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UK stocks close lower on US weakness

UK stocks closed lower on Friday after a weak opening in the US caused by a fall in banking shares following mixed fourth quarter earnings reports, while weaker than expected US retail sales also dampened market sentiment.JP Morgan...

14 January 2022
Markets directionless at midday Friday

UK stocks were directionless at midday Friday despite official figures which showed the UK economy growing 0.9% in November compared with October, well ahead of the consensus forecast of a 0.4% increase and taking it back above its...

14 January 2022
FTSE holds its ground after strong growth figures

UK stocks resisted the general downdraft in markets after official figures showed the economy grew 0.9% in November compared with October, well ahead of the consensus forecast of a 0.4% increase and taking it back above its...

14 January 2022
Where is the sizzle in Allergy Therapeutics?

THIS IS AN ADVERTISING PROMOTIONA classic American business investment question that is often asked is where is the sizzle? It is a great question to ask - what really adds value to this? In the case of Allergy Therapeutics...

09 December 2021
FTSE edges higher despite Thanksgiving doldrums

Stocks across Europe generally lacked direction in the absence of American equity market participation due to the Thanksgiving holiday, but strong UK retail sales data lent support to the equity market.The CBI (Confederation of...

25 November 2021
FTSE 100 makes modest gains after strong retail sales

Both the FTSE 100 and FTSE 250 continued to trade in positive territory by midday during a relatively quiet day, with the US markets are closed for the Thanksgiving holiday.The CBI (Confederation of British Industry) monthly retail...

25 November 2021
Vivo Energy surges on $2.3 billion buyout

Shares in Vivo Energy (VVO) surged 20% to 133.6p after the Africa-focused fuel distributor recommended a US$2.3 billion (£1.73 billion) takeover by oil trader Vitol.One of Vivo's founding shareholders with a 36% stake, Vitol had a...

25 November 2021
FTSE 100 inches towards 7,300 on quiet US Thanksgiving despite ex-divis drag

Leading UK shares edged higher on what is expected to be a relatively quiet day, given that US markets are closed for the Thanksgiving holiday, with ex-dividend stocks acting as a brake on larger gains.At 9.00am, the benchmark FTSE...

25 November 2021
Inflation concerns overshadow UK and US equity markets

UK equity markets ended Tuesday's trading session in negative territory, in the wake of mixed corporate results and a pullback in American equity markets.The FTSE 100 index ended 0.35% weaker at 7275.1, and the FTSE 250 index...

09 November 2021
UK stocks struggle for direction ahead of US inflation report

UK equity markets struggled for directions ahead of the release of US producer price index data this afternoon with investors expecting the year-on-year rate for October to dip slightly to 8.6%.Investors will be watching closely...

09 November 2021
AB Foods jumps on Primark bounce promise but banks weigh on FTSE gains

The promise of a quick return to form at fast-fashion chain Primark saw investors pile into owner Associated British Foods (ABF) in early trading on Tuesday, but FTSE 100 gains were capped by weakness in UK banks.Barclays (BARC),...

09 November 2021
New site rollout upgrade fuels gains for Vivo Energy

Shares in Vivo Energy (VVO) rallied 2.9% to 106p on Thursday after the Africa-focused fuel distributor reported encouraging third quarter volume growth supported by improving mobility trends.And with its site rollout continuing at...

21 October 2021
FTSE trades lower ahead of key US earnings reports

UK shares closed lower on Tuesday as nervousness set in ahead of the interest rate decision by the US Federal Reserve tomorrow and key earnings updates after the market close from technology heavyweights Microsoft and...

27 April 2021
UK stocks slip into negative territory at midday

UK shares dipped into negative territory at midday Tuesday as investors awaited the two-day policy meeting of the US Federal Reserve where it is expected to reiterate its easy monetary policy.However, there are lingering worries...

27 April 2021
FTSE subdued early on despite strong results from BP, HSBC

UK stocks eked out modest gains in a subdued start to trading on Tuesday as various mining stocks created a headwind and investors digested a mixed batch of earnings releases, including positive updates from BP (BP.) and HSBC...

27 April 2021
Volatile FTSE holds gains after mixed reaction to Budget

The FTSE 100 experienced some fairly wild swings in afternoon trading on Wednesday following the Budget, with a mixed reaction to announcements including the extension of furlough and support for businesses, as well as continued...

03 March 2021

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