On Thursday, Britain’s FTSE 100 reached a record high, propelled by Rolls-Royce, which raised its annual forecasts. Additionally, sentiment improved due to optimism surrounding AI, following stronger-than-anticipated results from U.S. chip manufacturer Nvidia. Rolls-Royce opened new tab rose 4.9% and hit a record high after reporting a 40% jump in annual profit, driven by strong Read More
The UK’s FTSE 100 exhibited a lackluster performance on Monday, as investors navigated a new wave of uncertainty surrounding U.S. trade policy. Meanwhile, Johnson Matthey experienced a decline following the acceptance of a significant reduction in the sale price of its catalyst unit to Honeywell. The blue-chip index was up 0.1% at 1200, following a Read More
London’s benchmark index exhibited a cautious stance on Friday, following a record closing high in the preceding session. The decline in metal prices exerted pressure on mining stocks, counterbalancing the gains observed in defence shares. The blue-chip FTSE 100 was flat at 10236.58 points as of 0955, marginally easing off a three-week peak. Meanwhile, the Read More
On Tuesday, London’s FTSE 100 experienced a decline, influenced by downturns in the energy and defence sectors. Meanwhile, investors evaluated new employment figures that bolstered anticipations for a potential interest rate reduction by the Bank of England later this week. The UK’s blue-chip FTSE 100 fell 0.3% by 1022 after closing 1% higher in the Read More
The FTSE 100 experienced a modest increase on Thursday as investors evaluated corporate announcements alongside economic indicators that hinted at possible vulnerabilities. Notably, Burberry saw an uptick following an upward revision of the price target by HSBC for the luxury goods manufacturer. The blue-chip FTSE 100 was up 0.1% by 11:15 on Thursday, while the Read More
The FTSE 100 in the U.K. experienced a slight decline shortly after noon on Monday, reflecting a mixed performance among stocks in a cautious trading environment as investors assess the most recent national and regional economic data. The FTSE 100 experienced a decline of 9.91 points, representing a decrease of 0.1%, settling at 9,710.60 shortly Read More
