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Market report: Retail reports defy high-street gloom while Indivior swoons on US court ruling

UK stocks are mostly treading water on Wednesday ahead of yet another Brexit Summit in Europe and a meeting of the European Central Bank. The FTSE 100 is unchanged on last night's close at 7,427 points while the FTSE 250 is up a smidge at 19,463 points. Supermarket giant Tesco (TSCO) reports full year sales and margins which are above its own forecasts, under-pinning the stock’s recent ...

Market report: Debenhams rebounds on Sports Direct bid, Ocado ripens on Australian deal

London’s FTSE 100 firms 29.4 points to 7,207 on Tuesday, the blue-chip benchmark bouncing back from two sessions of losses as exporters benefited from a weaker pound following MPs vote to take control of the Brexit process. Bombed-out department store operator Debenhams (DEB) rebounds 42% to 2.2p following ‘a possible offer’ from Mike Ashley’s Sports Direct (SPD) for the remaining ...

Market report: Debenhams surges on Mike Ashley coup, GVC slumps on director share sales

London’s FTSE 100 softens 45 points to 7,112 on Friday as poor economic news from China and Germany casts a dark cloud over global markets. In mainland Europe, indices are flashing red and Asian shares have taken a beating after Chinese exports saw their biggest fall in three years in February amid the trade war with the US. And German industrial orders fell by their biggest amount in seven ...

Market report: Plus500 plunges on profit warning, Debenhams rebounds on funding lifeline relief

The FTSE 100 advances 26 points to 7,155 on Tuesday, extending yesterday’s gains with miners, tobacco stocks, banks and healthcare firms helping to drive up the blue-chip benchmark early on. Online trading platform Plus500 (PLUS) plummets 35.2% lower to £10.06 on a warning 2019 profit is likely to be ‘materially lower than current market expectations’ due to the revenue impact of tighter ...
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