Tag Archives: FTSE

London’s FTSE 100 was up 0.6% at 7,570.51 in afternoon trade on Thursday. Ocado surged to the top of the index, having tumbled a day earlier after Ocado Retail – its 50:50 joint venture with Marks & Spencer – cut its annual sales target. Intermediate Capital was a high riser …

UK’s FTSE 100 fell on Tuesday, tracking a sour global mood with energy stocks leading declines and shares of British utilities slumped after a media report fuelled speculation of a windfall tax. The benchmark FTSE 100 fell 0.4% with oil majors Shell and BP among top drags, while the …

UK’s FTSE 100 slipped on Tuesday as the global mood soured due to bleak results from social media firm Snap Inc, while shares in Royal Mail slid after a brokerage downgraded the postal company. The blue-chip FTSE 100 fell 0.9% by 0712 GMT, while the midcap FTSE 250 index also …

London’s FTSE 100 was up 0.6% at 7,507.12 in afternoon trade on Tuesday. Imperial Brands was the top performer on the index as it reported lower operating profit after accounting for its exit from Russia in response to the invasion of Ukraine, but said it was on track to meet …

London stocks fell in early trade on Wednesday as investors mulled hawkish Fed comments and eyed the latest reading on the UK construction sector. At 0905 BST, the FTSE 100 was down 0.3% at 7,594.74. Overnight, Federal Reserve governor Lael Brainard said the US central bank could start reducing its …

Home construction stocks were pacing gains on the stock market at the end of the week, benefitting from the tail-wind of the Bank of England’s policy meeting the day before, which saw rate-setters temper their outlook for interest rates. Berkeley Group Holdings, Barratt Developments and Taylor Wimpey were all near …

London stocks had maintained gains by midday on Tuesday, having taken their opening cue from a positive close on Wall Street, with Royal Mail pacing the advance after a well-received update. The FTSE 100 was up 0.8% at 7,357.44, having slumped 2.6% on Monday amid growing tensions between Russia and …

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. UK government borrowing fell in December thanks to a rise in tax receipts, despite a jump in the cost of repaying the national debt. Public sector net borrowing, excluding state banks, …

London’s FTSE 100 was down 0.4% at 7,138.52 in afternoon trade on Thursday. Cybersecurity firm Darktrace tumbled as it emerged it will be relegated to the FTSE 250 in the next quarterly reshuffle. Royal Mail was under the cosh as it traded without entitlement to the dividend. Asset manager Abrdn …

London’s FTSE 100 was down 0.4% at 7,079.43 in afternoon trade on Tuesday. Supermarket chain Sainsbury’s was the worst performer on the index. Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said it could be down to nervousness about trips to bricks and mortar supermarkets amid worries about …