Market updates

FTSE 100 tumbles after mini-budget announcements

 FTSE 100 tumbles after mini-budget announcements

Earlier today it was unveiled that GfK’s consumer confidence index dropped by five points in September to -49.

Read More...
FTSE 100 flat after BoE raises interest rates by 50 basis points

FTSE 100 flat after BoE raises interest rates by 50 basis points

UK Market News:,The UK stock market was muted on Thursday, with blue-chip FTSE 100 index trading at flat after the Bank of England (BoE) has raised UK interest rates for the sixth consecutive months by 50 basis points to 1.75%, biggest interest rate in 27...

Read More...
UK market reverses early losses, all eyes on interest rate decision

UK market reverses early losses, all eyes on interest rate decision

Highlights:,The UK market was trading in the green after reversing early morning losses.,All eyes are on the Bank of England's decision on the interest rate hike that'll be announced on 4 August.,UK Market News:,The UK stock market started on a weak note ...

Read More...
UK Stock market hit by global risk aversion: Supported by bumper earnings from BP

UK Stock market hit by global risk aversion: Supported by bumper earnings from BP

UK Market News:,The UK stock market slipped on Tuesday, with the blue-chip index edged higher as strong results from oil major BP Plc helped counter worries in global markets due to a flare-up in US-China tension. On the other hand, annual house price gro...

Read More...
FTSE 100 rallies on banking stocks rally after July rebound

FTSE 100 rallies on banking stocks rally after July rebound

UK Market News:,The UK stock market extended its winning run-on Monday, with blue-chip FTSE 100 index jumped by around half a percent, hitting its fresh seven-week highs as HSBC surged after providing an upbeat outlook. However easing inflation expectatio...

Read More...
UK market remains upbeat as financial stocks please investors with results

UK market remains upbeat as financial stocks please investors with results

UK Market:,The UK stock market remained upbeat on Friday, supported by gains in financial stocks. The benchmark index FTSE 100 was up by nearly 0.6% in the afternoon, while the mid-cap focused FTSE 250 rose 1.60%. This also marks the end of a significant ...

Read More...
FTSE 100 slides as Fed’s relief fades amid mixed earning updates

FTSE 100 slides as Fed’s relief fades amid mixed earning updates

some companies, including Shell and Centrica reported extraordinary profits owing to soaring commodity prices.

Read More...
FTSE 100 rises as Reckitt, Lloyd’s drive gains

FTSE 100 rises as Reckitt, Lloyd’s drive gains

UK Market News:,The UK stock market pushed higher on Wednesday, with the blue-chip FTSE 100 index held near one-month highs as strong forecasts from heavyweights Reckitt Benckiser and Lloyds Banking Group overshadowed concerns over a slowing economy and s...

Read More...
FTSE 100 extends gains, oil and mining stocks lead

FTSE 100 extends gains, oil and mining stocks lead

Oil stocks, BP and Shell, and mining stocks, Antofagasta and Glencore, gave a boost to the index.

Read More...
UK market reverses early losses, banking stocks shine

UK market reverses early losses, banking stocks shine

UK Market News:,The UK stock market started on a weak note on Monday but quickly reversed the losses and held the gains. The lead index FTSE 100 was 0.20% higher as of 1:55 pm GMT+1, while the mid-cap focused FTSE 250 was 0.23% up at the same time. Among ...

Read More...
FTSE 100 up despite fall in UK factory output

FTSE 100 up despite fall in UK factory output

UK Market News:,The UK stock market was slightly up on Friday, with the blue-chip FTSE 100 index gaining around 0.22%. The S&P Global’s Purchasing Managers’ Index (PMI), covering services and manufacturing firms, fell to 52.8, its lowest since February 20...

Read More...