Market updates
FTSE 100 tumbles as oil prices hit nine-month low
September 07, 2022 10:42 PM AEST | By Abhishek SharmaUK Market:,The UK stock market slumped on Wednesday as global oil prices hit a nine-month low amid fears of weak demand. At about 1:00 pm GMT+1, the b...
FTSE 100 registers gains as Liz Truss takes over as UK prime ministe...
September 06, 2022 10:45 PM AEST | By Abhishek SharmaUK Market:,The UK stock market was in an upbeat mood after the country got a new prime minister on Tuesday. Liz Truss, who served as the foreign secre...
FTSE 100 slides as UK gets new PM
September 05, 2022 11:27 PM AEST | By Rishika RainaThe elections for the new PM came during a rough time when the country is struggling with an escalating cost of living crisis and industrial turmoil a...
FTSE 100 moves higher while housebuilding stocks slide
September 02, 2022 11:13 PM AEST | By Rishika RainaMoving away from UK assets in the current environment, investors started dumping housebuilding stocks.
FTSE 100 sees sharp decline as investors fret over recession fears
September 01, 2022 10:43 PM AEST | By Abhishek SharmaUK Market:,The UK stock market started the month in red and hit a six-month low on Thursday as investors continue to exercise caution over recession f...
FTSE 100 descends as brent crude weakens
August 31, 2022 11:09 PM AEST | By Rishika RainaOil giants like BP and Shell suffered from losses as brent crude fell to $96 per barrel.
FTSE 100 moves higher, led by oil and bank stocks
August 30, 2022 11:40 PM AEST | By Rishika RainaBanks were up amidst the outlook of more interest rate hikes by the Fed as well as other hawkish central banks.
FTSE100 reverses early gains ahead of US Fed Reserve chief's speech
August 26, 2022 11:11 PM AEST | By Abhishek SharmaUK Market:,The UK stock market reversed the gains made at the start of the bell on Friday as investors awaited the US Federal Reserve chief Jerome Pow...
FTSE 100 moves higher after a three-day losing streak
August 25, 2022 11:45 PM AEST | By Rishika RainaThe index broke a three-day losing streak as Asian markets trailed Wall Street’s run by entering the positive zone.
UK market trades in red as fears of recession continue
August 24, 2022 11:09 PM AEST | By Abhishek SharmaUK Market:,The UK stock market remained weak on Wednesday as investors exercised caution over the fears of an imminent recession. The benchmark FTSE 1...
FTSE 100 slides as sterling pressure continues
August 23, 2022 11:40 PM AEST | By Rishika RainaThe US dollar has also hit a fresh 20-year record level against the euro.
FTSE 100 trades lower as investors fret over inflation forecasts
August 22, 2022 10:53 PM AEST | By Abhishek SharmaUK Market:,The UK stock market started the week on a weaker note amid forecasts of the economy hitting record inflation. At about 1 pm GMT+1, the benc...
FTSE 100 slides amid plunging consumer confidence
August 19, 2022 11:54 PM AEST | By Rishika Rainalatest ONS figures have shown that retail sales volumes grew in July by an unanticipated 0.3%
UK market flat as inflation fears continue to grip investors
August 18, 2022 11:32 PM AEST | By Abhishek SharmaUK Market:,The UK stock market traded a little over the opening levels as investors exercised caution after inflation reached double digits in July. A...
FTSE 100 dragged down as real wages take a hit
August 18, 2022 12:07 AM AEST | By Rishika RainaFTSE 100 has gone down as ONS figures showed fall in real wages.
UK market in upbeat mood despite gloomy data on wages
August 16, 2022 10:54 PM AEST | By Abhishek SharmaUK Market:,The UK stock market traded in an upbeat mood on Tuesday even as new data on jobs painted a gloomy outlook. Boosted by mining stocks, the be...
FTSE 100 in green despite economic contraction
August 12, 2022 11:17 PM AEST | By Abhishek SharmaUK Market:,The UK stock market traded in positive territory on Friday despite the latest numbers showing an economic contraction. In the afternoon, th...
FTSE 100 dragged down by Rio Tinto and healthcare stocks
August 11, 2022 11:26 PM AEST | By Rishika RainaMining giant Rio Tinto was one of the largest drags on the index.
FTSE 100 trades flat as consumer confidence sees uptick in July
August 10, 2022 11:44 PM AEST | By Abhishek SharmaUK Market:,The UK stock market traded flat on Wednesday as investors awaited the US inflation data. In the afternoon, the benchmark FTSE 100 index was...
FTSE 100 moves higher as retail sales surge
August 09, 2022 11:54 PM AEST | By Rishika RainaRetail sales in the UK had gone up by 1.6% on a like-for-like basis in the month of July.
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