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Market report: FTSE gains on firm oil price but Associated British Foods and Lloyds drag

UK stocks started the week on a positive note with the FTSE 100 index of leading stocks jumping 0.4% to 7,313. Firmer oil prices and a dip in the pound seem to be the main upside drivers. Shares in oil majors BP (BP.P) and Royal Dutch Shell (RDSB) both added 1.3% to 507p and £22.88 respectively. Crude prices gained on hopes that the new Saudi Arabian energy minister would continue the ...

Market report: Saga gets boost from Goldman tie-up, while Ted Baker takes a tumble on tough market conditions

UK stocks opened higher on Tuesday, led by a rally in mining stocks spurred by China stimulus hopes. The FTSE 100 index is trading up 34 points to 7,410. Shares in over 50's services group Saga (SAGA) lead the FTSE350, shooting up 6.6% to 44p following news that it has joined forces with Goldman Sachs’ unit Marcus, to offer long-term savings products. Saga and Marcus will launch new ...

Market Report: Merlin pressure rises as activist calls for action, Serco jumps on naval acquisition

UK stocks are in sharp reverse in early trade on Thursday as growing tensions between the US and China, and doubts over Theresa May's government leadership because of Brexit continue to gnaw away at investor confidence. The benchmark FTSE 100 slumps more than 80 points, or roughly 1.2%, to 7,247.66, although a swathe of companies going ex-dividend today (when new shareholders lose the right to ...
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