FTSE 100 off to strong start to 2021 but Wall Street slips from record highs January 4, 2021 The FTSE 100 got the year off to a strong start today, bursting through the 6,600 point mark this morning, before closing the day up 1.8 per cent. However, Wall Street slipped back from record highs as the world’s markets got 2021 off to a fast start. In the first session of the new year [...]
Volatility was the name of the game in 2020: What were the most popular sectors, funds and shares? January 4, 2021 Volatility was the name of the game in 2020 as the pandemic wreaked havoc across the globe. The spread of Covid-19 was a shock to the financial system, stock markets plunged and companies battened up the hatches. Despite the vaccine breakthroughs markets are still deep in a tunnel of uncertainty about when the global economy [...]
It’s over: FTSE 100 finishes down 15 per cent on start of the year December 31, 2020 The FTSE 100 ended 2020 appropriately, sliding on the last day of trading and finishing 15 per cent down on the year. The market was on half-day duty today with traders able to celebrate New Year a little earlier. Optimism which powered gains earlier this week has dissipated, with dispiriting news on vaccines rollout in [...]
FTSE flat despite Oxford jab approval giving cause for 2021 optimism December 30, 2020 The FTSE 100 nibbled upward in early trading but fell to flat by lunchtime, as traders looked forward with some optimism to 2021. The index gained Tuesday, with many stocks hitting pre-pandemic highs. Traders were less bullish today, and after reaching gains of 0.3 per cent this morning the index has settled flat. Read more: [...]
Wall Street and FTSE surge as US stimulus and Brexit deal lift sentiment December 29, 2020 Wall Street hit fresh highs and the FTSE 100 posted strong gains today as investor confidence mounts in the final days of the year. The S&P 500 and Dow Jones were up 0.49 per cent and 0.57 per cent respectively as markets opened this afternoon. The Nasdaq also gained 0.42 per cent. Read more: Wall [...]
FTSE falls into the red as Brexit deal wait continues December 24, 2020 The FTSE 100 has fallen into the red as mid morning passes and the UK waits to hear if it has secured a deal with the European Union. At just past 11am London’s main market dropped 0.44 per cent after initially opening on the up. The market opened up 66 per cent this morning, following [...]
Banks amongst winners on FTSE as City waits for trade deal confirmation December 24, 2020 Lloyds Bank and Natwest are amongst those enjoying a Brexit deal boost on the FTSE 100 today. Lloyds is up more than 4 per cent on the last day of trading before Christmas. Natwest is also up. The deal is expected to be announced by Boris Johnson and Ursula von der Leyen within the next [...]
FTSE slips this morning amidst a host of global worries December 23, 2020 The FTSE 100 has slipped a little this morning, with the index down 0.15 per cent 45 minutes into trading. A brief recovery from a lower open has dissipated. A lack of progress on a Brexit deal, ongoing fears about the new mutant strain of Covid-19 and President Trump gave reason to trouble traders on [...]
Global markets slump amid fears of mutant virus and UK border chaos December 21, 2020 The FTSE 100 and US and European stocks tumbled on Monday while the pound slumped after countries banned travel from the UK over fears of a new coronavirus strain. Adding to the gloom on markets was the impasse in post-Brexit trade talks between the UK and the EU. Rising coronavirus cases in Britain, on the [...]
FTSE 100 and US stocks slip as market optimism dips December 18, 2020 The FTSE 100 fell along with European and US stocks as optimism faded on trading floors, with doubts creeping in about a US stimulus bill and fresh tensions with China. London’s main stock index was down 0.2 per cent in the afternoon session to 6,539 points. The FTSE 250, which is more domestically focused, fell [...]