UK shares experienced an uptick on Tuesday after the extended weekend, driven by gains in energy and consumer staples sectors in anticipation of U.S. President Donald Trump’s deadline for Iran regarding the Strait of Hormuz. Iran exhibited no indication of acquiescing to Trump’s ultimatum that it permit access to the strait by the conclusion of Read More
The FTSE 100 was hovering around the flatline on Friday, while European stocks headed lower, as traders shrugged off Donald Trump’s latest pause on striking Iran’s energy infrastructure. On Thursday night, the US president extended the deadline for Iran to open the strait of Hormuz by 10 days, establishing a new date of 6 April. Read More
London’s primary indexes experienced a significant decline on Thursday, driven by an escalating conflict in the Middle East that diminished risk appetite. Investors remained vigilant regarding the Bank of England’s forthcoming monetary policy decision. The blue-chip FTSE 100 fell 1.9% by 1020. Meanwhile, the mid-cap index was down 2%, reaching its lowest level since November Read More
