130809 – news) tips stock * Burberry rises after strong Christmas sales By Sudip Kar-Gupta LONDON, Jan 15 (Reuters) – Britain’s top equity Read More
By This Is Money Reporters PUBLISHED: 03:37 EST, 15 January 2014 | UPDATED: 12:42 EST, 15 January 2014 17:30 (CLOSE): Traders cheered more positive signs on the recovery as weaker energy stocks failed to derail buoyant blue-chip shares. The latest optimism came from the World Bank as it said the global economy was now at Read More