Stock prices in London were mixed on Thursday morning while water companies enjoyed a boost from Ofwat announcing an increase in water prices for customers in England and Wales.The FTSE 100 index opened up 13.36 points, 0.2%, at 8,206.87. The FTSE 250 was down just 0.88 of a point at 20,926.88, and the AIM All-Share was up 3.30 points, 0.4%, at 776.15.The Cboe UK 100 was up 0.3% at 818.38, the...

Blue-chip equities in Europe were lower early Tuesday afternoon, with comments from central bankers, who have so far fallen short of declaring victory against inflation, hurting the mood.?Markets are going through a one step forward, one step back motion at present, struggling to sustain a proper breakout despite investors increasingly taking the view that central banks are done with raising...

Healthcare and corporate fitness services provider Totally (TLY:AIM) said it expects full year profit to 31 March 2022 to be 'substantially ahead' of market forecasts.Today's announcement follows on from a brief trading update on 14 April 2022 when the company said performance was anticipated to be 'ahead' of market expectations.The shares gained 4% to 44p adding to recent momentum which has...

London's FTSE 100 closed Thursday's session 1.25% higher at 7,260.61, the blue chip benchmark taking the Bank of England's surprise interest rate hike from 0.1% to 0.25% in its stride, despite sterling gaining as a result.Around 70% of the FTSE's constituents earn in foreign currencies so a rising pound is negative for them.The central bank was widely expected to keep rates on hold due to the...

After trading sideways last week, the FTSE100 started the week in a positive mood with investors happy to bid up cyclical stocks even as US equity and bond markets were closed for the Labour Day holiday.By the close, the benchmark index was up 50 points or 0.7% to 7,190 points, just shy of its all-time high of 7,224 in August, led by industrial and consumer stocks on hopes of further central...

After trading sideways last week, the FTSE100 index started the week in a bullish mood with investors happy to bid up cyclical stocks even as US equity and bond markets were closed for the Labour Day holiday.By midday the benchmark was up 48 points or 0.7% to 7,187 points, led by industrial and consumer stocks on hopes of further central bank support for markets in the wake of weak US jobs...

The FTSE100 index started the week marginally higher at 7,172 points in a session that looked likely to be subdued given US stock and bond markets were closed for the Labour Day holiday.The resignation of Japanese prime minister Yoshide Suga proved a catalyst for continued strength in the Nikkei 225 index, which ended last week at a four-month high as investors anticipated a new leader would...

UK stocks were marginally lower on Tuesday as higher oil prices and a rally in the pound unnerved investors. At 8.30am the FTSE 100 index was down 10 points or 0.1% at 7,155 points with weakness in real estate and financial stocks offsetting gains in retailers and energy producers.Oil prices spiked as the OPEC+ cartel failed to agree on a deal to increase production. Brent crude futures topped...

The UK's flagship stock market index finished in negative territory on Monday, with the FTSE 100 losing almost 1% to 7,073 after Europe introduced tougher curbs on UK travellers to stem the rising cases of the delta variant.The new restrictions put pressure on the airlines with EasyJet (EZJ) and Jet2 (JET2:AIM) declining by around 5% each.CORPORATE NEWSLuxury goods group Burberry (BRBY)...

The new trading week got off to a disappointing start with the UK's flagship stock market index in negative territory. Having initially seen modest gains on Monday morning, by midday the FTSE 100 had fallen 0.6% to 7,096, dragged down by weakness in banks and oil producers.Brent Crude oil dipped 0.3% to $75.98 per barrel while gold also eased back by the same percentage points to trade at...

London's FTSE 100 fell modestly in early dealings on Monday, off 0.2% at 7,120.61 by 8.45 am, as the spread of more transmissible forms of the virus that causes Covid-19, both at home and abroad, tempered global recovery hopes.Brent crude oil prices held firm above $76 per barrel while gold nudged 0.1% ahead to $1,784 per ounce.Higher oil prices, a major cost, together with fading hopes of a...

UK shares opened slightly lower on Tuesday after February GDP moved back to growth of 0.4%, positive but below economists' expectations.Trading in Asia was mixed after Chinese exports grew at a record pace in March, with the Shanghai Composite down 0.5% while the Nikkei 225 was 0.7% higher.Brent Crude prices were 0.6% higher at $63.7 a barrel while Gold was Gold was 0.3% lower at $1,727 an...

London's FTSE 100 finished Monday's session 0.9% to the good at 6,466.42 points, rebounding after its worst week since October on positive Chinese manufacturing data and a boost from a strong Wall Street open.Silver prices rose to an eight-year high before dropping back amid suggestions the precious metal is being targeted by day traders associated with the Wallstreetbets group on community...

London's FTSE 100 was up 1.4% at 6,495.2 points at midday on Monday as China injected fresh funds into its money market and the price of silver surged 10% to $29.49 an ounce as retail investors piled in.The precious metal has become the latest asset to be targeted by retail investors associated with the Wallstreetbets group on community platform Reddit.Shares in silver miners soared, with FTSE...

The FTSE 100 gained 0.66% to 6,449 shortly after trading began on Monday as China injected fresh funds into its money market, while silver prices rose on expectations the precious metal is being targeted by newly empowered day traders.The FTSE's gain comes after a strong rally in Asian markets, with Japan's Nikkei 225 up 1.55%, the Hang Seng in Hong Kong soaring 2.15% and China's Shanghai...

UK markets closed the Monday session firmly on the front foot as investors welcomed a swathe of positive trading updates and raised guidance, lifting spirits and share prices.The benchmark FTSE 100 romped 2.4% higher to 5,937.40 thanks to gains in healthcare and retail stocks. The sell-off in the US at the end of last week, which wiped 4.3% off the S&P 500 index and 6.4% off the Nasdaq 100,...

UK shares continued their strong recovery run at lunchtime on Monday as a raft of positive trading updates and raised guidance lifted investor spirits and share prices.The benchmark FTSE 100 romped 1.8% higher to 5,905.32 points thanks to gains in healthcare and retail stocks. The sell-off in the US at the end of last week, which wiped 4.3% off the S&P 500 index and 6.4% off the Nasdaq 100,...

London's FTSE 100 made some decent gains by lunchtime on Monday after a volatile morning as rising commodity prices and a $101 billion injection into China's financial system eventually lifted the index.However, weighing on UK stocks were further falls in travel companies, as investors continued to digest new quarantine restrictions placed on European travelers.The UK's benchmark index rose...

London's FTSE 100 crept higher on Monday, up 0.18% to 6,100.85 early on, as rises in the oil and mining sectors were offset by further falls in travel companies and the $101 billion injection into China's financial system announced overnight failed to really move the market.Among the mining titans, Rio Tinto (RIO) ticked up 1.5% to £47.76, BHP (BHP) also caught a bid, adding 1.5% to trade at...

Hopes of a 'V-shaped' recovery in the UK stock market look to be fading as shares continue to take a beating, while dividend wipe-out across the market continues.The benchmark FTSE 100 index opened 3.7% down at 5,602 this morning, with investors hopes also dented by a warning from the Bank of England that the UK economy is set for long-term damage as a result of the coronavirus...