Daily market update

European markets flat as US jobs data joy fades away, UK property market springs back into life, BP reported to be rowing back on oil and gas cuts, Rio Tinto moves on lithium miner

“The party on the markets triggered by last Friday’s stronger than expected US jobs data seems to have fizzled out,” says Russ Mould, Investment Director...

Mon, 07/10/2024 - 09:51

Wetherspoons bring back dividends, Watches of Switzerland goes shopping and Spirit Airlines’ shares dive

“All eyes are on US jobs numbers later today as the data could provide an important clue as to the Federal Reserve’s next steps with...

Fri, 04/10/2024 - 09:43

FTSE 100 dips, sterling slips as Andrew Bailey signals Bank may become ‘more aggressive’ with interest rate cuts, yen eases as new PM dampens rate hike speculation and Tesco unveils bumper dividend increase as it gains share

“The FTSE 100 dipped on Thursday morning having held up better than many of its counterparts thanks to its strong energy weighting so far this...

Thu, 03/10/2024 - 10:12

Middle East tensions put oil and defence stocks in focus, AO to buy musicMagpie in bid to strengthen electronics recycling position

“The FTSE 100’s large exposure to the oil and defence sectors meant the index moved higher in response to increased tensions in the Middle East,”...

Wed, 02/10/2024 - 10:58

Oil price jumps, Greggs shares fall, value of UK IPO deals up on previous year and Nike set for first update since announcing new boss

“No one will overlook the human cost that will be the result of rising tensions and increased violence in the Middle East but there will...

Tue, 01/10/2024 - 17:42

FTSE 100 higher, WPP rises on Unilever relief, Greggs’ growth slows, Mulberry rejects Frasers’ takeover bid, eBay in radical UK move and US dockworker strike could feed into higher inflation

“The FTSE 100 ticked higher on Tuesday morning with oil prices remaining steady despite Israel launching a ground offensive against Hezbollah in Lebanon,” says AJ...

Tue, 01/10/2024 - 09:51

Rightmove rejects fourth bid, Stellantis and Aston Martin warn and JPMorgan Global Growth & Income outperforms

“The weighting of Asia-focused financial stocks and resources companies in the FTSE 100 mean its fortunes have strong ties to the Chinese economy,” says AJ Bell...

Mon, 30/09/2024 - 10:47

Blockbuster week for Asian markets, BP and Shell bounce back from oil price-driven sell-off and meat eaters out in force for Cranswick

“Having been one of the most unloved parts of the investment market for several years, investors have raced to buy Chinese shares in a blockbuster...

Fri, 27/09/2024 - 09:40

China rally goes into overdrive, oil prices retreat on fears of extra supply from Libya, Diageo jumps as things are bad but not getting any worse and Mitchells & Butlers faces sales slowdown

“It’s a good day to be invested in the markets as major equity indices pushed ahead across Europe and Asia,” says Russ Mould, investment director...

Thu, 26/09/2024 - 10:07

Markets pause for breath, Rightmove rejects third bid, activist grabs seat on Rentokil board, DFS still struggling, OECD offers glimmer of hope on UK economy

“Banks, utilities and tobacco stocks were at the top of investors’ lists for trimming positions, causing the FTSE 100 to lose momentum. The index was...

Wed, 25/09/2024 - 10:19

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