Moreover, it would have been a lot worse had it not been for Friday’s fightback which saw the FTSE 100 rallyjust shy of 50 points. … Firstly, as we all know, trends rarely move in a straight line and with the FTSE 100 holding above previous resistance at 7,600 ,the integrity of the uptrend remains in-tact.
Diageo meanwhile has been one of today’s most notable FTSE 100 fallers, after RBC Capital Markets trimmed its rating on the Johnny Walker and Smirnoff owner from ‘outperform’ to ‘sector perform’ and lowered its price target on the shares from 2,600p to 2,400p in the wake of the group’s recent results.
Customers are told their sat-navs, including some bought in recent months, will no longer get updates.
McCall is one of just six female CEOs among Britain’s biggest 100 companies. A report last year by the High Pay Centre and the Chartered Institute of Personnel and Development (CIPD) found that male CEOs in the FTSE 100 earned on average 2.1 million pounds more than women in 2016, and were …
FTSE 100 engineer GKN hit back at hostile bidder Melrose on Monday, warning that the debt plan put forward by the turnaround specialist would put pressure on its pension scheme. Melrose is said to have stated that it will raise GKN’s leverage to 2.5 times its core earnings, materially higher than the 0.6 …
The company gave up 38½p to £25.20½ as the FTSE 100 inched higher. Despite progress, cash conversion “looks set to remain in the bottom half of a peer group of consumer staples businesses”, the broker said. “We’re not doing this lightly,” it added, lowering its rating to “sector perform”. Shortly before …
The FTSE 100 was up 0.2% to 7,683.42, while the pound was 0.6% weaker against the dollar at 1.4075 as the greenback gained back some of the ground lost last week and amid worries about the Brexit transition following reports over the weekend that Brita…
After struggling last week thanks to the rallying pound, the FTSE 100 has kicked off this week on a much better footing, although it was sterling once again dictating the market’s moves. The currency has been on a good run over the past few weeks thanks to the dollar’s weakness and progress seemingly …
Sometimes, best efforts are not quite good enough – and that applies in spades in to field of technical analysis of price charts. At every second of the day, we are using the evidence presented to us in real time, and attempting to come up with a best …
“European markets are starting off the week in an upbeat fashion, with the FTSE 100 gaining ground thanks to a weaker pound and a strengthening price of copper. Rising copper prices have helped boost the commodity-heavy FTSE 100, with Anglo American, Glencore, Rio Tinto, and Antofagasta …
A weaker pound tends to boost the FTSE 100, whose companies rely on overseas markets for around three-quarters of their revenues. On the FTSE 250, shares in Provident Financial (PFG) suffered another fall, dropping 2.8% to 682.3p after The Times report…
Johan Lundgren says the airline is committed to giving equal pay to men and women.
Reversing direction, the pound dropped against its major counterparts in the European session on Monday.
The pound hit a weekly low of 0.8815 versus the euro and a 5-day low of 1.4064 against the dollar, down from its early highs of 0.8771 and 1.4158…
Ireland’s retail sales decreased marginally in December after rising in the previous month, preliminary figures from the Central Statistics Office showed Monday.
The volume of retail sales edged down 0.1 percent percent month-over-month in December, …
The FTSE 100 (INDEXFTSE:UKX) made slight gains this morning with a boost from the mining and energy stocks. The blue chip share index rose 0.14%, up 10 points at 7,676.29 by 11.09 GMT. With zinc at a ten-year high and other metals still strengthening t…
The FTSE 100 is trading little changed on the day following a strong move higher on Friday which wasn’t enough to prevent a second weekly decline. The Pound ended last week at its highest level since since the EU referendum against the US dollar, but some soft trade heading into the weekend could …
Pound Falls To Near 4-week Low Of 1.3171 Against Franc
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Pound Weakens To Near 2-week Low Of 152.99 Against Yen
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Pound Drops To Weekly Low Of 0.8813 Versus Euro
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Pound Hits 5-day Low Of 1.4064 Against Dollar
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The government denounces “abominable” tests of diesel fumes on humans and monkeys.
L), a paper-based packaging company, was leading the gainers on London’s FTSE 100 Index, 2.1% higher, followed by engineering company Rolls Royce (RR.L), up by 2.1% and mining major Glencore (GLEN.L), up by 1.8%. Croda International (CRDA.L), a specialty chemicals company, was up by …
Ireland Dec Retail Sales Up 7.2% On Year Vs. 7.4% In November
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Ireland Dec Retail Sales Down 0.1% On Month Vs. +3.2% In November
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AIM), a minnow by comparison to its larger, better-known peers, but one that has delivered much higher returns for its shareholders than the FTSE 100 peers. Yu Group joined the stock market in March 2016 at 185p per share. Its stock now changes hands for £11.15, equal to approximately 500% gain in …
Iceland’s consumer price inflation accelerated in January to the highest level in three-and-a-half years, figures from Statistics Iceland showed Monday.
Consumer prices climbed 2.4 percent year-over-year in January, faster than the 1.9 percent rise i…
Croatia’s industrial production declined for the second straight month in December, preliminary data from the Croatian Bureau of Statistics showed Monday.
Industrial production fell a working-day-adjusted 2.5 percent year-over-year in December, follo…
In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the January 29th session. Bitcoin/USD — We have a pretty quiet and low volume session against the US dollar. We are just above the 10,000 and the 61.8% Fibonacci retracement level. So, there is a lot of support here, but I am a bit cautious at this point as I recognize there is a lot in the way of support, but there is just no volume. […]
The euro firmed against its most major counterparts in early European deals on Monday, with strong corporate earnings, signs of improving economic growth and U.S. President Donald Trump’s apparently more positive tone on international trade underpinni…
After a strong run last week, sterling has pared some of the gains it made against the dollar last week. A short while ago the pound was down 0.3% to US$US$1.410, while it also shed 0.2% versus the euro to €1.137. That is helping to push the FTSE 100 higher, as it makes the blue chips’ overseas …
