London’s benchmark index reached a two-week low on Friday, impacted by declines in oil majors and significant lenders that participated in a global selloff of financial stocks amid worries regarding the stability of U.S. regional banks. The benchmark FTSE 100 fell 1.3% to 9,310 points as of 1017, while the domestically focused FTSE 250 dropped Read More
London stocks exhibited a lackluster performance on Thursday following a GDP report that met expectations, as investors maintained a cautious stance in light of ongoing inflationary pressures and varied corporate announcements. The blue-chip FTSE 100 fell 0.06% by 1017, while the mid-cap focused FTSE 250 declined 0.2%. Britain’s economy experienced a slight expansion of 0.1% Read More
On Wednesday, London’s FTSE 100 experienced a decline as investors grappled with increasing fiscal apprehensions, highlighting persistent inflation and the possibility of tax increases by the UK government, all while processing a varied set of corporate announcements. The benchmark FTSE 100 was down 0.5% by 1013, while the domestically focused FTSE 250 was up 0.13%. Read More
London equities has emerged as a prominent contrarian trade, following a recent survey that indicated a record number of fund managers are underweight in the British market. Numerous factors suggest that UK equities may surpass their U.S. counterparts in 2026 and possibly for the following decade – and this optimism is not solely based on Read More
The blue-chip FTSE 100 was up 0.07% as of 1012, having dropped 0.9% in the previous session after Trump threatened 100% tariffs on Chinese imports, reigniting fears of a trade war between the world’s two largest economies. London equities experienced a slight rebound on Monday, primarily driven by the mining sector, following a moderation in Read More
The benchmark FTSE 100 was down 0.1% at 9,500 as of 1045, yet it was poised for a third consecutive week of gains. The mid-cap index was heading toward a weekly loss, down 0.2% on Friday. Britain’s benchmark index experienced a decline for the second consecutive session on Friday, as the losses in major mining Read More
On Thursday, FTSE 100 experienced a pullback from the record high achieved in the previous session, primarily influenced by declines in HSBC shares that pressured the banking sector, although gains in mining stocks helped to mitigate the overall losses. The blue-chip index fell 0.4% to 9,511.79 as of 1043, while the mid-cap-focused index was up Read More
On Wednesday, FTSE 100 achieved a new intraday record, buoyed by substantial gains in financial stocks, while gold mining companies saw an uptick following the surge in bullion prices to unprecedented levels. The blue-chip FTSE 100 was up 0.6% at 9,536.39 as of 1042. Financials led gains, with the banks index up 1.4%. Lloyds Banking Read More
On Tuesday, FTSE 100 exhibited minimal movement as investors took a breather following the previous week’s rally, with the overall market downturn being counterbalanced by increases in prominent energy stocks. The blue-chip index was flat at 9,480.84 as of 1050, while the mid-cap FTSE 250 slipped 0.2%. Retailers led declines, slipping 0.8%. B&M opens new Read More
FTSE 100 experienced a decline on Monday as investors paused following last week’s rally that propelled the index to unprecedented levels. Additionally, the drop in shares of packaging company Mondi, following its quarterly results, contributed to the downward pressure. The blue-chip index briefly crossed 9,500 for the first time on Monday, marking its fifth consecutive Read More
