By Alistair Smout LONDON (Reuters) – Britain’s top share index edged lower on Friday, extending a muted start to the year but supported by news of upbeat trading from Next in what has been a mixed Christmas for the UK retail sector. The FTSE 100 fell 0.2 percent to 6,705.53, dipping further away from multi-year Read More
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Britain’s leading share index, the FTSE 100, marks its 30th anniversary today as forecasts suggest it will soar to record highs this year and smash through the 7,000 point barrier. This would mark a milestone for the stock market index, which was set up on January 3 1984 at the base level of 1,000 index Read More
* Mining (LSE: MIR.L – news) stocks fall after Chinese factory activity slowdown * FTSE 100 falls 0.3 percent * FTSE 100 rose 14.4 pct in 2013 * Many traders see FTSE eventually hitting 7,000 level in 2014 By Sudip Kar-Gupta LONDON, Jan 2 (Reuters) – Britain’s benchmark equity index, which had its best annual Read More
By This Is Money Reporters PUBLISHED: 03:20 EST, 2 January 2014 | UPDATED: 12:33 EST, 2 January 2014 17.30 (CLOSE): The spotlight fell on retailers on the first day of new year trading after troubled Debenhams announced the resignation of its finance boss. Shares in the department store chain – which issued a shock profits Read More
Break out the balloons and party hats! Nope — I’m afraid the FTSE 100 hasn’t hit 7000 just yet — instead, we have another milestone to celebrate for UK’s leading benchmark share index. When most UK investors think of the stock market, the FTSE 100 almost invariably comes to mind — it’s easily the world’s Read More
* FTSE 100 down 0.4 pct after 14 pct gain in 2013 * Miners slip after disappointing Chinese data * FTSE’s medium-term technical outlook seen positive By Atul Prakash LONDON, Jan 2 (Reuters) – A sharp sell-off in mining shares following disappointing Chinese factory data pushed down Britain’s top share index on the first trading Read More
London’s benchmark index fell 22 points, or 0.3pc, to 6,726 in early trade after new figures showed a decline in Chinese manufacturing in December. As China is the world’s biggest metals consumer, the underwhelming economic data dragged on London’s mining shares, which in turn pulled the over all index lower.
City analysts forecast the FTSE 100 to climb above 7,000 in 2014 For many stock market experts forecasting what will happen in 2014, the question isn’t whether the FTSE 100 will rise or fall, but how high the index will go. After climbing 14.4pc in 2013, its best annual performance since 2009, to finish at Read More
The FTSE 100 celebrates its 30th birthday on January 3, we take a closer look at the UK’s leading index over the past three decades The FTSE 100 launched on January 3 1984 with a base level of 1,000, replacing the FT30 as the main indicator for the performance of companies listed on London Stock Read More
The launch of the FTSE 100 (FTSE Index: EO100.FGI – news) index 30 years ago signalled a new era for investors creating great wealth as well as causing mayhem. By Martin Vander Weyer Thirty years ago tomorrow, without much fanfare, “the Footsie” entered our national vocabulary. The FTSE 100 index of the 100 leading shares Read More