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  • London top indexes post stellar day on commodities boom

    March 2, 2022

    London top indexes staged a stellar day yesterday as investors poured into industrial stocks as commodity prices soared. The capital’s premier FTSE 100 index climbed 1.36 per cent to 7,429.56 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, advanced 1.34 per cent to 20,775.82 points. [...]

  • Russian miners to get the boot from FTSE 100

    March 1, 2022

    Russian miners are set to be booted from London’s top index tomorrow as a rapid investor sell off since Moscow invaded Ukraine has sent their shares spiralling. Evraz, which has operations in Russia and Ukraine, has had more than 80 per cent shaved off its share price since the start of the year, with around [...]

  • Russian miners Evraz and Polymetal set to fall out of FTSE 100 in quarterly shake up

    March 1, 2022

    London listed Russian mining firms Evraz and Polymetal are set to be shuffled out of the FTSE 100 tomorrow in the index’s quarterly review.

  • London’s top indexes edge higher as investors mull next Russia-Ukraine developments

    March 1, 2022

    London’s top indexes jumped this morning as investor fears over the potential fallout of economic sanctions levelled against Russia tempered. The capital’s premier FTSE 100 index added 0.2 per cent to rise to 7,473.42 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, edged down 0.07 [...]

  • Shares in Russian retailer Fix Price tumble after sanctions hit VTB

    March 1, 2022

    Shares in London-listed Russian retailer plunged yesterday after it suspended a planned share buyback programme due to sanctions slapped on the firm’s bank, the state-owned Russian lender VTB Capital.

  • Destruction of Russian-focused stocks leads London’s top indexes lower

    February 28, 2022

    A NEAR destruction of Russian exposed London-listed stocks held the City’s top index lower today in a wild day of trading on the Square Mile. The capital’s premier FTSE 100 index lost as much as 1.4 per cent during the morning, before finishing down 0.42 per cent at 7,458.25 points. Meanwhile, the domestically-focused FTSE 250 [...]

  • Ukrainian delegation begins ceasefire talks with Kremlin officials

    February 28, 2022

    Ukrainian government officials have arrived at the Belarus border for ceasefire talks with the Russian government, after four days of intense fighting across the country. The talks are reported to have began just after 9am GMT, with both sides agreeing to meet without “preconditions”. Ukrainian defence minister Oleksii Reznikov was seen arriving to the negotiations [...]

  • Abramovich-owned steelmaker Evraz plunges in value as sanctions spark investor exodus

    February 28, 2022

    Shares in Russian steelmaking giant Evraz plunged over 20 per cent this morning as Western sanctions sent the Russian economy into chaos, with the rouble falling over 28 per cent.

  • Shares in Russian steelmaker Evraz surge as profits more than triple 

    February 25, 2022

    Shares in London-listed Evraz soared today after the Russian steelmaking giant beat analysts' estimates with profits of $3.1bn.

  • Ukraine invasion hits global markets as £77bn is wiped off FTSE 100 in worst day in years

    February 25, 2022

    Almost £77 billion was wiped off the value of London’s top 100 listed companies on Thursday as global markets plummeted following Vladimir Putin’s invasion of Ukraine. As fighting continues between Russian aggressors and Ukrainian defenders, traders across the world sold off shares as they tried to figure out the consequences. In London, the impact was [...]

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