FTSE 100 close: London index squeezes out gain as UK economy unexpectedly flatlines in February April 13, 2023 London’s FTSE 100 nudged higher today after fresh figures showed the UK economy unexpectedly stalled in February, while Tesco clocked decent gains despite posting a big profit slump. The capital’s premier index edged 0.24 per cent higher to close at 7,843.39 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the [...]
FTSE 100 close: US inflation boost runs out of steam as De La Rue tumbles a third April 12, 2023 A sudden boost to London’s FTSE 100 from better than expected US inflation numbers ran out of steam toward the end of today’s trading session, although the premier index still notched gains. The FTSE 100 jumped 0.5 per cent to close at 7,824.83 points, while its mid-cap counterpart, the FTSE 250, which is more responsive [...]
FTSE 100 close: Glencore and Rio Tinto power London index upwards despite downbeat IMF projections April 11, 2023 London’s FTSE 100 kicked off a shortened trading week in robust fashion today, lifted by miners scaling higher despite the International Monetary Fund (IMF) warning the global economy is on course to suffer a sharp slowdown over the coming decade. The capital’s premier index jumped 0.57 per cent to 7,785.73 points, while the domestically-focused mid-cap [...]
FTSE 100 close: Markets end in the green before Easter weekend despite US recession fears April 6, 2023 London’s blue-chip index approached the Easter weekend higher as oil giant Shell lifted markets despite fears that the US economy might be slowing. The capital’s premier index ended 1.03 per cent higher at 7,741.56 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, closed 1.05 [...]
FTSE 100 close: Markets close in the green despite US jobs data pointing to possible recession April 5, 2023 London’s blue chip index ended in the green on Wednesday despite weak data from the US raising the risk of a recession. The capital’s premier index closed 0.37 per cent higher at 7,662.94 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, ended 1.14 per [...]
FTSE 100 close: London’s premier index falls as strong performance for miners not enough to tip market into green April 4, 2023 The FTSE 100 closed lower on Tuesday as markets ran out of steam despite a strong performance from many of the index’s mining giants. The capital’s premier index closed 0.5 per cent lower at 7,634.52 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, ended [...]
FTSE 100 live: London’s blue chip stocks end the week in the black as March bows out ‘like a lamb’ with bulls ‘licking their wounds’ March 31, 2023 London’s premier index ended the week in the black, just. The FTSE 100 was last up at 7,631.74 just 11.31 points or 0.15 per cent. The FTSE 250, which is more UK focused ended the week slightly in the black up at 18,928.30 or 20.56 points higher. Today was the final trading day in a [...]
Banks, inflation, recession, gold AND Ocado: Five lessons the markets taught us this week March 31, 2023 It’s spring. The days are longer, the sun is shining, and fears about the imminent implosion of the global financial system are fading, for now anyway. Markets appeared to calm down after several weeks of banking-related aftershocks and both the FTSE 100 and FTSE 250 were on course to end the week on a positive [...]
FTSE 100 live: Ocado steams ahead again as analysts warn banks have long road to recovery March 30, 2023 London’s FTSE 100 scaled higher today lifted by middle class favourite and online supermarket Ocado extending its strong rally this week. The capital’s premier index climbed 0.32 per cent to 7,588.65 points, while the domestically-focused mid-cap FTSE 250 index, which is more in tune with the health of the UK economy, bumped 0.73 per cent [...]
FTSE 100 close: Ocado delivers bumper gains while Next zips lower March 29, 2023 London’s FTSE 100 was hoisted higher by the UK’s largest retailers surging today, except high street bellwether Next, which stumbled badly. The capital’s premier index bumped more than one per cent to 7,564.28 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, surged 1.28 per [...]