Stocks in London were mostly lower at Friday midday, while the FTSE 250 turned to the red after Close Brothers shares fell as it announced it will appeal a court judgement to the UK Supreme Court. The FTSE 100 index traded down 10.40 points, 0.1%, at 8,258.98. The FTSE 250 was down 15.67 points, or 0.1%, at 20,774.88, and the AIM All-Share shed 1.80 points, 0.3%, at 723.85. The Cboe UK 100 was...

Shares in GSK (GSK) are down by around a fifth since May 2024 and languish near 12-month lows despite management upgrading sales and profit guidance in the first and second quarters and recently (10 Oct) settling 93% of outstanding Zantac litigation cases. The biopharmaceutical giant cannot seem to shake off the poor sentiment which hangs like a cloud over the shares, but this also means the ba...

Hard-pressed online fashion group Boohoo (BOO:AIM) has given a robust response to Frasers' (FRAS) bid to install Mike Ashley as its new CEO, questioning whether putting the retail tycoon in charge would be in the interests of shareholders other than Frasers. Boohoo's bombed-out shares ticked up 1% to 29p as the retailer batted back Frasers' criticism of its recent refinancing and said it is pre...

There was a strong sense of dejà vu this morning as NatWest (NWG) published better-than-expected third-quarter results and raised its outlook, just as it did at the half-year stage three months ago. Once again, the shares responded positively, gaining 17p or 5% to 378.5p taking them to the top of the FTSE 100 leader board and their highest level since before the pandemic. HELP FROM HEDGES For...

The S&P 500 snapped a three-day losing streak over the past week as Tesla (TSLA:NASDAQ) racked up its best day in over decade following the electric vehicle maker's better-than-expected quarterly results. Next week will be a big one for tech earnings with Alphabet (GOOG:NASDAQ), Microsoft (MSFT:NASDAQ), Meta Platforms (NASDAQ:META) and Amazon (MSFT:NASDAQ) and Amazon (AMZN:NASDAQ) are set to r...

European equities were on the decline early Friday, with water utilities hurting the FTSE 100, but NatWest limiting the damage. The FTSE 100 index traded down 6.76 points, 0.1%, at 8,262.62. The FTSE 250 was down 22.47 points, 0.1%, at 20,768.08, and the AIM All-Share was up just 0.12 of a point at 725.81. The Cboe UK 100 was down 0.1% at 827.45, the Cboe UK 250 was down 0.3% at 18,324.35, and...

The FTSE 100 managed to eke out minor gains on Thursday, ending four straight days of losses, while Chancellor Rachel Reeves confirmed fiscal changes are to come in next week's budget. The FTSE 100 index closed up 10.74 points, or 0.1%, at 8,269.382. The FTSE 250 ended down 39.38 points, or 0.2%, at 20,790.55, and the AIM All-Share lost 3.44 points, 0.5%, at 725.69. The Cboe UK 100 closed up 0....

Stocks in Europe were on the up heading into Thursday afternoon, shaking off some underwhelming UK data, with corporate earnings from some FTSE 100 heavyweights helping to lift the mood. The FTSE 100 index traded up 45.94 points, 0.6%, at 8,304.58. The FTSE 250 was up 37.81 points, or 0.2%, at 20,867.74, and the AIM All-Share added 0.80 of a point, 0.1%, at 729.93. The Cboe UK 100 was up 0.6% a...

Investors in Barclays (BARC) were treated to a triple helping of good news this morning as the bank beat estimates with its third-quarter results, raised its full-year net interest guidance slightly and its shares touched a new multi-year high. As of mid-morning, the shares were up 9.5p or 4% to 247.6p, their highest level since at least 2017, taking their gains for 2024 to 60% in total. TOP AN...

Consumer goods giant Unilever's (ULVR) shares rose 4% to £48.39 after the Dove-to-Domestos maker reported a fourth quarter of positive volume growth on the spin and reiterated its full year outlook. CEO Hein Schumacher has reinvigorated growth at the Marmite-to-Sunsilk maker, whose shares have materially outperformed the FTSE 100 this year, and the separation of Unilever's Ice Cream business i...

Embattled online fast-fashion retailer Boohoo (BOO:AIM) jumped 3% on news its largest shareholder Frasers (FRAS) has requisitioned a general shareholder meeting to appoint Mike Ashley as CEO. Ashley has published an open letter after being stone-walled by Boohoo's board in his attempts to meaningfully engage in discussions to address the company's 'leadership crisis', 'abysmal trading performan...

The FTSE 100 made a bright start on Thursday, looking to break a four-day losing run, supported by well received earnings. The advance in London follows weak trading on Wall Street, where pre-US election and interest rate nerves hit stocks. The FTSE 100 index traded up 55.66 points, 0.7%, at 8,314.30. The FTSE 250 was up 25.76 points, or 0.1%, at 20,855.69, and the AIM All-Share added 1.40 poin...

Stocks in London continued on their losing streak on Wednesday, as risk appetite was curbed by the upcoming UK budget, and the US presidential election. The FTSE 100 index closed down 47.90 points, or 0.6%, at 8,258.64. The FTSE 250 ended down 119.72 points, or 0.6%, at 20,829.93, and the AIM All-Share lost 5.03 points, 0.7%, at 729.13. The Cboe UK 100 closed down 0.6% at 826.94 on Wednesday, t...