At the close: FTSE 100 index closes down on miners December 8, 2015 The FTSE 100 index closed down today, led lower by miners who followed Anglo American. The index shut 1.42 per cent down at 6,135 points. "Once the world knew that Anglo-American was unlikely to pay any dividend for 2015-2016, the mining sector was put to the sword for the day. Anglo American at one point saw [...]
FTSE suffering longest losing streak since 2011 – London Report August 21, 2015 BRITAIN’S top share index fell to its lowest point in seven months yesterday, its worst losing run since 2011 as investor concerns over the global economy resurfaced. The blue chip FTSE 100 index dropped 0.6 per cent to 6,367.89 points, its lowest level since January. The index was down for the eighth straight session and [...]
FTSE 100 poised for longest losing streak since 2011 August 20, 2015 Britain's top share index fell for the eighth straight session today, putting it on course to clock its longest losing streak since 2011. The FTSE 100 was also down more than 10 per cent from its recent record high of 7,122.74 points hit in April – taking it into official correction territory, Britain's FTSE 100 [...]
These are the UK’s most popular chief executive names August 18, 2015 The most common name among FTSE 100 chief executives is David, with Michael and Simon falling into joint second place. Using data scraped from Reuters, City A.M. found that 17 of the UK's 100 biggest companies are headed up by a man with one of these three names. David is way in the [...]
FTSE ends flat after weak US data but Mondi moves on up – London Report May 13, 2015 THE FTSE was broadly flat but outperformed Europe yesterday after weak US retail data erased gains on the back of the Bank of England saying it will raise rates in about a year’s time. The blue-chip FTSE 100 closed up 0.2 per cent at 6,949.63 points by 1625 London time after falling 1.4 per cent in [...]
Greece and miners’ rally help London surge to record high – London Report February 24, 2015 Britain’s top equity index yesterday hit a record high as a rally in mining companies helped the three-decade-old blue chip index to surpass its previous high, set in late 1999. Reports that Greece had secured a lifeline from its creditors and increasing belief that the UK’s economic recovery was gaining momentum also helped the index [...]
GDP and consumer confidence rises reflect UK growth – London Report February 22, 2015 GDP growth is this week likely to be confirmed at 0.5 per cent quarter-on-quarter for the final three months of 2014. That growth is likely to be reflected further on Friday with consumer confidence for February at a 12-year high. The corporate week starts today with reports from Associated British Foods, Bovis Homes, HSBC and [...]
FTSE gets a lift after St James’s reports results – London Report October 30, 2014 BRITAIN’S top equity index yesterday staged a late rally to recover from losses earlier in the day, with wealth management group St James’s Place outperforming after strong results. The blue-chip FTSE 100 index had been in negative territory for much of the day. The late recovery enabled the FTSE to close up by 0.2 per [...]
Consumers win as UK inflation continues to fall – London Report October 12, 2014 Consumers are winning out as low petrol prices and the continuing supermarket price war drive inflation down. Data out tomorrow is expected to show consumer price inflation for September fell to a five-year low of 1.4 per cent – well below the Bank of England’s target rate of two per cent. However, weak earnings growth [...]
London Report: FTSE slips from five-day rise as ex-div firms fall August 20, 2014 BRITAIN’S top share index yesterday retreated from a three-week high, halting a five-day winning streak, with companies trading without the attraction of their latest dividend putting pressure on the broader market. The benchmark index finished down 0.35 per cent, or 23.83 points, at 6,755.48 points. Despite markets pausing for breath after recent rises, Standard Chartered [...]