FTSE 100 close: London dragged lower by Astrazeneca, DS Smith soars after takeover rumours February 8, 2024 Shares in Astrazeneca, the biggest company listed in London, dropped 6.3 per cent even after reporting an increase in revenue in 2023.
The Guernsey stock market looking to crash LSEG’s private party February 8, 2024 Each week Charlie Conchie interviews chiefs in the world of finance and tech. This week he sits down with Cees Vermaas, the founder of Guernsey-based the International Stock Exchange.
Moving markets: Five things shaping the FTSE 100 today February 8, 2024 Asian shares track Wall Street's surge; China's inflation records the deepest drop since 2009. Oil prices rose amid slim progress in Gaza peace talks. SoftBank rises on Arm results; investors eye earnings, the Fed, and U.S. jobless claims.
Uber posts first annual net profit since IPO debut; equity analysts lift price target February 8, 2024 Uber posted its first annual net profit since going public, indicating improved user retention and successful strategic initiatives, prompting several equity analysts to raise the price target.
FTSE 100 live: London closes in the red as Barratt and Sainsbury’s drag index lower February 7, 2024 The biggest news in London this morning was the merger between FTSE 100 house-builder Barratt and Redrow, which is listed on the FTSE 250.
EU agrees post-Brexit clearing rules in bid to break London’s grip on market February 7, 2024 Vincent Van Peteghem, finance minister for Belgium, said "this will bring more clearing services to Europe and enhance our strategic autonomy".
FTSE 100 today: London markets likely to start higher, mirroring Asian peers February 7, 2024 Asian markets mirror the gains witnessed on Wall Street, supported by Beijing's escalating efforts to shore up its declining stock markets. Investors will closely monitor Fedspeak and UK house price data.
FTSE 100 close: Strong BP results powers London markets higher February 6, 2024 London's FTSE indexes posted strong gains on Tuesday morning as a bumper buyback announcement from BP sent the capital's premier index higher.
FTSE 100 today: London markets brace for caution as traders scale back rate cut bets February 6, 2024 Asian markets mimic Wall Street's dip, oil prices hold steady. UK retail sales slow in January, RBA maintains interest rate at 4.35%; focus shifts to UK Construction PMI.
Sterling slumps as hawkish Fed spooks investors February 5, 2024 Lower rate expectations tend to hit currencies as it suggests investors will receive a lower rate of return on their investments.