London midday: Markets await Fed as data turns heat up on MPC
18th Dec 2013 11:16
- Taper speculation picks up ahead of Fed decision - MPC votes unanimously on policy, warns of sterling strength - UK unemployment falls to four-and-a-half-year low - Retailers under the weather techMARK 2,693.27 +0.32% FTSE 100 6,500.40 +0.22% FTSE 250 15,391.16 +0.28% UK markets held on to gains
Read moreLondon open: Markets edge higher despite taper uncertainty
18th Dec 2013 08:21
- Fed meeting in focus, decision due out after close - BoE minutes to be released this morning - M&S downgraded by UBS to 'neutral' - Oil stocks in focus after exploration updates techMARK 2,701.33 +0.62% FTSE 100 6,512.99 +0.41% FTSE 250 15,387.21 +0.25% Markets opened slightly higher on Wednesda
Read moreLondon close: Stocks pull back as investors await Fed decision
17th Dec 2013 16:36
- US inflation data in focus ahead of Fed meeting - UK inflation falls, Eurozone inflation picks up - Supermarket fall on competition from discounters - Car insurance is too high, claims Competition Commission techMARK 2,684.75 -0.05% FTSE 100 6,486.19 -0.55% FTSE 250 15,348.56 -0.23% UK markets p
Read moreFTSE 100 movers: Supermarkets drop, Admiral hit by car insurance concerns
17th Dec 2013 16:08
Supermarkets stocks were registering losses on Tuesday afternoon after a report from Kantar Worldpanel revealed that over half the UK shopped in either Aldi or Lidl during the 12 weeks to December 8th for the first time in history. The panel found that all of the Big Four grocers and with the Co-o
Read moreSector movers: Supermarkets hit by competitive pressures
17th Dec 2013 15:31
Retail stocks were off shopping lists on Tuesday with supermarkets firmly out of favour after a gloomy report from Kantar Worldpanel. The consumer knowledge agency revealed that over half the country shopped in either Aldi or Lidl during the 12 weeks to December 8th for the first time in history.
Read moreFriday newspaper round-up: US budget, JPMorgan, RBS...
13th Dec 2013 07:23
A US budget deal hailed as lifting the cloud of political dysfunction hanging over the world's largest economy cleared the House of Representatives with overwhelming support on Thursday evening, as leaders of both parties quashed dissent within their ranks. The legislation was passed by a margin of
Read moreLondon close: FTSE 100 finishes at eight-week low
5th Dec 2013 16:27
- FTSE 100 at lowest level since October 11th - Autumn Statement, BoE, ECB in focus - Eyes on jobs report ahead of Fed meeting - AZ Electronic soars after 1.6bn-pound offer from Merck techMARK 2,648.11 +0.15% FTSE 100 6,498.33 -0.18% FTSE 250 15,157.70 +0.20% UK markets traded broadly sideways on
Read moreFTSE 100 movers: Miners gain, supermarkets fall
5th Dec 2013 14:08
Mining stocks were performing well on Thursday as share prices recovered after a sell-off earlier in the week. Global diversified miner Vedanta Resources was a high riser as analysts at both AlphaValue and RBC Capital Markets upgraded their ratings for the stock. Other metal producers including An
Read moreLondon close: Resource-heavy FTSE 100 falls as metals' prices slump
2nd Dec 2013 16:43
- Taper speculation picks up ahead of non-farm payrolls - Global manufacturing figures beat forecasts - Miners sold off as metal prices fall - Supermarkets hit by competition fears techMARK 2,653.70 -0.76% FTSE 100 6,595.33 -0.83% FTSE 250 15,334.75 -0.85% London's FTSE 100 finished with moderate
Read moreFTSE 100 movers: Miners and supermarkets push lower
2nd Dec 2013 15:42
Mining stocks were under pressure as commodity prices declined with precious metals peers Fresnillo and Randgold tracking gold and silver lower early on. As well, in a research note issued today analysts at Citi wrote that: "We remain underweight the gold and base metals stocks and our least favoure
Read moreLidl to more than double UK stores as grocery competition intensifies
2nd Dec 2013 14:54
London-listed supermarket stocks were lacking some festive cheer on Monday after discount grocer Lidl announced plans to more than double the number of stores it has in the UK. UK Managing Directr Ronny Gottschlich said that the UK grocery market is entering a "new era" as it aims to expand to 1,50
Read moreSector movers: Tesco falls as rising competition hits supermarket stocks
2nd Dec 2013 14:26
Cautious broker comments and fears of rising competition in the supermarket sector sent share prices of the UK's top grocers lower on Monday morning, as retailers enter their busiest selling period of the year. Global retail chain Tesco was among the worst performers on London's FTSE 100 today afte
Read moreLondon midday: Markets fall, shrug off upbeat manufacturing data
2nd Dec 2013 11:24
- Markets lower ahead of data-heavy week - Non-farm payrolls, taper in focus - Investors shrug off positive manufacturing figures this morning - Broker downgrades hit Tesco, Aberdeen, Debenhams techMARK 2,659.11 -0.55% FTSE 100 6,610.41 -0.60% FTSE 250 15,380.56 -0.56% Markets in the UK and across
Read moreLondon midday: FTSE falls into negative territory
22nd Nov 2013 11:31
- FTSE falls into the red - TUI drags after stakeholder sells-up - Ofgem rejects cost-saving plans from five out of six firms techMARK 2,641.30 +0.22% FTSE 100 6,668.24 -0.20% FTSE 250 15,160.46 +0.08% The FTSE had retreated into the red by lunchtime, dragged lower by the mining sector and TUI Tra
Read moreLondon open: FTSE lifted by US data, German GDP in-line
22nd Nov 2013 08:20
- US jobless claims provide boost - German GDP in-line - Co-op Bank's former Chairman arrested techMARK 2,650.47 +0.57% FTSE 100 6,703.20 +0.33% FTSE 250 15,190.43 +0.28% Stocks were off to a generally good start this morning, buoyed by yesterday's US weekly jobless claims report, which revealed
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