Shares in private equity investment trust Chrysalis Investments (CHRY) continued to fall following reports in the Wall Street Journal that investee company Klarna is attempting to raise approximately $650 million from existing investors at a significant discount to previous funding rounds. Buy now, pay later provider Klarna is the second largest position in Chrysalis’ portfolio and accounts ...

With a boost from mining and energy stocks, London’s FTSE 100 finished Friday’s trading session 0.37% to the good at 7,234.03 points, pulling back from an intra-day pandemic-era peak despite a strong open on Wall Street. In the face of a barrage of media coverage surrounding price hikes and supply logjams, the more domestically focused FTSE 250 index still managed to end the week on a ...

London’s FTSE 100 index hit a new high for the year of 7,242 points in early trading on Friday, leaving the UK market at a higher level than at any of its closing prices year to date. Just before noon, those gains had eased back a bit, but the blue chip benchmark still traded 0.3% ahead at 7,228.84. The strong finish to the week followed a positive overnight performance in the US, and in ...

UK stocks started Friday’s session on a positive note with the FTSE 100 index trading up as much as 35 points or 0.5% to a new high for the year of 7,242 points. 'Anyone with an interest in charts should note the FTSE 100 has seen a breakout and is now trading at a higher level than at any of its closing prices year to date', observed AJ Bell investment director Russ Mould. The strong ...

How does a 5% return on your money sound right now? With UK interest rates showing little sign of increasing from rock bottom levels despite mounting inflation, a 5% rate is certainly appealing. If you are using your investments to pay the bills or to fund your living expenses in retirement the income you receive is vital. The great news is that the dividends from stocks and shares can offer ...

UK stocks continued to slide on Tuesday following some mixed company updates and modest profit-taking after the big gains of last week, with weakness also reflecting the pound’s continued rise on UK recovery hopes and share price declines for London’s two tobacco firms. By midday, the FTSE 100 was down 1.1% at 6,923.5 points while the FTSE 250 was off 0.7% at 22,339. TOBACCO STOCKS ...

The FTSE 100 dipped back below 7,000 in early trading on Tuesday following some mixed company updates and modest profit taking after the big gains of last week. The UK’s benchmark index fell 0.2% to 6,986.18, taking its cue from Wall Street where stocks also fell overnight, with the tech-heavy Nasdaq dropping 1% and even the Dow Jones falling 0.3% as banks, energy firms and consumer-facing ...

UK stocks dropped sharply on Friday as the sell-off in bonds continued to rattle investors, not only wiping out the previous week's gains but wiping out the entire month's gains. Overnight the S&P 500 and Nasdaq indices fell by 2.5% and 3.5% respectively, triggering the sharpest sell-off in Asian markets for nine months with Japan’s Nikkei 225 dropping 4% and China’s SE Composite ...

UK stocks dropped sharply on Friday as the sell-off in bonds continued to rattle global equity markets. Overnight the S&P 500 and Nasdaq indices fell by 2.5% and 3.5% respectively. That triggered the sharpest sell-off in Asian markets for nine months with Japan’s Nikkei 225 dropping 4% and China’s SE Composite falling 2%. The sell-off spilled-over into commodities with Brent Crude ...

UK stocks dropped on Friday as the sell-off in bonds continued to rattle global equity markets. Asian markets fell by the most in nine months with Japan’s Nikkei 225 dropping 4% and China’s SE Composite falling 2%. The sell-off spilled-over into commodities with Brent Crude down 1% to $65 a barrel. Gold fell 0.2% to $1,766 an ounce. At 9am the FTSE 100 of leading shares was down 0.4% at ...

This week sees the release of the latest edition of Bestinvest’s “Spot The Dog” guide to the best and worst-performing funds available to retail investors. One of the most striking features of the report is the huge divergence in performance between the best and worst funds as a result of the impact of the Covid crisis on different investment strategies. Over the three-year period ...

London’s FTSE 100 finished in positive territory on Friday, even as Brexit talks revealed few signs of a breakthrough and new lockdowns to combat climbing coronavirus cases weighed on sentiment. Prime Minister Boris Johnson caused jitters by stating that talks with the EU are ‘over’ and it is time for Britain to ‘get ready’ for no-deal, though markets were boosted by Pfizer’s plans ...

London’s FTSE 100 rebounded strongly on Friday as a bit of optimism over Brexit returned, with the EU stating it is willing to continue negotiations, although new lockdowns to combat climbing coronavirus cases kept a lid on gains. At 11.40 am, the blue chip benchmark was up 1.28% at 5,907.01. SERCO SOARS ON UPGRADED GUIDANCE The biggest riser was services group Serco (SRP), soaring ...

The FTSE 100 rebounded strongly after yesterday’s major losses as a big fall in the pound helped exporters. As coronavirus cases continue to climb investors rushed to the relative safe haven of the US dollar, helping companies which report in dollars, while the pound also took a hit following reports suggesting Prime Minister Boris Johnson could walk away from talks with the EU over a ...

It’s been a busy week for directors buying and selling company shares, with some bosses capitalising on rising share prices to sell and other taking a leap of faith and upping their stakes. Three of the most notable deals this week involve CEOs and directors topping up their holdings. FINTECH BOSS BUYS £11M OF SHARES The biggest transaction involves fintech business Supply@Me Capital ...

After a successful 2019, specialist asset manager Liontrust (LIO) chalked up another strong quarter in the first three months of 2020 with total assets under management (AUM) increasing 27% on the previous year to £16.1bn. Net inflows for the quarter were just shy of £500m while for the year to 31 March they were almost £2.7bn, a 52% increase on the same period a year earlier. The inflows ...

The FTSE 100 got off to a slow start on Wednesday after a warning from the International Monetary Fund (IMF) that the global economy could suffer its worst fall since the 1930s. In its half-yearly forecasts, the IMF said gross domestic product (GDP) is expected to fall globally by 4.2% in 2020, by 6.5% in advanced countries, and by 7% in the UK. The UK’s benchmark index fell 0.63% to ...

The coronavirus outbreak is impacting all corners of the stock market but several company bosses are using share price weakness to top up holdings in their companies. The biggest deals involved both the chief executive and chief financial officer of FTSE 100 giant Reckitt Benckiser (RB.), maker of health, hygiene and home products, such as Dettol. New boss Laxman Narasimhan, who joined ...

Shares in Jupiter Fund Management (JUP) climbed 7.2% to 425p after it announced that it had reached a deal to buy smaller rival Merian Global Investors for £390m in shares and cash. The acquisition brings Jupiter another £22.4bn of actively-managed assets taking its total assets under administration to more than £65bn. Jupiter’s management said the deal ‘reinforces Jupiter's core UK ...

UK stocks advanced on Monday after Asian markets headed towards three-week highs on optimism that China's efforts to offset the economic impact of the coronavirus outbreak would have a positive effect. The FTSE 100 index gained 0.4% to 7,437 in early trade led by Mining stocks such as Antofagasta (ANTO), BHP (BHP), Rio Tinto (RIO) and other China-exposed stocks. US stock and bond markets are ...