Stocks in Europe were mostly lower on Wednesday morning, ahead of the UK budget announcement by Chancellor Rachel Reeves, while Standard Chartered rose after it said it delivered a strong performance.Ahead of the budget, the pound was quoted at $1.3020 early Wednesday, rising from $1.2991 at the London equities close on Tuesday.Brown Brothers Harriman analysts believe the pound faces 'downside ris

Stocks in London ended the week in the green, as the possibility of a 50-basis point cut from the Federal Reserve was increasingly priced in by the markets.The FTSE 100 index rose 32.12 points, or 0.4%, at 8,273.09. The FTSE 250 ended up 199.60 points, 1.0%, at 20,895.37, and the AIM All-Share firmed 3.87 points, or 0.5%, at 745.23.For the week, the FTSE 100 rose 1.1%, the FTSE 250 climbed 2.0% an

European stocks traded lower at midday on Friday as weak US data sparked concerns that growth in the world's largest economy could be slowing.The FTSE 100 index was down 34.90 points, 0.4%, at 8,248.46. The FTSE 250 was 358.17 points, 1.7%, at 21,101.06, and the AIM All-Share was down 5.27 points, 0.7%, at 777.81.The Cboe UK 100 was down 0.4%, the Cboe UK 250 was down 1.2% at 18,461.00, and the Cb

London?s FTSE 100 edged slightly lower going into Thursday afternoon, but trade in Paris and Frankfurt was more positive, ahead of a slew of US data.The FTSE 100 index fell just 3.77 points to 7,768.40. The FTSE 250 climbed 58.38 points, 0.3%, to 19,622.30, and the AIM All-Share was flat at 738.82.The Cboe UK 100 was down 0.1% at 777.94, the Cboe UK 250 added 0.4% at 17,001.13, and the Cboe Small

European equities finished Thursday firmly in the green, despite a mixed bag of company updates and earnings, alongside fears on the outlook of US interest rates and lukewarm data from China.The FTSE 100 index close up 53.95 points, 0.7%, at 7,455.67. The FTSE 250 ended up 191.59 points, 1.1%, at 18,037.85, and the AIM All-Share closed up 0.4%, or 2.58 points, at 704.26.The Cboe UK 100 ended up 0.

Investors finished Wednesday cautious in London, with the FTSE 100 mildly down in a mixed day of trading, as US Federal Reserve Chair Jerome Powell's speech gave away little on the future of US interest rates.The FTSE 100 index closed down 8.32 points, or 0.1%, at 7,401.72. The FTSE 250 ended up 84.55 points, 0.5%, at 17,846.26, and the AIM All-Share closed up 3.05 points, or 0.4%, at 701.68.The C

The FTSE 100 was held back by miners and oil firms on Tuesday, while other stocks finished on the up, amid a slight recovery for the dollar.The FTSE 100 index closed down 7.72 points, 0.1%, at 7,410.04. The FTSE 250 ended up 14.24 points, 0.1%, at 17,761.71, and the AIM All-Share closed up 0.75 of a point, or 0.1%, at 698.63.The Cboe UK 100 ended down 0.2% at 739.72, the Cboe UK 250 closed up 0.1%

The FTSE 100 index ended the week higher, following an interest rate hike from the European Central Bank Thursday.Attention now turns to interest rate decisions from the US Federal Reserve on Wednesday and the Bank of England on Thursday.The FTSE 100 index closed up 38.30 points, or 0.5% at 7,711.38 on Friday and ended the week 3.1% higher.The FTSE 250 ended down 109.93 points, or 0.6%, at 18,789.

Stocks in London declined at midday on Wednesday after a busy morning of earnings, ahead of a key interest rate decision from the US in the evening.The FTSE 100 index was down 42.35 points, 0.6%, at 7,649.45. The FTSE 250 was down 52.76 points, 0.3%, at 19,097.12, and the AIM All-Share was down 0.23 of a points at 765.77.The Cboe UK 100 was down 0.6% at 762.99, the Cboe UK 250 was down 0.2% at 16,

Since inception in October 2019 RTW Biotech Opportunities (RTW) has delivered 65.3% growth in NAV (net asset value), smashing the performance of the Russell 2000 Biotech index which is down 0.7% as well as the NBI (Nasdaq Biotech Index) which is up 20.6% over the same period.Despite the superior performance to the benchmark and peers, the shares trade at an unwarranted 23% discount to NAV, represe

Stock prices in London were mixed at midday on Monday as downbeat economic data out of the world's second-largest economy continued to weigh on market mood.The FTSE 100 index was up 11.35 points, 0.2%, at 7,268.29. The FTSE 250 was up 0.49 of a point at 18,004.46, and the AIM All-Share was down 1.88 points, 0.3%, at 739.83.The Cboe UK 100 was up 0.2% at 724.73, the Cboe UK 250 was flat at 15,766.3

Market attention on Friday turned to the US employment report and, further out, the next interest rate decision by the Federal Reserve, after legislators passed a bill that will prevent the US government from defaulting on its debts.Stocks were higher ahead of the May nonfarm payrolls report, due out at 1330 BST.The FTSE 100 index was up 74.26 points, 1.0%, at 7,564.53 at midday in London. The FTS

Stocks in London closed largely higher on Friday and across the week, although sterling slid after the release of weak gross domestic product data in the UK.The FTSE 100 index closed up 24.04 points, or 0.3% at 7,754.62 on Friday and closed the week 0.7% higher.The FTSE 250 ended down 77.93 points, or 0.4%, at 19,188.37 - finishing the week down 0.3%.The AIM All-Share closed up 1.73 points, or 0.2

The boom and bust of Neil Woodford's fund management career showed that star fund managers are not invincible and that a better solution might be to have two or three managers making investment decisions as a team rather than rely on one person.But what if that team consisted of 15 people? That is the situation with Swiss asset management firm 2Xideas, which has taken the view that one person alon

Bank shares were back under severe selling pressure on Wednesday, with some suspended from trading, after yet more bad news for Credit Suisse reawakened worries caused by the collapse of Silicon Valley Bank.Just a handful of FTSE 100 stocks were in the green around midday UK time, all largely 'safe' utilities or pharmaceutical firms.While stocks made a tepid start to the day, they managed to hang

Stocks in London closed sharply lower on Monday, with markets still reeling from the collapse of Silicon Valley Bank.The FTSE 100 index closed down 199.72 points, or 2.6% at 7,548.63 on Monday. The FTSE 250 ended down 532.38 points, or 2.8%, at 18,825.08. The AIM All-Share closed down 18.28 points, or 2.2%, at 819.16.The Cboe UK 100 ended down 2.4% at 755.81, the Cboe UK 250 closed down 2.8% at 16

Shares closed lower in London on Thursday, as investor sentiment fell on the back of worries over poor US retail sales and fears of rate hikes in Europe.Wednesday's poor US retail sales reading soured hopes of a soft landing for the world's largest economy in the face of Federal Reserve rate hikes, while corporate earnings remain in focus in New York, with numbers from Netflix ahead.In Europe, Eur

With investor eyes fixed nervously on a trio of central bank interest rate decision next week, the FTSE 100 closed in the red on Thursday despite a strong performance from mining stocks.The US Federal Reserve will announce its next interest rate decision on Wednesday next week, a day before the Bank of England and the European Central Bank reveal their own respective decisions.'Financial markets a

Equity investors started the new week in a risk-off mood, amid surprising scenes of protest in China over the weekend, though the dollar failed to benefit.The FTSE 100 index was down 27.72 points, 0.4%, at 7,458.95 at midday on Monday. The FTSE 250 was down 201.94 points, 1.0% at 19,343.76, but the AIM All-Share was up 1.48 points, 0.2%, at 848.55.The Cboe UK 100 was down 0.4% at 746.07, the Cboe

London share prices were mixed on Monday, while the pound was lower, after eurozone inflation data provided a reminder of the pressure on central banks, ahead of two key policy decisions later this week.The FTSE 100 index was up 8.26 points, 0.1%, at 7,055.93. The FTSE 250 was down 16.02 points, also 0.1%, at 17,900.65, and the AIM All-Share was up 0.57 of a point, 0.1%, at 805.94.The Cboe UK 100