On the CAC 40 in Paris, luxury-goods retailer and Gucci-owner Kering added 1.9% and Schneider Electric gained 1.1%. Media company Vivendi added 1.1%. The pan-European STOXX 600 index rose 0.60% and the DAX rose 0.31%. The FTSE 100 was up 1.04% and the …
“The FTSE 100 has rallied strongly today moving above its previous record peak set back in June to post a new all-time high,” said David Cheetham, chief market analyst at XTB Limited. Cheetham suggested “favourable seasonality effects” likely played an important role in lifting the stock index.
On Thursday, the Treasury Department announced the details of next week’s auctions of two-year, five-year, and seven-year notes.
The Treasury said it plans to sell $26 billion worth of two-year notes next Tuesday, $34 billion worth of five-year notes…
The FTSE 100 leapt to a record all-time high on Thursday as investors finally got in the festive mood aided by the slipping pound. A little late to the party, this year’s “Santa rally” – the phenomenon whereby cheery investors boost stocks the week before Christmas – pushed the UK’s blue-chip index over …
The FTSE 100 finished up 78.76 points at 7,603.98, marking the biggest one-day gain in December and a new record high. The last time that the FTSE 100 hit a record high was in early November when it hit 7,562.28 points. The Senate passed the $1.5trilli…
“The U.K.’s FTSE 100 outperforms … as the index’s plethora of foreign-earning stocks reap the perceived benefits of U.S. President Trump’s first legislative victory,” in the tax-overhaul bill passed Wednesday by congressional Republicans, said Henry Croft, research analyst at Accendo Markets, in a note.
The firms are working together on new music products and have signed a licensing agreement.
Euro is testing monthly-open resistance with a break of the December highs needed to fuel the next leg. Here are the updated targets & invalidation levels that matter.
Ryanair pilots in Germany say the strike follows “unsatisfactory negotiations” over union recognition.
An entrepreneur funded her business by speculating on the crypto-currency, but is it too late for others?
The median shareholding requirements for CEOs in FTSE 100 companies have increased to 250% of salary, up from 238% last year. However, the requirement remained at 200% for FTSE 250 CEOs. Almost a fifth of FTSE 100 and nearly three quarters of FTSE 250 …
Centrica is wrapping up an annus hornbills at the bottom of the FTSE 100 leaderboard, its shares having fallen by just over 40 per cent since the beginning of the year. That’s quite a kicking and it will be fascinating to see how the company’s remuneration committee responds when it comes to calculating …
The last time that the FTSE 100 hit a record high was in early November when it hit 7,562.28 points. The jump has been credited to a market phenomenon called the Santa rally, referring to a surge in stock prices during the final weeks of December that …
LONDON (Alliance News) – Losses on Wednesday appeared to be little more than a blip for the FTSE 100’s pre-Christmas rally, as the large-caps index … “The FTSE 100’s relatively high proportion of commodity stocks is also giving it a boost as BP, Royal Dutch Shell, BHP Billiton and Rio Tinto are all …
Shell has broken into the UK household energy market by snapping up First Utility (more below). In the US stocks got more of shove higher – the Dow was ahead +0.40% at 3.30pm – thanks to the lingering after-glow of Donald Trump’s tax reform bill. There was a bit of cheer also from the latest US GDP …
Hopes that sweeping tax cuts in the United States could boost a collection of London-listed heavyweights lifted the FTSE 100 to a record high this evening. London’s blue-chip index rallied 75.58 points, or about 1 per cent, to 7,601.83, as a “Santa rally” took hold on the penultimate day of trading before …
The FTSE 100 pushed to a record high on Thursday in a move that traders have chalked up to the so-called year-end “Santa rally”. London’s blue chip index ended the day up 1.05% or 78.76p at 7,603.98 having pushed past the 7,600 mark for the first time. The last time that the FTSE 100 hit a record …
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The FTSE 100 Index has rallied to a new record high, topping the 7600 mark for the first time. London’s leading share index climbed by nearly 80 points in its last full trading session before Christmas, adding about £20bn to the combined value of its constituent companies. The top-flight rose to just under …
StockMarketWire.com – The FTSE 100 hit a new record, closing 1% higher above the 7,600 mark on the penultimate trading day before the Christmas holidays. Oil colossus Royal Dutch Shell (RDSB) agreed to buy energy supplier First Utility according to med…
Today, oil prices do not show much volatility despite reports released by the US Department of Energy that indicate a possible increase in oil production. According to official data, the US oil inventories contracted by 6 million 495 thousand barrels. However, investors pay more attention to the fact that the production of WTI continues to grow, reaching 9 million 790 thousand barrels a day. This data prevented growth of oil […]
The FTSE 100 is the standout performer in Europe as it reached a fresh all-time high. The market has cleared the 7600 mark, for the first time ever. Since consumer goods like Reckitt Benckiser (LON:RB), Diageo (LON:DGE) and Tesco (LON:TSCO) are some of…
USD/CAD faces a greater risk of giving back the advance from the December-low (1.2624) as it carves a fresh series of lower highs & lows.
Suggesting solid economic growth will continue into the first half of 2018, the Conference Board released a report on Thursday showing a slightly bigger than increase by its index of leading U.S. economic indicators in the month of November.
The Conf…
The FTSE 100 has hit an all-time high in what traders are calling a traditional pre-Christmas “Santa Rally”. The index of bluechip shares traded on the London market hit 7609.31 in Thursday afternoon trade, up 1.1 per cent on the day and passing the previous intra-day record of 7,598.99 set in June.
In the world of stocks, it’s not infrequent for some of one year’s biggest fallers to be among the next year’s biggest winners (and vice versa). With this in mind, I’m looking at the top FTSE 100 flops of 2017 — shares that could make stunning recoveries in 2018.
The FTSE 100 has hit an all-time high in what traders are calling a traditional pre-Christmas “Santa Rally”. The index of bluechip shares traded on the London market hit 7609.31 in Thursday afternoon trade, up 1.1 per cent on the day, passing the previous record set in June. “Favourable seasonality …
Unions call off a planned strike for Friday and action on a number of days in January.
Nike stock is not cheap, given its P/E ratio of 25.59 and puny dividend yield of just 1.10%.
London’s FTSE 100 was up 1% to 7,599.18 in afternoon trade on Thursday, taking a leg higher in the second half of the session after breaching the 7,600 mark and posting a new all-time high amid low volumes. InterContinental Hotels Group was on the front foot after the Holiday Inn owner commented …
