European equities nursed heavy losses at the open on Thursday, as investors weighed a mixed bag of earnings and hefty losses in US markets.Still, the FTSE 100 index traded down 60.56 points, or 0.7%, at 8,093.13. The FTSE 250 was down 201.65 points, 1.0%, at 20,749.19, while the AIM All-Share fell 5.35 points, 0.7%, at 771.29.The Cboe UK 100 was down 0.7% at 807.72, the Cboe UK 250 dropped 1.1% to

London's FTSE 100 shook off a stronger pound and a robust UK services inflation reading to register its first rise of the week on Wednesday, as investors also digested the latest King's speech, with new Prime Minister Keir Starmer getting his feet firmly under the table at Number 10.A stronger pound is usually a headwind for the international earner-heavy blue-chip index, though some share price r

Now the ballots have been cast at the general election, the UK could become the 'reassuringly boring' market, both politically and fiscally, when compared to the more extreme politics on the other side of the English Channel and Atlantic Ocean.So suggests Jean Roche, manager of the Schroder UK Mid Cap Fund (SCP), who notes capital allocators know more or less what to expect, which could explain th

Equities in London made a slow start on Thursday, but peers in Europe traded more confidently, with market focus on upcoming US data and political developments either side of the English Channel, and across the Atlantic.In London, a US blow for GSK hurt its shares. Miners also struggled in early dealings. Elsewhere, there was a guidance boost for outsourcer Serco, Watches of Switzerland reported i

Stock prices in London were in the green at Wednesday midday, amid data showing consumer price inflation ebbed to the 2% target in May, ahead of the Bank of England's next interest rate decision due Thursday.The FTSE 100 index was up 4.76 points, or 0.1%, at 8,195.96. The FTSE 250 was up 38.44 points, or 0.2%, at 20,448.68, and the AIM All-Share was up 1.75 points, or 0.2%, at 780.07.The Cboe UK 1

Stocks in Europe were down on Wednesday morning, with the FTSE 100 trading lower despite some UK consumer price inflation respite in May, which puts the Bank of England firmly under the spotlight on the eve of its next decision.Meanwhile, financial markets in New York are closed Wednesday for a public holiday.The FTSE 100 index traded 21.62 points lower, 0.3%, at 8,169.67. The FTSE 250 was down ju

Organic customer growth of 14.1%Full year dividend up 3p to 83pShares up 19% over the past yearShares in Telecom Plus (TEP) were up over 2% to £19.20 in morning trading as the multi-utility supplier reported an adjusted pre-tax profit of £116.9 million, up 21.5% for the full year ending 31 March 2024, slightly above market expectations.The company said it continued to perform strongly against th

European equities started Tuesday in a muted fashion, following unconvincing trade from Asia.The FTSE 100 index opened down 29.22 points, 0.4%, at 8,394.98. The FTSE 250 was down 86.45 points, 0.4%, at 20,786.88. The AIM All-Share fell 2.67 points, 0.3%, at 807.27.The Cboe UK 100 was down 0.4% at 837.69, the Cboe UK 250 was down 0.3%, trading at 18,205.44, and the Cboe Small Companies was largely

Have US equity expectations run ahead of themselves? Certainly, for some companies, the answer seems to be yes. One of the features of second-quarter earnings season has been the number of companies that have met or ever beaten revenue and earnings expectations yet have cost share prices and investors dearly.High-growth companies including ARM (ARM:NASDAQ), Airbnb (ABNB:NASDAQ) and Shopify (SHOP:N

Stocks in London kicked off at a more tepid level on Monday following a week of all-time highs, balanced by success at Diploma and a downturn at BAE Systems, as investors await Wednesday?s US inflation data.The FTSE 100 index opened up 9.34 points, 0.1%, at 8,441.86. The FTSE 250 was up 14.63 points, 0.1%, at 20,660.01, and the AIM All-Share was up 4.37 points, 0.1%, at 4,590.66.The Cboe UK 100 wa

Large-cap London stocks in London opened in the green on Wednesday, despite nervy trade in New York overnight ahead of the Federal Reserve?s interest rate decision later.A host of financial markets in mainland Europe and beyond, including Paris, Frankfurt and Shanghai, are closed for public holidays.The FTSE 100 index rose 24.30 points, 0.3%, at 8,168.43. The FTSE 250 was down 17.21 points, 0.1%,

London?s FTSE 100 edged lower after the opening bell on Wednesday, as investors moved with trepidation as eyes turn to a US inflation reading due later in the week.The FTSE 100 index opened down 13.02 points, 0.2%, at 7,917.94. The FTSE 250 was down 23.35 points, 0.1%, at 19,754.29, and the AIM All-Share was up 0.27 of a point at 739.79.The Cboe UK 100 was down 0.2% at 791.57, the Cboe UK 250 was

Indices in London were largely unmoved at the start of trading ahead of a batch of US data due on Thursday afternoon.Among individual shares making waves, however, Trainline jumped as it expects revenue growth to beat expectations. OSB Group tumbled on poorly-received earnings and a tepid outlook.The FTSE 100 index rose just 2.97 points to 7,775.14. The FTSE 250 climbed only 4.07 points to 19,567.

Stock markets have been making new all-time highs in the US, Europe and Japan and investors are asking whether they are witnessing a new global bull market for stocks which began in November 2023.Momentum is a powerful factor in stock markets. Prices tend to trend in the same direction which mean buying winners and selling losers can be a profitable strategy.It is not only about price but also ear

Gold markets were where the impetus was on Tuesday, after an underwhelming equity trading day in Europe, as investors look ahead to what Wednesday?s UK budget has in store.Among individual shares, gold miners were some of the shining stars in London on Tuesday, while Ashtead tumbled on an underwhelming third-quarter. FTSE 250-listed Spirent Communications jumped after backing a £1.01 billion take

European equities pushed higher on Friday, with Standard Chartered the best-performing London blue-chip, though the FTSE 100?s gains were unable to stave off a weekly loss for it.At the end of the eighth Friday of 2024 so far, London?s large-cap benchmark has only mustered two weekly gains, suffering six losses.The market euphoria following Nvidia?s well-received results suggested a weekly gain wa

Stock prices in London traded solidly higher on Friday afternoon, supported by a robust UK retail sales reading, as well as a profit beat from lender NatWest.NatWest shares stuttered off the starting block on Friday morning, but investors warmed to the numbers as the day wore on.The FTSE 100 index jumped 79.17 points, 1.0%, at 7,676.70. The FTSE 250 was up 100.30 points, 0.5%, at 19,199.92, and th

Stocks in London opened in the green on Friday, after receiving a boost from a report that showed UK retail sales grew sizeably in January, a day after it was announced the nation fell into a recession last year.The reading calmed some nerves about the health of the UK economy and supported shares in the retail sector.NatWest sent lenders higher, meanwhile, though the stock itself had somewhat of

London?s FTSE 100 ended higher on Tuesday, registering its first daily gain since hawkish words from Federal Reserve Chair Jerome Powell last week all but ensured there would be no March rate cut from the Federal Reserve.His words echoed around markets on Thursday, and there was a red-hot US jobs report on Friday, the final nail in the coffin for March rate cut hopes. Markets still digested that r

London investors appeared indecisive on Tuesday, as markets reacted to falling UK government borrowing and the sterling closed down against the dollar.The FTSE 100 index closed down 1.98 points, marginally down, at 7,485.73. The FTSE 250 ended down 83.02 points, 0.4%, at 18,992.62, and the AIM All-Share closed up 0.5%, or 3.67 points, at 739.01.The Cboe UK 100 ended down 0.1% at 748.77, the Cboe U