UK Pension De-Risking Expected to Rise Sharply in 2018

According to the consulting firm, the number of FTSE 100 pension plans estimated to be more than 80% funded relative to the cost of buy-out with an insurer has nearly doubled over the past two years. The report found that 20% of the pension funds among…

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European Markets Are Mixed Early on January 11

After gaining for five consecutive trading weeks, the United Kingdom’s FTSE 100 Index started this week on a weaker note. However, it regained strength as the week progressed. After closing at fresh record high price levels on Wednesday, the FTSE 100 Index opened higher on Thursday and traded at …

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FTSE 100 watch: Footsie steady despite drop in retailers

“The FTSE 100 continues to create record highs, with the price trending consistently higher since the beginning of December,” Joshua Mahoney, market analyst at IG, commented in a note, adding that “for now we are seeing a clear uptrend in place, and thus a bullish view remains unless we see a break …

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FTSE 100 closes at third successive high

The FTSE 100 index closed at a record high for the third consecutive day despite the mixed reception given to the latest trading updates from heavyweight retailers. The broader FTSE 250 edged lower by 23.82 points to 20,736.18. The biggest fallers in t…

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CFO

The FTSE 100 (INDEXFTSE:UKX) has recovered some lost ground from early trading as badly received Christmas updates from retailers Tesco and Marks & Spencer dragged down the index. The blue chip share index rose 0.10%, up 7 points at 7,756.32 by 11….

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Sales flat but prices building at Barratt Developments

David Thomas, chief executive of the FTSE-100 company, based in Coalville, Leicestershire, said: “We have delivered a strong performance in the first half, underpinned by our focus on quality, design and industry-leading customer service. As the UK’s largest housebuilder we remain firmly committed to …

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LONDON MARKET MIDDAY: FTSE 100 Edges Up Despite Losses For Retailers

“On the other side of the high street, it was a similar story for Marks & Spencer, this morning’s worst performing FTSE 100 stock. Reporting a continued deterioration of conditions, the company noted both falling food and clothing sales over the crucial Christmas weeks, extending a trend that has been …

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Marks and Spencer and Tesco drag FTSE from high

Marks and Spencer and Tesco have dragged the FTSE 100 off its all-time high after mixed results for the crucial Christmas trading period. The UK blue-chip index fell eight points to 7,741, down from its record closing high of 7,749 reached yesterday. M…

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Tesco shares flop despite record Christmas

Shares in Tesco fell towards the bottom of the FTSE 100 on Thursday, despite reporting a solid rise in sales over the critical Christmas trading period. The supermarket giant said UK like-for-like sales rose by 1.9% in the six weeks to January 6, drive…

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Market report: Ultra Electronics repays suffering investors as US defence joy looms

The FTSE 100 was off 7.00 points at 7741.50, although there were some bright spots among the red. Just Eat — which only crept into the FTSE 100 at the back end of last year — keeps going from strength to strength in further proof that people are staying at home to scoff takeaways rather than going out.

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Global Market Report – January 11 2018

The FTSE 100 also failed to make strong progress above recent record levels despite an early push higher. After a positive week so far for the shares of the biggest UK retailers, investors reacted strongly against the latest updates from widely held sh…

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FTSE 100 Eyes Record High Despite Supermarket Slump

The FTSE 100 is eyeing a record high as the basic resource stocks are forming the foundation of the rally, and the British equity benchmark is being slightly held back by supermarkets. Marks and Spencer (LON:MKS) shares are in the red today as the UK b…

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Czech Retail Sales Growth At 8-Month High

Czech retail sales growth accelerated in November to the highest level in eight months, figures from the Czech Statistical Office showed Thursday.

Retail sales, excluding automobile trade advanced an unadjusted 7.8 percent year-over-year in November,…

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Just Eat shares rise as retailers disappoint

Just Eat shares were up at over 80p this morning as the company’s stock continues to surge. This is a stock that in late August was trading at around 90p. Since then it has left the FTSE 100 in its dust. This month the company has been drawing criticism for introducing a 50p service charge for processing …

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Eurozone Industrial Output Growth Improves In November

Eurozone industrial production grew the most in three months in November, Eurostat reported Thursday.

Industrial output climbed 1 percent month-on-month, following October’s 0.4 percent increase. This was the fastest growth since August and also exce…

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Italy Retail Sales Rebound More Than Expected

Italy’s retail sales increased at a faster-than-expected pace in November, after falling in the previous month, preliminary data from the statistical office Istat showed Thursday.

Retail sales climbed 1.1 percent month-over-month in November, reversi…

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Euro Little Changed After Eurozone Industrial Output

Following the release of Eurozone industrial output figures for November at 5.00 am ET Thursday, the euro changed little against its major rivals.

The euro was trading at 1.1948 against the greenback, 133.40 against the yen, 1.1701 against the franc …

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Euro Mixed Ahead Of Eurozone Industrial Output

At 5.00 am ET Thursday, Eurozone industrial output figures are due. Production is expected to grow 0.8 percent on month, faster than October’s 0.2 percent increase.

Ahead of the data, the euro showed mixed trading against its major rivals. While the…

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FTSE dragged down by Tesco, M&S results; mining shares offer support

MILAN (Reuters) – Underwhelming Christmas updates at retailers Tesco and Marks and Spencer weighed on FTSE 100 on Thursday, although stronger metal prices supported mining shares. FILE PHOTO – Pedestrians leave and enter the London Stock Exchange in Lo…

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