Daily market update

FTSE 100 firm despite weakness in Asia, Elliott pulls out of takeover battle for Currys, Bidstack appoints administrators and LoopUp to delist

“The FTSE 100 overcame a modest drop at the open to trade broadly flat after weakness in the US last Friday and subsequent falls in...

Mon, 11/03/2024 - 11:24

FTSE 100 lower despite gains in US and Asia, non-farm payrolls in focus, Informa nearly doubles dividend, Costco hit by revenue miss and Frasers burned by Matches setback

“The FTSE 100 dipped despite a strong showing in Asia and the US last night, dragged lower by some heavyweights like Rio Tinto and AstraZeneca...

Fri, 08/03/2024 - 10:26

FTSE 100 lower, Virgin Money in takeover talks, Marks & Spencer co-CEO leaving, big ad decline at ITV, Aviva results please investors, Darktrace impresses and Entain hit by regulation

“The FTSE 100 dipped at the open to continue its rather lackadaisical progress over the last month, with investors awaiting a catalyst which might push...

Thu, 07/03/2024 - 12:00

UK markets move higher amid chatter about ‘British ISA’ and contrasting fortunes for construction sector ahead of Budget

“Has the prospect of a British ISA fired up the UK stock market? Speculation is rife that Chancellor Jeremy Hunt will unveil plans at the...

Wed, 06/03/2024 - 10:49

Ashtead hit by third quarter slowdown, Greggs declared king of breakfast and Travis Perkins slashes dividend

“Equities retreated for a second day in a row as investors shrugged off new stimulus measures from China and waited nervously for new economic data...

Tue, 05/03/2024 - 15:51

FTSE 100 lower after Nikkei breaks through 40,000, Bitcoin close to record level and Hipgnosis Songs Fund hit by valuation and dividend shock

“After starting on the front foot, the FTSE 100 dipped in a seesaw start to the session. The index was dragged lower by financials ahead...

Mon, 04/03/2024 - 09:59

S&P 500 set for 16th weekly rise in past 18 weeks, Rightmove losing estate agency customers, ITV exits streaming venture with BBC

“The US stock market is on track to end the week on another positive note, extending a stellar run since autumn 2023, with both the...

Fri, 01/03/2024 - 11:32

FTSE 100 ticks higher ahead of key US inflation reading, Ocado makes progress with solutions business and International Consolidated Airlines profit above pre-pandemic levels

“The FTSE 100 ticked higher on Thursday morning after moderate weakness in the US overnight and mixed trading in Asia,” says AJ Bell Investment Director...

Thu, 29/02/2024 - 11:19

Reckitt crashes on sales miss, Vodafone in talks to sell Italian arm and Halfords breaks down after another profit warning

“The FTSE 100 managed to avoid being dragged down too far by Reckitt’s disappointing fourth quarter numbers which also triggered a minor sell-off in ...

Wed, 28/02/2024 - 09:59

FTSE 100 lifted by miners, more talk about Shein choosing to list in the UK and key Disney executive departs

“The FTSE 100 ticked higher on Tuesday, despite modest losses on Wall Street overnight, as markets found a moment of calm after a series of...

Tue, 27/02/2024 - 10:09

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