Daily market update

Tesco’s hard work isn’t enough to stop profits falling, while luxury goods provide a small sparkle to a flat UK market

Tesco

“Tesco must be frustrated at the fact it has pulled out all the stops to serve the nation during the pandemic, yet earnings...

Wed, 14/04/2021 - 09:28

JD Sports shows resilience despite competition heating up, while the FTSE 100 goes nowhere

JD Sports

“A big crowd outside one of JD Sports’ London stores yesterday illustrates how consumers are eager to get their kicks from...

Tue, 13/04/2021 - 09:29

Retail stocks fall as shops reopen, Darktrace hopes to avoid Deliveroo IPO curse, and markets in Europe and Asia retreat

Retail and leisure reopening

“The presence of snow in parts of the country was a nasty surprise as retailers and leisure operators opened their doors...

Mon, 12/04/2021 - 10:11

FTSE eases back after strong run, Frasers warns of hit to asset values and TUI seeks more lifeline money

“Markets can be stubborn beasts and headlines such as ‘US stocks hit new record high’ can be a hard act to follow,” says Danni Hewson,...

Fri, 09/04/2021 - 10:36

Fed lifts FTSE as Anglo American ditches coal, ASOS looks to hold on to pandemic gains

“The latest indication from the US Federal Reserve that it has no intention of lifting interest rates anytime soon helped set the FTSE 100 on...

Thu, 08/04/2021 - 09:55

Toshiba bid to spark wider M&A speculation as unconditional trading in IPO flop Deliveroo begins, Saga demonstrates its resilience despite pandemic disruption

“While many of us may still be feeling a bit sluggish after a bank holiday spent consuming mountains of chocolate – there’s no sign of...

Wed, 07/04/2021 - 10:22

FTSE plays catch up after US stocks hit yet another record high

“The FTSE 100 was playing catch up after the Easter break, enjoying strong gains after global stocks rallied hard on Monday, supported by strong US...

Tue, 06/04/2021 - 09:48

Markets pick up ahead of Easter and Next continues to be a retail winner

“It seems investors are very much of the mind that it is still worth backing companies that will benefit from the reopening of the global...

Thu, 01/04/2021 - 09:50

Deliveroo’s IPO disappointment earns it the nickname Flopperoo and the FTSE looks set for tepid end to the quarter

Deliveroo

“Deliveroo has gone from hero to zero as the much-hyped stock market debut falls flat on its face. It had better get used to...

Wed, 31/03/2021 - 10:09

FTSE makes gains as Archegos worries ease, and Royal Mail is still riding the lockdown parcels boom

“Two recent worries for the market seemed to have eased on Tuesday with the Suez Canal finally unblocked and concern over the Archegos family office...

Tue, 30/03/2021 - 10:07

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