The FTSE 100 staged a dramatic recovery on Tuesday, climbing by 115.4 points, or 1.7 percent, erasing the 1.5 percent loss that occurred on Monday because of tensions between Russia and the Ukraine. ... Read More
St James’s Place is set to enter the FTSE 100 following the quarterly review of the index this week. A spokesperson for the London Stock Exchange told analysts that St Jame’s has comfortably made the requirements for entering the UK’s leading index. ... Read More
The FTSE 100 crept up by 13.1 points on Thursday, climbing to 6,788.5 points after a session which saw European markets gradually settle down after a week of uncertainty surrounding the Ukraine – Russia tensions. ... Read More
The FTSE 100 closed at a three-week low point on Friday, after a corporate bond default in China weighed heavily on mining stocks. China is the biggest basic materials consumer in the world, and any signs of instability in the country typically have a major impact on miners. ... Read More
Monday saw the FTSE 100 slip to its lowest level in three weeks, dragged down by weakness in the mining sector and a significant fall in Vodafone’s share price. By the end of Monday’s trading session, the UK’s leading index had lost 0.4 percent, closing at 6,689.45. This is the lowest cosing level since February 14th, when the index sat at 6,663.62.The FTSE 100 has fallen below its 50 day simple moving average, a level which is often used to provide technical warning of further near-term weakness. ... Read More
Insurance firm Prudential saw its share price increase significantly on Wednesday after the company reported a massive profits increase. The insurance giant reported a 17% increase in operating profits, which it attributed to strong market growth in the United States and a rapidly expanding middle class audience in emerging markets. ... Read More
The FTSE 100 dropped to a five week low on Thursday, but Centrica successfully bucked the trend, adding 6.9p to its share price after an upbeat note from HSBC analysts. The note said that political risks for the British Gas owner were decreasing, and that the company’s plans to focus on investing in the US, rather than the UK, would benefit them. ... Read More
The news that Morrisons had seen a 2.8 percent drop in like-for-like sales prompted investors to sell off shares in the company and other major UK supermarket chains last week. Investors became concerned that discount chains would continue to put a huge dent in the profits of the Big Four UK players. ... Read More
The FTSE 100 bounced back from its longest losing streak in two and a half years this Monday after the building sector was boosted by news of a government plan to inject more cash into a homebuilder’s scheme, in a bid to help first-time buyers in areas near London. ... Read More
The FTSE 100 climbed slightly on Tuesday, in spite of continuing fears over the situation in the Ukraine. Investors shook off early fears about the likely content of a speech by the Russian president, Vladimir Putin, after the speech turned out to be generally conillatory in tone. ... Read More
The FTSE 100 slipped by 25.5 points following the Budget on Wednesday. The UK’s leading index was dragged down by insurance companies, who saw their share prices plummet after the news of a massive overhaul for pensions. ... Read More
The FTSE 100 climbed slightly after Resolution, one of the insurance companies hit hard by the annuities changes announced in the budget, saw its share price recover following a broker upgrade. ... Read More
The FTSE 100 recovered from a three week long losing streak, in spite of growing tensions between Russia and the Ukraine, as well as uncertainty about the economic situation in China and worries over the US Federal Reserve's plans for interest rate changes. ... Read More
Bookmakers continued their share price slide, following George Osborne’s hard-hitting budget last week. Osborne raised the tax rate on fixed odds betting machines to 25%, from just 20% in the budget report, and this, followed by reports that the Premier League football fixtures for last week were bad news for betting companies, dragged shares down even further. ... Read More
Official figures released earlier this week indicate that while the number of women in FTSE 100 boardrooms is increasing, progress is slow, and the target of 25% female representation, set by Lord Davies of Abersoch three years ago, may not be met by the 2015 deadline. ... Read More
Babcock international was one of the biggest losers in the markets last week after the company announced a hefty acquisition, and made a call for cash to pay for it. Babcock will be paying £920 million, and taking on a further £705 million in debt to acquire Avincis, the helicopter services group. ... Read More
The FTSE 100 is heading into the end of Q1 in positive territory, albeit up only by five points. The first quarter of 2014 was rocky for the UK’s leading index, but a late March rally boosted the index, bringing it back from a serious slide. ... Read More
The FTSE 100 has climbed to a three week high after positive manufacturing data from around the globe bolstered investor confidence. ... Read More
The FTSE 100 gained 0.3 percent on Wednesday, thanks to a strong performance by miners, whose share price was helped by strong US Data. Meanwhile, shares in Resolution and Pearson slipped after they went ex-divident. ... Read More
Last year was a year of changes for many FTSE 100 companies. Almost twenty percent of FTSE 100 listed companies appointed new CEOs in 2013 - the greatest rate of change in leadership in the index for a decade, and double the number of appointments made in 2012. ... Read More
The FTSE 100 climbed to a three week high on Friday, bolstered by gains in the banking and minning sectors and a general upturn in the global economy. ... Read More
The FTSE 100 slipped from a three week high on Monday as housebuilders were hit by a bearish report. The losses were compounded by a sell-off in the tech and biotech industry, and traders spoke about concerns over FTSE valuations. ... Read More
The FTSE 100 posted a recovery on Wednesday, aided by a rally from housebuilders. The UK's leading index had slipped by 1.6 percent since the start of the week, but technical data suggested that a bounce was in order, and analysts highlighted opportunities to buy shares that had been underperforming. ... Read More
The FTSE 100 continued its rally, gaining 36.22 points on Thursday, however not all companies enjoyed the benefits of the revival; shares in Royal Mail slipped by 5.5p, bringing the company’s price down to its lowest level since the 22nd October 2013, after Ofcom had announced that it planned to investigate a complaint from rival operator TNT Post. ... Read More
The FTSE 100 fell significantly on Friday, as UK investors awoke to news of a tech sell-off on the Nasdaq, and responded with concern about the sector themselves. The world markets were already in an uncertain mood, and weak figures from JP Morgan Chase pulled down banking stocks, compounding an already unstable market. ... Read More