The FTSE 100 closed lower on Monday, but above early lows, as bond yields continued to creep up and analysts predicted the end of the US rate cutting cycle. The FTSE 100 index closed down 24.30 points, 0.3%, at 8,224.19. The blue-chip index had fallen as low as 8,192.31. The FTSE 250 ended 15.57 points lower, 0.1%, at 19,718.37, and the AIM All-Share shed 3.99 points, 0.6%, at 709.39. The Cboe...

Ladbrokes and Coral owner Entain (ENT) topped the FTSE 100 gainers on Monday (13 January), advancing nearly 5% after the sports betting and gaming company nudged up group full-year profit expectations to the top of end of the guided range. The share price reaction also reflected a sense of relief that Entain was not impacted in the US to the same extent as gambling peer Flutter Entertainment (F...

Stocks in London, Paris and Frankfurt were down at midday Monday, as producer price inflation data from the US, to be out Tuesday, was nearing. In disappointing news for Chancellor Rachel Reeves, a survey of UK chief financial officers by consultancy Deloitte found a net 26% felt more pessimistic about their businesses than they did three months ago. However, sentiment is still well above the l...

Airline stocks took a turn for the worse in morning trading on Monday (13 Jan) as Brent crude hit $80 per barrel - a four month high - driven by wider US sanctions on Russian oil and the expected effects on exports to top buyers China and India. Brent crude rose $1.68 or 2.1% per barrel to $81.44 after hitting the highest level since 27 August at $81.49. Analysts at US bank Goldman Sachs (GS:NY...

China's stock market has struggled to gain meaningful momentum so far in 2025 but analysts at Bernstein have identified key themes that they believe will shape the year ahead for some of its most exciting internet stocks. A consumer shift toward services, integration of AI into product ecosystems, and a growing emphasis on monetisation through innovation will drive returns, Bernstein says, with...

Shares in Filtronic (FTC:AIM) rose 7% to an all-time high of 96.5p on 13 January after the communications equipment specialist upgraded guidance for the year to May 2025 once again amid ongoing positive order momentum. In a brief update, the County Durham-based firm announced that order intake for delivery in the current financial year is at 'a higher rate than anticipated' and as a result, res...

Blue chips in London, Paris and Frankfurt opened lower on Monday as UK Chancellor Rachel Reeves failed to lift the mood in the UK with her China trip, amid a modest investment deal. 'Surprise! The US economy added more than [250,000] new nonfarm jobs in December, some [90,000] more than expected, and the unemployment rate fell to 4.1%,' explained Swissquote's Ipek Ozkardeskaya. 'If it's any com...

Key UK indices closed in the red on Friday as UK Chancellor Rachel Reeves remains under pressure following increased government borrowing costs. The FTSE 100 index closed down 71.20 points, 0.9%, at 8,248.49. The FTSE 250 ended down 271.20 points, 1.4%, at 19,733.94, and the AIM All-Share closed down 6.48 points, 0.9%, at 713.48. The Cboe UK 100 ended down 0.7% at 826.80, the Cboe UK 250 closed...

The US FDA (Food and Drug Administration) has accepted for review the regulatory application of GSK's (GSK) pre-filled syringe presentation of its shingles prevention drug Shingrix. The new application removes the need for healthcare professionals to reconstitute separate bottles prior to administrating the drug. The company said over 90 million doses of the vaccine have been distributed sinc...

The FTSE 100 in London underperformed against its peers in Paris and Frankfurt, but Centrica on the FTSE 100 edged up after warning of 'concerningly low' UK gas storage levels during the ongoing cold snap. The FTSE 100 index was down 32.62 points, 0.4%, at 8,287.82. The FTSE 250 was down 135.35 points, 0.7%, at 19,869.79, and the AIM All-Share lost 0.64 of a point, 0.1%, at 719.32. The Cboe UK...

There are plenty of sceptics who think the wheels will come off the AI bandwagon this year, but that's not what TSMC (TSM:NYSE) is seeing. The world's largest chip manufacturer posted forecast-thumping Q4 2024 revenue that implies the AI boom is still running at top speed. Revenue surged by 34.4% year-on-year, reaching T$868.42 billion (Taiwanese dollars, or $26.36 billion), surpassing market e...

Hot on heels of rival Tesco (TSCO), second-placed UK supermarket group Sainsburys (SBRY) posted an upbeat third-quarter trading statement saying it had had 'the biggest-ever Christmas'. Inevitably, just as Tesco shares were sold off yesterday, Sainsburys shares were also down on the day losing 5p or 2% to 258p. GAINING MARKET SHARE For the 16 weeks to 4 January, Sainsburys recorded a 2.8% incre...

Shares in Anpario (ANP:AIM) soared 10.2% to a two-year high of 405p after the natural sustainable feed additives supplier delivered its fifth upgrade to full-year 2024 guidance on the spin. Following a stronger-than-expected second half performance, Anpario now expects revenue for the year to December 2024 to be £37.5 million. That's up 21% year-on-year and comfortably ahead of the £35.5 mill...