London's FTSE 100 held modest gains around midday on Monday but there were mixed fortunes elsewhere in Europe, as the DAX 40 hit a new high while the CAC 40 faltered.The FTSE 100 index rose 13.07 points, 0.2%, to 8,300.37. The FTSE 250 slipped just 6.30 points at 20,765.27, and the AIM All-Share added only 0.18 of a point at 732.67.The Cboe UK 100 was up 0.2% at 833.95, the Cboe UK 250 lost 0.1% a

Takeover tilt by Italian rival expectedBurberry results due 14 NovemberAnalysts expect lurch into lossFirmly out of fashion with investors this year amid a slowdown in luxury goods demand, shares in Burberry (BRBY) rallied 2% to 822p on 11 November as excitement surrounding a bid from Italian outerwear rival Moncler (MONC:BIT) continued to build.According to correspondence viewed by The Mail on Su

Funds inevitably have their up and downs in performance. When a fund has gone through a particularly poor spell, does this represent a buying opportunity for investors in the expectation it will bounce back to form?Likewise for existing investors, should they stick or twist? Fortunately, there are lots of studies from the institutional fund management world which provide answers to that question a

In the coming week (22-24 October), Russia will host the latest annual BRICS summit in Kazan. For all that one of the meeting's key goals is to tackle neglected tropical diseases, few investors may be inclined to pay attention, not least given the economic sanctions imposed upon the host nation. The concept of the Brazil, Russia, India, China and South Africa (the BRICS) as an investable grouping

Over the long haul, small-caps have historically outperformed large caps, fuelling the research highlighting the so-called 'small-cap effect' ? the idea that smaller companies offer higher risk-adjusted returns than larger ones. Unfortunately, the higher interest rate environment of recent years has proved tough for the stock market's small fry, who've spent more than a decade lagging more sizeabl

Luxury goods brand Burberry (BRBY) has ended its 15-year sojourn in the FTSE 100.The relegation comes after dramatic share price falls for the company in 2024. EasyJet (EZJ), which had been on course to suffer the same fate, looks to have saved itself with a recent rally (confirmation of the outcome of the reshuffle was due after market close on 4 September).In May this year, EasyJet investors bec

You might not think online grocery retailer Ocado (OCDO), luxury goods group Burberry (BRBY) and UK water utility giant Pennon (PNN) have much in common. However, they are all among the most shorted stocks according to data from the FCA (Financial Conduct Authority) daily short position report which you can find on the published on the ShortTracker website.WHAT IS SHORT SELLING?Short selling also

Stock prices opened lower on Monday morning in Europe, which has a lot of purchasing managers' index data out today, while financial markets in the US and Canada remain closed for Labor Day.In early corporate news, Australia's REA Group confirmed it is considering making a takeover offer for UK peer Rightmove.The FTSE 100 index opened down 15.50 points, or 0.2%, at 8,361.13. The FTSE 250 was down

It was a week of ups and downs for the US market as investors awaited Federal Reserve chair Jerome Powell's address to the Jackson Hole Symposium on 23 August.<img src="https://datawrapper.dwcdn.net/O7wOm/full.png" alt="" data-mce-fragment="1" data-mce-src="https://datawrapper.dwcdn.net/O7wOm/full.png"><span id="mce_marker" data-mce-type="bookmark" data

Burberry (BRBY) 719pLoss to date: 44.3%It's never easy confronting a big loss, but we have to admit we were too early in calling the turn at mono-brand fashion firm Burberry (BRBY).We said at the time there was risk involved given the company had issued two profit warnings, which tend not to be isolated events, but we felt with the shares having halved in the 12 months to February there wasn't muc

Shares in luxury goods group Burberry (BRBY) slumped more than 15% to 747p, their lowest level in more than a decade, after the firm warned it could make a first-half operating loss if weakness in its core markets persisted.In its first-quarter trading update covering the three months to the end of June, the company said its performance had been disappointing due to a luxury market which is provin

Warning of potential first-half lossFY25 dividends suspendedNew chief executive appointedLuxury group Burberry (BRBY) posted another disappointing trading update, saying the market weakness it had experienced in the fourth quarter of its financial year to the end of March had continued into July meaning it needed to take drastic action to deliver a second-half improvement.As well as suspending its

Up to $2 billion impairment expectedBP sees earnings hit from lower refining marginsHunting upgrades guidance, Wood wins Shell contractBP (BP.) shares slid 3.6% to 457.6p on Tuesday after the energy producer warned it would book impairments of up to $2 billion in the second quarter of 2024 arising from plans to scale back refining operations in Germany which have been hit by rising energy costs an

Stock prices in London were in the green on Wednesday morning, despite its peers in Paris and Frankfurt falling, ahead of a slew of data from the eurozone and the US.The FTSE 100 index opened up 22.67 points, or 0.3%, at 8,254.83. The FTSE 250 was up 48.92 points, or 0.2%, at 20,766.91, and the AIM All-Share was up 2.15 points, or 0.3%, at 800.35.The Cboe UK 100 was up 0.2% at 822.79, the Cboe UK

The American financial markets writer and publisher Jim Grant once observed that: 'Successful investing is having everyone agree with you ?. Later.' This makes perfect sense, as it distils the concept of going against the crowd to buy cheaply and then sell expensively to lock in the gain and the initial thesis is now the consensus view and thus reflected in the valuation.However, this column does

The FTSE 100 finished strong on Thursday, coinciding with a successful day for New York stocks in the aftermath of the Federal Reserve?s status quo interest rate decision on Wednesday evening.The FTSE 100 index closed up 50.91 points, 0.6%, at 8,172.15. The FTSE 250 ended up 125.74 points, 0.6%, at 20,052.33, and the AIM All-Share closed up 3.13 points, 0.4%, at 768.11.The Cboe UK 100 ended up 0.6

Group revenue year-on-year down 6.7%Print revenue down 6%Circulation revenue down 3.4%Shares in Reach (RCH) were up over 9% to 81p in morning trading as one of the UK?s biggest newspaper groups said it was ?on track? to deliver full year expectations.Investors seemed to ignore the 6.7% fall in group revenue with print revenue falling 6% and circulation revenue falling 3.4% in the first quarter.The

US-listed large-caps shone last year with shares in mega-caps, and the ?Magnificent Seven? in particular, surging higher. However, this outperformance only widened the valuation gap between US large and small-caps and left shares in the latter cohort languishing at the low end of historical valuations.Over one and five years, the Russell 2000 index of US small-cap stocks is up 14.6% and 30.5% at t

HgCapital Trust (HGT) 458.8pMarket cap: £2.1 billionWhile it may not be as well known as FTSE 100 private equity firm 3i (III), specialist software and services investment trust HgCapital (HGT) has an equally impressive track record.Total share-price returns over the last decade are 18.8% per year, slightly ahead of the FTSE 100 giant which has posted 18% compound annual growth, while 2023 saw it

Revenue down 5.4% to £568.6 millionPrint circulation revenue up 2%Pre-tax profits down 10% to £92.7 millionShares in Reach (RCH) were up over 15% at one point in morning trading to 68p after annual profit came in slightly ahead of market expectations. The newspaper publisher reported a 5.4% fall in revenue to £568.6 million for the 53 weeks to 31 December 2023.The shares were also buoyed by po