London's FTSE 100 prospered in early trading on Thursday after the US central bank cut rates by a hefty 50 basis points. The FTSE 100 index added 56.60 points, 0.7%, at 8,310.28. The FTSE 250 added 168.08 points, 0.8%, at 21,003.39, and the AIM All-Share rose 2.30 points, 0.3%, at 744.86. The Cboe UK 100 rose 0.7% to 832.14, the Cboe UK 250 added 0.8% to 18,528.62, and the Cboe Small Companies...

Stocks ended lower in London on Wednesday, as uncertainty around the outcome of the US Federal Reserve's interest rate decision put investors on the back foot. 'This is one of the most uncertain Fed outcomes in recent memory; Chair Powell's post-decision press conference could generate plenty of fireworks,' said analysts at Brown Brothers Harriman. The FTSE 100 index fell 56.18 points, or 0.7%,...

Stocks in London were in the red at midday on Wednesday, awaiting clarity from the US Federal Reserve over the pace of interest rate cuts. According to CME FedWatch, a 50 basis point cut is the most likely move by the US central bank, though some believe a 25 basis point reduction is in the offing. Elsewhere, the pound perked up, taking advantage of some dollar weakness after a UK inflation rea...

Shares in LBG Media (LBG:AIM) were up nearly 3% at 139.5p in morning trading as the LADBible publisher reporting a strong set of first-half results. Total group revenue rose 55% to £42.3 million for the six months ending 30 June 2024 compared to £27.2 million last year. The multi-channel digital publisher said revenue momentum was strong with organic growth of 29% and a record audience of 494...

Consumer goods group PZ Cussons (PZC) insisted the 'favourable trends' seen in last year's second half have continued into its new financial year as the FTSE 250 firm assured investors it is on track with plans to refocus its portfolio following a strategic review. Unfortunately, shares in the Manchester-based maker of Morning Fresh, Carex and Imperial Leather cheapened 7% to 96p as last year's...