Tag Archives: FTSE

E conomic optimism swept London’s FTSE 250 index to a record high today as traders placed their bets on a faster-than-expected recovery for pandemic-hit stocks. The domestic-focused FTSE 250 — home to companies including Royal Mail, easyJet and ITV — surged as high as 22,177.49 as the benchmark exceeded the …

“Post-Brexit border disruption”, and rising demand as Covid-19 restrictions are eased, will both push up prices, he explains, along with a looming energy … Source link

London’s FTSE 250 was down 0.8% at 20,288.50 in afternoon trade on Wednesday. Online electricals retailer AO World was the biggest loser, closely followed by Ferrexpo. On the upside, convenience food maker Greencore was the standout performer as Jefferies lifted its stance on the shares to ‘buy’ from hold’ and …

London’s FTSE 100 was up 0.3% at 6,590.75 in afternoon trade on Tuesday. Aveva was the top gainer after an upgrade to ‘buy’ from ‘neutral’ at UBS. Next was also sharply higher after the retailer reported a smaller-than-expected drop in sales over Christmas and said online sales made up for …

London’s FTSE 250 was up 0.5% at 20,633.81 in afternoon trade on Tuesday. Softcat surged to the top of the index after saying that trading has remained positive since its first-quarter statement in mid-November and the company is ahead of where it expected to be. In an update ahead of …

FTSE closes down 0.7% or 47 points at 6,556 after approval for Oxford’s Covid vaccine and vote passing post-Brexit deal were overshadowed by three quarters of UK being plunged into Tier 4 lockdown FTSE 100 index of biggest UK firms down by 0.71% or 47 points at 6,556 today Fall comes …

Mike Ashley’s Frasers Group was in the red, having rallied a day earlier after lifting its full-year profit guidance and reporting higher half-year profits, driven by strong sales online and at stores as they reopened after the Covid-19 lockdown. Vistry was under the cosh, along with the rest of the …

London’s FTSE 250 was down 1% at 19,501.42 in afternoon trade on Thursday. Investec lost ground even though the financial services company reinstated its dividend and forecast an improved second half after better-than-expected interim results. Cineworld shares slumped following a report the cinema chain is considering a company voluntary arrangement …

Oil and gas exploration company Energean was the top gainer on the index after securing two new gas sale agreements for its flagship Karish project off Israel. Berenberg said: “This is a clear positive for Energean, which delivers on expectations firmly set at the interim results last week. It is …

Shares of security services firm G4S surged after privately-owned Canadian rival GardaWorld announced a hostile 190p per share possible offer valuing the company at £2.96bn. The offer price is 30% premium to Friday’s closing share price and an 86% premium to the price prior to its first approach in June. …