Banks and oil majors kept the FTSE 100 in the green at the London close on Monday, while other stocks slipped, joining peers across the pond. The FTSE 100 index closed up 22.99 points, 0.3%, to 8,303.62. The FTSE 250 ended down 46.87 points, 0.2%, at 20,853.21, and the AIM All-Share closed up just 0.25 of a point at 738.61. The Cboe UK 100 edged up 0.2% to 830.70, the Cboe UK 250 closed down 0....

Christopher Mills, non-executive director of affordable house builder MJ Gleeson (GLE) has sold 300,000 shares at 610p for a total value of £1.83 million on 4 October. The sale was made by the North Atlantic Smaller Companies Investment Trust (NAS) where Mills is the largest shareholder. Following the sale, Mills is beneficially interested in 6,055,000 ordinary shares of 0.02p each or 10.37% o...

Stocks were mixed in London at midday on Monday, with blue-chips benefiting from an oil price rise, but FTSE 100 constituent Endeavour Mining tumbling amid concerns in Burkina Faso. The FTSE 100 index was up 30.29 points, 0.4%, at 8,310.88. The FTSE 250 was down 85.54 points, 0.4%, at 20,814.54, and the AIM All-Share was up 0.55 of a point, 0.1%, at 738.87. The Cboe UK 100 was up 0.3% at 831.49...

Energy major BP (BP.) has reportedly abandoned its target to cut oil and gas output by 2030 as new chef executive Murray Auchincloss scales back the FTSE 100 giant's energy transition strategy in order to win back the market's confidence. He wants to arrest the decline in BP's shares, which edged up 0.5% to 419p on the news yet are down more than 10% year-to-date versus a 7% gain for the FTSE A...

FTSE 250 private equity investment trust 3i Infrastructure (3IN) announced it had received a binding offer for its 33% stake in European independent renewable energy firm Valorem at a premium to book value. The shares added 3p or 0.8% to 344p, bringing gains over the last year to around 20% against a 16% return for the AIC Infrastructure sector. BUYERS PAYING A PREMIUM The offer, which comes fr...

European stocks made a limp start to trading on Monday as investors eye this week's US inflation data in the wake of Friday's blow-out payrolls report. The FTSE 100 index was down 12.60 points, 0.2%, at 8,268.03, having briefly seen slight gains immediately after the opening bell. The FTSE 250 was down 55.56 points, 0.3%, at 20,844.52, but the AIM All-Share was up 1.72 points, 0.2%, at 740.08....

London's FTSE 100 ended lower, while the pound struggled after hawkish comments from a Bank of England policymaker were outweighed by a blockbuster US jobs report, which boosted the odds of a smaller 25 basis point cut at the next Federal Reserve meeting. 'The September employment report was much stronger than expected, with job growth blowing past expectations, the unemployment rate declining...

Stocks in London were mixed during midday trade on Friday, with the FTSE underperforming its European equivalents, in anticipation of critical data on US jobs. The FTSE 100 index was down 36.14 points, 0.4%, at 8,246.38. The FTSE 250 was up 53.28 points, 0.3%, at 20,793.34, and the AIM All-Share was up 2.11 points, 0.3%, at 735.95. The Cboe UK 100 was down 0.4% at 825.03, the Cboe UK 250 was up...

Watches of Switzerland's (WOSG) shares ticked up 2% to 466p on news it has acquired publishing firm-to-luxury watch platform Hodinkee as the Patek Philippe-to-Audemars Piguet seller seeks to accelerate online growth and grab a greater share of America's expanding high-end timepiece market. Described by Watches of Switzerland as a 'go-to, global destination for luxury watch enthusiasts', New Yor...

Pub chain JD Wetherpoon (JDW) served up a tasty cocktail of continuing like-for-like sales growth and reinstatement of the dividend after a five-year hiatus, which was enough to send the shares up 2.8p or 0.5% to 726p in early trading. While the shares are up around 80% from the trough in September 2022, they remain 50% below pre-pandemic levels, reflecting the fact profitability is yet to full...

After September's boom, US stocks have gone limp into early October with investor's troubled by escalating aggression in the Middle East, pushing oil prices to their biggest increases in nearly a year. At the same time, mixed economic data offered little firm clue as to the future of the Federal Reserve's easing cycle after Fed Chair Jerome Powell hinted the central bank is not in a rush to rap...

Stocks in London were making little progress on Friday morning, as the market awaited the key catalyst of the afternoon's US nonfarm payroll data. 'Today's jobs data will be very important in providing a final conclusion to the week's so far stronger-than-expected US jobs figures,' comments Swissquote's Ipek Ozkardeskaya. 'The US economy is expected to have added near 147,000 new nonfarm jobs i...

Stocks in London slipped into the red by the close on Thursday, as worries about escalations in the Middle East conflict sapped risk appetite. London's FTSE 100 was spared the steeper falls seen by its European equivalents, however. This was thanks to some dovish comments from the Bank of England, strong results from Tesco, and the index's general defensive positioning. The FTSE 100 index close...