Tag Archives: FTSE

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 …

London’s FTSE 100 was up 0.5% at 7,257.43 in afternoon trade on Monday. Vodafone and BT Group rallied after private equity firm KKR made a $12bn takeover approach to Telecom Italia. Neil Wilson, chief market analyst at Markets.com, said: “There has been a lot of speculation about a possible takeover …

Cineworld, which owns almost 10,000 screens across ten nations, represents one of UK investors’ few options to invest in the cinema business and has often held a role as a bellwether for the industry. Over the past 18 months, its turbulent performance has reflected investor perceptions of the movie trade’s …

European stocks rose on Wednesday after one of the worst market routs this year as AstraZeneca lifted healthcare stocks on a deal to buy a rare disease drugmaker, while chip equipment producer ASM gained on an upbeat earnings forecast. British drugmaker AstraZeneca jumped 4.2% after saying it will take …

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 …