FTSE 100 close: London markets dip as Ithaca share price up on Rosebank approval Markets London’s FTSE 100 index dipped on Wednesday as the pound continued its losses, and the government approved the UK’s largest untapped oil field, Rosebank. The capital’s premier bluechip index dipped 0.46 per cent to 7,590.96, while the FTSE 250, which is more aligned with the UK domestic market, fell 0.6 per cent to 18,227.33. Markets [...]
FTSE 100 close: London markets flat as investors digest higher for longer message Markets Markets opened lower on Tuesday as markets digested the implications of interest rates having to remain higher for longer.
Watchdog: Media is creating a negative “atmosphere” around moribund IPO market Listings A top Financial Conduct Authority official has taken aim at the press for creating a negative “atmosphere” for business in the UK and discouraging firms from floating in London.
FTSE 100 close: China concerns resurface to send London markets lower September 25, 2023 Markets opened lower on Monday as renewed concerns over the Chinese economy dented sentiment.
Copper prices slide as waning demand in China causes stocks to rise September 24, 2023 Copper prices have dipped despite hopes of rebounding demand in China, as its economy recovers from the pandemic.
Wall Street suffers more pain at end of worst week in six months September 23, 2023 Wall Street wheezed to more losses on Friday as it limped to the end of its worst week in six months. The S&P 500 slipped 9.94 points, or 0.2%, to 4,320.06 after a late-day swoon erased a modest gain it had held for most of the day. It capped an ugly slide caused by Wall [...]
FTSE 100 close: London climbs on softer pound after Bank of England holds rates September 22, 2023 London's blue-chip FTSE 100 index rose on Friday as it benefited from the weak pound in the wake of the Bank of England's decision to hold interest rates steady.
Wall Street: US stocks plunge on fears that interest rates will stay high September 22, 2023 Wall Street fell sharply in an ugly day for stocks worldwide on expectations that US interest rates will stay high well into next year. The S&P 500 lost 1.6 per cent for its worst day since March. That followed a drop of 0.9 per cent from Wednesday after the Federal Reserve indicated it may cut [...]
Arm and Instacart slides shows the global IPO window may have already slammed shut September 21, 2023 A slide in the value of Arm and delivery outfit Instacart have dampened hopes that the global IPO market is about to swing wide open, analysts have warned today.
Bank of England leaves interest rates on hold after August inflation surprise September 21, 2023 The Bank of England hiked interest rates by 25 basis points.