After a weak session in Asia overnight, UK shares recovered from their morning lows to trade sideways at lunchtime as banks and other financial stocks crept higher, offsetting further falls in house builders and weakness in retailers. Gold was down 0.2% at $1,823 an ounce while Brent crude was 0.2% higher at $84.35 a barrel. Sterling continued its advance against the dollar, up another 0.2% to ...

Shares in online fast fashion retailer ASOS (ASC:AIM) rallied 10.5% to £24.96 as the one-time stock market darling maintained full year guidance and said it will move from AIM to the Main Market by the end of February. Given its market cap north of £2.2 billion, ASOS should qualify for a place in the FTSE 250 index later this year and benefit from index funds buying its stock. RELIEF RALLY ...

The FTSE 100 closed Wednesday’s session with a modest gain, edging 0.16% higher to 7,516.87 points on ongoing optimism over the impact of the less severe Omicron strain and support from a solid ADP private sector payrolls report across the pond, which prepared investors for a decent non-farm payrolls print on Friday. Blue chip miners Rio Tinto (RIO) and BHP (BHP), banks Lloyds (LLOY) and ...

By midday on Wednesday, London’s FTSE 100 had shaken off its earlier losses and resumed the upwards momentum it displayed on its first trading day of 2022, as broker upgrades helped lift some heavyweight stocks and supermarkets gained ground on positive industry data. The blue chip benchmark traded 0.19% higher at 7,519.62 by lunchtime, though the FTSE 250 was flat at 23,895.60. Investors ...

Major UK equity markets lost the positive momentum established in the previous session during early trading on Wednesday morning. Both the blue chip FTSE 100 FTSE 250  dipped into negative territory. At 9am the FTSE 100 was trading down 0.05% at 7501.43, and the FTSE 250 was 0.07% weaker at 23,880.65. Investors will be awaiting the release of US ADP private sector payrolls data later today ...

This trade requires taking a contrarian view. Market sentiment is weak towards the stock, yet the valuation has become attractive for what is fundamentally a decent business. Shares in London Stock Exchange (LSEG) have fallen by a third in value since February on concerns surrounding integration costs associated with the group’s $27 billion acquisition of data provider ...

Accsys Technologies Accsys (AXS:AIM) is a global leader in sustainable wood technology and sells its products into the construction and building materials industries in the UK, Europe, North America and Asia through timber distributors. Its Accoya wood product is both sustainable and high-performing, with a 50-year guarantee, which makes it an ideal replacement for ...

Shares in London Stock Exchange (LSEG) rose 1.2% to £66.06 following the announcement it would acquire trade and risk software firm Quantile for up to £274 million. Quantile provides portfolio, margin and capital optimization services to banks, hedge funds and financial institutions trading derivatives. The transaction is being funded from existing cash resources and is expected to close in ...

Shares in London Stock Exchange Group (LSEG) fell to the bottom of the FTSE leader board, losing 3.5% to £78.24 despite a strong third quarter trading update, as shareholders reflected on the lack of new news on costs and capital spending. In March, investors took fright at the costs associated with the Refinitiv acquisition sending the shares down by 20%. The market was hoping for some ...

London’s FTSE 100 traded 0.39% higher at 7,218.19 points on Friday, the blue chip benchmark shrugging off weaker retail sales data amid easing China concerns following reports that cash-strapped property firm Evergrande will make a key interest payment at the weekend. UK retail sales volumes fell 0.2% in September, bucking expectations for a monthly rise of 0.5%. Overnight across the ...

THIS IS AN ADVERTISING PROMOTION Petro Matad (MATD:AIM), Bacanora Lithium (BCNA:AIM), Anglo Pacific Group (APF), SolGold (SOLG) and Yellow Cake (YCA:AIM). What do these companies have in common? They have all partnered with PrimaryBid to enable retail participation in their fundraisings. Why does this matter? While many companies have wanted to include retail investors when raising ...

Shares in London Stock Exchange Group (LSEG), have fallen 20% since March, on concerns surrounding integration costs associated with the group’s $27 billion acquisition of data provider Refinitiv. However, recent interim results (6 Aug) should allay these fears as they demonstrated a sharp increase in pre-tax profits. Moving forward, these consensus-beating results are likely to act as a ...

The FTSE 100 index finished the day breaking through the 7200 level to close 59 points or 0.8% higher at 7,220 points, taking it above its pre-Covid high. The gains were helped by a softer than expected reading in US core CPI numbers, meaning American inflation may be peaking. The Dow Jones Industrial Average Index responded positively to the CPI data, trading 0.5% higher, whilst the Nasdaq ...

The FTSE 100 Index was struggling for direction in lunchtime trading. At midday. the index was trading 0.5% higher at 7,196.53. The performance of the FTSE 250 Index mirrored this lackadaisical performance recording a midday rise of 0.2% at 23,622.60. Shares in Engineering company Spirax-Sarco (SPX) were trading over 3.5% higher at midday making it the top FTSE 100 index performer. The ...

A positive US jobs report provided markets and banking stocks with a boost, driving the S&P 500 to a record high across the pond. However, London’s FTSE 100 was subdued on Friday, despite gains for NatWest (NWG), Lloyds (LLOY), Barclays (BARC) and HSBC (HSBA). The blue chip benchmark finished the session broadly flat at 7,122.95 points, which was enough to ensure its best weekly ...

Equity markets were muted on Friday after racking up solid gains in the earlier part of the week, with investors awaiting the all-important US monthly non-farm payroll report due out this afternoon. Last night, US markets hit new highs on growing optimism after a fall in weekly unemployment claims and a record high reading on the services PMI as spending shifted from goods to ...

Shares in London Stock Exchange Group (LSEG), were trading 4.5% higher this morning after the group announced interim results showing a sharp increase in pre-tax profits. Moreover today’s results have muted fears surrounding the integration costs associated with the group’s acquisition of data provider Refinitiv. These concerns have held back the group’s share price in recent ...

UK stocks took time out on Friday after racking up solid gains in the earlier part of the week, with investors awaiting the all-important US monthly non-farm payroll report at lunchtime. Overnight, US markets hit new highs on growing optimism after a fall in weekly unemployment claims and a record high reading on the services PMI as spending shifted from goods to services. Investment bank ...

London’s FTSE 100 finished Wednesday’s trading session 0.3% to the good at 6,963.67 points, albeit off intra-day highs, as investors awaited the latest meeting of the US Federal Reserve as well as updates from Apple and Facebook. Across the pond in the US, the benchmark S&P 500 traded slightly higher at 4,190.46 points by 4.30pm UK time. The UK’s blue chip benchmark was buoyed by ...

London’s FTSE 100 traded in positive territory at midday on Wednesday, the blue chip benchmark bid up 0.6% to 6,982.9 points as positive corporate news on both sides of the Atlantic and optimism over the economic recovery in the UK following encouraging results from Lloyds (LLOY) buoyed investor sentiment. Overnight both Google-owner Alphabet and Microsoft reported quarterly earnings ahead of ...