Daily market update

Royal Mail takeover clears major hurdle, Canal+ makes UK market debut, Computacenter CFO departs suddenly, Bitcoin hits $106,000, activists put pressure on Johnson Matthey, Entain hit and Saga hopes Ageas deal will boost insurance arm

“The FTSE 100 dipped 0.2% to 8,285 despite the best efforts of the pharma and banking sectors to take the UK index forwards. Energy stocks...

Mon, 16/12/2024 - 11:07

FTSE higher despite selling in US and Asia, HSBC’s retail rethink, Broadcom shares soar on AI boost, Tullow in takeover talks, cracks on display at Portmeirion

“Despite weakness overnight in the US and Asia, UK stocks ticked higher on Friday, lifted by gains for financials and some areas of the retail...

Fri, 13/12/2024 - 10:34

FTSE 100 higher as Nasdaq smashes through 20,000, Currys upbeat despite Budget pressures, C&C appoints soft drinks industry legend, Boohoo continues Frasers battle, Drax agrees US aviation deal

“The FTSE 100 ticked higher on Thursday after US stocks chalked up another landmark. The Nasdaq index yesterday smashed through the 20,000 barrier for the...

Thu, 12/12/2024 - 10:20

FTSE stuck in the mud, International Consolidated Airlines flies higher, British American Tobacco reassures, TUI celebrates record year, Kainos shares jump after bringing back its former CEO

“The FTSE 100 extended yesterday’s losing streak with a further 0.3% decline to 8,253 as oil, pharma and banks dragged the market down,” says Dan...

Wed, 11/12/2024 - 11:00

China woes hit FTSE 100, Ashtead to shift main stock listing to the US, Moonpig setback, Games Workshop agrees Amazon deal and reports link Cadbury-owner to Hershey’s

“The FTSE 100 was in the red amid concerns that China’s economic stimulus measures might not have a long-lasting effect,” says Dan Coatsworth, Investment Analyst...

Tue, 10/12/2024 - 10:49

FTSE 100 outperforms US markets, defence stocks pull back on Trump Ukraine comments and Hershey’s shares jump amid takeover rumours

“It’s been a funny old day for markets as London’s FTSE 100 has enjoyed what’s felt like a rare occurrence of late and outperformed US...

Mon, 09/12/2024 - 17:19

FTSE 100 higher amid China stimulus talk, Boohoo continues fight against Frasers, WPP shares unfazed by talk of arch-rivals merging, Domino’s agrees deal with franchisees

“The FTSE 100 was higher on Monday amid a strong showing from resources stocks,” says AJ Bell Investment Analyst, Dan Coatsworth.

“The mining sector, as...

Mon, 09/12/2024 - 10:24

Aviva raises bid for Direct Line, bitcoin below $100,000, Frasers signals bid for XXL, Berkeley outlines 10-year plan, Lululemon beats expectations, Quiz may need cash call and SDX Energy to delist

“After the drama of bitcoin going through $100,000, the French government going through a crisis, and yet more takeover twists and turns, investors have had...

Fri, 06/12/2024 - 11:16

European markets shrug off French political strife, bitcoin hits $100,000, Frasers warns, Vodafone merger approved, Shell strikes North Sea venture, Future soars and Warpaint and Card Factory go shopping

“The French political crisis failed to knock European indices off course, with the CAC 40 up 0.6% and the FTSE 100 holding firm. That might...

Thu, 05/12/2024 - 11:19

Defensives slip as FTSE 100 starts lower, Centrica energised by nuclear plant extensions and Salesforce earnings impress

“The FTSE 100 started sluggishly on Wednesday as traditionally defensive sectors like pharmaceuticals and utilities were on the back foot,” says AJ Bell Investment Analyst...

Wed, 04/12/2024 - 10:04

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