Market updates


 FTSE 100 tumbles as oil prices hit nine-month low

FTSE 100 tumbles as oil prices hit nine-month low

September 07, 2022 10:42 PM AEST | By Abhishek Sharma

UK 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 minister

FTSE 100 registers gains as Liz Truss takes over as UK prime ministe...

September 06, 2022 10:45 PM AEST | By Abhishek Sharma

UK 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

FTSE 100 slides as UK gets new PM

September 05, 2022 11:27 PM AEST | By Rishika Raina

The 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

FTSE 100 moves higher while housebuilding stocks slide

September 02, 2022 11:13 PM AEST | By Rishika Raina

Moving away from UK assets in the current environment, investors started dumping housebuilding stocks.

 FTSE 100 sees sharp decline as investors fret over recession fears

FTSE 100 sees sharp decline as investors fret over recession fears

September 01, 2022 10:43 PM AEST | By Abhishek Sharma

UK 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

FTSE 100 descends as brent crude weakens

August 31, 2022 11:09 PM AEST | By Rishika Raina

Oil 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

FTSE 100 moves higher, led by oil and bank stocks

August 30, 2022 11:40 PM AEST | By Rishika Raina

Banks 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

FTSE100 reverses early gains ahead of US Fed Reserve chief's speech

August 26, 2022 11:11 PM AEST | By Abhishek Sharma

UK 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

FTSE 100 moves higher after a three-day losing streak

August 25, 2022 11:45 PM AEST | By Rishika Raina

The 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

UK market trades in red as fears of recession continue

August 24, 2022 11:09 PM AEST | By Abhishek Sharma

UK 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

FTSE 100 slides as sterling pressure continues

August 23, 2022 11:40 PM AEST | By Rishika Raina

The US dollar has also hit a fresh 20-year record level against the euro.

 FTSE 100 trades lower as investors fret over inflation forecasts

FTSE 100 trades lower as investors fret over inflation forecasts

August 22, 2022 10:53 PM AEST | By Abhishek Sharma

UK 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

FTSE 100 slides amid plunging consumer confidence

August 19, 2022 11:54 PM AEST | By Rishika Raina

latest 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

UK market flat as inflation fears continue to grip investors

August 18, 2022 11:32 PM AEST | By Abhishek Sharma

UK 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

FTSE 100 dragged down as real wages take a hit

August 18, 2022 12:07 AM AEST | By Rishika Raina

FTSE 100 has gone down as ONS figures showed fall in real wages.

 UK market in upbeat mood despite gloomy data on wages

UK market in upbeat mood despite gloomy data on wages

August 16, 2022 10:54 PM AEST | By Abhishek Sharma

UK 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

FTSE 100 in green despite economic contraction

August 12, 2022 11:17 PM AEST | By Abhishek Sharma

UK 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

FTSE 100 dragged down by Rio Tinto and healthcare stocks

August 11, 2022 11:26 PM AEST | By Rishika Raina

Mining giant Rio Tinto was one of the largest drags on the index.

 FTSE 100 trades flat as consumer confidence sees uptick in July

FTSE 100 trades flat as consumer confidence sees uptick in July

August 10, 2022 11:44 PM AEST | By Abhishek Sharma

UK 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

FTSE 100 moves higher as retail sales surge

August 09, 2022 11:54 PM AEST | By Rishika Raina

Retail 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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