Five things you should know about the FTSE 100 February 19, 2015 The FTSE 100 is edging closer to an all-time high, nearing the record of 6,930 points it hit on 30 December 1999. But how much do you know about… When it was born?The index began on 3 January 1984, at a base level of 1,000 points, in response to calls for a constantly updated index. [...]
FTSE stalls on route to record high after Greek talks falter – London Report February 18, 2015 After touching a 15-year peak yesterday morning, the FTSE 100 ended the trading day unchanged. London’s blue-chip index hit 6,921.3 at one point, but then fell back to close at 6,898.08 – just 0.05 points down on the previous day. The index’s record closing high of 6,930.2 was reached in December 1999, while the record [...]
The FTSE 100 closed at its highest level in 15 years last night, and is inching further towards an all-time high February 18, 2015 Britain's benchmark index continued to snap at the heels of an all-time closing high of 6,930 this morning. which was reached on the last day of trading in 1999 when markets were busily inflating over tech stocks. This comes after the FTSE 100 closed at its highest level in 15 years yesterday, or its second best [...]
FTSE up on hope that Bank will keep rates low – London Report February 17, 2015 Britain’s top share index yesterday climbed to a five-month high on expectations that the Bank of England would keep interest rates down, after data showed inflation sank to a record low in January. The annual inflation rate fell to 0.3 per cent last month from 0.5 per cent in December, official data showed, largely reflecting [...]
Stalemate in Brussels hurts FTSE markets – London Report February 16, 2015 THE FTSE 100 index retreated from five-month highs yesterday, with leading companies such as miner Fresnillo and utility Centrica hit by broker downgrades. Investors adopted a cautious approach as debt-laden Greece and European Union paymaster Germany drew firm battle lines yesterday in talks on the future of Greece’s unpopular international bailout. After the FTSE closed, [...]
Five reasons why the FTSE 100 is pushing towards a record high: Greek debt negotiations, Draghi’s “Bazooka” and a falling pound February 16, 2015 The stock market is edging towards a record high, moving closer to the record of 6930 points it hit on 30 December 1999: or the year the euro was launched, Tracey Emin's "My Bed" went on show at the Tate, everyone fretted about the Millennium Bug and the dotcom bubble was busily inflating. So here's [...]
Ukraine ceasefire boost for Coca Cola bottler helps FTSE – London Report February 12, 2015 COCA-COLA bottler HBC led the UK’s top share index higher yesterday, after news of a general ceasefire from Sunday in Ukraine’s east. The world’s second-largest bottler of Coca-Cola drinks, which counts Russia as its biggest market, surged 6.23 per cent after Ukrainian President Petro Poroshenko announced the ceasefire agreement following peace talks in Minsk with [...]
FTSE Shades of Grey: Why markets should not fear election uncertainty February 12, 2015 Many may well be planning their Valentine’s weekend around the much-anticipated Fifty Shades of Grey film, released today. But the fact we’re now 82 days away from the long-awaited General Election is more likely to get investors slightly hotter under the collar. Of course, in most cases, elections don’t matter very much at all to [...]
Tullow Oil leads FTSE down as it posts $2bn loss February 11, 2015 IRISH oil firm Tullow was the worst performer in the FTSE 100 yesterday, with shares tumbling by 7.17 per cent after the company revealed it has suspended its dividend following a “difficult” 2014. The firm swung to a $2bn (£1.3bn) loss, its first in 15 years, from a profit of $313m in 2013, due in [...]
Energy, oil and Sky’s football bill hurt FTSE – London Report February 11, 2015 THE UK and Gas index fell 0.6 per cent after crude dropped 2.3 per cent on expectations of persistent oversupply, a stronger dollar and a report showing US crude stockpiles at a record high yesterday. Meanwhile the main index was dragged lower by energy company movements as well as the fallout from Sky bidding for [...]