Euromoney Institutional Investor Shares News & Articles

Market report: FTSE 100 plunges to two-year low on US slowdown fears, DS Smith continues slide

UK stocks fall in line with continental Europe and US index futures as worries over the strength of the US economy begin to weigh on sentiment. In early trade the FTSE 100 index gives up almost 2% to 6,792.10, a new two-year low, while the FTSE 250 gives up 1.5% to a low for the year of 17,995 points. Tomorrow sees the release of three closely-watched indicators of the health of the US economy ...

Market report: Tesco misses on profit targets, Aston Martin debuts in London share trading

UK supermarket leader Tesco (TSCO) saw pre-tax profits rise 2% to £564m for the half year to 25 August with sales up 12.8% to £28.3bn. But while chief executive Dave Lewis described the performance as a ‘good start to the year’, investors disagree. Shares in the group plunge around 5% to 224.3p in early trade, heading the FTSE 100 loser board. That’s because of the underlying operating ...
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