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 ...

London’s FTSE 100 rose 0.41% to 6,973.11 in early trading on Wednesday as optimism over the economic recovery grows while investors await the latest interest rate decision from the US Federal Reserve. The Fed is unlikely to make any policy changes this time, though it is expected to acknowledge of the strengthening of the US economy, and it’s been reported that this could be the last Fed ...

Shares in London Stock Exchange Group (LSEG) slid to the bottom of the FTSE 100 heading into the weekend, down a hefty 7.3% to £87.93 and wiping £3.2 billion off its market value, despite what on the surface seemed a resilient set of 2020 results and an increase in the final dividend. SHARES OUTPACE EARNINGS In fairness the earnings report wasn’t as stellar as the shares have been over ...

There are many options for an investor wanting to put their money to work right around the world. Even if you’ve narrowed it down and decided to go for an investment trust instead of an open-ended active fund or a passive exchange-traded fund (ETF), choosing the trust for you can still seem a daunting task, particularly when there are 15 of them in the Association of Investment ...

Summer is over, schools are back and in any other year people would be returning from the beach to the office. Covid-19 has rendered 2020 different for all sorts of reasons and despite a Government push to get people back at their desk, many continue to work from home. This has big near-term and potentially long-term implications for the economy and the markets. It remains difficult to ...

All eyes in the finance world have been on London Stock Exchange (LSEG) after it rejected a blockbuster £32bn takeover bid from the Hong Kong stock exchange operator HKEX. The offer, which London Stock Exchange described as ‘unsolicited’, ‘highly conditional’ and containing ‘fundamental flaws’, has drawn the attention of commentators across the world. Those in the Chinese state ...

Amid all the Brexit drama and the high profile bid action around London Stock Exchange (LSEG) it would be easy to miss some of the other significant recent announcements. Supermarket Morrisons (MRW) impressed the market, managing a near 5% gain above the 200p mark, as it unveiled a big bump in its first half dividend and announced an extension to its wholesale supply partnership with online ...

One year ago and the London Stock Exchange Group (LSEG) must have felt like it was under siege as protesters camped outside its next door neighbour, St. Paul’s Cathedral, and vented their frustration about the iniquities of capitalism. Ultimately I am not quite sure what that demonstration achieved, despite the powerful nature of the issues it raised, and it now seems largely forgotten. But in ...

The economic environment hardly lends itself to wanton punting on names with poor strategies, weak balance sheets and ineffective management and frankly that is not a bad thing. But so difficult are markets and so great the regulatory pressures upon banks that even well-run, fledgling firms packed with potential are finding it hard to get access to vital working capital when they need it ...