FTSE 100 logs worst week in more than a year December 21, 2024 The FTSE 100 touched a more than one-month low on Friday and logged its sharpest drop since October 2023 for a week filled with a raft of central bank policy decisions. The FTSE 100 dropped 0.3 per cent, hitting its lowest since 13 November, though the mid-cap FTSE 250 was up 0.3 per cent, after [...]
Headlam: Flooring specialist’s shares rise after £54m property deals December 20, 2024 Shares in the Brummie-based flooring distributor rose over seven per cent on Friday after it sold off some of its properties for £54m.
Ashtead launches buyback amid FTSE 100 departure December 11, 2024 FTSE 100 giant Ashtead has launched a $1.5bn (£1.2bn) share buyback after announcing yesterday it would be switching its primary listing to the US. In a stock exchange notice today, the construction equipment firm said it had entered into an agreement with Barclays to buy back up to 65m shares over the next 18 months. [...]
Which companies are set to join the FTSE 100? November 26, 2024 Three UK companies are expected to be promoted to the FTSE 100 next month, with Games Workshop set to move to London’s top index for the first time. The Warhammer-maker has seen its stock price jump 35 per cent since the start of 2024 after reporting revenue that was ahead of expectations. St James’s Place [...]
Games Workshop: Warhammer-maker’s shares boom on positive outlook November 22, 2024 FTSE 250 firm Games Workshop’s shares soared after the open this morning, following a positive trading update. The Warhammer-maker’s stock rose by almost 14 per cent in early trades, after a rosy outlook in a brief statement to markets this morning. The company said it was “pleased to announce” that since late September when it [...]
The only FTSE 100 stock Scottish Mortgage is buying November 22, 2024 Scottish Mortgage has always had an international focus, and there's only one FTSE 100 stock the investment trust wants to buy: Itself.
Which FTSE 100 companies are most exposed to Donald Trump? November 14, 2024 The FTSE 100 has dropped by more than one per cent following the election of Donald Trump as US president, hitting a three-month low earlier this week. Meanwhile, the S&P 500 has been soaring, leading to a clear divergence between the two indexes. While not all of the poor performance of the FTSE 100 can [...]
London’s FTSE 100 is ‘substantially concentrated’ as regulator frets over volatility risk October 10, 2024 The UK stock market is “substantially more concentrated” than Europe or even the US, analysts have warned, as regulators fret over the clustering of the biggest British stocks on London’s FTSE 100. In a speech earlier this week, Financial Conduct Authority chief executive Nikhil Rathi warned that market concentration was leading to a “sharp rise [...]
Prepare to flee London’s AIM if Reeves mounts inheritance tax raid, bank warns October 10, 2024 Companies listed on London’s junior AIM market are being told to prepare to flee the exchange or announce emergency share buybacks amid fears that a punishing inheritance tax raid could trigger a sell-off, City AM has learned. In a letter seen by City AM, one investment bank has urged all of its AIM-listed clients to [...]
Ashtead: Profit down at equipment giant as revenue slows September 3, 2024 Equipment rental group Ashtead’s revenue grew just two per cent, and profit fell during the three-month period ending 31 July, as a construction slowdown across the US hit the company. The equipment hire giant, the FTSE 100’s 25th largest firm, reported revenue of $2.75bn (£2.1bn) for the period, up from $2.7bn (£2.06bn) in the prior [...]