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FTSE ends week below 7,000 level as poor retail sales and US market weakness weigh on sentiment

The FTSE 100 index ended Friday's session in negative territory falling 0.91% to 6963.64 below the psychologically critical 7,000 level. The FTSE 250 index fared marginally better, remaining in positive territory up 0.1% at 23,658.14.Two main factors contributed to this decidedly mixed performance. First, the UK market was uninspired by the latest UK retail sales volumes for August which showed a

FTSE 100 slips into negative territory following disappointing retail sales figures

The FTSE 100 index dipped into negative territory during midday trading on Friday, softening by 0.2% to 7,0111.79. In contrast the FTSE 250 Index fared better trading 0.4% higher at 23,735.41.The UK market was uninspired by the latest UK retail sales volumes for August which showed a 0.9% decline from July. This compared with a consensus forecast of a 0.5% rise.According to the ONS report 6.5% of

FTSE posts steep decline on Monday but still records best monthly gain in three-decades

UK stocks plunged into the close on Monday, but the FTSE 100 still recorded its biggest monthly gain in over three decades as investors bet on a working Covid-19 vaccine to speed up an economic recovery next year.While there was limited company news to propel the markets, investors continued to weigh optimism about potential Covid-19 vaccines against fears of a more severe economic fallout from th
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