London stocks finished higher with investors seemingly brushing off the as yet inconclusive US election results, although a ‘clean sweep’ of the White House and Congress by Democrats was now off the table. The FTSE 100 rose 1.67% to 5,883.26 and by the end of the session, cyclical areas of …
Read More »Europe close: Stocks take knife-edge US election results in their stride
European shares recovered from early morning drop to trade sharply higher, despite no clear outcome in the US presidential election as of yet and weak industry data across the euro zone suggesting a double dip recession. With the result of the White House vote still hanging in the balance and …
Read More »British bluechips hit by weak oil; Royal Mail offsets mid-cap losses
By Shashank Nayar, Ambar Warrick (Reuters) – The British blue-chip index ended lower on Tuesday as weak oil prices hurt major energy stocks, while losses in the mid-cap index were mitigated by Royal Mail, which rose after it flagged a boost from e-commerce. FILE PHOTO: The London Stock Exchange Group …
Read More »Europe close: Stocks caught in technology downdraft on Wall Street
European shares finished sharply lower amid continued heaving selling in tech stocks and more concerns about Britain’s belligerent stance on Brexit trade talks. The pan-European Stoxx 600 fell 1.15% alongside falls of 1.78% for the Ibex 35 and of 1.81% for the FTSE Mibtel. London’s FTSE 100 was down was …
Read More »European equities sapped by Brexit fears, energy and tech stocks slide
(Reuters) – European shares fell on Tuesday on fears that Britain was in danger of leaving the European Union without a trade agreement, with energy firms and technology stocks among the biggest decliners. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, …
Read More »London close: Stocks finish weaker amid US-China concerns
London stocks had turned negative by the close on Tuesday, amid growing tensions between the US and China, offset by a strong performance from housebuilders. The FTSE 100 ended the session down 0.83% at 6,076.62, and the FTSE 250 was 0.84% weaker at 17,623.02. Sterling was trading strongly in the …
Read More »London midday: Stocks pare losses; Royal Mail slides after job cuts announcement
London stocks had pared losses by midday on Thursday but remained just a touch lower amid growing concerns about a rise in new coronavirus infections in the US. The FTSE 100 was down 0.1% at 6,117.61. Joshua Mahony, senior market analyst at IG, said: “Early losses in Europe have been …
Read More »Royal Mail Axes Dividend for This Year
Royal Mail (RMG) has dealt a blow to embattled income investors by suspending its dividend for this financial year as it restructures in the wake of the coronavirus crisis. Announcing the loss of 2,000 management jobs alongside its annual results, the listed postal operator said it will not pay a …
Read More »Royal Mail (LON:RMG) Reaches New 1-Year Low at $141.55
Royal Mail PLC (LON:RMG) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 141.55 ($1.86) and last traded at GBX 151.55 ($1.99), with a volume of 401625 shares. The stock had previously closed at GBX 150.45 ($1.98). RMG has been the …
Read More »Royal Mail (LON:RMG) Sets New 12-Month Low at $166.30
Royal Mail PLC (LON:RMG)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 166.30 ($2.19) and last traded at GBX 167.50 ($2.20), with a volume of 4178281 shares changing hands. The stock had previously closed at GBX 172 ($2.26). …
Read More »