220.00p+0.00 (+0.00 %)15 Jan 2021, 15:32
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FTSE flat as investors await Fed update, The Hut struts higher, Redrow reports 66% profit slump

UK stocks tracked sideways in early trading on Wednesday as investors awaited an update from the Federal Reserve about the outlook for the US economy. At 8.39, the FTSE 100 was ever so slightly lower, off 0.15% at 6,096.30 points. E-commerce company The Hut (THG), the Manchester-based owner of the Lookfantastic website, surged 27% higher to 635p, having priced its IPO at 500p, as conditional ...

Market report: Profits collapse warning from ad agency M&C Saatchi as investors hope for calmer Wednesday

Investors will be coming to equity markets on Wednesday hoping for some sort of recovery from the sea of red in yesterday’s huge sell-off in UK stocks. The FTSE 100 benchmark slumped 1.75% to 7,158.76 in trading on Tuesday after President Trump again spooked investors, but the early signs in London are not hugely promising. The UK’s leading index is off another 15 points in early deals to ...

UK small caps at bargain levels, claims Invesco Perpetual UK Smaller Companies' experts

UK small cap companies are dead cheap, claim managers of the popular Invesco Perpetual UK Smaller Companies Investment Trust (IPU). ‘Equity valuations within the smaller companies sector are well below their 20 year average and we believe there is potential to make money even in this highly uncertain environment’, insisted Jonathan Brown and Robin West, joint fund managers of the Invesco ...
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