London's FTSE 100 index dropped on Monday, as poor Chinese economic data weighed on mining stocks, and shares in luxury fashion house Burberry tumbled. The FTSE 100 index ended down 69.95 points, 0.9%, at 8,182.96. The FTSE 250 closed down 13.37 points, 0.1%, at 21,189.52, and the AIM All-Share edged down 0.69 of a point, 0.1%, at 785.48. The Cboe UK 100 ended down 0.9% at 816.46, the Cboe UK 2...

Stock prices in Europe were in the red midday Monday, after markets reacted relatively calmly to the attempted assassination of Donald Trump. The FTSE 100 index in London was dragged down by Burberry, after it announced a profit warning. The FTSE 100 index was down 15.32 points, 0.2%, at 8,237.59. The FTSE 250 was down 11.00 points, 0.1%, at 21,191.89, and the AIM All-Share was down 0.72 of a p...

Luxury group Burberry (BRBY) posted another disappointing trading update, saying the market weakness it had experienced in the fourth quarter of its financial year to the end of March had continued into July meaning it needed to take drastic action to deliver a second-half improvement. As well as suspending its dividend, the group said chief executive Jonathan Akeroyd would step down with immed...

Instant service equipment company ME Group International (MEGP) said it was on track to deliver another record year after reporting a strong first half which saw double-digit profit growth. The shares gained around 1% to 183.4p taking the gains for the year to 47%, comfortably ahead of the 8% gain in the mid-cap FTSE 250 index. UNDERLYING STRENGTH Revenue for the six months to the end of April...

George Sartorel, non-executive director at life insurance giant Prudential (PRU), bought 8,000 shares at 725p for a total value of £58,000 on 8 July. Sartorel's move comes after the company announced a $2 billion share buyback programme on 24 June due to be completed no later than mid-2026. Prudential shares have lost nearly 30% of their value over the past year and Sartorel's move could be vi...

European stocks opened lower on Monday morning, after Donald Trump was hit in the ear in an attempted assassination attempt on Saturday in Pennsylvania. The FTSE 100 index opened down 40.49 points, 0.5%, at 8,212.42. The FTSE 250 was down 88.87 points, 0.4%, at 21,114.02, and the AIM All-Share was down 1.71 points, 0.2%, at 784.46. The Cboe UK 100 was down 0.5% at 819.66, the Cboe UK 250 was do...

Equities in Europe rose on Friday, with the growing conviction that the Federal Reserve will cut rates soon lifting the mood, and not even hotter US data and some mixed bank earnings denting enthusiasm. The FTSE 100 index rose 29.57 points, 0.4%, at 8,252.91. The FTSE 250 added 13.98 points, 0.1%, at 21,202.89, and the AIM All-Share closed up 4.64 points, 0.6%, at 786.17. The FTSE 100 made a we...

Major indices in Europe were in the green around midday Friday, as investors await producer price inflation data coming from the US. The FTSE 100 index was up 19.98 points, 0.2%, at 8,243.32. The FTSE 250 was down 31.65 points, 0.2%, at 21,157.26, and the AIM All-Share was up 2.60 points, 0.3%, at 784.13. The Cboe UK 100 was up 0.2% at 822.37, the Cboe UK 250 was down 0.1% at 18,423.27, and the...

British semiconductor company Graphcore may have been sold to Japan's Softbank (9984:TYO) at a fraction of its peak value, but the deal has allowed investment trusts Chrysalis Investments (CHRY) and Schroder British Opportunities (SBO) to realise some cash and report uplifts in NAV (net asset value). Graphcore, which also features in the portfolios of Edinburgh Worldwide (EWI) and Schiehallion...

The past week saw intensified talk about President Biden's bid to stand against Trump in November's White House race after more befuddled rhetoric from the current Commander in Chief. But President Biden also reiterated his intention to run against Trump in the 2024 elections, dismissing calls for him to pull out amid growing concerns over his mental state after calling Ukrainian leader Zelensk...

Stock prices were mixed in London on Friday morning, as investors look ahead to some more US inflation data due out this afternoon. The FTSE 100 index opened up 33.51 points, 0.4%, at 8,256.85. The FTSE 250 was down 14.25 points, 0.1%, at 21,174.66, and the AIM All-Share was up 1.04 points, 0.1%, at 782.57. The Cboe UK 100 was up 0.4% at 824.03, the Cboe UK 250 was up slightly at 18,438.38, and...

European markets and the pound had a strong day on Thursday, with the afternoon's US inflation reading boosting risk appetite. Markets in New York got off the line slowly, however, amid an apparent rotation out of tech following a bullish run in recent days. The FTSE 100 index closed up 29.83 points, 0.4%, at 8,223.34. The FTSE 250 was surged 261.15 points, 1.3%, at 21,188.91, and the AIM All-S...

Stock prices were mixed on Thursday midday in London, while water companies rose after Ofwat decided to raise tap water price caps for customers in England and Wales. The FTSE 100 index was up 20.09 points, 0.3%, at 8,213.60. The FTSE 250 was down 5.06 points at 20,922.70, and the AIM All-Share was up 3.69 points, 0.5%, at 776.54. The Cboe UK 100 was up 0.3% at 818.70, the Cboe UK 250 was flat...