London’s FTSE 100 bumped higher by investors pouring into UK banks September 15, 2022 London’s FTSE 100 bounced higher today driven by inventors pouring into banks on expectations of more interest rate rises from the Bank of England. The capital’s premier index rose 0.07 per cent to 7,282.07 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, climbed 0.2 [...]
HSBC shares sink to bottom of FTSE 100 despite profits topping City forecasts October 25, 2022 HSBC’s profits slid over 40 per cent in the third quarter of the year as it was hit by rising loan losses and hefty charges relating to the sale of its French retail business.
Financials boost FTSE 100 as City leans into quiet summer period August 8, 2022 A rally among financial stocks boosted London markets today as the City leant into the quieter summer period. The capital’s premier FTSE 100 index climbed 0.57 per cent to 7,482.37 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, jumped 0.33 per cent to 20,118.44 [...]
Cheers to that! Diageo chief quits after decade at the top, as firm appoints FTSE 100’s tenth woman CEO March 28, 2023 Spirit maker Diageo has announced its chief executive Sir Ivan Menezes is to retire following ten years leading the firm. The London-listed drinks giant will step aside from the firm’s board in June of this year and be replaced by Debra Crew, who is currently its chief operating officer. Meneze joined the firm from the [...]
FTSE 100 close: BP propels London index higher after posting record £23bn profit February 7, 2023 London’s FTSE 100 was boosted by investors piling into oil giant BP , which announced its highest ever full year profits of £23bn last year. The capital’s premier index jumped 0.36 per cent to close at 7,864.72 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK [...]
European stocks post biggest fall since 2018 while FTSE 100 ends year in green December 30, 2022 European stocks have notched their worst annual performance in four years driven by investors sweating over soaring inflation, rising interest rates and the prospect of a tough recession in the bloc. The pan-European Stoxx 600, an aggregate of Europe’s top indexes, finished 2022 down nearly 13 per cent, its biggest annual decline since a drop [...]
London’s FTSE 100 hit by slumping energy prices and downturn jitters September 7, 2022 London’s FTSE 100 today was ensnared by investors fretting over a slowdown in the world economy and falling energy prices. The capital’s premier index dropped 0.86 per cent to 7,237.83 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, edged 0.05 per cent lower to [...]
London’s FTSE 100 kicks higher ahead of Truss energy package September 8, 2022 London’s FTSE 100 kicked higher today after new prime minister Liz Truss launched an around £130bn cost of living support package. The capital’s premier index climbed 0.33 per cent to 7,262.06 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, added 0.36 per cent to [...]
Flying Rolls Royce boosts London’s FTSE 100 June 28, 2022 A positive analyst note sent aerospace engineer Rolls Royce flying in the City today, bumping London’s FTSE 100. The capital’s premier index climbed 0.9 per cent to 7,323.41 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, edged 0.17 per cent higher to 19,351.27 points. [...]
London’s FTSE 100 bags gains as rate sensitive stocks kick higher October 13, 2022 London’s FTSE 100 notched gains yesterday driven by stocks exposed to interest rates receiving a boost from reports the government will roll back some of the mini-budget. The capital’s premier index jumped 0.35 per cent to 6,850.27 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK [...]