Sector movers: Supermarkets and food retailers nudge London market higher
10th Jun 2015 15:57
Healthy trading in supermarket and food related stocks led the London market back into the green on Wednesday. The blue chip FTSE 100 closed up by 1.13% or 76.47 points at 6,830.27 points having been greeted by positive news from supermarkets. Market leader Tesco (up 4.63%) saw its shares surge on r
Read moreTuesday newspaper round-up: HSBC, Supermarkets, Pets at Home
9th Jun 2015 07:01
HSBC is to cut up to 25,000 jobs around the world - including as many as 8,000 in the UK - as its chief executive, Stuart Gulliver, embarks on a fresh strategy to reduce costs and bolster returns to shareholders. Gulliver has already cut the total head count to 257,000 from 296,000 but on Tuesday si
Read moreFTSE 100 movers: Diageo surges on bid speculation, miners lower
8th Jun 2015 13:49
UK stocks were trading slightly higher on Monday, led by strength in the telecommunications, construction and transport sectors. As of 15:15 BST, the FTSE 100 was trading 0.17% higher at 8,816. Diageo led the risers following media reports of bid interest over the weekend. 3G Capital, which is owne
Read moreFTSE 100 movers: Supermarkets lower, oil and mining stocks surge
5th Jun 2015 12:57
UK stocks were trading firmly in the red on Friday, as Greece missed the deadline for its €300m payment and OPEC decided against curbing oil production. Sector-wise, gains made by oil stocks and miners were offset by weakness across construction and food retailer stocks. As of 14:00 BST, the FTSE 1
Read moreWm Morrison may hang on to FTSE 100 spot after Kantar data rally
3rd Jun 2015 15:16
Wm Morrison was all set to be kicked out of the FTSE 100, but thanks to strong sales growth data from Kantar Worldwide, which helped the shares to firm on Tuesday, it looks as though it will be able to hold on to its spot in London's top-flight index. According to the Kantar data, Britain's fourth-l
Read moreFTSE 100 movers: supermarkets, tobacco and mining stocks rebound
3rd Jun 2015 13:24
UK stocks were trading higher on Wednesday afternoon, led by gains in the construction, food retail and engineering sectors. As of 14:30 BST, the FTSE 100 was trading 0.46% points higher at 6,960. Morrisons and Sainsbury extended gains, following Tuesday's positive sentiment from Kantar Worldpanel,
Read moreFTSE 100 movers: British American Tobacco fizzles, metals miners strong
2nd Jun 2015 14:00
London stocks dipped on Tuesday afternoon, as investors kept a close eye on developments in Greece and tobacco, property and utility stocks dragged. As of 15:00 BST, the FTSE 100 was trading 0.33% lower at 6,930.47 British American Tobacco topped the fallers after a class-action lawsuit in Canadafo
Read moreTesco sales fall as Morrisons returns to growth and discounters Lidl and Aldi expand
2nd Jun 2015 10:47
Tesco continued to lose market share and saw its sales slump 1.3% in recent weeks, according to fresh supermarket data from Kantar Worldpanel, as Morrisons returned to growth and discounters Aldi and Lidl continued to surge. Grocery market figures for the 12 weeks ending 24 May showed Morrisons was
Read moreSunday newspaper round-up: Government supplier clampdown, UK banks' Fifa fears, Lloyds sale
31st May 2015 15:58
Companies that supply services to the government are going to feel the screw tightened on them as the Cabinet Office clamps down, the Sunday Times said. The office has begun to demand its biggest contractors, which include BAE Systems, Babcock, Serco and G4S, to report on revenue and profit margins
Read moreLondon close: Stocks end lower on Greek worries
29th May 2015 17:42
Shares ended the week on a down note, as worries over Greece continued to weigh on investors' minds. Even so, speaking after the close of markets the Mediterranean country's economics minister, Giorgios Stathakis, said Athens will be able to repay the first tranche of its loans to the IMF on 5 June.
Read moreSector Movers: Miners, foods retailers send London market lower
29th May 2015 15:47
London market slipped back into the red on Friday trading, with miners and food retailers bearing the brunt of the selloff. The FTSE 100 came in at 6984.43 down 0.80% or 56.49 points, as traders indulged in an end of the week profit taking spree as Thursday's gainers in the shape of bankable tobacco
Read moreFTSE 100 movers: Mondi surges on strong profits, Admiral hit by CEO resignation
13th May 2015 13:15
UK stocks rebounded on Wednesday, driven by the Bank of England pushing back rate-hike predictions and a dip in unemployment. Sector-wise, property stocks extended gains, while miners and supermarkets dipped. As of 02:10, the FTSE 100 was trading 9 points, or 0.28% higher at 6,954, with Mondi toppin
Read moreFriday broker round-up
8th May 2015 10:42
IMI: JP Morgan reiterates overweight. ITV: Westhouse Securities reiterates add and 288p target. Aviva: Canaccord Genuity reiterates buy and 600p target. Randgold Resources: Credit Suisse reiterates neutral and 5,050p target. UBS stays at buy with 5,600p target. Provident Financial: Canaccord Genu
Read moreThursday broker round-up
7th May 2015 16:39
Morrison: Shore Capital reiterates buy. Direct Line Insurance Group: Canaccord Genuity reiterates buy and 350p target. BAE Systems: Charles Stanley reiterates accumulate. GlaxoSmithKline: UBS reiterates buy and 1,700p target. Aviva: Panmure Gordon reiterates buy and raises target to 660p from 600
Read moreLondon close: Late rally not enough as UK stocks fall on election day
7th May 2015 16:33
Stocks rallied off five-week lows on Thursday afternoon but still finished firmly in the red, as election-day jitters in the UK and volatility in the European bond markets weighed on sentiment. The FTSE 100 ended the session down 0.67% at 6,886.95 having dropped as much as 1.8% in the morning sessio
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