Daily market update

Sirius Minerals setback for thousands of UK investors and Ocado customers increase order frequency

“European markets were fairly quiet on Tuesday with the FTSE 100 dipping 0.1% to 7,313. Oil prices retreated from yesterday’s sharp rally, albeit only slipping...

Tue, 17/09/2019 - 09:43

Oil price spike hurts investors and fuels expectations for higher inflation

“One would have thought a major spike in the oil price would lead to a surge in the FTSE 100 given how Royal Dutch...

Mon, 16/09/2019 - 09:52

SSE offloads retail arm and Wetherspoons profit disappoints

“The pound looked lively heading into the weekend with a 0.67% gain against the US dollar to $1.2415. London-listed companies with lots of overseas earnings...

Fri, 13/09/2019 - 09:29

Morrisons has fingers in many pies and US vaping crackdown hangs over British American Tobacco

“Trump’s decision to delay a planned tariff hike on $250 billion of Chinese goods has raised hopes among investors that relationships between the US and...

Thu, 12/09/2019 - 09:57

Sports Direct faces angry investors and is Peloton really worth $8.2 billion?

Sports Direct

“Retail kingpin Mike Ashley faces a crunch Sports Direct annual general meeting later with an expected shareholder rebellion against his re-election as...

Wed, 11/09/2019 - 09:26

JD Sports seeks to broaden its appeal and Bovis Homes has another go at buying part of Galliford Try

“Markets were mixed on Tuesday with Chinese shares slipping on the back of weak producer price data. The FTSE 100 dropped 0.4% to 7,209 as...

Tue, 10/09/2019 - 10:15

Lloyds' PPI nightmare is still haunting the bank, and Associated British Foods flags margin pressures at Primark

“The pound took a step back as the markets digested comment over the weekend that Boris Johnson will go to court to challenge law blocking...

Mon, 09/09/2019 - 09:49

UK markets still lagging behind and SIG is caught in a fierce storm

“Having overseas exposure has proved to be the winning strategy for investors so far this year, with the main UK market indices trailing behind most...

Fri, 06/09/2019 - 11:47

Utilities weigh on FTSE, BooHoo’s shares hit new record high, and bear raid in the rear view mirror for Future

“UK markets continued to be volatile with the FTSE 100 falling 0.3% to 7,286 with utility companies among the biggest contributors to the index’s decline....

Thu, 05/09/2019 - 10:07

Halfords is stuck in reverse gear and Dunelm is still on top form

“Boris Johnson’s Commons vote defeat put a new lease of life into the pound, sending the UK currency up 0.55% against the dollar at $1.2152...

Wed, 04/09/2019 - 09:34

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