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FTSE 100 slips in tepid trade with US inflation reading ahead

London?s FTSE 100 edged lower after the opening bell on Wednesday, as investors moved with trepidation as eyes turn to a US inflation reading due later in the week.The FTSE 100 index opened down 13.02 points, 0.2%, at 7,917.94. The...

27 March 2024
Blue-chip FTSE 100 index barely moves at midday amid China-West tension

The FTSE 100 came off session lows but still struggled to find its groove heading into Tuesday afternoon, with share price falls for miners meaning it underperformed continental peers.The FTSE 100 index was up just 3.00 points at...

26 March 2024
Why analysts are calling Nvidia target price at $1,100 to $1,400

UBS raises target price from $800 to $1,100Top of the range estimates pitched at $1,400$150 billion revenues predicted for calendar 2025Analysts at UBS have upped their target price on AI (artificial intelligence) chips champion...

26 March 2024
FTSE kicks-off holiday shortened week on the back foot

Stock prices in London closed lower on Monday amid rising global tensions, although conviction grows that the Bank of England will soon cut rates.The FTSE 100 index closed down 13.35 points, 0.2%, at 7,917.57. The FTSE 250 ended...

25 March 2024
Direct Line shares slide as bidder Ageas loses interest

Ageas made two approachesDirect Line board entrenchedGroup relying on new targetsShareholders in insurer Direct Line (DLG) were dealt a hammer-blow late on Friday evening with the news Benelux suitor Ageas (AGS:EBR) had upped sticks...

25 March 2024
Mobico shares fall 8% after full year profit downgrade

2023 profit guidance revised downSecond delay to 2023 resultsExpects reduction in cost recovery of around £15 millionFormerly known as National Express, Mobico (MCG) was the second biggest faller in the FTSE 250 after the...

25 March 2024
Global equities: Thinking outside the Magnificent Seven

THIS IS AN ADVERTISING FEATURE Stephen AnnessHead of Global Equities, Invesco The Magnificent Seven ? the group of supercharged stocks named after the classic Western movie ? that delivered such outstanding returns in 2023...

25 March 2024
Board urges Abrdn Property Income shareholders to vote for Custodian merger

Shareholder vote imminentMerger the preferred outcomeWind-down problematicThe board of industrial property investment trust Abrdn Property Income (API) has reiterated its support for an all-share merger with rival Custodian Property...

22 March 2024
Reddit IPO ignites investors’ imagination as shares rise 48% on debut

Shares priced at $34 a share, top end of range$750 million raised from the IPOReddit begins trading under ticker RDDTAfter eyeing a New York listing since 2021, social media company Reddit (RDDT:NASDAQ) was finally granted its wish...

22 March 2024
S&P 500 makes another all-time high on rate cut hopes | Wall Street Week

Major US indices notched-up further all-time highs this week on dovish comments from Fed chair Jay Powell in the press conference following the central bank?s decision to leave interest rates unchanged.The Fed?s summary of economic...

22 March 2024

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