LONDON, Jan. 12 (Xinhua) — British stocks rose on Friday, with the benchmark FTSE 100 Index up 15.70 points, or 0.20 percent at 7,778.64 points. GKN, an automotive and aerospace components company, soared 26.24 percent, the top gainer of the blue chip…
The wider market shrugged off sterling strength to send the FTSE 100 to another record high, up 15.7 points, or 0.2 per cent, to 7,778.64. Engineer GKN alone contributed 6 points to the FTSE in news that it rejected a bid approach from Melrose in favou…
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The move came as the FTSE 100 Index continued its remarkable run by securing another all-time closing high, rising 15.70 points to 7,778.64. Neil Wilson, ETX Capital senior market analyst, said: “Throughout the day dollar weakness lifted sterling as the cable continued its year-long uptrend. “With 1.36 …
The UK currency was also capitalising on the US dollar’s weakness in response to American consumer inflation slowing to 0.1% in December. Versus the euro, sterling was 0.3% higher at 1.128 euros. The move came as the FTSE 100 Index continued its remarkable run by securing another all-time …
GKN has added by far the most points onto the FTSE 100 today after the company’s’ share price rocketed when it disclosed it rejected a takeover approach from Melrose .GKN felt the Melrose proposal undervalued the company, and this stock reached a record-high today. The political mood is Germany …
U.K. blue-chip stocks edged higher Friday, scoring a fresh record high, as GKN PLC surged after rebuffing a takeover move. Industrial shares climbed, helping the London FTSE 100 log a sixth weekly win in a row. How are markets moving? The FTSE 100 inde…
LONDON (Alliance News) – Stocks in London closed higher on Friday, with the FTSE 100’s record setting run showing no sign of stopping as GKN surged to an all-time high after rebuffing a takeover approach from Melrose Industries. The FTSE 100 index closed up 0.2%, or 15.70 points at 7,778.64, …
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“Even with renewed sterling strength the FTSE 100 has been able to clamber to a new high. Bullishness is rampant among investors, who appear to be tripping over themselves in a race to buy US and UK equities. Europe remains the unloved area, however, as markets begin to fret about a potential …
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The construction firm is to be liquidated after its huge financial troubles finally overwhelmed it.
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Even with renewed sterling strength the FTSE 100 has been able to clamber to a new high. Bullishness is rampant among investors, who appear to be tripping over themselves in a race to buy US and UK equities. Europe remains the unloved area, however, as…
(ShareCast News) – London’s FTSE 100 was up 0.3% to 7,788.20 in afternoon trade on Friday, having hit a record intraday high of 7,790.96 earlier, led higher by engineer GKN. Shares in GKN surged after the company said it has rejected a bid proposal from Melrose and appointed Anne Stevens as …
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