Daily market update

UK government bond and pound sell-off continues, shocking day for retailers as Tesco, Marks & Spencer and B&M shares hit by gloomy UK backdrop and Greggs disappoints with festive update

“Turmoil in the markets implies a massive loss of confidence in the UK government. The 30-year gilt yield briefly hit 5.445%, surpassing the Liz Truss...

Thu, 09/01/2025 - 10:17

FTSE stands tall despite Shell disappointment, Flutter warning pulls down Entain, Johnson Matthey steps up fight against activist, Hornby gives Mike Ashley some festive joy and Samsung misses expectations

“The FTSE 100 held firm despite headwinds from Shell’s disappointing update and a sell-off in the utilities sector. Financials came to the rescue, with...

Wed, 08/01/2025 - 10:39

UK stocks lower, tougher times ahead for Next, Nvidia unveils new products, Meta appoints prominent Trump supporter to board and UK retail sales data disappoints

“The FTSE 100 was dragged lower by housebuilders and miners after mixed trading in the US and Asia,” says AJ Bell Investment Director Russ Mould....

Tue, 07/01/2025 - 10:39

FTSE in the red, Unilever leads sell-off in big brand companies, Rolls-Royce hit by broker downgrade, Aldi’s new threat for Sainsbury’s and Tesco and IPO data shows challenge ahead for London market

“The FTSE 100 started the week on the back foot, dragged down by consumer non-cyclicals, basic materials and industrials,” says Russ Mould, Investment Director at...

Mon, 06/01/2025 - 09:45

FTSE 100 lower as miners slip, Biden set to block US Steel takeover, more bad news for retail sector, Next hit by negative broker comment and Wizz Air and Ryanair passengers up in December

“The FTSE 100 failed to maintain recent momentum as weakness in the mining sector put the index on the back foot,” says AJ Bell Investment...

Fri, 03/01/2025 - 10:15

Asia shares retreat, Lidl and Marks & Spencer in focus, housebuilders’ mixed reaction to property price data and Revolution Beauty settles spat with former shareholder

“January can be a testing time for markets and that’s already proved the case with Asian equities as investors fret about the impact of Donald...

Thu, 02/01/2025 - 10:34

FTSE 100 lower after US and Asian weakness, retail sales sluggish in November, day of destiny for Boohoo and Frasers and Nike beats but warns of lengthy turnaround

“The FTSE 100 was sharply lower again on Friday, dragged down by water utilities and banks after uneven trading in Asia and the US overnight,”...

Fri, 20/12/2024 - 12:45

Fed rates comment triggers Wall Street sell-off, FTSE 100 follows suit, no Bank of England cut expected today, water companies get bills boost, Serco sees bumper pipeline

“Markets are normally good at reading the signs, but the sell-off on Wall Street last night would suggest investors had started on the Christmas sherry...

Thu, 19/12/2024 - 10:35

FTSE up on sterling weakness, no shock with UK inflation, Shoe Zone halves profit guidance, Nissan and Honda in merger talks, National Grid unveils £35 billion plan and Kingfisher sells Romanian arm

“A weaker pound following the latest UK inflation figures gave a boost to the FTSE 100 and its bounty of dollar earners. The UK index...

Wed, 18/12/2024 - 10:46

FTSE dragged down by energy sector, Bunzl warns over deflation shock, Indivior bows to investor pressure, Capita’s cash outflow troubles market, Chemring margins slip and Hollywood Bowl hit by mini-golf write-off

“Energy and pharma stocks weighed on the FTSE 100, causing the index to fall 0.7% to 8,203,” says Russ Mould, Investment Director at AJ Bell....

Tue, 17/12/2024 - 10:12

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