Market updates

FTSE 100 slips as UK gets a new PM

 FTSE 100 slips as UK gets a new PM

UK Market:,The UK market was in a mixed mood on Tuesday after the country got its third prime minister this year. At around 1:20 pm GMT+1, the blue-chip FTSE 100 index was down 0.78%, while the mid-cap-focused FTSE 250 was up 0.50%. This came after Rishi ...

Read More...

FTSE 100 falls as inflation hit 40-year high again

FTSE 100 falls as inflation hit 40-year high again

Bank of England is yet again under immense pressure to go for another rate hike soon.

Read More...
UK market in upbeat mood after Truss apologises for

UK market in upbeat mood after Truss apologises for "mistakes"

UK Market:,The UK market made strong progress on Friday, continuing its gains after yesterday's announcement from chancellor Jeremy Hunt to reverse the tax cuts. At about 1:00 pm GMT+1, the FTSE 100 was nearly 1.20% up, while the FTSE 250 was trading near...

Read More...
FTSE 100 moves higher as Hunt devours mini-budget

FTSE 100 moves higher as Hunt devours mini-budget

The Commons statement by Jeremy Hunt comprised of information about the medium-term fiscal plan anticipated to be released on 31 October.

Read More...
UK market rallies as Liz Truss sacks Kwasi Kwarteng as Chancellor

UK market rallies as Liz Truss sacks Kwasi Kwarteng as Chancellor

UK Market:,The UK market was in an upbeat mood on Friday after it was Kwasi Kwarteng confirmed that he has been sacked as the Chancellor. At around 1:20 pm GMT+1, the FTSE 100 index was trading nearly 1% higher, while the FTSE 250 index was 1.48% higher. ...

Read More...
FTSE 100 moves higher after closing at an 18-month low last night

FTSE 100 moves higher after closing at an 18-month low last night

Following strong declines in banking and housebuilding stocks, the FTSE 100 index closed at an 18-month low yesterday.

Read More...
UK market tumbles as traders digest gloomy data on economy

UK market tumbles as traders digest gloomy data on economy

UK Markets:,The UK market was down on Wednesday following the latest numbers on UK's Gross Domestic Product (GDP). At around 1:30 pm GMT+1, the FTSE 100 was down 0.30%, while the mid-cap-focused FTSE 250 was more than 0.60% down. This happened as the late...

Read More...
FTSE 100 falls with 3.5% unemployment dip

FTSE 100 falls with 3.5% unemployment dip

UK unemployment rate continues to be at its lowest levels in almost 50 years

Read More...
UK market remains nervous as gilt yields rise

UK market remains nervous as gilt yields rise

UK Market:,The UK market was trading in red as investors were nervous over volatility in the market following the rising borrowing costs for the government. At around 1:30 pm GMT+1, the FTSE 100 index was trading 0.1% lower while the FTSE 250 was trading ...

Read More...
UK market muted amid gloomy outlook for economy

UK market muted amid gloomy outlook for economy

UK Market:,The UK market was mixed on Friday as investors continued to exercise caution over the country's economic outlook. At around 1:00 pm GMT+1, the benchmark index FTSE 100 was trading 0.15% higher, while the FTSE 250 was down 0.51%. Meanwhile, the ...

Read More...
FTSE 100 falls as oil prices move higher

FTSE 100 falls as oil prices move higher

brent crude futures remained close to $93 as traders assessed the contentious move of OPEC.

Read More...