Stock prices in London were in the green on Wednesday morning, despite its peers in Paris and Frankfurt falling, ahead of a slew of data from the eurozone and the US. The FTSE 100 index opened up 22.67 points, or 0.3%, at 8,254.83. The FTSE 250 was up 48.92 points, or 0.2%, at 20,766.91, and the AIM All-Share was up 2.15 points, or 0.3%, at 800.35. The Cboe UK 100 was up 0.2% at 822.79, the Cbo...

Stock prices in London closed lower on Tuesday, with New York tracking down, although the cooling US job market fed hopes of interest rate cuts. The FTSE 100 index closed down 30.71 points, 0.4%, at 8,232.04. The FTSE 250 ended down 182.50 points, 0.9%, at 20,717.99, and the AIM All-Share closed down 6.96 points, 0.8%, at 798.20. The Cboe UK 100 ended down 0.5% at 820.70, the Cboe UK 250 closed...

British American Tobacco (BATS) said it was on track to deliver full year 2024 guidance of low-single digit revenue and profit growth with a second half weighting, which disappointed investors. The company highlighted a challenging macro environment in the US and 'stretched' consumers with combustibles industry volume down circa 9% year-to-date. The announcement came as the tobacco firm reporte...

Stock prices in London were in the red at midday Tuesday, as BP and Shell declined, dragging down the FTSE 100. The FTSE 100 down 45.69 points, 0.6%, at 8,217.06. The FTSE 250 was down 201.18 points, 1.0%, at 20,699.31, and the AIM All-Share was down 4.59 points, 0.6%, at 800.57. The Cboe UK 100 was down 0.7% at 819.51, the Cboe UK 250 was down 1.0% at 18,195.00, and the Cboe Small Companies wa...

On Monday (3 Jun), analysts at investment bank Goldman Sachs did their monthly rejig of their US Conviction List, a curated selection of stocks the firm believes will outperform over the coming months. Five stocks were added this time round, including energy plays Enphase Energy (ENPH:NASDAQ) and Sempra Energy (SRE:NYSE), property firm Brixmor Property (BRX:NYSE), plus automated tech testing ki...

Aerospace and defence firm Chemring (CHG) set itself the target of reaching £1 billion of revenue in 2030 while posting a strong set of first-half results and a record-high order backlog. However, the shares, which recently touched a 10-year high, traded sideways at 392p as the market succumbed to nervousness over interest rate cuts. STRONG TAILWINDS The FTSE 250 firm operates through two divi...

THIS IS AN ADVERTISING FEATURE Thomas Moore, Manager, abrdn Equity Income Trust The FTSE 100 has hit new highs in recent weeks as M&A and buyback activity has revived Smaller companies are also seeing M&A and buybacks, but remain neglected There is the potential for a significant revival in unloved smaller companies After a tough few years, the UK market has been showing signs of life ove...

Stock prices in London were in the red on Tuesday morning, as non-food sales in the UK remained in decline, while retail sales edged up only mildly in May. The FTSE 100 index opened down 31.15 points, or 0.4%, at 8,229.30. The FTSE 250 was down 105.98 points, or 0.5%, at 20,794.74, and the AIM All-Share was down 1.27 points, or 0.2%, at 803.84. The Cboe UK 100 was down 0.4% at 821.19, the Cboe...

The FTSE 100 in London closed lower on Monday amid a shaky start in New York, and after a difficult day for GSK and Baltic Classifieds. The FTSE 100 index closed down 12.63 points, 0.2%, at 8,262.75. The FTSE 250 ended up 170.37 points, 0.8%, at 20,900.49, and the AIM All-Share closed down 0.63 of a point, 0.1%, at 805.16. The Cboe UK 100 ended down 0.1% at 824.85, the Cboe UK 250 closed down 1...

Shares in GSK (GSK) fell 10% to the bottom of the FTSE 100 after a Delaware judge on Friday (31 May) allowed more than 70,000 Zantac cases, which claim the discontinued heartburn drug caused cancer, to proceed to trial. French pharmaceutical firm Sanofi (SAN:EPA), which is also embroiled in the Zantac litigation, saw its shares cheapen 2% to €88.9 on the news. GSK said it will immediately see...

The FTSE 100 was up in London at midday, following positive manufacturing data, while Labour reiterated its commitments to defence on the general election campaign trail. The FTSE 100 index was up 17.18 points, or 0.2%, at 8,292.63. The FTSE 250 was up 165.40 points, or 0.8%, at 20,895.27, and the AIM All-Share was up 2.30 points, or 0.3%, at 808.09. The Cboe UK 100 was up 0.3% at 827.98, the C...

Reports suggest that online fast-fashion sensation Shein plans to file a confidential prospectus with the FCA (Financial Conduct Authority), potentially as early as this week, as the retailer edges closer to an IPO (initial public offering) on the London Stock Exchange that could value the business at around £50 billion. Should a London IPO go ahead, China-founded Shein is expected to look to...

The FTSE 100 was higher in London on Monday morning, amid a slew of manufacturing data, and as Labour leader Keir Starmer made promises over the weekend to bring down migration. The FTSE 100 index opened up 53.95 points, 0.7%, at 8,328.81. The FTSE 250 was up 114.93 points, or 0.6%, at 20,845.32, and the AIM All-Share was up 0.81 points, or 0.1%, at 806.60. The Cboe UK 100 was up 0.7% at 831.85...