London close: Stocks mixed as investors watch Middle East newsflow
19th Apr 2024 16:56
(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.
Read moreLondon close: Stocks slip on renewed geopolitical tensions
15th Apr 2024 15:39
(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.
Read moreLondon close: Stocks finish lower as ECB stands pat
11th Apr 2024 15:56
(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.
Read moreLondon close: Stocks finish lower as US payrolls top forecasts
5th Apr 2024 15:22
(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawkish remarks from Federal Reserve officials, and escalating tensions in the Middle East.
Read moreJPMorgan puts IAG on 'positive catalyst watch' ahead of Q1 results
27th Mar 2024 10:28
(Sharecast News) - JPMorgan Cazenove placed shares of BA and Iberia owner IAG on 'positive catalyst watch' on Wednesday ahead of first-quarter results and following minor changes to estimates published yesterday.
Read moreLondon close: Stocks rise as BoE keeps rates on hold
21st Mar 2024 16:33
(Sharecast News) - London markets closed higher on Thursday, sustaining gains after the Bank of England adhered to expectations by maintaining interest rates at a 16-year high.
Read moreRBC Capital upgrades IAG to 'outperform'
21st Mar 2024 09:09
(Sharecast News) - RBC Capital Markets upgraded BA and Iberia owner IAG on Thursday to 'outperform' from 'sector perform' and lifted the price target to 220p from 200p.
Read moreLondon close: Stocks finish mixed after Reckitt compo blow
15th Mar 2024 15:07
(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.
Read moreLondon close: Stocks finish higher after Hunt's Spring Budget
6th Mar 2024 15:02
(Sharecast News) - London's stock markets closed in positive territory on Wednesday, as investors absorbed the Chancellor's Spring Budget announcement of a 2p reduction in National Insurance.
Read moreIAG flies higher after double upgrade to 'overweight' by JPMorgan
6th Mar 2024 08:45
(Sharecast News) - BA and Iberia owner IAG flew higher on Wednesday as JPMorgan Cazenove double upgraded the shares to 'overweight' from 'underweight' and lifted the price target to €2.50 from €1.45.
Read moreIAG profits fly past pre-pandemic levels on strong leisure demand
29th Feb 2024 07:08
(Sharecast News) - British Airways owner IAG on Thursday more than doubled annual profit as demand continued to rebound from the effects of the Covid pandemic.
Read moreThursday preview: Inflation data, IAG in focus
28th Feb 2024 13:39
(Sharecast News) - Should the Federal Reserve begin to reduce interest rates in June?
Read moreLondon close: Stocks manage gains despite UK recession news
15th Feb 2024 14:55
(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.
Read moreLondon close: Stocks mixed as US payrolls come in red-hot
2nd Feb 2024 16:59
(Sharecast News) - London's stock markets closed with mixed results on Friday, as investors were confronted by an unexpectedly strong US labour market as revealed in the latest US non-farm payrolls report.
Read moreLondon close: Stocks rise on positive UK economic data
12th Jan 2024 15:39
(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.
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