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Market updates
UK stock market rebounds, FTSE 100 up by over 3%
February 26, 2022 02:01 AM AEDT| By Sreenivas D AjankarUK Market News: The UK stock market bounced on Friday to recover most of the last session’s losses. The blue-chip FTSE100 index was up by over 3%. The benchmark index is supported by some strong cooperate earnings announcements today, like Evra...
FTSE 100 suffers biggest decline of 2022 as Russia invades Ukraine
February 25, 2022 04:38 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market witnessed the biggest single-day decline of 2022, with the blue-chip FTSE100 index plunging by over 3.2% after Russia started military operations in eastern Ukraine, attacking several cities. The selloff was witnessed a...
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US indices fall sharply on Ukraine crisis, TSLA, AMZN among top losers
February 24, 2022 10:06 AM AEDT| By Versha JainBenchmark US indices retreated for the second-consecutive day on Wednesday, February 23, after Ukraine declared a state of emergency and asked citizens to immediately leave the territory as a Russian military offensive on Kiev was ‘imminent&rsq...
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FTSE 100 extend gains, Barclays Plc up by 5%
February 24, 2022 02:13 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market has extended gains on Wednesday as investors hope for a diplomatic solution to the rising tension between Russia and Ukraine firmed up. The blue-chip FTSE 100 index was up by 0.60%, led by Barclays Plc (4.85%), which an...
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FTSE 100 overcomes early losses, UK sanctions 5 Russian banks
February 23, 2022 02:01 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market overcome the initial hiccups due to rising tensions between Russia and Ukraine to trade in green for the most part of the day on Tuesday. The blue-chip FTSE 100 index is up by 0.35%, supported by upbeat earnings from pr...
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FTSE 100 turn lower, cabinet meets to end Covid rule
February 22, 2022 01:56 AM AEDT| By Sreenivas D AjankarUK Market News: The UK stock market turned lower on Monday, amid renewed fear of a rise in Russia-Ukraine tensions. The blue-chip FTSE100 index is down by 0.72%, dragged down by companies whose business operations are linked to Russia and Ukraine mar...
US stocks edge lower again on war fears; ROKU, DKNG fall sharply
February 19, 2022 10:43 AM AEDT| By Versha JainBenchmark US indices closed the session lower for the second-consecutive day on Friday, February 18, amid Ukraine border tension and weak forecasts by companies. The S&P 500 declined 0.72% to 4,348.87. The Dow Jones fell 0.68% to 34,079.18. The...
UK market gets some respite, FTSE 100 index up by 0.40%
February 19, 2022 02:30 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market got some respite on Friday though there was some concern due to storm Eunice. The blue-chip FTSE100 index is up by 0.42%. The index is supported by stocks like Reckitt Benckiser Group Plc (3.3%), Standard Chartered Plc...
UK stock market extends decline, Evraz shares sink 7%
February 18, 2022 02:38 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market traded lower on Thursday, extending its losses for the second straight session. The blue-chip FTSE100 index was down by 0.76%. The uncertainty surrounding the Russia-Ukraine conflict impacted the stock market. As per th...
US indices close mixed after Fed minutes; ABNB, KHC rise
February 17, 2022 10:58 AM AEDT| By Versha JainBenchmark US indices closed mixed on Wednesday, February 16, after Fed minutes gave no clear timeline for a rate hike to curb inflation and tension over Ukraine persisted. The S&P 500 rose 0.09% to 4,475.01. The Dow Jones fell 0.16% to 34,934.27...
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FTSE 100 turns red as inflation reaches a 30-year high
February 17, 2022 02:11 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market came under pressure on Wednesday following the report of a record surge in inflation, which rose to the highest level since March 1992. The annual inflation rate in January 2022 was at 5.5%, above the market estimates o...
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US stocks break three-day losing streak, RESN, SPCE fly high
February 16, 2022 09:10 AM AEDT| By Versha JainBenchmark US indices reversed their three-day losing streak on Tuesday, February 15, after broad gains across sectors amid Russia’s decision to withdraw troops from the Ukraine border. The S&P 500 surged 1.58% to 4,471.07. The Dow Jo...
UK market rebound amid ease in Russian-Ukraine tensions
February 16, 2022 02:19 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market rebounded from last session’s fall on Tuesday amid upbeat investor sentiments following the news that the Russian troops positioned on the Ukraine border will return to their bases after completing drills. The blu...
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US stocks plunge amid Ukraine fears; SU, MRNA among top losers
February 15, 2022 09:16 AM AEDT| By Versha JainBenchmark US indices were down for the second consecutive session on Monday, February 14, amid rising Russia-Ukraine tension and lingering fears over Fed’s possible interest rate hikes. The S&P 500 declined 0.38% to 4,401.65. The Dow Jones...
Global selloff drives UK market lower, Evraz down over 30%
February 15, 2022 03:12 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market has plunged on Monday, tailing the global market selloff because of the heightened tension between Russia and Ukraine. The blue-chip FTSE 100 index is down by over 1.3%, while the mid-cap focused FTSE 250 index is down...
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US stocks slip as oil prices rise to 8-year high; KOS, XOM top gainers
February 12, 2022 09:43 AM AEDT| By Versha JainBenchmark US indices slipped into the red on Friday, February 11, as oil prices surged to an eight-year high, further adding to the inflationary pressure a day after the crushing CPI data. The S&P 500 fell 1.90% to 4,418.49. The Dow Jones declin...
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UK stock market extends bearish trend, FTSE 100 loses over 0.5%
February 12, 2022 04:03 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock markets have extended their bearish trend for the second day in a row on Friday, reacting to the selloff in the global stock market after the higher-than-expected US inflation data that was announced yesterday. The rising infl...
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FTSE 100 loses steam, slips from the two years high level
February 11, 2022 02:39 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market is witnessing some profit-taking on Thursday after hitting a two-year high in the last session. The blue-chip FTSE100 index was down by 0.26%, while the mid-cap focused FTSE250 index has also lost 0.30%. Most travel and...
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FTSE 100 moves higher, packaging stocks Mondi, Smurfit in demand
February 10, 2022 02:00 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market picked up the pace on Wednesday, with the blue-chip FTSE 100 index moving up by 0.75%. Solid results from the paper and packaging firm Smurfit Kappa Group (2.45%) lifted the entire sector and many packaging companies we...
UK market shows a quiet trade, BP reports record profit
February 09, 2022 02:04 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock markets showed a sideways trade on Tuesday. The blue-chip FTSE 100 index is up by 0.25%, led by the mining stocks like Anglo American Plc (3.27%), Evraz Plc (3.08%), Rio Tinto Plc (2.43%), while the mid-cap focused FTSE 250 in...
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