Stock prices in London made little progress on Friday, though the FTSE 100 ended the week in the green. The FTSE 100 index closed down 3.01 points at 8,376.63. The FTSE 250 ended up 55.46 points, 0.3%, at 21,086.54, and the AIM All-Share closed up 0.02 of a point at 772.51. In the week as a whole, the FTSE 100 was up 1.1%, the FTSE 250 fell 0.1%, while the AIM All-Share fell 0.3%. The Cboe UK 1...

Stocks in London were higher on Friday, as the market eagerly awaited a critical US inflation print. The FTSE 100 index was up 27.47 points, or 0.3%, at 8,407.11. The FTSE 250 was up 59.36 points, or 0.3%, at 21,090.44, and the AIM All-Share was virtually unchanged at 772.41. The Cboe UK 100 was up 0.3% at 840.52, the Cboe UK 250 was up 0.2% at 18,563.70, and the Cboe Small Companies was down 0...

Coming out of the gate there was a sour reaction to second quarter results (29 August) from Canadian athleisure specialist Lululemon (LULU:NASDAQ), which revealed a first sales miss in more than two years and a cut to full year guidance from the yoga pants to belt bags purveyor. So why did the stock rally 4.6% to $271 in pre-market trading on Wall Street? Well, there was relief as Lululemon's s...

Mark Radcliffe, CEO at online specialist bathroom retailer Victorian Plumbing (VIC:AIM) has sold 2,700,000 shares at 100p for a total value of £2.7 million on 27 August 'to help satisfy institutional demand' for ordinary shares. Over the past year, Victorian Plumbing shares have gained 24%. Following this transaction, Radcliffe holds 155,733,657 ordinary shares, representing approximately 47.7...

Electronics retailer Best Buy (BBY:NYSE) grew second quarter adjusted EPS (earnings per share) by around 10% to $1.34 compared with Wall Street estimates calling for a drop of around 5%, sending its shares up 14% to a fresh two year high of around $100. Better than expected trading chimes with data out yesterday (29 Aug) which showed the US economy grew at a faster than expected 3% pace in the...

The Dow Jones Industrial Average climbed to a record this week as Wall Street rebounded from the steep sell-off earlier this month, closing at 41,335 (overnight 29 Aug), with gains powered by the likes of Goldman Sachs (GS:NYSE), Intel (INTC:NASDAQ) and Visa (V:NYSE). In a week dominated by the market's obsession with Nvidia (NVDA:NASDAQ) - more on this later - it was also notable for Warren Bu...

Stock prices in London opened higher on Friday, following US GDP data that one analyst said 'tasted exactly how investors love it', as well as promising UK retail footfall figures. The FTSE 100 index opened up 28.77 points, or 0.3%, at 8,409.25. The FTSE 250 was up 73.24 points, or 0.4%, at 21,104.32, and the AIM All-Share was up 0.36 points at 772.85. The Cboe UK 100 was up 0.3% at 840.62, the...

Stocks in London managed to shake off a tepid response to Nvidia's earnings across the pond on Thursday, with the positive sentiment also seen elsewhere in Europe. The FTSE 100 index closed up 35.79 points, or 0.4%, at 8,379.64. The FTSE 250 fell 35.79 points, or 0.2%, at 21,031.08, and the AIM All-Share rose 2.19 points, or 0.3%, at 772.49. The Cboe UK 100 ended up 0.5% at 837.89, the Cboe UK...

French spirits companies Pernod Ricard (RI:EPA) and Remy Cointreau (RCO:EPA) received a shot in the arm on Thursday, rising as much as 8% and 12% respectively after the Chinese authorities decided not to impose a provisional anti-dumping subsidy on imported brandy from the European Union. China imports most of its brandy from France which explains why shares in Italian spirits maker Davide Cam...

European stocks were higher on Thursday midday, as investors prepare for a US GDP print, while top US White House aide Jake Sullivan met Chinese President Xi Jinping in Beijing. The FTSE 100 index was up 24.13 points, or 0.3%, at 8,367.98. The FTSE 250 was up 42.84 points, or 0.2%, at 21,109.71, and the AIM All-Share was up 2.36 points, or 0.3%, at 772.66. The Cboe UK 100 was up 0.3% at 836.44,...

After the intense build up, Nvidia (NVDA:NASDAQ) reported better than expected second quarter results overnight (28 Aug), and the chip designer announced a $50 billion stock buyback plan. So, if the Q2 was so great, why is the stock staring at a near 2.5% drift pre-market? First, markets anticipate. In Nvidia's case, the market reaction suggests concerns in the quarterly report, including produ...

Beleaguered fashion brand Quiz's (QUIZ:AIM) market valuation looks even more threadbare following the latest downwards lurch in the share price. The stock plunged 20% to 4.1p on news the occasion wear-to-dressy casual wear seller swung to a near-£7 million loss in the year ended 31 March 2024 as sales contracted by 10.6% to £82 million with cost-of-living pressures continuing to crimp consume...