After a strong start opening on the back of gains in Asian markets and bid stories, the FTSE 100 index trod water for most of the day to close 21 points or 0.3% higher at 7,109 points. Gains in consumer and mining stocks were offset by losses for healthcare and utility names. One stock which managed to extend its morning gains was supermarket group Sainsbury (SBRY), which finished up 15% to ...

After a strong start to the week on the back of gains in Asian market, the FTSE 100 index ebbed back on Monday lunchtime to sit 20 points or 0.3% higher at 7,109 points. Gains in consumer and mining stocks were offset by losses for healthcare and utility names. One stock consolidating on its morning gains was supermarket group Sainsbury (SBRY), which gained 15% to 340p having opened up around ...

Major UK stock made a strong start to the new trading week, taking its cue from Asia’s main markets. At 8:50 UK time, the benchmark FTSE 100 was trading higher by 0.3% at 7,108.45. The midcap FTSE 250 was 0.2% higher at 23,798.23. Top riser early on was Sainsbury (SBRY), jumping more than 10% to 325p after weekend reports it is in the cross-hairs of private equity. This as the battle ...

The FTSE 100 struggled for direction on Tuesday as inflation levels continued to accelerate in the US, with the blue chip benchmark ending the session pretty much flat at 7,124.72 points. By 4.30pm UK time the S&P 500 index in the US was up 0.1% at 4,390.52. The CPI print of 0.9% for June was very much stronger than expectations of a 0.5% advance, leaving the Federal Reserve’s repeated ...

London’s FTSE 100 was broadly flat by midday at 7.128.43 points as initial momentum in the UK banking sector, after the Bank of England lifted dividend restrictions on the sector’s heavyweights, began to wane and worries over rising coronavirus infections kept gains in check. By lunchtime, NatWest (NATW) was off 0.4% at 206p, with Barclays (BARC) flat at 172.7p, although HSBC (HSBA) and ...

UK banks gave leading stocks a push higher in early trade on Tuesday afternoon the Bank of England lifted dividend restrictions on the sector’s heavyweights but worries over rising coronavirus infections kept gains in check. At 9am, the benchmark FTSE 100 was around 0.3% at 7,174.34, with NatWest (NATW) topping the leaderboard with gains just shy of 2% to 210.4p. HSBC (HSBA), Lloyds ...

Leading UK stocks put in an afternoon spurt after struggling for momentum through much of Wednesday with the benchmark FTSE 100 closing close to 7,000 as Wall Street opened on the front foot. The FTSE 100 ended Wednesday up 0.7% at 6,959.58, the highest it has closed since before the pandemic struck early last year. The more domestically-focused FTSE 250 closed 0.4% to the good at ...

London’s FTSE 100 was in positive territory early on Wednesday, with optimism around the potential Covid-19 vaccine breakthrough continuing to buoy global markets. The blue chip benchmark improved 0.31% to 6,316.62, while the FTSE 250 rose 0.02% to 19,032. BAE SEES BIDEN BOOST Aerospace and defence contractor BAE Systems (BA.) added 1.4% to trade at 470p after it maintained its full ...

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 ...

The FTSE 100 index jumped 2.3% higher on Tuesday to 6,208 points after the U.S. Federal Reserve's move to expand its purchase of corporate bonds to contain the damage from the COVID-19 pandemic eased liquidity concerns and boosted hopes of a global economic recovery. Meanwhile the Trump administration was said to be preparing a $1 trillion infrastructure proposal to help the economy and boost ...

It’s a fairly slow start for UK stock markets following the bank holiday weekend with attention very much focused on where European elections leave UK investors. The FTSE 100 opens the trading week up 19 point (about 0.2%) up at 7,296.73 while the midcap FTSE 250 makes modest single digit declines to around 19,118 in the wake of gains made across European markets on Monday and positive Asian ...

A well-known fund manager who in his previous job generated nearly four times as much money for investors than the broader market is back with a new fund. Paul Marriage made his name at Cazenove and Schroders, particularly with Schroder UK Dynamic Small Companies Fund (0721936) which returned 435% versus 114% from the benchmark FTSE Small Cap index in the 11 years he ran the fund. Marriage ...

London’s FTSE 100 falls back 69.8 points to 7,660.5 as investors return to their desks after the Bank Holiday, political chaos in Italy weighing on sentiment in early dealings. Electricals-to-telecommunications retailer Dixons Carphone (DC.) crashes 27.2% to 170p as new CEO Alex Baldock issues a nasty profit warning alongside a fourth quarter trading update highlighting 4% like-for-like sales ...

London’s FTSE 100 opens modestly lower on Thursday in contrast to Wall Street, which marked a new high overnight, and progression on Asian markets. Disagreement among rival factions within the Government over Brexit negotiations continues to weigh on investor sentiment. Online takeaway ordering platform Just Eat (JE.) jumps 6.2% higher to 746.5p as the Competition & Markets Authority ...

On balance we believe global stock markets will have a good year in 2017 despite plenty of big political events which could cause bouts of volatility. Economic data is positive in the US, Eurozone and China in particular and corporate earnings are forecast to improve over the coming year. Investment bank Morgan Stanley believes the latter point should drive outperformance from value stocks and ...

Seeking to reassure investors immediately after the Brexit vote, Neil Woodford said it was not his central view that the UK economy falls into recession. Admitting the view may sound controversial, he added there could even be some companies that benefit. ‘Growth in consumer cash flow will be marginally lower, principally because fuel prices will be higher but of course exporters will enjoy ...

Engineer Renold (RNO) has been a long-time laggard on the stock market and now could be its moment in the sun. While we accept that calling the end of a 51-year bear market in a stock is a fairly punchy call, there are a factors which indicate this time really is different at this plucky British exporter. Reasonable quality assets, high quality management as well ...

Order patterns at international distributor and manufacturer Acal (ACL) indicate a pick-up in business activity at the back end of 2016, says chief executive Nick Jefferies Acal's Jefferies, speaking today at full year results, echoed views of management at manufacturer Renold (RNO) yesterday, who pointed to signs of stabilisation in industrial demand which may lead to improved sales and ...