Daily market update

FTSE 100 higher, Shein IPO in sight according to reports, retail investors shun Boohoo fundraise, Melrose sticks with guidance and Begbies Traynor delivers insolvencies warning

“The FTSE 100 ticked higher on Monday, helped by a decent showing for resources and financial stocks,” says AJ Bell Investment Director Russ Mould.

“Business...

Mon, 18/11/2024 - 10:21

FTSE 100 lower, pharma stocks hit by Trump’s RFK pick and Land Securities upgrades guidance as office and retail assets shine

“Pharmaceutical stocks left the FTSE 100 looking sickly on Friday morning as AstraZeneca and GSK shares came under pressure,” says AJ Bell Investment Director Russ...

Fri, 15/11/2024 - 10:21

FTSE 100 ticks higher, Siemens impresses, Burberry unveils makeover, Aviva upbeat, WH Smith full-year results disappoint and B&M continues ambitious store roll-out

“The FTSE 100 ticked higher in early trading on Thursday despite weakness in the US and Asia overnight as American inflation edged higher,” says AJ...

Thu, 14/11/2024 - 09:59

US inflation data strengthens argument for more Fed rate cuts, Bitcoin smashes through $90,000 and car finance providers shudder on FCA update

“US inflation is proving to be stickier than a toffee apple,” says Dan Coatsworth, Investment Analyst at AJ Bell.

“Inflation rose to 2.6% in...

Wed, 13/11/2024 - 17:49

Second day for large FTSE stock movements, Elon Musk’s status elevated, Just Eat Takeaway offloads Grubhub, Smiths Group lifts guidance, Rivian shares soar and bidding war for 7-Eleven

“There have been some unusually large movements in FTSE 100 stocks for the second day in a row,” says Russ Mould, Investment Director at AJ...

Wed, 13/11/2024 - 10:30

FTSE retreats, AstraZeneca upgrades guidance, Shell wins climate appeal, Vodafone weighed down by Germany, BAE sticks with guidance, DCC break-up and Bitcoin nears $90,000

“The FTSE 100 had a weak start as most sectors were in the red apart from energy and healthcare,” says Russ Mould, Investment Director at...

Tue, 12/11/2024 - 10:39

FTSE 100 breaks losing streak, Bitcoin hits new record high, Croda top FTSE riser, Aquis takeover, government sells more NatWest shares and Direct Line still in the repair shop

“Bitcoin always seemed a likely beneficiary of a Trump victory and so it is proving as the cryptocurrency hits a new record high,” says AJ...

Mon, 11/11/2024 - 09:58

FTSE 100 down with China stimulus in view, Vistry warns on profit as further cost issues revealed, International Consolidated Airlines flies high and Rightmove soldiers on following bid drama

“The FTSE 100 was dragged lower by resources stocks on Friday morning,” says AJ Bell Investment Director Russ Mould.

“After a hectic week investors...

Fri, 08/11/2024 - 10:23

Interest rates back in the spotlight, Kellogg’s strikes balance for shoppers, Warner Bros. Discovery misses estimates and Under Armour impresses

“After the huge events of the past week it felt almost pedestrian to get back to the cut and thrust of rate cut expectations,” says...

Thu, 07/11/2024 - 17:29

Investors stay positive despite whirlwind fortnight for major events, ITV knocked for six, Sainsbury’s still searching for perfect recipe, BT struggles and Rolls-Royce faces supply chain issues

“Investors have endured a whirlwind couple of weeks and there is still much to digest before portfolios can be reconfigured with confidence,” says Russ Mould,...

Thu, 07/11/2024 - 10:52

Pages