FTSE were poised to conclude a noteworthy week slightly down on Friday as investors evaluated central bank decisions, with the U.S. Federal Reserve in the spotlight. The blue-chip index was flat at 1026 and headed for a marginal weekly decline on lingering inflation worries. The mid-cap index fell 0.6% and was also on track for Read More
FTSE Futures experienced an uptick on Thursday, reflecting a wider trend across Europe following the U.S. Federal Reserve’s initial interest rate cut of the year. Attention now shifts to the Bank of England’s rate decision anticipated later in the day. The blue-chip FTSE 100 gained 0.4% by 0915, with gains in business information group RELX Read More
The benchmark index experienced an increase of 0.2% by 1013, whereas the domestically focused index saw a rise of 0.4%. British stocks saw a modest increase on Wednesday, recovering from the previous day’s losses, as investors looked forward to the U.S. Federal Reserve’s policy decision at the end of its two-day meeting later in the Read More
On Tuesday, London’s FTSE 100 index experienced a decline as investors assessed mixed corporate updates and maintained a cautious stance ahead of upcoming central bank meetings. However, gains in metal miners contributed to mitigating the losses. The benchmark FTSE 100 was down 0.3% by 0949, while the domestically focused FTSE 250 was flat. On Tuesday, Read More
On Monday, the index experienced a slight decline, influenced by the performance of major player AstraZeneca and the strength of the sterling. Investors are gearing up for a week packed with important central bank announcements, particularly from the Bank of England. AstraZeneca, Britain’s largest company, has become the latest pharmaceutical firm to scale back its Read More
The FTSE 100 advanced 0.3% by 0935 GMT, positioning itself for its second consecutive weekly gain. London shares showed varied results on Friday, but they were set for weekly gains as markets looked forward to the possibility of an interest rate cut by the U.S. Federal Reserve next week. At the same time, investors were Read More
FTSE 100 increased by 0.4%, while the domestically focused mid-cap index also saw a rise of 0.4% On Thursday, London stocks saw an increase, fueled by advancements in the industrial and energy sectors. Investors are presently assessing corporate earnings as they await a crucial inflation report from the U.S. set to be released later today. Read More
On Wednesday, Britain’s FTSE 100 saw a drop, affected by the performance of consumer staples and industrial sectors, as investors assessed various corporate earnings reports. The blue-chip index has closed down by 0.2%, while the domestically focused mid-cap index has slipped by 0.3%. In the market, consumer staples firms faced a downturn. Associated British Foods Read More
Industrial miners rose 3.2%, led by Anglo American, which increased by 9.9%, topping the FTSE 100 after the miner announced an agreement to merge with Canada’s Teck Resources in a $53 billion deal to form a newly combined company, Anglo Teck. “Despite the uncertainties surrounding the potential value generation from the Teck takeover for the Read More
Britain’s FTSE 100 saw a slight increase on Monday, driven by gains in industrials and banking sectors, although declines in consumer staples and healthcare sectors limited the overall progress. The blue-chip index closed up 0.1%, while the domestically-focused mid-cap index added 0.5%. Boosting the FTSE 100, stocks rose 1.1%, bouncing back following a slide on Read More
