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FTSE in the red at midday as China data underwhelms

Blue-chips in London, Paris and Frankfurt were in the red midday Tuesday, as investors fretted over the outlook for China's economy after some less-than-stellar data.'Chinese exports grew at a slower pace in November versus October,...

10 December 2024
TSMC revenue jumps 34% in November as AI demand stays strong

AI continues to drive revenue growthSales up nearly 32% year-to-dateStock has nearly doubled this yearAI demand continues to power chip sales for TSMC (TSM:NYSE), the world's biggest contract chipmaker, which clocked a sharp...

10 December 2024
FTSE 100 opens lower with Ashtead move to New York in the spotlight

Stock prices in Europe opened in the red on Tuesday as the FTSE 100 faded amid a softer start for miners.Mining firms climbed on Monday amid hopes of a China economic bounce back next year, but returned some progress on Tuesday....

10 December 2024
London blue-chips close higher as miners and oil stocks climb

The FTSE 100 closed up on Monday, boosted by blue-chip oil firms responding positively to the ousting of long-standing Syrian ruler Bashar al-Assad.The FTSE 100 index closed up 43.47 points, 0.5%, at 8,352.08. The FTSE 250 ended...

09 December 2024
Miners lift FTSE 100 on China stimulus hopes

London's FTSE 100 traded in the green around midday on Monday amid fresh optimism for a growth boost for the world's second-largest economy.The FTSE 100 index traded up 33.66 points, 0.4%, at 8,342.27. The FTSE 250 was down 35.97...

09 December 2024
FTSE 100 opens higher as China eyes relaxed monetary policy

European stocks opened in the green at the start of the week, boosted by an announcement from China's top leadership which aims to aid the Asian nation's shaky economy.The FTSE 100 index traded up 26.17 points, 0.3%, at 8,334.78....

09 December 2024
FTSE 100 ends the week lower however Halifax housing data lifts housebuilders and property firms

UK indices were mixed at Friday's close as FTSE 100 housebuilders and property firms alike edged upwards off the back of Halifax housing data.The FTSE 100 index closed down 40.77 points, 0.5%, at 8,308.61. The FTSE 250 ended up...

06 December 2024
London markets mixed at lunchtime while Direct Line surges after agreeing £3.6 billion Aviva buyout

The UK's main indices were mixed at midday on Friday as shares in FTSE 100 water suppliers fell amid analyst downgrades.The FTSE 100 index fell 6.69 points, 0.1%, at 8,342.69. The FTSE 250 rose 37.00 points, 0.2%, at 21,038.06, and...

06 December 2024
Lululemon shares leap on forecast-beating results and raised full-year guidance

Q3 results top forecastsInternational sales surgeBuyback programme upped by $1 billionInvestors who've soured on Lululemon (LULU:NASDAQ) of late were left chasing the stock higher after third quarter results beat estimates and the...

06 December 2024
TI Fluid Systems finally bows to pressure from ABC

Automotive fluid storage and delivery specialist TI Fluid Systems (TIFS) became another statistic last week in the seemingly unstoppable wave of UK M&A (mergers and acquisitions).Having spurned two lower bids from Apollo-backed ABC...

05 December 2024

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