Daily market update

Markets calm ahead of next political reshuffle, InterContinental Hotels in recovery mode, Wickes’ sales growth grinds to a halt and Snapchat ad warning spooks social media space

“Given the unprecedented events involving British politics in recent weeks, investors are hoping for less volatility and more stability in both the government and on...

Fri, 21/10/2022 - 10:28

Tesla misses forecasts and mixed fortunes for Akzo Nobel, Travis Perkins and Dunelm

“After another weak session on Wall Street last night, the negative tone spread to Asia on Thursday with Hong Kong’s Hang Seng index down 1.3%...

Thu, 20/10/2022 - 10:08

FTSE dips as inflations tops expectations, Netflix doing better than expected, ASOS unveils restructuring as it slips to a loss

“The FTSE 100 dipped on Wednesday as UK inflation came in a smidge higher than expected to match the multi-decade highs seen in July,” says...

Wed, 19/10/2022 - 10:39

FTSE on fourth day of gains, Moneysupermarket on a roll and Bellway sees fall in demand

“The FTSE 100 was on track for its fourth consecutive day of gains, flirting with the 7,000 level once again as investors bid up shares...

Tue, 18/10/2022 - 10:06

Government breathes sigh of relief as gilt yields drop, ITV mulls production business sale, ASOS seeks more flexible credit and Eve Sleep shares suspended

“The sigh of relief in Downing Street this morning would likely have been audible halfway down Horse Guards Parade as investors reacted positively to new...

Mon, 17/10/2022 - 10:23

Crunch time for Kwarteng, Netflix cut-price package goes down well and Royal Mail plans big job cuts amid industrial action

“It’s been a wild ride on the markets this year and there are still plenty of opposing forces which could push and pull equities, bonds...

Fri, 14/10/2022 - 10:26

FTSE slumps ahead of US inflation data, EasyJet to post third consecutive annual loss, mixed fortunes for gambling firms Rank and Entain

“The FTSE 100 was lower ahead of a crunch end to the five-day trading session which features the end of the Bank of England’s gilt-buying...

Thu, 13/10/2022 - 10:32

Markets calm despite latest twist in pensions saga and Barratt warning triggers sell-off in housebuilder shares

“Despite some harsh words from Bank of England governor Andrew Bailey towards the pensions industry last night, causing the pound to slump again, equity markets...

Wed, 12/10/2022 - 09:35

Bank of England’s actions further stoke investor concerns, Greencore disappoints and ScS avoids disaster

“The fact the Bank of England has widened its support measures for the market by including index-linked gilts in its programme of government bond purchases...

Tue, 11/10/2022 - 09:48

Multitude of factors troubling markets, DS Smith lifts guidance and Hollywood Bowl strikes with earnings upgrade

“A troubled backdrop has put markets in the red at the start of the new trading week. Renewed attacks on Kyiv following an explosion on...

Mon, 10/10/2022 - 09:44

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