Stock prices in London were up on Thursday afternoon, although the FTSE 100 pared its initial progress and traded only a hair higher.The UK economy slipped into recession in the final quarter of 2023, according to the latest data, buoying hopes of speedier interest rate cuts from the Bank of England.But for the FTSE 100, gains were hard to come by as the equity trading session dragged on, with sha

London?s FTSE 100 struggled on Monday, as robust US services data strengthened the case for the Federal Reserve to hold off on cutting interest rates for now.The FTSE 100 index slipped just 2.68 points to 7,612.86. The FTSE 250 fell 154.09 points, 0.8%, at 19,018.55, and the AIM All-Share gave back 3.80 points, 0.5%, at 750.37.The Cboe UK 100 closed down 0.1% at 761.09, the Cboe UK 250 slumped 1.0

?Exceptional? flow of new ordersNet loss smaller than expectedMost shorted listed UK companyOilfield services group Petrofac (PFC) delivered a triple whammy of good news to investors today with a positive trading update and a narrower projected loss for the full year.The firm also revealed it had secured a performance guarantee for $1.4 billion from Dutch utility company TeneT under a multi-year c

A wall of money is going into building out the green infrastructure required to facilitate the global energy transition. This starts with electrifying power generation all the way through to transmitting and storing this energy before it is eventually consumed.At the same time, indebted governments are increasingly looking to private companies to help solve the global water challenge.Water is an e

Stock prices in London were higher at Thursday's open, lifted by 'record' results from Nvidia late Wednesday, as well as a more positive outlook ahead of the Federal Reserve's Jackson Hole event.The FTSE 100 index opened up 38.72 points, 0.5%, at 7,359.25. The FTSE 250 was up 149.88 points, 0.8%, at 18,376.37, and the AIM All-Share was up 2.48 points, 0.3%, at 736.95.The Cboe UK 100 was up 0.5%, t

China's rapid retreat from its zero-Covid policy in a bid to boost economic growth is one of the big investment themes of 2023 and is sure to provide a major boon for consumption in the so-called Middle Kingdom. Since November 2022, the government has dramatically reopened the Chinese economy and rolled back pandemic-induced restrictions that had been in place for three years.While the end of zero

Shares were rebounding early Thursday, after the Swiss central bank threw a financial lifeline to Credit Suisse, whose mounting woes triggered a sell-off of European bank stocks on Wednesday.Attention now turns to a interest rate decision by the European Central Bank, due around midday. Wednesday's turmoil has put ECB policy-makers in a tricky position. The bank had telegraphed a 50 basis point ra

Shares opened lower Friday, looking set to round off a year of stark divergence in stock performance in London on an overall negative note.The FTSE 100 index opened down 32.0 points, 0.4%, at 7,480.72. The FTSE 250 was down 25.18 points, 0.1%, at 18,971.27, and the AIM All-Share was down 3.12 points, 0.4%, at 833.33.The Cboe UK 100 was down 0.4% at 747.83, the Cboe UK 250 was down 0.1% at 16,440.0

A mixed UK jobs report left the London stock market similarly mixed early Tuesday, as investors awaited the day's main event - a US inflation reading coming a day before the next Fed rate decision.The FTSE 100 index opened up 6.31 points, or 0.1%, at 7,452.28. The FTSE 250 was up 9.91 points, or 0.1%, at 18,829.35. Meanwhile, the AIM All-Share was down 1.30 points, or 0.2%, at 829.18.The Cboe UK 1

While growth stocks, bonds and cryptocurrencies have struggled, there is one 'well-heeled' corner of the stock market which hasn't missed a beat this year.Luxury goods stocks have outperformed their respective domestic stock markets by an average of 19% over the last six months while earnings have been revised upwards as the businesses continue to perform better than expected and surprise to the u

- EasyJet announces narrowed annual loss- Revenue rebounds sharply as demand returns- Record headline earnings for fourth quarterAirline EasyJet (EZJ) failed to impress investors with its full year numbers as the company remained in the red despite a rebound in air travel from the pandemic.The shares descended 4.4% to 375.9p as the budget carrier announced a narrowed annual loss of £208 million f

All eyes were on the pound early Monday, after it tumbled to a new record low against the dollar in response to the package of tax cuts unveiled by the new UK government on Friday.However, with its complement of foreign-currency earners, the FTSE 100 initially outperformed an otherwise mostly down start for European equities.Sterling fetched $1.0736 shortly after the London equities open, still do

It was an upbeat start on Monday for Europe, despite significant risk events, such as the monthly US jobs report and Federal Meeting meeting minutes, due later this week.Trading volumes were low with Wall Street sitting Monday's session out due to the Independence Day holiday.'The July 4 independence holiday in the US will likely allow some respite from the recent market turmoil. That said, the we

Global energy supply was in focus once again on Tuesday, as Western leaders meeting in Germany discussed further restrictions on Russian exports.London was slightly outperforming other European stock markets at midday, as its oil heavyweights benefited from rising crude prices.The FTSE 100 index was up 85.84 points, or 1.2%, at 7,343.56, extending its winning streak to three trading days. The mid-

Stocks in London ended higher on Wednesday, as the wait for a major US rate hike was eased by the European Central Bank pledging aid to at-risk countries through the easing of bond stress.The US Federal Reserve is set to announce a sharp increase in borrowing costs on Wednesday amid the troubling acceleration of inflation, and forecasters now expect officials to opt for the biggest rate hike in ne

London stocks were looking to end the week on a strong note, with a rise in oil prices bolstering the FTSE 100 on Friday amid fresh sanctions on Russia.Though it's been a shaky week for equities with hawkish remarks from the US Federal Reserve and the ongoing crisis in Ukraine, the UK's flagship stock index is on track to register a gain of 1% for the week overall.The FTSE 100 index was up 62.70 p

Questions over the credibility of a Russian promise to pull back some troops in Ukraine were hurting European markets more than London by midday on Wednesday, but a market signal of a possible recession in the US was providing a source of worry for all market participants.In Paris, the CAC 40 index was down 0.9%, while the DAX 40 in Frankfurt fell 1.4%. In Milan, the MIB 40 index was down 0.3%. Th

Stock prices in London following Europe into the red, as rhetoric from Russian President Putin claiming that there would be no let up in the Ukraine invasion further dented already fragile hopes of progress in diplomacy.The FTSE 100 index shed 190.71 points, or 2.6%, at 7,238.85. The mid-cap FTSE 250 index lost 696.12 points, or 3.4%, at 20,079.70. The AIM All-Share index ended down 23.05 points,

The FTSE 100 nudged into positive territory on Friday in a muted end to the week, with big oil helping to offset falls in commodity-related stocks. BP (BP.) and Royal Dutch Shell (RDSB) rose 1.7% and 1.3% to 342.4p and £16.514 respectively, tracking firmer crude prices after OPEC+ said it would review supply additions ahead of its next scheduled meeting if the Omicron variant dents demand.Miners

DOTDIGITAL (DOTD:AIM) 187pGain to date: 10%Original entry point: Buy at 170p, 4 March 2021The marketing technology company took one hell of a hammering last week that left analysts across the board scratching their heads. DotDigital (DOTD:AIM) had already indicated a better-than-expected finish to a record year so when confirmation came in the shape of record revenues, organic growth of 23%, profi