On Thursday, London’s FTSE 100 experienced a slight decline, influenced by a downturn in oil stocks, despite a notable increase in defence shares, which reached a record high amid escalating military budgets and geopolitical tensions. The blue-chip FTSE 100 slipped 0.3% by 1040, while the domestically focused mid-cap index was 0.4% lower. Shell dropped 2.6% Read More
London’s FTSE 100 experienced a slight decline on Monday, influenced by the potential for a Russia-Ukraine ceasefire, which negatively impacted defence stocks during the final trading week of the year. U.S. President Donald Trump stated on Sunday that he and Ukrainian President Volodymyr Zelenskiy were “getting a lot closer, maybe very close” to an agreement Read More
London stocks continued to rise on Thursday, as investors looked forward to a potential interest rate cut from the Bank of England later in the day, driven by a significant deceleration in inflation and indications of a weakening economic landscape. The UK’s blue-chip FTSE 100 was up 0.3% at 1013, following a higher close in Read More
The UK’s blue-chip FTSE 100 experienced a modest increase on Tuesday, buoyed by advancements in defence stocks, which mitigated the decline in shares of British American Tobacco after a disappointing growth outlook. The FTSE 100 rose 0.1% by 1130, while the domestically oriented FTSE 250 index added 0.2%. BAT opened a new tab and fell Read More
