London stocks were up at midday on Friday, on the back of an interest rate hold from the Bank of England and a better-than-expected gross domestic product reading from the Office for National Statistics.The FTSE 100 index was up 66.70 points, 0.8%, at 8,448.05, after hitting a record high 8,455.77 earlier. The FTSE 250 was up 163.86 points, 0.8%, at 20,695.16, and the AIM All-Share was up 5.05 poi

1Q operating profit ?68 millionFuel unit costs down 4.9%IAG shares up 18% this yearShares in International Consolidated Airlines (IAG) were up 1.5p or 0.8% at 184p in morning trading as the British Airways owner said strong travel demand helped lift its results in the three months to 31 March 2024. EARNINGS TOP FORECASTSTotal revenue for the three months to 31 March was ?6.43 billion compar

Stocks in London started strong on Friday following the Bank of England?s dovish hold on interest rates on Thursday, as new data showed UK gross domestic product reached a stronger-than-expected level in March.The FTSE 100 index opened up 43.05 points, 0.5%, at 8,424.40. The FTSE 250 was up 68.41 points, 0.3%, at 20,599.71, and the AIM All-Share was up 2.06 points, 0.3%, at 785.76.The Cboe UK 100

Airline operator International Consolidated Airlines (IAG) is due to report first-quarter numbers on 10 May.The British Airways, Iberia, Aer Lingus and Vueling owner has experienced a revival of fortunes recently due to strong consumer demand ? people are still prioritising holidays despite the ongoing cost-of-living crisis.The company has grabbed the attention of several analysts recently with Fr

Stock prices in London were higher at midday on Wednesday, ahead of the next interest rate decision from the Bank of England on Thursday.The FTSE 100 index was up 41.39 points, 0.5%, at 8,355.06, having reached another record at 8364.04 at around 1100 BST. The FTSE 250 was up 33.45 points, 0.2%, at 20,446.53, and the AIM All-Share was up 1.99 points, 0.3%, at 778.41.The Cboe UK 100 was up 0.5% at

Stock prices in London declined as investors were cautious due to concerns that the Iran-Israel conflict could escalate, following reports by Iranian state media about explosions in the province of Isfahan.The FTSE 100 index was 47.06 points, 0.6%, at 7,829.99. The FTSE 250 was down 166.79 points, 0.9%, at 19,283.88, and the AIM All-Share was down 4.00 points, 0.5%, at 741.29.The Cboe UK 100 was d

European stocks declined on Friday morning after reports of explosions in Iran, fuelling worries of a conflict escalation.The FTSE 100 index opened 50.93 points lower, 0.7%, at 7,826.12. The FTSE 250 was down 178.53 points, 0.9%, at 19,272.14. The AIM All-Share was down 4.15 points, 0.6%, at 741.14.The Cboe UK 100 fell 0.7% to 781.46, the Cboe UK 250 was down 0.8% at 16,706.81, and the Cboe Small

Stocks in London started the week on the front foot, picking up strength as Monday?s trading session wore on, to post healthy gains by the close.Gold hit a new high before fading, airlines and miners were in demand, while Entain prospered on bid speculation.The FTSE 100 index closed up 32.31 points, 0.4%, at 7,943.47. The FTSE 250 ended up 128.64 points, 0.7%, at 19,854.58, and the AIM All-Share c

The FTSE 100 rose on Monday morning, albeit not as confidently as peers in Paris and Frankfurt, as investors reflect on a slew of data releases from last week, and look ahead to what could be a key few days for inflation and monetary policy developments.The FTSE 100 index rose 9.70 points, 0.1%, at 7,920.86. The FTSE 250 climbed 68.77 points, 0.4%, at 19,794.71, and the AIM All-Share advanced 4.55

International Consolidated Airlines (IAG) 162pMarket cap: £7.98 billionUnloved by investors during the pandemic British Airways owner International Consolidated Airlines (IAG) has experienced a revival of fortunes due to strong consumer demand and holidaymakers paying higher ticket prices. Despite the ongoing cost-of-living crisis ? people are still prioritising holidays.In a recent full year tra

Total revenue and other income up 13.8% to $1.2 billionPre-tax profit up 21.5%Strong passenger and capacity growthKazakhstan-based airline Air Astana (AIRA) reported a 21.5% increase in pre-tax profit to $68.7 million for the 12 months ending 31 December 2023.The company reported total revenue of $1.2 billion, up 13.8% on the prior year as passenger numbers increased 10.1% to a record 8.1 million.

Stocks in London closed predominantly lower on Thursday, in parallel with peers across Europe, as nervous sentiment prevailed ahead of US jobs data on Friday.The FTSE 100 index closed down 1.66 points at 7,513.72. The FTSE 250 ended down 47.99 points, 0.3%, at 18,618.74, and the AIM All-Share closed up 2.74 points, or 0.4%, at 720.86.The Cboe UK 100 ended down 0.2% at 750.42, the Cboe UK 250 close

The FTSE 100 sat marginally lower on Thursday afternoon, with share price falls for some of its larger constituents, on the back of broker rating downgrades, almost completely offset by strength in housebuilding shares and packaging firm DS Smith.Housebuilders climbed after reassuring data for the sector from Halifax. DS Smith said volume trends have improved recently, though its half-year earning

The FTSE 100 suffered a slow start on Thursday, with broker downgrades hitting some of its more influential constituents, though there was some impetus from M&A action elsewhere in London.JPMorgan cut British Airways parent IAG to ?underweight? from ?neutral?, sending that stock 3.3% lower. Vodafone fell 1.3% as Exane BNP lowered its rating for the telecommunications firm to ?underperform?.Underwh

Some largely dovish words from US monetary policymakers supported equities, giving stocks in New York a decent start and sending shares in Europe to session highs before the close, though the dollar suffered.The pound edged to only ever-so-slightly below the $1.27 mark, while the euro topped $1.10.The comments from the Federal Reserve cemented the notion that the central bank has enacted its last

European equities were lower heading into Monday afternoon, though the FTSE 100 was down only marginally, as investors consider where to go from here after a softer US jobs report aided risk sentiment towards the back end of last week.The data put some wind in the pound's sails, and currency trade was where the fireworks were on Monday afternoon. Sterling topped $1.24, while the euro might have $1

Stocks in Europe ended lower on Friday, rounding off a tricky week, with poor earnings weighing on the banking and pharmaceutical sectors.Eyes are also on the US monetary policy outlook. A US inflation reading failed to alter Federal Reserve interest rate expectations. It is still expected to leave rates unmoved next week.The FTSE 100 index closed down 63.29 points, 0.9%, at 7,291.28. The FTSE 250

London's FTSE 100 made a tentative gain on Friday afternoon, pushed higher by Shell and BP, though the advance could be short-lived if a key US inflation reading disappoints.The Federal Reserve's preferred inflationary tracker is released at 1330 BST. While economists expected both the headline and core readings to ebb, a hotter-than-expected print could send stocks lower and make investors rethin

The FTSE 100 edged into the red on Friday, weighed down by banking stocks, as NatWest shares came under selling pressure following a cut to annual guidance and the bank's admission of 'serious failings' in the handling of Nigel Farage's Coutts account.The FTSE 100 index opened down 4.91 points, 0.1%, at 7,349.66. The FTSE 250 was up 17.35 points, 0.1%, at 16,800.44, and the AIM All-Share was up 3.

Stock prices in London closed lower on Thursday after European Central Bank president, Christine Lagarde, said discussions about interest rate cuts would be 'totally premature'.The FTSE 100 index closed down 59.77 points, 0.8%, at 7,354.57. The FTSE 250 ended down 87.62 points, 0.5%, at 16,783.09, and the AIM All-Share closed down 3.98 points, 0.6%, at 669.84.The Cboe UK 100 ended down 0.9% at 733