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 shares extended gains on Wednesday, as oil prices retreated, providing some relief to unsettled global markets, while investors anticipated the U.S. Federal Reserve’s rate decision later in the day. The conflict in the Middle East, now entering its third week, continues to escalate, with Israel and Iran ramping up their military operations in the Read More
On Monday, UK stocks experienced a decline, reaching their lowest point in almost two months. This downturn was driven by escalating oil prices, which heightened inflation concerns, alongside apprehensions regarding possible interest rate increases in the context of persistent U.S.-Israeli tensions with Iran. The blue-chip FTSE 100 slipped 1.1% by 0937, while the mid-cap FTSE Read More
London’s FTSE 100 experienced a decline for the second consecutive session on Tuesday, as investors tempered their expectations for interest-rate reductions following a rise in energy prices that reignited concerns about inflation in anticipation of new UK economic and borrowing projections. Shares of economically sensitive banks experienced a decline, with HSBC down 4.7%, Barclays off Read More
The UK’s FTSE 100 reached a new high on Wednesday, driven by a decline in domestic inflation last month, which bolstered expectations for an interest rate cut potentially as early as March. Additionally, defence stocks found support from the robust performance reported. The blue-chip index rose to an intraday record high, up 1% at 10,666.68 Read More
London’s FTSE indexes experienced a modest increase on Monday, driven by gains in financial stocks as the market anticipates a week filled with economic data that may provide additional insights into the central bank’s forthcoming monetary policy trajectory. The internationally-focused FTSE 100 edged up 0.41% to 10,488.79 points by 0925, while the domestically-focused FTSE 250 Read More
The UK’s FTSE 100 experienced a decline on Tuesday, primarily influenced by Standard Chartered’s announcement regarding the departure of its CFO, alongside a downturn for oil major BP following the suspension of its share buyback programme. The blue-chip FTSE 100 fell 0.2% as of 1157, while the FTSE 250 midcap index inched up 0.1%. Standard Read More
The UK’s FTSE 100 dipped on Thursday, influenced by shares of Shell after the oil giant announced quarterly profits that fell short of expectations, as investors looked ahead to the Bank of England’s policy decision later in the day. The blue-chip index was down 0.4% at 1005, following a record high close yesterday. Meanwhile, the Read More
The UK’s FTSE 100 experienced a modest increase on Monday, as investors gravitated towards defensive pharmaceutical and consumer staples stocks in the context of a global selloff in energy and metal shares. The blue-chip FTSE 100 index was up 0.2% at 1037, marking its third consecutive session of gains, whereas the domestically focused mid-cap index Read More
Heavyweight banking stocks propelled London’s FTSE 100 upward on Friday, positioning the index for a seventh consecutive month of gains, as investors evaluated the appointment of Kevin Warsh as chair of the U.S. Federal Reserve. The blue-chip index rose 0.3% by 1157, poised for its longest monthly winning streak in over 12 years. The asset Read More
