Worries about a widespread US bear market or recession have proved short-lived and tech stocks have been the real winners over the past week on Wall Street with investors piling back in to names they know and trust. Think Nvidia (NVDA:NASDAQ), Micron Technology (MU:NASDAQ), Broadcom (AVGO:NASDAQ), who have led the charge, while Apple (AAPL:NASDAQ), Amazon (AMZN:NASDAQ) and Microsoft (MSFT:NASDA...

The FTSE 100 opened lower Friday morning despite a boost in retail sales in July, and underperforming against its counterparts in Paris and Frankfurt which traded higher. The FTSE 100 index opened just 3.93 points lower at 8,343.31. The FTSE 250 was down 14.52 points, or 0.1%, at 21,080.53, and the AIM All-Share was down 0.81 points, or 0.1%, at 773.98. The Cboe UK 100 was up 0.1% at 834.20, th...

Stocks closed in the green in Europe on Thursday, as London's FTSE 100 extended its gains, while the UK economy had a 'remarkable rebound' in the second quarter. The FTSE 100 index closed up 66.30 points, 0.8%, at 8,347.35. The FTSE 250 ended up 141.87 points, 0.7%, at 21,094.16, and the AIM All-Share closed up 3.28 points, 0.4%, at 774.79. The Cboe UK 100 ended up 0.8% at 833.68, the Cboe UK 2...

Stocks in London put in a subdued performance during midday trade on Thursday, as the market digested UK economic growth data. The FTSE 100 index was up 3.42 points at 8,284.22. The FTSE 250 was down 69.37 points, or 0.3%, at 20,882.92, and the AIM All-Share was down 1.12 points, or 0.2%, at 770.39. The Cboe UK 100 was up 0.1% at 828.00, the Cboe UK 250 was down 0.2% at 18,299.22, and the Cboe...

A warning that full year 2024 revenues will fall significantly short of forecasts sent shares in Accesso Technology (ACSO:AIM) tumbling 25% to 522p on Thursday morning. The queuing and ticketing technology provider now expects sales of around $150 million (£117 million) to $153 million for the year to December 2024. That represents a material downgrade from guidance for revenues of 'not less t...

Shares in Rank (RNK) gained more than 7% to 75p in morning trading as the casino and bingo operator said it would re-start dividend payments after underlying operating profit for the year to June reached £46.5 million, ahead of analysts' forecasts and more than double prior year's £20.1 million. The company reported strong momentum across the group in the fourth quarter despite labour-cost pr...

UK motor insurer Admiral Group (ADM) posted surprisingly strong first-half results and raised its dividend almost 40% by including a special pay-out. The shares jumped as much as 260p or 9% to £30.71 marking a breakout from their 2024 trading range and their best level for over a year. STRONG OPERATIONAL PERFORMANCE Insurance revenue for the six months to June jumped 38% to £2.1 billion as si...

Stock prices in London opened mixed on Thursday while European counterparts were in the green, amid news that the UK economy flatlined monthly in June amid investor caution before the general election in July. The FTSE 100 index opened up 8.31 points, or 0.1%, at 8,289.36. The FTSE 250 was down 41.98 points, or 0.2%, at 20,910.54, and the AIM All-Share was down 0.87 points, or 0.1%, at 770.64....

Stocks closed in the green in Europe on Wednesday, following encouraging inflation data, and with housbuilders and gaming stocks leading the winners. The FTSE 100 index closed up 45.82 points, 0.6%, at 8,281.05. The FTSE 250 ended up 208.21 points, 1.0%, at 20,952.29, and the AIM All-Share closed up 3.53 points, 0.5%, at 771.51. The Cboe UK 100 ended up 0.6% at 827.47, the Cboe UK 250 closed up...

Stock prices in the UK, France and Germany were higher at midday Wednesday as investors await a US consumer price inflation print, after UK CPI inflation was reported higher. The FTSE 100 index was up 28.63 points, or 0.4%, at 8,263.86. The FTSE 250 was up 114.24 points, or 0.6%, at 20,858.32, and the AIM All-Share was up 1.10 points, or 0.1%, at 769.08. The Cboe UK 100 was up 0.5% at 826.01, t...

Shares in Balfour Beatty (BBY) fell more than 3% to 394p in morning trading as the infrastructure group reported a widely expected rise in revenue for the first half of the year. However this news failed to excite investors who took the opportunity to cash in on a recent 52-week high of 437p set on 29 July. For 2024 as a whole the FTSE 250 company's shares are up more than 18%. The dour investo...

Shares in Flutter Entertainment (FLTR) flew 10.5% higher to £161.90 in London on Wednesday as UK investors got their first chance to react to the online sports betting giant's better-than-expected second-quarter results and raised full-year guidance, which sent the stock up 8% after-hours in the US yesterday. The gaming operator, which switched its primary listing from London to New York in Ma...

Maybe it is a measure of just how much chief executive Amanda Blanc has achieved since taking the helm at insurance giant Aviva (AV.) that its 'excellent' first-half results were greeted with a yawn rather than fireworks. The shares, which have gained 27% in the past year compared with a 10% rise in the FTSE 100, eased 4p or just under 1% to 484p in morning trade. (OVER-) DELIVERING ON ITS PROM...