Daily market update

UK markets stand firm, positive retail sales surprise lifts ASOS and Boohoo, and M&A juggernaut keeps trucking

“Investors may feel as if they’ve been soaked by a torrential shower given the state of the markets this year. Look closer and it’s clear...

Fri, 20/05/2022 - 10:00

Target triggers retail rout and sends stocks tumbling, National Grid posts £4 billion profit, EasyJet aiming for pre-pandemic passenger numbers and Royal Mail at a crossroads

“After the Walmart wobble on Tuesday, Target struck terror into the hearts of the US retail sector and was a big contributing factor...

Thu, 19/05/2022 - 09:27

UK stocks shrug off inflation figures, slimmed-down Aviva shines, Premier Foods to lift prices, and Burberry and Watches of Switzerland show the rich are still spending

“Investing is an expectations game so it’s not really a surprise that the market has shrugged off the highest levels of inflation in the...

Wed, 18/05/2022 - 11:01

FTSE higher, Imperial Brands impresses and Land Securities reports record leasing in central London offices

“This is not the message you want to hear from the Bank of England Governor. Andrew Bailey as a latter-day King Canute has told...

Tue, 17/05/2022 - 09:30

Vodafone brings more excitement to telecoms sector, Greggs warns of cost pressures and Made.com hit by cost-of-living crisis


“Four years ago, the telecoms sector was deemed as dull as dishwater, with no sign of any excitement. Since then, we’ve had Vodafone...

Mon, 16/05/2022 - 11:08

FTSE recovers after recession rout, bitcoin bounces back and Sage impresses

“After the recession rout there was a calmer feel to market proceedings on Friday,” says AJ Bell Investment Director Russ Mould.

“A late recovery...

Fri, 13/05/2022 - 09:51

FTSE slumps, JD Sports holds firm, Rolls-Royce’s good news ignored, and BT agrees sport venture

“The FTSE 100 tumbled after weak UK GDP numbers and higher than expected US inflation figures stoked fears about a global economic slowdown. Investors...

Thu, 12/05/2022 - 11:13

Gas prices surge in Europe, TUI reports strong recovery and Compass lifts revenue guidance

“Another day, another reminder of the energy crisis facing Europe as Ukraine stems the flow of Russian gas,” says AJ Bell Investment Director Russ...

Wed, 11/05/2022 - 10:34

Dividend stocks to the rescue as European stocks avoid US slump

“After yet another miserable session in the US yesterday, Europe and pockets of Asia managed to avoid the rout and push ahead on Tuesday....

Tue, 10/05/2022 - 09:30

FTSE 100 weighed down by US, Chinese and Russian risks, Rightmove boss steps down, and Shaftesbury and Capital & Counties in merger talks

“The optimism that followed the US Federal Reserve meeting last Wednesday feels a long way off on Monday morning as the FTSE 100 dropped...

Mon, 09/05/2022 - 10:16