London shares declined to two-month lows on Tuesday as increasing oil prices drove bond yields higher globally due to inflation concerns, while investors evaluated a series of domestic economic data in anticipation of a central bank policy decision later this week. The blue-chip FTSE 100 index fell 0.59% to 10,634.49 points by 1000, while the Read More
The FTSE 100 was poised to conclude a volatile week on a muted note, as investors assessed mixed economic data on Friday amid ongoing Middle East tensions that have heightened inflation concerns. The blue-chip FTSE 100 was flat at 10,747.56 points by 1006, while the midcap FTSE 250 climbed 0.4% to 24,596.70 points. Both indexes Read More
London’s FTSE 100 experienced a decline for the second consecutive session on Tuesday, driven by a significant drop in shares of Spirax due to the valve maker’s disappointing outlook. Additionally, Legal & General spearheaded a selloff in the insurance sector following several broking downgrades. The blue-chip FTSE 100 index fell 0.1% to 10,851.58 points by Read More
Britain’s FTSE 100 experienced a decline on Thursday, ending a seven-day winning streak, as renewed hostilities between the U.S. and Iran cast a shadow over the prospects for reopening the Strait of Hormuz. The blue-chip FTSE 100 index fell 0.8% to 10,418.33 points by 1013, while the midcap FTSE 250 dipped 0.4% as it eased Read More
The primary UK indexes surged over 2% on Wednesday, bolstered by optimism surrounding a potential U.S.-Iran agreement following a prolonged conflict, which has significantly elevated energy prices and heightened worries about inflationary pressures. The blue-chip FTSE 100 index rose 2.4% by 1055, while the midcap FTSE 250 index also climbed 2.6%, reaching its highest level 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
