Daily market update

Producer prices rattle Wall Street, Irn-Bru maker AG Barr announces job cuts and housebuilders lifted by upbeat Vistry report

“With less than a week to go until the next meeting of US central bankers, markets are having to face up to the prospect that...

Thu, 14/03/2024 - 17:10

FTSE 100 flat after spike in oil, OSB slumps despite buyback, Deliveroo targets positive cash flow in 2024 and Trainline on growth track in UK and Europe

“The FTSE 100 was broadly flat early on as a tick higher in oil prices lifted index heavyweights BP and Shell,” says AJ Bell Investment...

Thu, 14/03/2024 - 10:20

UK stocks up on positive GDP news, US sees another tech rally, Balfour Beatty shares soar on results and chatter about tie-up between Liontrust and Artemis

“A pick-up in the UK economy and a rally in US tech shares on Wall Street last night helped to sustain the positive momentum on...

Wed, 13/03/2024 - 10:17

UK markets rally, vet industry probe hurts CVS and Pets at Home shares, Domino’s sales growth slows and Persimmon maintains dividend as profit halves

“European markets opened with a spring in their step, with the FTSE 100 up 0.9% and the DAX rising 0.3%,” says Russ Mould, Investment Director...

Tue, 12/03/2024 - 12:18

FTSE 100 firm despite weakness in Asia, Elliott pulls out of takeover battle for Currys, Bidstack appoints administrators and LoopUp to delist

“The FTSE 100 overcame a modest drop at the open to trade broadly flat after weakness in the US last Friday and subsequent falls in...

Mon, 11/03/2024 - 11:24

FTSE 100 lower despite gains in US and Asia, non-farm payrolls in focus, Informa nearly doubles dividend, Costco hit by revenue miss and Frasers burned by Matches setback

“The FTSE 100 dipped despite a strong showing in Asia and the US last night, dragged lower by some heavyweights like Rio Tinto and AstraZeneca...

Fri, 08/03/2024 - 10:26

FTSE 100 lower, Virgin Money in takeover talks, Marks & Spencer co-CEO leaving, big ad decline at ITV, Aviva results please investors, Darktrace impresses and Entain hit by regulation

“The FTSE 100 dipped at the open to continue its rather lackadaisical progress over the last month, with investors awaiting a catalyst which might push...

Thu, 07/03/2024 - 12:00

UK markets move higher amid chatter about ‘British ISA’ and contrasting fortunes for construction sector ahead of Budget

“Has the prospect of a British ISA fired up the UK stock market? Speculation is rife that Chancellor Jeremy Hunt will unveil plans at the...

Wed, 06/03/2024 - 10:49

Ashtead hit by third quarter slowdown, Greggs declared king of breakfast and Travis Perkins slashes dividend

“Equities retreated for a second day in a row as investors shrugged off new stimulus measures from China and waited nervously for new economic data...

Tue, 05/03/2024 - 15:51

FTSE 100 lower after Nikkei breaks through 40,000, Bitcoin close to record level and Hipgnosis Songs Fund hit by valuation and dividend shock

“After starting on the front foot, the FTSE 100 dipped in a seesaw start to the session. The index was dragged lower by financials ahead...

Mon, 04/03/2024 - 09:59

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