Daily market update

FTSE tries hard to recover and Wickes raises guidance on impressive margin performance

“A 0.6% rise in the FTSE 100 on Friday means the UK index has now suffered less than a 2% decline since the eve of...

Fri, 03/12/2021 - 10:07

New Omicron jitters ahead of OPEC meeting

“As expected, the markets are continuing their up and down trajectory as traders and investors await confirmation on just how disruptive Omicron will be,” says...

Thu, 02/12/2021 - 10:54

Oil and stocks rebound with Omicron volatility in store

“There seemed little reason for positivity but, nonetheless, the FTSE 100 managed to make solid progress as people reached for their advent calendars on Wednesday,”...

Wed, 01/12/2021 - 10:13

Moderna CEO comment derails markets, while EasyJet stomachs £1.1 billion loss

“It only took one comment from the boss of drugs firm Moderna to derail markets once again. Stéphane Bancel said he believed existing vaccines...

Tue, 30/11/2021 - 10:05

European markets rebound, and BT might be in the sights of India’s Reliance

“Decisive action by governments to try and control the spread of the new Omicron Covid variant has restored some confidence among investors,” says Russ Mould,...

Mon, 29/11/2021 - 10:12

Market shock: Black Friday turns to Red Friday as stocks slump around the world

“Forget Black Friday; today has been renamed Red Friday after the colour of share price screens as stocks slump globally on fears over a new...

Fri, 26/11/2021 - 10:26

Diageo and Remy Cointreau in a sweet spot, Mitchells & Butlers still has challenges, and Vivo Energy is the latest UK-listed takeover target

Markets: Diageo and Remy Cointreau in demand

“Diageo has been enjoying a strong rally since September and on Thursday was once again the biggest...

Thu, 25/11/2021 - 11:06

Oil rises again as market casts doubt over effectiveness of strategic reserve release, and Britvic fizzes on out-of-home boost

“Oil prices continued to be under the spotlight as a US-led release of oil from strategic reserves failed to dampen commodity price inflation. Brent Crude...

Wed, 24/11/2021 - 10:15

FTSE 100 struggles on oil weakness, US tech sell-off and European Covid fears, AO’s nightmare before Christmas, and Pets at Home pepped up by pet boom

“A slump in the oil price as the US taps into its strategic reserves helped put the FTSE 100 on the back foot on Tuesday,”...

Tue, 23/11/2021 - 10:42

Consumer activity shifts from gaming to cinema, FTSE up, Europe boosted by M&A, and BHP exits oil and gas

“Life is getting harder for gaming companies as consumers find plenty of reasons to get out of the house post-lockdown,” says Russ Mould, Investment Director...

Mon, 22/11/2021 - 10:38

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