Daily market update

FTSE higher despite rate hike and US tech sell-off

“The Bank of England surprised everyone by hiking interest rates yesterday. In doing so it only confirmed new Governor Andrew Bailey’s reputation as an ‘unreliable...

Fri, 17/12/2021 - 09:43

Markets rally, Boohoo slumps on profit warning, and Domino’s cuts deal with franchisees

“Is the Santa Rally finally here? Markets certainly seem to have a spring in their step, with the major indices across Europe, Asia and the...

Thu, 16/12/2021 - 10:56

FTSE lower as inflation comes in higher than forecast, Cineworld told to cough up C$1.2 billion, and Currys sees weaker sales ahead of Christmas

“The FTSE 100 started Wednesday on the back foot as investors got a big reminder that while all the focus has been on the latest...

Wed, 15/12/2021 - 10:25

FTSE 100 recovers as labour market tightens, Relief over Ocado legal battle, and Rentokil gets mixed response to blockbuster US deal

“The FTSE 100 was off to a strong start on Tuesday, recovering some of yesterday’s losses as investors await the big central bank action to...

Tue, 14/12/2021 - 10:19

FTSE 100 higher as weak pound helps salve Omicron wounds

“The FTSE 100 was off to a solid start on Monday despite Prime Minister Boris Johnson’s warning of a ‘tidal wave’ of Omicron in a...

Mon, 13/12/2021 - 09:45

FTSE runs out of breath while Associated British Foods soldiers on despite difficult backdrop

“After a decent start to the week, come Friday and the FTSE 100 had run out of breath, falling 0.2% to 7,305. Only the basic...

Fri, 10/12/2021 - 08:59

Weak pound lifts FTSE but renewed restrictions sink travel and hospitality stocks, Moonpig delivers nice gift for investors, and On The Beach faces tough backdrop

“The FTSE 100 continues to tick higher but its momentum has been checked slightly by the reintroduction of restrictions in the UK which suggest the...

Thu, 09/12/2021 - 09:49

Markets continue to rally, while Games Workshop’s problems get worse

“The FTSE 100 continued its winning streak, rising a further 0.4% to 7,368 as investors brushed off fears over the Omicron variant and regained their...

Wed, 08/12/2021 - 09:30

FTSE 100 recovers from Omicron sell-off and Ashtead enjoys boom time

“The more positive market sentiment seen at the start of the week extended into Tuesday, supported by waning fears about the Omicron variant and robust...

Tue, 07/12/2021 - 10:03

Omicron fears recede (for now) and Fulham Shore swings back to profit

“Monday brought a solid rise for the FTSE 100 despite the continued spread of the Omicron variant as investors reacted positively to suggestions from officials...

Mon, 06/12/2021 - 10:15

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