Daily market update

FTSE downbeat as Jackson Hole looms into view and Cineworld confirms possible bankruptcy filing

“The FTSE 100 began Monday in downbeat mood ahead of what could prove to be a critical moment for markets at the end of this...

Mon, 22/08/2022 - 09:52

Weak consumer backdrop punishes pound, Just Eat gets cash injection from Brazil sale, and Joules goes from bad to worse with another profit warning

“The FTSE 100 was broadly flat on Friday after a mixed set of retail sales, and with inflation driving the cost of servicing government debt...

Fri, 19/08/2022 - 10:04

FTSE dragged down as several stocks go ex-dividend, Made.com faces emergency fundraise, and AO shares jump

“After yesterday’s UK inflation figure shock, it’s no wonder investors weren’t feeling too hungry for equities on Thursday. European markets didn’t want to get out...

Thu, 18/08/2022 - 10:22

FTSE flat on inflation reading, Persimmon suffers labour shortages and Boohoo buys stake in Revolution Beauty

“The FTSE 100 was flat on Wednesday as UK inflation came in higher than expected,” says AJ Bell financial analyst Danni Hewson.

“Unlike the US,...

Wed, 17/08/2022 - 11:07

BHP posts bumper profit, Ted Baker and Darktrace takeover news, Watches of Switzerland customers keep spending and FTSE higher despite signs of economic turmoil

“The FTSE 100 enjoyed steady gains despite continuing signs of economic turmoil in the UK,” says AJ Bell Financial Analyst Danni Hewson.

“In a...

Tue, 16/08/2022 - 10:06

FTSE higher, Rightmove flags fall in house prices, weak Chinese data hits miners and Joules hires new boss

“Signs that some of the inflationary pressures in the economy may be easing continue to drive gains for stocks, with the FTSE 100 higher on...

Mon, 15/08/2022 - 09:27

Billions wiped off the value of GSK, Haleon & Sanofi, Flutter shares jump as customers keep betting and markets enjoy that Friday feeling

“Many people consider healthcare companies to be saviours of the world, with their products helping to ease the pain of countless individuals. What’s often forgotten...

Fri, 12/08/2022 - 10:23

UK stocks lag Europe & US, Disney subscriber numbers surpass Netflix, Entain expands again and Haleon continues to fall

“The pleasant surprise on inflation figures across the pond gave US stocks a welcome lift and this positive sentiment extended to Europe on Thursday, except...

Thu, 11/08/2022 - 10:43

Tesla shareholders left in a spin, Deliveroo beats estimates, TUI remains resolute and Admiral sees profits drop

“Tesla shareholders may well be seething at Elon Musk’s latest share sale, no doubt arguing they didn’t sign up to such erratic behaviour. To...

Wed, 10/08/2022 - 10:02

FTSE 100 flat as Abrdn and IWG see shares fall, while markets anticipate drop in US inflation figure

“It was a muted session for European equities on Tuesday morning, with the FTSE 100 flat and the Dax slipping 0.4%,” says Danni Hewson, Financial...

Tue, 09/08/2022 - 10:04

Pages