Daily market update

FTSE 100 hit by Ashtead warning, takeover talk surrounds Halfords and Musicmagpie

“It’s rare to see construction rental group Ashtead issue a profit warning so when one does come along, it’s natural for the share price to...

Mon, 20/11/2023 - 11:10

FTSE 100 higher despite weak retail sales, Asian stocks slide as Alibaba ditches cloud spin-off, London Stock Exchange Group underwhelms and new boss for Marston’s

“The FTSE 100 shrugged off a weak showing for Asian shares overnight and softer than expected UK retail sales to trade firmly higher on Friday,...

Fri, 17/11/2023 - 10:50

FTSE 100 consolidates recent gains, losses pile up for Royal Mail owner, Burberry warns, takeovers for Hotel Chocolat and City Pub

“The FTSE 100 was flat on Thursday, consolidating its recent gains as investors await the next big push in any particular direction,” says AJ Bell...

Thu, 16/11/2023 - 10:17

FTSE 100 follows up yesterday’s strong gains with further progress as UK inflation comes in below forecasts, SSE ups capital investment plans and Experian posts strong profit

“The FTSE 100 maintained the head of steam it had built up on Tuesday afternoon as UK inflation followed yesterday’s US reading and came in...

Wed, 15/11/2023 - 09:52

Imperial Brands grows profits, Vodafone still in a mess and Glencore seals Teck coal deal

“The FTSE 100 dipped on Tuesday as investors awaited the latest inflation reading from the US,” says AJ Bell investment director Russ Mould.

“US markets...

Tue, 14/11/2023 - 09:36

FTSE 100 takes cue from Friday’s US gains, orders continue to flow at BAE Systems and Royal Mail owner fined

“The FTSE 100 made strong progress on Monday morning, following on from gains on Wall Street on Friday,” says AJ Bell Investment Director Russ Mould....

Mon, 13/11/2023 - 09:50

FTSE 100 slips as Powell pushes back on rates, FTSE 250 sharply lower, Diageo slumps on profit warning and Redrow says annual results to be at lower end of guidance

“As US stocks snapped their recent winning streak overnight it was always likely European markets would follow their cue and, sure enough, the FTSE 100...

Fri, 10/11/2023 - 10:15

Markets retreat on mixed corporate updates from the likes of Flutter and The Works, Arm’s post-IPO disappointment doesn’t bode well and Disney beats expectations amid Peltz pressure

“The market has been flooded with corporate news and to call the results and trading updates a mixed bag is putting it lightly,” says Russ...

Thu, 09/11/2023 - 09:57

FTSE 100 flat despite US gains, Marks & Spencer is on a roll and ITV hit by advertising downturn

“The FTSE 100 may have recovered from the lows seen in late October, as investors react positively to the latest decisions and noises from central...

Wed, 08/11/2023 - 09:41

FTSE 100 lower, Persimmon lifted, Associated British Foods impresses, Watches of Switzerland showing resilience and Direct Line getting back on track

“While signs of a softer economy in the US are typically taken as a positive by markets as they anticipate an end to their trial...

Tue, 07/11/2023 - 10:10

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