Stock prices rose on Monday morning in London despite reports of new restrictions on the UK gambling sector and disappointing data from China, ahead of US consumer inflation expectations. The FTSE 100 index opened up 5.62 points, or 0.1%, at 8,259.69. The FTSE 250 was up 8.14 points at 20,772.98, and the AIM All-Share was up 0.78 points, or 0.1%, at 734.63. The Cboe UK 100 was down slightly at...

Stocks in London ended in the green on Friday, as the latest data pointed to slowing US producer price inflation. The FTSE 100 index closed up 15.92 points, or 0.2%, at 8,253.65. The FTSE 250 ended up 71.50 points, or 0.3%, at 20,779.87, while the AIM All-Share closed down 0.68 points, or 0.1% at 733.85. Over the week, the FTSE 100 lost 0.3%, while the FTSE 250 and the AIM All-Share lost 0.7% T...

Sainsbury's (SBRY) shares fell nearly 5% to 275p after the supermarket group said its biggest shareholder, the QIA (Qatar Investment Authority), had sold £306 million worth of shares at 280p each, a discount of around 3% to the prior closing price. Prior to the sale, QIA owned 14.2% of the FTSE 100 group. The timing of QIA's sale has spooked investors who are wondering why it would reduce its...

London's blue chip index was lower as Sainsbury's shares fell after its largest shareholder trimmed its stake in the supermarket chain, as investors await a producer prices print from the US. The FTSE 100 index was down 17.91 points, 0.2%, at 8,219.82. The FTSE 250 was down marginally at 20,704.76, and the AIM All-Share was slightly higher at 734.85. The Cboe UK 100 was down 0.2% at 823.63, the...

Saga (SAGA) was the top performer in the FTSE All-Share on Friday, rising by a tenth after the over 50s travel and insurance specialist revealed strong first-half profit growth, a reduction in debt and confirmed it was in exclusive talks with Belgian insurer Ageas (AGS:EBR) to sell its insurance underwriting arm. The shares are up around 37% over the last month and trade near six-month highs re...

Another winning week for US stocks shouldn't disguise the stickier than hoped for inflation that investors are seeing. US stocks retreated from record highs as headline inflation slowed on an annualised basis in September, but was still faster than expectations, providing the Federal Reserve with less impetus to cut interest rates at a fast pace. The consumer price index was 0.2% in September,...

Headhunter Hays (HAS) has had a hard time of late. Pre-tax profits plunged more than 90% in the year to June 2024 and the recruiter is on a losing streak of negative fee income growth amid a hiring slowdown. The FTSE 250 firm's fortunes failed to reverse in the first quarter of the new financial year, yet the depressed shares rallied 2.2% to 88p as Hays said it expects to 'benefit materially' o...

European stocks lacked direction on Friday morning after US consumer price inflation came in hotter-than-expected, while the pound picked up after the UK economy registered August growth. The FTSE 100 index traded up just 3.89 points at 8,241.62. The FTSE 250 added 21.78 points, 0.1%, at 20,730.15, and the AIM All-Share down just 0.03 of a point at 734.50. The Cboe UK 100 was up 0.1% at 825.80,...

Stocks in London closed in the red on Thursday, following a mixed bag of economic data from the US, with inflation surprising to the upside while jobless claims came in higher than expected. The FTSE 100 index closed down 6.01 points, 0.1%, at 8,237.73. The FTSE 250 ended 114.01 points lower, 0.6%, at 20,708.37, and the AIM All-Share fell 2.13 points, 0.3%, to 734.53. The Cboe UK 100 ebbed 0.1%...

London's blue chips faded after a bright start to trade in the red at midday on Thursday, ahead of US inflation data later in the session. The FTSE 100 had made a positive start, before some pre-US data nerves kicked in. The more tepid trade in Europe came despite equities in China ending the day in the green on supportive measures from the nation's central bank. The Shanghai Composite rose 1.3...

Shareholders in knocked-down FTSE 250 fintech Auction Technology (ATG) were waving their arms in the air after the firm posted a positive update on trading for the full year to the end of September. Having slowly but steadily lost more than three quarters of their value since their highs above £16 in 2021, the shares jumped as much as 12% to 460p taking them to the top of the mid-cap leader bo...

Embattled pharmaceutical giant GSK (GSK) has agreed to pay up to $2.2 billion (£1.8 billion) to settle lawsuits in the US related to its Zantac heartburn treatment, resolving 80,000 pending cases which represent around 93% of all outstanding cases. The shares jumped 6.5% to £15.52 as investors welcomed the removal of financial uncertainty and a lower settlement figure than some analysts were...

The FTSE 100 opened higher on Thursday, supported by strong gains in GSK, while European peers faltered The FTSE 100 index traded up 25.77 points, 0.3%, at 8,269.51. The FTSE 250 slipped 12.69 points, 0.1%, at 20,809.69, and the AIM All-Share down just 0.19 of a point at 736.47. The Cboe UK 100 was up 0.3% at 828.03, the Cboe UK 250 flat at 18,285.44, and the Cboe Small Companies was unmoved at...