Daily market update

Takeovers galore as Direct Line and Loungers join the M&A list, Royal Mail Kretinsky deal nears endgame, Ocado’s latest setback, Microsoft antitrust chatter and Dr Martens finally puts the right foot forward

“After a difficult few days, European markets had a spring in their step on Thursday,” says Dan Coatsworth, Investment Analyst at AJ Bell.

“The...

Thu, 28/11/2024 - 11:14

Supermarket relief over loyalty probe, loss-making Pennon has much to do, Just Eat to leave UK stock market, Pets at Home counts cost of Budget and subdued market and EasyJet reports record summer

“The FTSE 100 was the outlier in a sea of red across the main European indices. The UK index nudged up 0.16% to 8,271 thanks...

Wed, 27/11/2024 - 11:02

Markets retreat as Trump goes aggressive on tariffs, Melrose boosted by broker upgrade, Halfords stuck in the slow lane, Compass disappoints and AO upgrades guidance

“Talk about swinging from one extreme to the other. The week started on a calm note with the nomination of Scott Bessent as US Treasury...

Tue, 26/11/2024 - 10:12

FTSE 100 higher as markets welcome Trump’s Treasury pick, , ITV up on takeover chatter and InterContinental Hotels in JPMorgan Chase tie-up

“The FTSE 100 made a decent start on Monday morning after US president-elect Donald Trump’s pick for Treasury secretary got a warm reception from the...

Mon, 25/11/2024 - 10:00

FTSE 100 higher as energy stocks advance, UK retail sales disappoint, Games Workshop shares reach new record high as it raises guidance and DFS reports robust trading

“The FTSE 100 enjoyed strong gains on Friday morning after mixed trading in Asia and the US last night,” says AJ Bell Investment Director Russ...

Fri, 22/11/2024 - 09:53

Bitcoin on the run again, new drama between Frasers and Boohoo, JD Sports disappoints, Liontrust on the comeback trail and Jet2 soars

“Amid a relatively calm day for equities, investors’ attention was elsewhere on the markets as bitcoin edged ever closer to the magic $100,000 level,” says...

Thu, 21/11/2024 - 10:14

All eyes on Nvidia, US retail continues its divergent fortunes as TJX impresses and Target misses and MicroStrategy soars as it prepares to go on bitcoin shopping spree

“A 2%-plus decline in Nvidia’s share price ahead of its latest results doesn’t set a celebratory tone. It implies investors are slightly nervous about...

Wed, 20/11/2024 - 16:18

FTSE 100 steady, UK inflation comes in higher than expected, British Land gets retail boost, Sage shines and unveils buyback, Severn Trent profit up and Hornby continues to chalk up losses

“After yesterday’s wobble on heightened tensions between Russia and the West, the FTSE 100 was steady in early trading on Wednesday,” says AJ Bell Investment...

Wed, 20/11/2024 - 11:03

Investors turn to safe-haven assets amid escalating tensions between Russia and Ukraine, Walmart delivers another crowd-pleasing update

“It’s been a tough day for markets as investors rushed for safe-haven assets, rattled by escalating tensions between Russia and Ukraine,” says AJ Bell Head...

Tue, 19/11/2024 - 17:18

Imperial Brands lights up, Novo Nordisk launches weight-loss drug in China, Alphabet could be forced to sell Chrome, Nestlé to slash costs and carve out water and drinks arm and Mulberry’s losses grow

“Well-received results from Imperial Brands helped to drive the FTSE 100 up 0.15% to 8,121. Imperial Brands’ shares lit up 1.8% to £24.45, having...

Tue, 19/11/2024 - 10:10

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