Stock prices in Europe were in the green on Monday morning after data on Saturday showed that annual consumer price inflation in China slowed in October. Swissquote's Ipek Ozkardeskaya said that 'the picture remains bullish for the US equities' following Trump's re-election but 'Elsewhere, worries mount: FTSE 100 and the European Stoxx 600 index both closed last week below the 200-DMA on worrie...

In the latest example of UK small-cap companies being taken over, junior stockmarket operator Aquis Exchange (AQX:AIM) announced it had agreed an offer for the company from Swiss bourse operator SIX Exchange Group at more than double the current share price. Aquis shares jumped 112% to 700p giving the firm a market cap of £157 million. 'COMPELLING OPPORTUNITY' SIX is offering 727p per share fo...

Equities in London ended lower on Friday, with miners and other China-exposed stocks hurting the FTSE 100, though a reassuring update from the British Airways parent lifted travel shares. Broker cuts hurt Greggs and Mitchells & Butler, while investors fretted for Vistry again after the housebuilder warned on profit. The FTSE 100 index fell 68.35 points, 0.8%, at 8,072.39, fading 1.3% this week....

Stock prices in London were down at midday on Friday, as attention shifted back to Trump's victory in the US presidential election, following yesterday's rate cuts. China said on Friday lawmakers had agreed to raise the local government debt ceiling by $840 billion, opening up new funds for its ailing economy. However, 'what has been announced so far doesn't seem to be moving the needle and the...

Shares in International Consolidated Airlines (IAG) took off this morning after the British Airways owner booked a 7.9% increase in total revenue to €24.05 billion for the nine months to 30 September. The airline group which also owns Iberia, Aer Lingus and Vueling said its strong financial performance would continue for the rest of the year. IAG attributed revenue growth to higher passenger...

Struggling online fashion group Boohoo (BOO:AIM) has accused Mike Ashley's Frasers (FRAS) of using its stake in the Debenhams-to-Karen Millen owner and other retailers to promote its own 'commercial self-interest'. The defiant comments came as Boohoo hit back at Frasers' demands for a bigger role in its strategic review, having recently shunned the latter's request for retail magnate Ashley to...

For investors in housebuilder Vistry (VTY), October and November have been months to forget as the firm has now cut its full-year 2024, 2025 and 2026 outlook twice in the space of a few weeks. The shares dropped 165p or 19% to 705p, taking them to the bottom of the pile in the FTSE 250 and bringing losses to more than 45% since the start of September. FURTHER CUT TO FORECASTS On 8 October, Vist...

Stock prices in Europe were generally lower on Friday morning, after optimism from rate cuts in the US and UK wore off, as China unveiled a huge support package under which it will raise the local government debt ceiling. China's top lawmakers have approved a proposal to increase the debt ceiling for local governments by $840 billion, state media said as a key meeting wrapped up in Beijing. Mea...

US indices hit more new highs this week after Donald Trump was declared the winner of the race to become the next US president. As well as tech stocks, which rallied on the belief a Trump administration would be less likely to impose strict regulations on the sector, energy companies and financial stocks registered strong gains. Trump's mantra of 'drill baby, drill' implies he favours increasin...

Stocks ended a mixed bag in London on Thursday, amid a number of central bank decisions, and following the US presidential election. In the UK, the Bank of England said it would not cut interest rates 'too quickly or too much' after lowering rates by 25 basis points. The US Federal Reserve is expected to follow suit later in the day. The FTSE 100 index closed down 25.94 points, or 0.3%, at 8,14...

Shares in ITV (ITV) fell more than 8% to 66p in morning trading as the free-to-air broadcaster said group revenue fell 8% at £2.7 billion in the nine months to 30 September. Total ITV Studios revenue was down 20% to £1.21 billion impacted by the expected phasing of production deliveries, the 2023 US writers' and actors' strikes and lower demand from free-to-air broadcasters in Europe in the s...

The FTSE 100 was flat on Thursday afternoon, treading water after the Bank of England reduced rates, and suggested a more gradual cutting path than some expected. The pound moved higher immediately following the decision, which was accompanied by the BoE's latest economic projections. The central bank suggested last week's UK budget was inflationary. The budget is expected to boost the level of...

The UK's largest automotive platform Auto Trader (AUTO) revised down its dealership listing volumes outlook and now expects full year average revenue per retailer to fall, sending the shares down 7% to the bottom of the FTSE 100 index. The shares have reversed nearly 12% since the beginning of October on concerns that Auto Trader's motor finance arm could get embroiled in the FCA's (Financial C...