UK stocks opened higher on Thursday, led by mining companies as commodities prices, notably copper, continued to advance, with Anglo American (AAL), Glencore (GLEN), Antofagasta (ANTO) and Rio Tinto (RIO) all catching a bid early on. By 9 am, the FTSE 100 was trading 0.65% higher at 7,188.22 points, while the FTSE 250 was up 0.7% at 22,793.72. Brent Crude pushed ahead 0.8% to $83.85 per ...

UK equity markets managed to push ahead on Wednesday as new figures showed economic expansion. Both the FTSE 100 and FTSE 250 finished the session in positive territory by 0.27% and 1% respectively. The latest figures from the Office of National Statistics revealed that GDP is estimated to have grown by 0.4% in August. The rebound was predominately driven by the services ...

The FTSE 100 and FTSE 250 encountered divergent fortunes during early afternoon trading on Wednesday. At lunchtime the former was trading 0.09% lower at 7,124.13, whilst the latter edged 0.95% higher to 22,661.63. The latest figures from the Office of National Statistics (ONS), revealed that gross domestic product (GDP) is estimated to have grown by 0.4% in August. The rebound was ...

Shares in asset management firm Man Group (EMG) jumped 7% higher to 217p after the group reported strong net inflows of $5.3 billion, the highest figure for any quarter in a decade and exceeding analysts’ forecasts. Today’s third quarter update reinforces the positive momentum highlighted at the group’s interim results announced on July 28th that surpassed consensus expectations. It also ...

Shares in pub group Marston’s (MARS) gained 1.7% to 74.1p after the company said like-for-like trading in the final quarter was above pre-pandemic levels. The firm has seen a continuous improvement in business since pubs were allowed to re-open on 12 April, helped initially by the company’s £2 million investment in outdoor trading spaces and latterly by the UK’s staycation boom. The ...

Shares in online health and beauty products seller THG (THG)  failed to arrest Tuesday’s huge selling volumes in early trading on Wednesday in wake of yesterday’s disastrous capital markets day. The event for analysts and fund managers was designed to explain the potential of its Ingenuity e-commerce platform. But rather than bring clarity and optimism it badly flopped, sending the stock ...

Shares in leading UK house builder Barratt Developments (BDEV) jumped to the top of the FTSE leader board with a gain of more than 5% to 676p after the company posted an encouraging trading update despite the pressures on the construction sector. Ahead of its annual general meeting, Barratt reported trading since the start of July had been strong even after a ‘significant reduction’ in Help ...

Inflation, supply chain issues and soaring fuel prices have dominated UK market chatter for months but on Wednesday investors were obsessed by THG (THG). The online beauty and health products seller, also known as The Hut Group, continued to fall on after a torrid Tuesday during which it saw its share price lose more than a third of its value. A presentation to analysts and key investors ...

UK stocks continued to claw back losses on Tuesday afternoon but not enough to prevent the FTSE 100 index of leading shares closing 0.3% lower to 7,130 weighed down by profit-taking in miners and financials after their gains of the last few days. Investors will be keeping a close watch on the upcoming US earnings season which starts in earnest tomorrow with Q3 reports from investment banks ...

UK stocks clawed back some of the early losses on Tuesday lunchtime but remained in negative territory as inflationary concerns continued to dampen investor sentiment. Oil prices remained firm with Brent crude futures holding at $84 per barrel while sterling pushed above $1.36, adding to the headwinds facing export-reliant companies. At midday, the FTSE 100 index of leading shares was down ...