Stocks in London slipped at the close on Tuesday, joining the pound, which failed to pack a punch against the dollar amid political uncertainty.The FTSE 100 index slumped 99.42 points, 1.2%, at 8,025.77. The FTSE 250 closed down 295.73 points, 1.4%, at 20,427.80. The AIM All-Share fell 7.07 points, 1.0%, at 730.86.The Cboe UK 100 declined 1.2% at 805.89, the Cboe UK 250 retreated 1.6% at 17,865.50

Sales and profit outlook upgradedAll divisions contributingStrategic plans paying offGlobal medical products company Convatec (CTEC) jumped 20% to top the FTSE 100 leaderboard after upgrading full year sales growth and margin guidance in an unscheduled trading update.It is one of the biggest one-day advances in the shares since the business listed on the stock market in 2016 and means they are out

Stock prices in blue chip indices in London, Paris and Frankfurt were in the red at Tuesday around midday as UK unemployment and German annual inflation increased, as investors digest Donald Trump's election victory in the US.Annual consumer price inflation in Germany quickened to 2.0% last month. However Germany's outlook has weakened in the eyes of financial experts, survey results from the ZEW

Group to focus solely on energyHealth and Technology no longer coreCash return could top £2 billionIrish-based sales and marketing group DCC (DCC) surprised investors with a major strategic overhaul alongside its results for the six months to the end of September.The shares responded positively, jumping as much as 900p or 18% to a high of £58.65 before settling up 750p or 15% at £57.20 making t

Stocks closed higher in London on Monday, with the FTSE 100 snapping out of a four-day losing streak following a boost from UK high street banks.The FTSE 100 index rose 52.80 points, 0.7%, at 8,125.19. The FTSE 250 closed up 203.57 points, 1.0%, at 20,721.49. The AIM All-Share gained 3.57 points, 0.5%, at 737.93.The Cboe UK 100 rose 0.7% at 815.50, the Cboe UK 250 advanced 1.1% at 18,160.09 but th

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

Stock prices in Europe were in the green on Monday morning after data on Saturday showed that annual consumer price inflation in China slowed in October.Swissquote's Ipek Ozkardeskaya said that 'the picture remains bullish for the US equities' following Trump's re-election but 'Elsewhere, worries mount: FTSE 100 and the European Stoxx 600 index both closed last week below the 200-DMA on worries ab

Equities in London ended lower on Friday, with miners and other China-exposed stocks hurting the FTSE 100, though a reassuring update from the British Airways parent lifted travel shares.Broker cuts hurt Greggs and Mitchells & Butler, while investors fretted for Vistry again after the housebuilder warned on profit.The FTSE 100 index fell 68.35 points, 0.8%, at 8,072.39, fading 1.3% this week. The

Stock prices in Europe were mixed on Thursday morning ahead of interest rate decisions by the Bank of England and the Federal Reserve, as investors digest Donald Trump's incoming second presidential term.'The BoE is expected to cut rates by 25bp today,' noted Swissquote's Ipek Ozkardeskaya. 'The markets price in two more rate cuts by the end of next year and gives a 35% chance for a third one... [

Calendar third quarter earnings from the so-called 'Magnificent Seven' revealed a stark divide this year, with the tech giants delivering mixed results that are reshaping stock performance expectations.Of the six 'Magnificent Seven' stocks that have reported results already, the market didn't like three; Apple (AAPL:NASDAQ), Microsoft (MSFT:NASDAQ), and Meta Platforms (META:NASDAQ), loved what Tes

Gold has had a great year. Spot prices hit another all-time high (30 October) of $2,781 per ounce, based on Bloomberg data, chalking up 35% gains so far in 2024, having broken through the $2,600 level in September for the very first time.That trumps global equities, based on the FTSE World Index's 18% returns, and even high-flying tech firms have struggled to keep pace, based on the 27% year-to-da

Chancellor Rachel Reeves announced an astonishing £40 billion of tax rises in her maiden budget, and yet, despite that, there will be relief in some quarters that things didn't turn out worse.Capital gains tax is one of the areas where the Reeves' raid was not as bad as feared, as there had been speculation she would bring capital gains tax rates into line with income tax, with the top rate risin

Recent changes to the UK's listing rules should lead to a host of new names joining the FTSE 100 and FTSE 250 indices in the new year, generating more interest in the UK stock market and putting more companies on the radar of investors.This matters to investors whether they own UK stocks directly, have exposure via actively-managed funds or simply track certain parts of the market through an excha

There was a certain degree of investor bemusement last month when shares in US electricity generation company Constellation Energy (CEG:NASDAQ) soared on news technology giant Microsoft (MSFT:NASDAQ) had signed a 20-year power purchase agreement.This was no ordinary deal, however, as it paves the way for the restart of Three Mile Island 1 ? not the reactor which famously melted down in 1979, but a

Beazley and Lancashire shares rallyLancashire to pay a special dividendConduit Holdings shares drop 10%Given the succession of devastating storms which hit the US this autumn, investors in insurers covering catastrophe loss had every right to be nervous when it came to reporting season.In the event, two of the biggest UK-listed property and casualty insurers - Beazley (BEZ) and Lancashire Holdings

Stock prices Europe rose on Wednesday morning as Donald Trump was set for a second term as US president, as a slew of European purchasing managers indices came in.Donald Trump has claimed victory in the US election, with traders ramping up bets on fresh tax cuts, tariffs, and rising inflation.While polls had shown the race on a knife edge, the Republican fared far better than his Democratic oppone

Stock prices in London were mostly higher at midday Tuesday as US voters are choosing their next president, as data showed UK service sector growth softened but outperformed its flash reading in October.The S&P Global UK services purchasing managers' index declined to 52.0 points in October from 52.4 in September, but beat the flash score of 51.8 points. The PMI composite output index fell to 51.8

Cash pile hits $325 billionApple stake reduced to $70 billionShare buybacks haltedInvestment conglomerate Berkshire Hathaway (BRK-N:NYSE) revealed it has added to its mountain of cash and further sold down its Apple (APPL:NASDAQ) stake in the third quarter.Traditionally the Omaha, Nebraska-based company, headed by legendary investor Warren Buffett, releases results on a Saturday to give investors

Stock prices in London were in the green at midday on Monday, as budget fears were shaken off ahead of the US presidential election on Tuesday and the Bank of England interest rate decision on Thursday.The FTSE 100 index was up 52.82 points, 0.7%, at 8,229.97. The FTSE 250 was up 78.24 points, 0.4%, at 20,557.98, and the AIM All-Share was up 0.01 points, flat, at 739.01.The Cboe UK 100 was up 0.6%

Computacenter director offloads £13 million of stockMoonpig boss in £2.47 million saleMorgan Sindall CEO sells 449,080 sharesA person closely associated with Computacenter (CCC) non-executive director Peter Ogden sold 562,284 shares at £23.12 for a total value of £13 million on 30 October.These ordinary shares have been sold to trusts of which the beneficiaries are members of the Ogden family.