399.40p+6.80 (+1.73%)14 May 2021, 18:00
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FTSE 100 rallies early on as Moderna vaccine roll-out inspires renewed reopening optimism

The UK’s major stocks started strongly on Wednesday as the nation starts its Moderna vaccine rollout, the third approved for Brits, reigniting reopening optimism among investors. With the UK’s lockdown set for another round of easing next Monday, businesses are gearing up for a resumption of trading that saw a flash PMI reading surge last month. Later today investors will get an idea of the ...

Shares in cruise operators start to rise as potential early vaccine beneficiaries

Certain travel stocks with relevance to cruises have enjoyed a new lease of life as investors bet on them being early beneficiaries of the Covid vaccine rollout. Cruises are typically popular among people in retirement and vaccines are now widely being administered to those in their 70s and 80s in the UK. However, reports suggest Saga (SAGA), Carnival (CCL) and TUI (TUI) are among the cruise ...

FTSE falls on second wave fears, Go Outdoors blow for JD Sports, John Menzies jumps

London’s FTSE 100 traded 0.22% lower at 6278.68 early on Monday as a rising number of COVID-19 cases, including in the US and China, stoked fears of a second wave of global infections. Sportswear giant JD Sports Fashion (JD.) cheapened 3.7p to 643.3p after confirming it has filed a notice of intention to appoint administrators to its struggling Go Outdoors division with the courts, although ...

FTSE closes to its biggest loss since financial crisis as recovery rally runs out of steam

London stock markets chalked-up the worst weekly performance since the 2008 financial crisis despite clawing back a fraction of lost territory in Friday trading as earlier strength flagged. The benchmark FTSE 100 index closed 2.5% up at 5,366.11 on Friday, cementing a near 18% weekly loss, the biggest since a 21% drop in October 2008. That slump made it the third week running of heavy declines as ...
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