Daily market update

London’s blue-chip index subdued at the close despite being back on top

“London’s newly regained crown lost a little of its lustre this afternoon as the blue-chip FTSE 100 sagged under the weight of all those miners...

Mon, 17/06/2024 - 17:12

FTSE 100 lifted by financial stocks, Chinese property market slumps and WH Smith dragged into E.coli crisis

“After a difficult last week, the FTSE 100 started Monday on the front foot, with the index given a modest lift by financial stocks,” says...

Mon, 17/06/2024 - 09:49

FTSE squeezes ahead, Tesco gains share but CEO pay in focus ahead of AGM, Bellway moves on rival and Raspberry Pi jumps again as unconditional dealing gets underway

“The FTSE 100 bucked the negative trend seen across the rest of Europe by squeezing in a small rise to 8,169 in early trading on...

Fri, 14/06/2024 - 10:06

Nasdaq up, FTSE down: topsy-turvy day for markets with Tesla and Broadcom flying and housebuilders crying

“A topsy-turvy set of events led to divergent fortunes on the US and UK markets. The Nasdaq pushed ahead, helped by strong showings from ...

Thu, 13/06/2024 - 17:14

FTSE 100 flat after Fed meeting, BT up as Slim takes stake, Tesla faces crunch vote on Musk’s pay, Crest Nicholson sees housing market momentum stall and Wise hit by weak outlook

“The FTSE 100 made a sluggish start to trading on Thursday despite gains in the US overnight as the Federal Reserve sat on its hands,”...

Thu, 13/06/2024 - 10:06

Markets fired up by cooler inflation while Apple reclaims crown as world’s most valuable listed company

“Lighter than expected US inflation figures have fired up the market and got investors rubbing their hands, predicting the rate cut gravy train will start...

Wed, 12/06/2024 - 16:12

FTSE 100 higher ahead of Fed meeting, GameStop raises more than $2 billion, Rentokil surges as Peltz vehicle takes stake, new Legal & General strategy fails to inspire and SPP faces rail station catering competition push

“The FTSE 100 was on the march ahead of the latest Federal Reserve meeting with financial stocks bouncing back from their losses earlier in the...

Wed, 12/06/2024 - 09:40

FTSE 100 moves higher, Raspberry Pi soars on UK IPO and Conservatives’ housing pledge boosts housebuilders, DIY retailers and estate agents

“Positive market reaction to GSK saying it would appeal a recent court decision around its Zantac product helped to lift the FTSE 100,” says...

Tue, 11/06/2024 - 09:37

FTSE 100 lower amid political turmoil, speculation Ashtead could switch stock listing to US, Nikkei higher on economic surprise and shareholder joins push to oust THG chair

“Political turmoil in Europe saw the FTSE 100 start the week on the back foot with only a handful of names on the index trading...

Mon, 10/06/2024 - 09:31

FTSE 100 dips ahead of US jobs data, Bellway positive amid signs of life in housing market and C&C boss exits after accounting failures

“After a week of steady recovery from Monday’s sell-off, the FTSE 100 returned to the back foot on Friday, dragged lower by retail and banking...

Fri, 07/06/2024 - 10:07

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