Company floats in 2014 score higher than FTSE 100 average January 14, 2015 IF YOU invested in any the 30 companies that completed public floats last year, chances are you’ll be happy you did. Research out from Deloitte shows the 2014 additions to the share market generated an average return of 12.4 per cent, outperforming the FTSE 100 by 14.4 percentage points. An investment of £1,000 in each [...]
Metal stocks rock the FTSE as oil slide effects continue – London Report January 14, 2015 THE FTSE 100 slumped more than two per cent lower yesterday following a plunge in metal stocks. Global growth concerns prompted jittery investors to exit mining stocks en masse. The mining sub-index dropped 6.2 per cent, the biggest one-day percentage fall in three years, after copper fell as much as eight per cent to its [...]
Supermarket surge after top boss bows out boosts FTSE 100 – London Report January 13, 2015 MORRISONS’ surge buoyed the FTSE 100 yesterday, after the grocer announced that its chief executive had been shown the door following its poor performance during the busy Christmas trading season. The blue-chip FTSE 100 index was up 0.6 per cent at 6,542.20 points at the close. But weaker commodity stocks on the back of fresh [...]
Tumbling oil price eats into FTSE 100’s morning increase – London Report January 12, 2015 FALLS on Wall Street dragged back the FTSE 100’s early gains yesterday, as heavily weighted oil and energy companies dropped there as well as in Europe. The premier index was little changed at 6,501.42, up just 0.28 points. By comparison, Germany’s Dax and France’s Cac, which have less exposure to oil producers, were up over [...]
Taylor Wimpey, Barratt and Persimmon share prices among biggest FTSE fallers as Jefferies slashes ratings January 9, 2015 Housebuilders Taylor Wimpey, Barratt and Persimmon were among the biggest fallers on the FTSE 100 this morning, after broker Jefferies cut its rating across the sector. Shares in Taylor Wimpey – whose rating was cut to "hold" from "buy" – were down 4.9 per cent in lunchtime trading, while Barratt and Persimmon, which were both [...]
Imagination’s FTSE dream on road to reality January 8, 2015 Imagination Technologies chief executive Sir Hossein Yassaie said yesterday that he believed the British graphics chip designer was on the right track to becoming a FTSE 100 business. Yassaie’s confidence came after Imagination signalled in December that the business would begin slowly transitioning from an investment phase into a deployment phase, which Yassaie hoped would [...]
Tesco’s rising share price leads FTSE 100 higher January 8, 2015 Tesco became the biggest riser on the FTSE 100 this morning, with its shares jumping more than 11 per cent in lunchtime trading after it posted encouraging Christmas trading figures. By close of trading, Tesco's share price had soared 16.4 per cent. The rally helped the FTSE 100 to rise almost 2.3 per cent. Other [...]
FTSE rebounds on expectations of European QE – London Report January 7, 2015 Britain’s top equity index gained nearly one per cent yesterday, rebounding from a three-week low as Eurozone consumer price data raised expectations of new stimulus from the European Central Bank. The blue chip FTSE 100 index, which had fallen in the last three sessions and hit its lowest since mid-December on Tuesday, finished 53.32 points, [...]
FTSE 100 slips on weak British economic data – London Report January 6, 2015 UK SHARES fell for a third-consecutive session yesterday, and the pound traded lower against the dollar, as weaker-than-expected economic data weighed on British assets. The blue chip FTSE 100 fell 0.8 per cent, or 50.65 points, to 6,366.51, bringing its three-day loss total to three per cent. The index fell two per cent on Monday, its [...]
Fears over Greek election and oil prices hit FTSE – London Report January 5, 2015 AFALL in major energy stocks and worries over the political outlook in Greece knocked down Britain’s top equity index yesterday. The blue-chip FTSE 100 closed down two per cent at 6,417.16 points. The index also retreated 0.3 per cent on Friday, after falling 2.7 per cent in 2014. Weaker energy stocks, including BP and Royal [...]