Stocks in London headed higher on Thursday, in line with the positive mood seen across global equity markets following the interest rate cut from the European Central Bank.The FTSE 100 index rose 47.03 points, or 0.6%, at 8,240.97. The FTSE 250 ended up 158.52 points, 0.8%, at 20,695.77, and the AIM All-Share firmed 3.27 points, or 0.4%, at 741.36.The Cboe UK 100 rose 0.5% to 823.99, the Cboe UK 2

Stock prices in European were firmly in the green on Thursday morning, as investors await an interest rate decision by the European Central Bank early in the afternoon.Though the FTSE 100 struggled on Wednesday, a US consumer price inflation reading was eventually well-received in New York. Tech shares soared, helping to turn sentiment in global equities positive on Thursday morning.The FTSE 100 i

As we write AI (artificial intelligence) chip champion Nvidia (NVDA:NASDAQ) has fallen more than 16% since reporting second quarter numbers. That's the equivalent of losing an entire Procter & Gamble (PG:NYSE) or two AstraZeneca's (AZN), the UK's largest listed company.To lose one AstraZeneca might be considered unfortunate, losing two is downright incompetence.Quips aside, more than $400 billion

Stocks in London pulled back by Wednesday afternoon, after stubborn US core inflation figures all but extinguished hopes of a 50 basis point rate cut from the Federal Reserve.The FTSE 100 index fell 12.04 points, or 0.2%, at 8,193.94. The FTSE 250 ended down 118.89 points, 0.6%, at 20,537.25, and the AIM All-Share eased 5.77 points, or 0.8%, at 738.09.The Cboe UK 100 fell 0.3% to 819.82, the Cboe

Federal Reserve chair Jay Powell's speech at the Jackson Hole symposium made it clear that the central bank believes its work is more or less done in taming inflation and the focus now is to keep the US labour market in rude health.The change of tone puts August's non-farm payrolls data on 6 September firmly into the spotlight. The prior month's 114,000 print fell way short of market expectations

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

Stocks in London were higher at midday Monday, as investors sighed relief from a weeks of ups and downs, ahead of unemployment data from the UK and key inflation data from the US.The FTSE 100 index was up 37.76 points, 0.5%, at 8,205.86. The FTSE 250 was up 55.52 points, 0.3%, at 20,680.70, and the AIM All-Share was up 1.82 points, 0.2%, at 768.06.The Cboe UK 100 was up 0.4% at 819.96, the Cboe UK

Markets in London edged higher on Thursday around midday, after news that the Bank of England has cut interest rates for the first time in over four years.Against the dollar, the pound slipped to $1.2768 early on Thursday afternoon in London, from $1.2844 at the London equities close on Wednesday. Sterling traded as low as $1.2755 earlier on Thursday, its weakest level in around a month.The FTSE 1

Investor excitement surrounding weight-loss drugs has arguably been as great if not greater than that seen for everything AI (artificial intelligence) in the last two years.Market leaders Novo Nordisk (NOVO-B:CPH) and Eli Lilly (LLY:NYSE), makers of Wegovy and Zepbound respectively, have seen their share prices soar as investors seemingly extrapolate their initial success years into the future.Ben

Stocks in London ran out of steam by the end of Monday, with focus on the trio of major central bank meetings this week, and the UK chancellor's latest update on the '£22 billion black hole' in the country's finances.The FTSE 100 index closed up 6.64 points, 0.1%, at 8,292.35. The FTSE 250 ended down 104.23, 0.5%, at 21,252.07, and the AIM All-Share closed down 2.35 points, 0.3%, at 777.32.The bl

London's equity markets started the week on a strong footing on Monday, though the pound weakened ahead of a trio of central bank decisions.The Bank of England will announce its latest interest rate decision on Thursday, after rate calls from the Bank of Japan and the US Federal Reserve on Wednesday.The FTSE 100 index traded up 60.77 points, or 0.7%, at 8,346.48 on Monday afternoon. The FTSE 250 r

More than $15 billion wiped off market capHealthcare firm posted Q2 miss and cut Q3 guidanceStock seen rallying to $145, according to analystsHealthcare kit maker DexCom (DXCM:NASDAQ) saw $15 billion swiped from its market value overnight after the company posted a big second quarter miss and slashed its Q3 guidance.Previously valued at more than $42 billion, the San Diego, California-based firm s

Stocks in Europe failed to hold early gains on Monday, closing lower, as investors assessed the implications of an expected political gridlock in France.The FTSE 100 index ended down 10.44 points, 0.1%, at 8,193.49. The FTSE 250 rose 11.67 points, 0.1%, at 20,798.32, and the AIM All-Share edged up 0.77 of a point, 0.1%, to 775.16.The Cboe UK 100 ended up 0.1% at 816.60, the Cboe UK 250 closed down

European stocks closed higher in confident trade on Wednesday, with the mood supported by cooler US data aiding interest rate cut hopes, and belief that the French election outcome could be more favourable than first feared.French voters went to the polls for the first round of the legislative election on Sunday, and they return to them this week. In the UK, there was a boost for the Labour Party

Organic customer growth of 14.1%Full year dividend up 3p to 83pShares up 19% over the past yearShares in Telecom Plus (TEP) were up over 2% to £19.20 in morning trading as the multi-utility supplier reported an adjusted pre-tax profit of £116.9 million, up 21.5% for the full year ending 31 March 2024, slightly above market expectations.The company said it continued to perform strongly against th

Stock up 14.3% in unconditional dealingsAffordable computer developer already profitableIPO will boost brand awarenessToday marked the first day of unconditional dealing on the stock market for Raspberry Pi (RPI), which meant investors could buy and sell shares in the affordable computer designer as they wished without restrictions.This trading freedom saw the stock enjoy another pop, jumping a fu

Affordable computer developer Raspberry Pi (RPI) made a stunning debut on the London Stock Exchange with its IPO (initial public offering) priced at 280p, the top end of the range, and the shares surging 30% higher to 360p in early dealings, valuing the company at nearly £700 million.UK tech stories are few and far between in London, so investors will be hoping Raspberry Pi's success can attract

Pre-tax profits soared 90% last yearHeavyweight backers include Arm and Sony$21.2 billion market opportunityAffordable computer developer Raspberry Pi (RPI) made a stunning debut on the London Stock Exchange with its IPO (initial public offering) priced at 280p, the top end of the range, and the shares surging 30% higher to 360p in early dealings.UK tech stories are few and far between in London,

Stock prices in London fell on Monday morning alongside its European peers, after right-wing gains in the EU election and a subsequent French snap election.Eyes are also set on the next interest rate decision from the US Federal Reserve on Wednesday.The FTSE 100 index opened down 26.01 points, 0.3%, at 8,219.36. The FTSE 250 was down 87.84 points, 0.4%, at 20,467.53, and the AIM All-Share was down

Stocks in London reacted positively on Thursday, after news of the European Central Bank's first interest rate cut in five years.The FTSE 100 index closed up 38.39 points, 0.5%, at 8,285.34. The FTSE 250 ended up 42.47 points, 0.2%, at 20,715.88, and the AIM All-Share closed down 2.43 points, 0.3%, at 796.54.The Cboe UK 100 ended up 0.4% at 825.85, the Cboe UK 250 closed down 0.1% at 18,135.48, an