Daily market update

Centrica signs $8 billion LNG deal and H&T and Begbies Traynor are upbeat as clouds gather

“In typical fashion the FTSE 100 dipped early on Tuesday in the face of strength in the pound,” says AJ Bell investment director Russ Mould....

Tue, 11/07/2023 - 09:28

Equity markets remain fragile, water stocks rebound on Thames Water cash injection and BT boss resigns

“Last week’s big pullback in global equities has hurt investor sentiment and triggered a ‘wait and see’ approach among many people who have become nervous...

Mon, 10/07/2023 - 09:49

Markets remain fragile after yesterday’s big sell-off, Lok’n Store goes cap in hand and Shell reveals pockets of weakness

“After yesterday’s miserable day on the markets when investors gave a knee-jerk reaction to the Federal Reserve’s meeting minutes and partial US employment figures, there...

Fri, 07/07/2023 - 10:39

FTSE 100 slumps as Fed minutes point to further rate hikes, Currys results a Nordic noir as it pulls dividend and Jet2 founder to step down

“You don’t necessarily think of meeting minutes, often associated with the likes of parish council meetings or the AGM of the local bird spotting club,...

Thu, 06/07/2023 - 11:48

New data points to China economic worries, FTSE retreats and AO swings back into profit

“Asian equity markets didn’t like the latest purchasing managers’ index data which implied further struggles with China’s economy,” says Russ Mould, Investment director at AJ...

Wed, 05/07/2023 - 10:36

FTSE 100 flat on US Independence Day, housebuilders under pressure, banks summoned to FCA, Sainsbury’s enjoys increase in sales volumes, Ryanair and Wizz Air see further passenger growth

“The FTSE 100 started Tuesday flat and with the US markets largely closed for Independence Day it could struggle for direction throughout the trading session,”...

Tue, 04/07/2023 - 09:40

FTSE higher after US rally, miners up on hopes for China stimulus, new chair at Tesco, JD Sports signs Middle East agreement and Tesla’s price cuts lead to delivery boost

“The markets built on last week’s strong finish to start the second half of the year in decent fettle,” says AJ Bell Investment Director Russ...

Mon, 03/07/2023 - 10:00

Markets hit mid-year point, Nike slips on cost woes, water stocks fall again and Revolution Beauty continues its fight with Boohoo

“As we conclude the first half of 2023, investors are taking stock of markets and what might happen next. Essentially last year’s losers have become...

Fri, 30/06/2023 - 11:03

Central bankers dampen sentiment, B&M shares slide despite upbeat statement, Serco surges on defence and immigration demand and Moonpig announces resilient sales

“The FTSE 100 was on the back foot on Thursday as central bankers used a conference in Portugal to ram home the message that more...

Thu, 29/06/2023 - 11:38

Markets upbeat ahead of Powell speech, water stocks shrug off talk of Thames Water rescue and Revolution Beauty shares resume trading after AGM spat with Boohoo

“Today’s speech by Fed chair Jerome Powell is likely to reinforce the belief that the US central bank will push up rates once again at...

Wed, 28/06/2023 - 10:00

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