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FTSE firms as US goes to the polls, Crest Nicholson surges on upgrade and dividend resumption

London’s FTSE 100 extended yesterday’s gains on Tuesday morning, continuing to recover from last week’s sell-off. Investors braced themselves for the contentious US Presidential Election in which Democrat Joe Biden remains the betting favourite to win. Anticipation is high that he will have a more favourable trade policy with China and the EU, while the market is also counting on more ...

FTSE finishes lower following dire GDP reading, Paypoint plunges on Ofgem probe

Despite Wall Street heading higher on stimulus package hopes on Wednesday afternoon, helping European markets to regain their footing, the FTSE 100 finished 0.53% lower at 5,866.10. Weighing on sentiment was the latest data from the Office for National Statistics (ONS), which revealed UK GDP dropped 19.8% in the second quarter of this year, better than the first estimate of 20.4%. Despite the ...

FTSE edges lower following fiery debate, Boohoo delivers another upgrade, William Hill agrees takeover

UK shares were volatile on Wednesday, moving significantly higher initially before falling back into the red after the release of better than expected, but still bad, second quarter gross domestic product (GDP) figures. Before trading began, the blue-chip FTSE 100 index was expected to fall as investors struggled to digest last night’s messy US presidential debate between Donald Trump and Joe ...

FTSE volatile after US presidential debate and GDP figures, William Hill agrees takeover

UK shares have been volatile in early trading on Wednesday, moving significantly higher initially before falling back into the red after the release of better than expected, but still bad, second quarter gross domestic product (GDP) figures. Before trading began, the blue-chip FTSE 100 index was expected to fall as investors struggled to digest last night’s messy US presidential debate ...

Market report: Sports Direct surges on strong results, Cineworld cheapens on debt-fuelled deal

London’s FTSE 100 added a further 117 points to trade at 7,470.5 on Monday, building on Friday’s impressive rally thanks to some of the bigger constituents taking a small step forward including banks, miners and tobacco stocks. Mike Ashley’s Sports Direct (SPD) sprinted 13.3% higher to 407.8p after the retailer reported a 58% rise in first half underlying pre-tax profit to £101.8m and ...
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