London equities experienced a significant decline, moving towards weekly losses. This downturn was driven by apprehensions regarding technology valuations and the Federal Reserve’s assertive approach, which unsettled global markets. Additionally, defense shares fell as indications of possible advancements toward peace in Ukraine emerged. As of 1222, the blue-chip FTSE 100 index fell 0.4%, erasing Thursday’s Read More
On Tuesday, London’s export-oriented FTSE 100 reached a new intraday record peak, supported by a declining pound following economic data that indicated an increase in unemployment and a deceleration in wage growth. Meanwhile, drugmaker AstraZeneca achieved an all-time high. The blue-chip FTSE 100 index rose 0.8% by 1210, building on its record close posted in Read More
London Equities faced a downturn on Friday, with IAG playing a significant role in the decline, and were set to end the week with losses amid a week filled with earnings reports and the Bank of England’s decision on interest rates. The blue-chip FTSE 100 index has experienced a decline of 0.8% as of 1125, Read More
