Stocks in London closed a mixed bag on Monday, as elections took top billing in a data-heavy day for Europe and the US.The FTSE 100 index ended up slightly at 8,166.76. The FTSE 250 fell 63.95 points, 0.3%, at 20,222.08, while the AIM All-Share climbed 0.80 points, 0.1%, to 765.18.The Cboe UK 100 rose marginally to 813.97, the Cboe UK 250 rose 0.2% to 17,654.04, and the Cboe Small Companies closed

Here we go again. Shares in GameStop (GME:NYSE) are surging, US equity markets are setting new highs and a lowly reading on the VIX index suggests investors are confident that volatility will remain low and equity markets buoyant.This is all barely three years after the year GameStop melt-up (and, lest it be forgotten, subsequent melt-down), which also saw social media influencers and commentators

One of the cybersecurity sector's hottest stocksShares have rallied more than 40% so far in 2024S&P 500 inclusion will force index funds to buy stockJust days after posting forecast-busting quarterly earnings and revenue, cybersecurity firm Crowdstrike (CRWD:NASDAQ) has won a coveted spot in the S&P 500 index.Its inclusion in the US benchmark index, from 21 June, comes following the S&P 500's quar

Indian stocks have been on a roller-coaster ride this week buffeted by uncertainty on the outcome of the election as prime minister Narendra Modi was on course to bag his third consecutive term in office.The BSE Sensex index comprising India's 30 largest companies by market capitalisation surged 3.4% to record highs on 3 June as exit polls pointed to a comfortable victory for Modi's Bharatiya Jana

On The Beach (OTB) 142pMarket cap: £237 millionPositive first-half results and an analyst upgrade are reigniting investors' interest in the online package holiday provider On The Beach (OTB) and we think there is a big value opportunity here for investors to take advantage of.Based on consensus forecasts the company trades on just 8.6 times September 2025 forecast earnings and after a hiatus impo

Companies tend to list on the stock market when conditions look ripe for a healthy reception from investors so as to get a deal away at the best price.After a fallow period for IPOs (initial public offerings) in 2022/23, activity appears to be gathering pace buoyed by the FTSE 100 and FTSE All-Share notching up new all-time highs in recent weeks.In an unusual turn of events, London could benefit f

Luxury demand slowdown weighsH1 to remain ?challenging?Wholesale revenue seen 25% lowerSlowing demand for luxury goods continues to impact Burberry (BRBY), whose shares remain firmly out of fashion with investors and cheapened 2.8% to £11.55 on the release of downbeat full-year results.And with the share price having more than halved over the past 12 months, Burberry is now ?a screaming takeover

Stock jumps 7% after Q1 earnings/revenues beatGlobalFoundries handed $1.5 billion in US Gov grantsAnalysts predict record revenues and earnings in 2025Taiwan?s TSMC (TSM:NYSE) may dominate the chip foundry sector but it is far from being the only potential winner as the industry picks up through 2024 and beyond. For example, South Korea?s SK Hynix (000660:KRX) recently revealed that it had nearly

Stock prices in London opened in the green on Friday, with investors confident of a softer US jobs report, which take some sting out of hawkish Federal Reserve interest rate expectations.The FTSE 100 index rose 20.31 points, 0.2%, at 8,192.46. The FTSE 250 edged up 14.81 points, 0.1%, to 20,067.14, and the AIM All-Share rose 1.54 points, 0.2%, at 769.65.The Cboe UK 100 was up 0.2% at 818.09, the C

Firm to power Tesco Clubcard ChallengesOne-year contract with option to renewEagle Eye?s sales rose 20% in H1Technology tiddler Eagle Eye Solutions (EYE:AIM) has secured a new contract with Tesco (TSCO) for personalised promotions, exciting news which sent shares in the UK SaaS (software-as-a-service) firm up 9% to 510p on Monday.While no financial details were disclosed, house broker Shore Capita

Stock prices in London closed lower on Tuesday as hopes continued fading for three US Federal Reserve interest rate cuts this year, and as tensions between Iran and Israel added to investors? fears.The FTSE 100 index closed down 145.17 points, 1.8%, at 7,820.36. The FTSE 250 ended down 354.35 points, 1.8%, at 19,344.54, and the AIM All-Share closed down 12.00 points, down 1.6%, at 738.28.The Cboe

London?s FTSE 100 opened sharply lower on Tuesday, as US interest rate worries and geopolitical tensions continued to cast a dark cloud over equity markets.Only Mondi traded higher, with even packaging peer DS Smith falling despite agreeing to a takeover from International Paper, the latest twist in a takeover saga that also involved Mondi. Mondi is yet to respond to the development.The FTSE 100 i

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 projections sees stronger economic growth and stickier inflation, but it still anticipates a couple of rate cuts later in the year.The small-cap, economically sensitive

French conglomerate flags slowdownAsia Pacific disappointsGucci turnaround remains uncertainEuropean luxury stocks were marked down on Wednesday after French conglomerate Kering (KER:EPA) warned its first-quarter sales were expected to tumble by 10%, dragged down by its flagship brand Gucci which is in the early stages of a turnaround.Kering shares plunged 15% to ?362.3 in early Paris trading on t

Total revenue and other income up 13.8% to $1.2 billionPre-tax profit up 21.5%Strong passenger and capacity growthKazakhstan-based airline Air Astana (AIRA) reported a 21.5% increase in pre-tax profit to $68.7 million for the 12 months ending 31 December 2023.The company reported total revenue of $1.2 billion, up 13.8% on the prior year as passenger numbers increased 10.1% to a record 8.1 million.

Indices in London were largely unmoved at the start of trading ahead of a batch of US data due on Thursday afternoon.Among individual shares making waves, however, Trainline jumped as it expects revenue growth to beat expectations. OSB Group tumbled on poorly-received earnings and a tepid outlook.The FTSE 100 index rose just 2.97 points to 7,775.14. The FTSE 250 climbed only 4.07 points to 19,567.

Stocks in London were in the red at midday on Monday, as investors continued to deal with last week?s sell-off in US tech shares and a ?mixed? jobs report.A favourable inflation reading helped the Shanghai Composite achieve a 0.7% gain to start to the week, despite lingering concern for the Chinese economy. But it was the Nikkei 225 in Tokyo that was badly hit by tech share declines, giving back 2

Stock prices in London were a mixed bag at the open on Thursday, with the FTSE 100 lower ahead of the next ECB interest rate decision, despite boosts from Rentokil and Virgin Money UK.The FTSE 100 index opened down 19.49 points, 0.3%, at 7,659.82. The FTSE 250 was up 36.80 points, 0.2%, at 19,510.02, and the AIM All-Share was up 0.14 of a points at 737.77.The Cboe UK 100 was down 0.3% at 767.12, t

Stock prices in London were in the green at midday Thursday, as UK purchasing managers? index data indicated that the UK recession is ?already? over.Eye are now on US jobless data, which will be released at 1330 GMT.The FTSE 100 index was up 20.96 points, 0.3%, at 7,683.47. The FTSE 250 was up 135.16 points, 0.7%, at 19,254.13, and the AIM All-Share was up 0.86 of a points, 0.1%, at 750.88.The Cbo

Stocks in London opened in the green on Friday, after receiving a boost from a report that showed UK retail sales grew sizeably in January, a day after it was announced the nation fell into a recession last year.The reading calmed some nerves about the health of the UK economy and supported shares in the retail sector.NatWest sent lenders higher, meanwhile, though the stock itself had somewhat of