FTSE hits 31-month high on first close of 2011 January 4, 2011 LONDON saw a storming start to 2011 as the FTSE moved above the 6,000 level in the year’s first trading session to close at a 31-month high. The FTSE 100 moved up 1.9 per cent or 113.93 points to close at 6,013.87, its highest level since June 2008, buoyed by rises on US and European [...]
DON’T BANK ON HOLIDAY GROWTH April 17, 2011 ENTREPRENEUR AND INVESTOR AT THE end of April, as you are more than likely aware by now, there will be just three working days out of a run of 11. Employees may be rejoicing at the thought of this break from the office, but I have mixed feelings about this enforced holiday period. The challenge [...]
ANALYST VIEWS: HOW SERIOUS IS CARPETRIGHT’S FALL? October 27, 2010 KEITH BOWMAN | HARGREAVES LANSDOWN Despite clear exposure to an eventual recovery, fears for a ‘double dip’ in the housing market continue to dominate, with the current market consensus opinion denoting an out and out ‘sell’. MATTHEW MCEACHRAN | SINGER CAPITAL MARKETS Typically October is a key month for the group as consumers look to [...]
Don’t plan on making any knee-jerk moves in January December 15, 2010 A RECENT survey by Morgan McKinley found that the number of City job vacancies was up year-on-year for the 12th consecutive month, 9 per cent in November. Traditionally, the first quarter sees a flurry of hiring, following the clear-outs that accompany the bonus season. So will we see this in 2011? With all the kerfuffle [...]
Don’t plan on making any knee-jerk moves in January December 15, 2010 A RECENT survey by Morgan McKinley found that the number of City job vacancies was up year-on-year for the 12th consecutive month, 9 per cent in November. Traditionally, the first quarter sees a flurry of hiring, following the clear-outs that accompany the bonus season. So will we see this in 2011? With all the kerfuffle [...]
SPREAD BET GURU November 28, 2010 MARKET STRATEGIST josh@cityindex.com Q.Dear Josh, is the Christmas rally a myth? A.Historically at least, a Christmas rally is by no means a myth. The last 10 years have seen the FTSE 100 rally nine times in the month of December, with an average rally of 3 per cent. The only year where the index actually [...]
SPREAD BET GURU November 28, 2010 MARKET STRATEGIST josh@cityindex.com Q.Dear Josh, is the Christmas rally a myth? A.Historically at least, a Christmas rally is by no means a myth. The last 10 years have seen the FTSE 100 rally nine times in the month of December, with an average rally of 3 per cent. The only year where the index actually [...]
Pimm’s and trifle give Royal Wedding boost to Waitrose May 2, 2011 THE extra Royal Wedding bank holiday pushed Waitrose sales up 23.1 per cent compared to last year’s Easter break, the supermarket said yesterday. Total branch sales for the week to Saturday 30 April jumped as revellers stocked up for barbecues and street parties. Popular items included trifle, with sponge sales rising 370 per cent on [...]
Pimm’s and trifle give Royal Wedding boost to Waitrose May 2, 2011 THE extra Royal Wedding bank holiday pushed Waitrose sales up 23.1 per cent compared to last year’s Easter break, the supermarket said yesterday. Total branch sales for the week to Saturday 30 April jumped as revellers stocked up for barbecues and street parties. Popular items included trifle, with sponge sales rising 370 per cent on [...]
HMV pins its hopes on DVD Xmas sales October 26, 2010 MUSIC, games and books retailer HMV says releases of films such as Sex and the City 2 and Toy Story 3 will help its key Christmas period as it tries to bounce back from a disappointing start to the year. “All I can say about Christmas is that the release schedule in particular is looking [...]