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FTSE 100 rises 0.9% as positive China data outweighs Persimmon plunge

Shares in London were buoyant on Wednesday around midday, as housebuilder Persimmon's disappointing annual profit result was offset by positive trading for mining stocks in the FTSE 100.The FTSE 100 index was up 68.21 points, 0.9%,...

01 March 2023
Miners drive FTSE 100 back towards 8,000 but housebuilders hammered as Persimmon falls 10%

London's big mining stocks were on the rise at the start of the new month on Wednesday, after a survey found renewed strength in China's manufacturing sector, a big customer for metals and other minerals.The gains for miners were...

01 March 2023
Ocado share price slumps 8% as company racks up more losses and customers pull back from big weekly shop

- Half a billion-pound loss in 2022- Households more cautious on spending- Pace of new platform client sign-ups disappointingInvestors are losing patience with online grocery specialist Ocado (OCDO) after it reported yet another...

28 February 2023
Investors need to see evidence that Zoom can rediscover its growth mojo

- Beats on earnings and revenue in Q4- Stock rallies 6% on higher earnings guidance- Growth remains stubbornly absentVideo chat app Zoom Video Communications (ZM:NASDAQ) beat Wall Street estimates on both the top and bottom lines in...

28 February 2023
UK shares bounce after Friday's hot US inflation print

Only a handful of FTSE 100 stocks were in the red at midday on Monday, as markets were in a confident mood with all eyes on progress in talks between the UK and EU in London.UK Prime Minister Rishi Sunak will hold face-to-face talks...

27 February 2023
Bunzl shares rally as firm raises dividend for 30th year running

- Another year of strong revenue growth in 2022- Dividend raised by 10% in line with earnings- Shares top FTSE 100 early onSpecialist distribution group Bunzl (BNZL) posted strong revenue growth in the 12 months to December and...

27 February 2023
FTSE rises amid Sunak and von der Leyen talks on Northern Ireland agreement

Shares in London climbed in early exchanges on Monday, recovering from post-US personal consumption expenditures weakness, with the prospect of a UK and EU Northern Ireland protocol deal lifting the mood.In early UK corporate news,...

27 February 2023
UK stocks end in the red as US inflation accelerates

Stocks in London closed in the red on Friday, as a key US inflation gauge defied expectations of a slowdown in January.The FTSE 100 index closed down 29.06 points, or 0.4% at 7,878.66 on Friday. The index ended the week 1.6%...

24 February 2023
Europe edges higher ahead of all-important US data

Stocks in Europe nudged cautiously higher early Friday, though gains may be short-lived if a key US inflation reading comes in hotter-than-expected this afternoon. Ahead of the reading, equities across the globe have been jittery...

24 February 2023
FTSE 100 down 0.3% as interest rate hike worries weigh on sentiment

Stocks in London were mostly higher at midday on Thursday, though the more globally-focused FTSE 100 dipped into the red as investors worried that US rate hikes will continue.The FTSE 100 index was down 26.40 points, or 0.3%, at...

23 February 2023

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