UK stocks closed lower on Monday as investors took new localised Covid-19 restrictions outlined by prime minister Boris Johnson in their stride The FTSE 100 index ended 15 points lower at 6,001 with gains in financial companies offsetting weakness in energy and consumer stocks. As expected, Johnson announced a three-tier grading system - medium, high and very high - for restrictions that ...

UK stocks traded almost unchanged on Monday as investors braced themselves for the introduction of new local Covid-19 meaures to be outlined later in the day by prime minister Boris Johnson. The FTSE 100 index added 5 points to 6,022 with gains in financial companies offsetting weakness in energy and consumer stocks. Johnson is expected to announce a three-tier grading system for ...

Shares in foreign exchange provider Argentex (AGFX:AIM) dropped 25% to 102p after the company said it expected to report lower first half revenues due to a reduction in customer activity on the back of Covid-19. 'FRUSTRATING' FIRST HALF Turnover for the six months to September is seen falling 14.7% to £11.8 million as some clients deferred their trading activity, although the firm ...

London’s FTSE 100 opened 0.3% lower on Monday as investors braced for the introduction of new local Covid-19 restrictions, expected to be outlined later in the day by Prime Minister Boris Johnson. In overseas trading China’s Shanghai Composite gained 2.6% while Japan’s Nikkei 225 lost 0.3%. Brent Crude prices were 1.3% lower at $40 a barrel and Gold prices were 0.25% lower at $1,925 an ...

UK stocks started the week in uncertain mood while gold prices touched an all-time high of $1,991 per ounce as investors weighed continued weakness in the US dollar and a collapse in real US bond yields. The dollar, which has lost 10% of its value against global currencies since the start of the pandemic, has come to reflect growing concern over the unchecked spread of the virus in the US and ...

Shares in foreign exchange (FX) broker Argentex (AGFX:AIM) soared after it reported a 30% jump in revenue to £29m, around 3% higher than analysts’ expectations, in a trading statement for the year to 31 March. The shares rose 17.5% to 117p, in part due to relief the firm didn’t report an increase in bad debts unlike fellow peer foreign exchange broker Alpha FX (AFX:AIM) which warned on ...

Small caps could be a great place to invest in 2020 as there are some attractively-priced gems flying under the radar of many investors. It is important to stress that small caps aren’t for everyone as they can be much higher risk investments compared to larger companies. However, for those comfortable with the risks, history shows us that smaller companies can outperform their larger ...

UK stocks started the week on the back foot as concerns over corporate earnings started to surface ahead of the third-quarter reporting season. The FTSE 100 index of leading stocks gave up 14 points or 0.2% to 7,139 with Aerospace, Banks, Insurers and Metals Producers lagging. Propping up the index were Healthcare stocks and Oil Producers, the latter thanks to a small bounce in Brent crude ...

UK stocks are generally weaker this morning after US stocks drifted lower overnight ahead of the G20 meeting in Japan this week. The FTSE 100 large-cap index gives up 0.4% to 7,390 due to weakness in banks, food retailers, industrial transportation and oil services companies. The FTSE 250 mid-cap index gives up 0.3% to 19,230 meanwhile. The big corporate news is in France where software and ...