London midday: Greek fears hit UK stocks as ECB kicks off QE
9th Mar 2015 11:56
UK stocks were trading in the red on Monday despite gains in the heavyweight mining sector as Greek fears dampened sentiment. London's FTSE 100 was down 0.63% at 6,868.56 by midday. Greece's new government has threatened that they could call a referendum or have early elections if the Eurozone reje
Read moreLondon open: Stocks decline on Greek fears, global trade data
9th Mar 2015 08:40
UK stocks fell on Monday morning on the back of renewed concerns about Greece, while investors digested the latest trade data from China and Germany. London's FTSE 100 was down 0.55% at 6,873.61 within the opening hour of trade. Greece's new government has threatened that they could call a referend
Read moreLondon close: Stocks inch lower as US data comes in mixed
27th Feb 2015 16:43
Despite setting a new intraday record just before the close, the FTSE 100 finished just a few points lower on Friday as investors took profits after a batch of mixed economic data from the States. The Footsie ended the session down 3.07 points at 6,946.66, down just 0.04% from the all-time closing h
Read moreFTSE 100 movers: IAG soars on higher operating earnings, Intu properties drops on lower rents
27th Feb 2015 14:56
British Airways owner International Consolidated Airlines flew to the top of the risers after reporting operating earnings 80.5% higher at £1.4bn for 2014, thanks partly to cheaper fuel, while its Iberia division swung from a loss to a profit. Chief executive Willie Walsh said the Spanish unit's "tu
Read moreLondon midday: FTSE flat on mixed earnings as Germany approves Greek extension
27th Feb 2015 11:50
UK stocks touched a new intraday record on Friday before slipping into the red, as investors treaded carefully on another busy day for corporate earnings and economic data. The FTSE 100 reached a new high of 6,960.00 early on, surpassing the previous intraday record reached on Tuesday, but had erase
Read moreLondon open: Stocks flat early on ahead of German vote and economic data
27th Feb 2015 08:27
Strong gains from Lloyds, IAG and Old Mutual were not enough to lift markets on Friday as UK stocks held steady near record levels. The FTSE 100 was trading 0.07% lower at 6,945.11, after having settled at an all-time closing high of 6,949.73 on Thursday. Markets were directionless early on ahead o
Read moreIntu maintains dividend as underlying earnings miss forecasts
27th Feb 2015 07:52
UK shopping centre owner Intu Properties said property valuations improved last year but a fall in rents led to slightly lower underlying earnings per share (EPS), as it held its dividend payment steady. The company, which owns the Trafford Centre in Manchester, reported underlying EPS of 13.3p for
Read moreLondon close: UK stocks finish flat as markets pause at 15-year high
18th Feb 2015 16:29
Renewed optimism surrounding Greece gave market sentiment a boost on Wednesday, though stocks had erased gains by the close as investors took profits with the FTSE 100 near its all-time high. The Footsie finished the session down just 0.05 points at 6,898.08, retreating after hitting an intra-day hi
Read moreSector movers: Intu and British Land lead real estate stocks lower
18th Feb 2015 14:55
Real estate groups were among the worst performers in London on Wednesday with broker downgrades hitting shares of heavyweights Intu Properties and British Land. Shopping centre owner Intu fell 3% to 365.2p after analysts at Barclays lowered their rating on the stock from 'equal weight' to 'underwei
Read moreLondon open: Stocks rise but FTSE 100 on track for annual decline
31st Dec 2014 08:54
London's stock market rose on Wednesday after a sell-off the previous session, but still looked set to finish 2014 in the red. The FTSE 100 was up 0.2% at 6,559 on the last trading day of the year, but has fallen around 2.8% since the start of January. For the month of December alone, the Footsie h
Read moreLondon close: Stocks inch higher in shortened session as Santa Rally continues
24th Dec 2014 12:46
The UK stock market closed a half-session in positive territory on Christmas Eve to extend its winning streak into the seventh straight day. With trading volumes low - many European markets were already closed for Christmas - London stocks were rangebound for most of the session as investors refrain
Read moreLondon midday: Stocks rise for seventh straight session ahead of Christmas break
24th Dec 2014 11:21
The UK stock market looked set to record its seventh straight day in positive territory on Christmas Eve, with just an hour to go before the end of a shortened session. The FTSE 100 was up just 0.1% at 6,603 by midday, trading within a narrow range as investors refrained from taking on too much risk
Read moreLondon open: Stocks edge higher on ahead of Christmas, Smith & Nephew jumps
24th Dec 2014 08:26
UK stocks posted their seventh straight day of gains on Wednesday, though upside was modest with markets winding down on a shortened Christmas Eve session. London's FTSE 100 was up 0.1% at 6,608 early on, having finished Tuesday at a two-week closing high of 6,598.18. With very few catalysts expect
Read moreLondon pre-open: Little change expected on shortened Christmas Eve session
24th Dec 2014 07:43
Wednesday is set to be a quiet session on the stock market in London with traders knocking off early on Christmas Eve ahead of a four-day break. City sources predict the FTSE 100 will open more or less flat on Tuesday's close of 6,598.18. This was the index's highest finish since 8 December after s
Read moreIntu Properties spends €451m on Spanish retail asset
24th Dec 2014 07:14
Real estate group Intu Properties has bought the Puerto Venecia shopping centre and retail park in Zaragoza, Spain, for €451m. The deal, with a fund managed by Orion Capital Managers, represents a net initial yield of 5% based on net rental income of €22.4m. Intu's development partner in Spain, Eur
Read more