Stocks in London made a muted return from a long weekend on Tuesday, though the FTSE 100 found support from travel stocks, miners and Bunzl. The FTSE 100 index ended up 17.68 points, or 0.2%, at 8,345.46. The FTSE 250 closed down 27.41 points, or 0.1%, at 21,162.07, and the AIM All-Share closed up 1.49 points, or 0.2%, at 779.18. The Cboe UK 100 ended up 0.2% at 835.07, the Cboe UK 250 fell 0.1...

Stock prices in Europe were in the green at midday on Tuesday, while medical device developer Belluscura surged on London's AIM market after anticipating a revenue jump. The FTSE 100 index was up 9.28 points, or 0.1%, at 8,337.06. The FTSE 250 was down 21.43 points, or 0.1%, at 21,168.05, and the AIM All-Share was up 1.56 points, or 0.2%, at 779.25. The Cboe UK 100 was up 0.1% at 833.82, the Cb...

Change at the top always brings some sort of uncertainty, particularly when an incumbent has been in place for years. This is where Apple (AAPL:NASDAQ) finds itself after shuffling its C-suite and appointing a new chief finance officer. Long-standing CFO Luca Maestri has been at the iPhone maker for more than a decade, carefully steering finances that have allowed the company to make essential...

Shares in Ocado (OCDO) were marginally higher at 364p in morning trading as the online grocery retailer said two (customer fulfilment centres) CFCs in Australia had opened in July (a year later than originally planned). The joint venture with Coles has now finally begun to serve communities in Melbourne and Sydney, the company says. The delivery hubs will be powered by cutting edge (artificial...

Bunzl (BNZL) shares bounced 9.3% to an all-time high of £35.12 after the resilient distribution and services giant delivered another full year profit guidance upgrade driven by acquisitions and an improved first half margin performance. Drawing confidence from the strength of its balance sheet, the FTSE 100 firm also announced a £250 million share buyback programme to be completed by next Mar...

Stock prices in Europe opened in the green on Tuesday, after data showed UK shop prices in August entered deflation for the first time since 2021, ahead of a key speech by Prime Minister Keir Starmer. The FTSE 100 index opened up 48.39 points, or 0.6%, at 8,376.17. The FTSE 250 was up 31.41 points, or 0.2%, at 21,220.89, and the AIM All-Share was up 0.63 points, or 0.1%, at 778.32. The Cboe UK...

Stocks in London ended the week higher on Friday, while unambiguously dovish remarks from US Federal Reserve Chair Jerome Powell propelled the pound to a 29-month high against the dollar. 'The time has come for policy to adjust. The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks,' Powell said in a s...

European stocks were higher going into Friday afternoon, as investors focused on potential clues about future monetary policy from both sides of the Atlantic. The Jackson Hole meeting will see both Federal Reserve Chair Jerome Powell and and Bank of England Governor Andrew Bailey speak on Friday. In other news, energy bills are set to increase by almost £150 after Ofgem raised its price cap, i...

Shares in Nestle (NESN:SWX) cheapened 2.5% to CHF 87.3 on Friday as investors digested news of the abrupt departure of Mark Schneider, who is being replaced as CEO of the world's biggest packaged food company by Laurent Freixe following eight years in the hot seat. The Swiss multinational enjoyed a boom during Covid lockdowns as shoppers bought its food and drinks to consumer at home, but the K...

Online betting and gaming company Evoke (EVOK), formerly known as 888 Holdings, has announced the acquisition of Romanian firm NGS (Net Gaming Solutions), the seventh biggest betting and gaming operator in the country. Evoke will inject its own Romanian business plus €10 million in cash in exchange for a 51% share of the enlarged business which will become the fourth biggest operator with a c...

It was a week of ups and downs for the US market as investors awaited Federal Reserve chair Jerome Powell's address to the Jackson Hole Symposium on 23 August. Overall most indices were trading pretty much flat by close on Thursday and any volatility paled into insignificance compared with the wild swings in markets seen at the beginning of the month. Outside of the S&P 500, high-tech exercise...

European stocks were in the green on Friday morning, as regulator Ofgem reported it will increase the energy price cap in Great Britain, pushing up average household bills by 9.5% from October. 'Just when temperatures begin to plummet and nights draw in, households will be faced with the exact scenario they'd hoped was behind them,' warned AJ Bell's Danni Hewson. Meanwhile, eyes remained on the...