The ‘83.3% chance’ that a Santa Rally exists for the FTSE 100

The FTSE 100 has been more likely to rise in December than any other month, according to analysis of 30 years of data. And it has not just been about the frequency of rises in December, but also the size of the gains. The FTSE 100 has risen by an avera…

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AstraZeneca share price: Pharmco warns of $35m hit from higher duty

AstraZeneca’s share price has advanced in London this morning, having added 0.73 percent to 4,802.00p as of 10:30 GMT. The advance is largely in line with gains in the broader UK market, with the benchmark FTSE 100 index currently standing 0.81 percent higher at 7,359.45 points.

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KPMG overtakes PwC in FTSE 250 audit market

KPMG also made further progress in the FTSE 100 rankings, increasing its lead on Deloitte in Q3, according to the latest Auditor Rankings from Adviser Rankings. However, Deloitte remains at the top of the FTSE 250 list with 70 clients after a gain of t…

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European Stocks Higher as German Wholesale Turnover Rises

In equities, cruise vacation company Carnival and Ashtead Group, an equipment rental company, were leading the gainers on London’s FTSE 100 Index, up by 3.2%, followed by Barclays and RSA Insurance Group, 2.7% and 2.5% higher, respectively. On Frankfurt’s DAX, Fresenius Medical Care, …

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FTSE rallies on Trump’s tax plan victory

The FTSE 100 has rallied after the US Senate passed president Donald Trump’s tax plan, with investors buoyed by the prospect of big cuts for corporations by the end of the year. The narrow victory in the early hours of Saturday morning sparked a bullish open for global markets. The FTSE 100 was up …

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Europe bolstered by Trump tax triumph

FTSE 100 Index called to open +65pts at 7365, after futures opened sharply higher overnight having found support at 7280, recovering from Friday’s lows. Bulls will want to see the rally continue to take the index back above 7400, while Bears seek a return to retest Friday’s lows just below 7300. Bullish …

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FTSE 100 in consolidation mode

UK stocks moved into consolidation mode after a strong start, triggered by the US Senate passing a bill that will overhaul the tax code. The FTSE 100 was up 54 at 7,355, with US-focused operators such as tool-hire firm Ashtead Group PLC (LON:AHT) and c…

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FTSE rebounds from two-month low as banks rally

On Monday, the pound was subdued ahead of the Brexit summit, which in turn supported the FTSE 100. Shares in heavyweight overseas earners British American Tobacco (BATS.L) and Diageo (DGE.L) advanced 0.4 percent and 0.7 percent respectively. “We’ve already kicked off the day with a weak …

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Levels to watch: FTSE 100, DAX and S&P 500

The FTSE 100 has gapped higher this morning, but is finding it hard, for the time being, to muster further momentum to move on beyond 7370. If it is able to cross this zone, then the 7409, 7427, and 7448 areas come into play. Last Friday saw a major te…

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Britain’s FTSE rebounds from 2-month low as banks rally

LONDON, Dec 4 (Reuters) – The UK’s top share index rose from a two-month low on Monday, joining in a broader rally among risk assets sparked by progress in U.S. tax reforms, which lifted shares in British banking stocks. The blue chip FTSE 100 index was up 0.8 percent at 7,358.81 points by 0935 …

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FTSE 100: Bulls take charge this week

We tend to take absurd efforts in measuring index movement as part of our ongoing attempts to identify pressures which will effect the FTSE (UKX). Sometimes these efforts can be wasted, sometimes they bare extraordinary fruit. We mentioned the other da…

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European Shares Rally After US Senate Passes Tax Bill

The German DAX was rallying 1.2 percent, France’s CAC 40 index was rising 0.9 percent and the U.K.’s FTSE 100 was moving up 0.8 percent. Automakers Volkswagen, BMW, Daimler, Peugeot and Renault climbed between 1 percent and 1.5 percent on hopes that large Republican-backed tax cuts will …

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LONDON MARKETS: FTSE 100 Leaps, Propelled By Progress On US Tax Cuts

What markets are doing: The FTSE 100 index jumped 0.8% to 7,360.84, with industrial and financial shares leading all sectors higher. The index on Friday fell 0.4% (http://www.marketwatch.com/story/ftse-100-lower-as-bank-stocks-come-under-pressure-2017-12-01), taking last week’s loss to 1.5%.

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Rio Tinto appoints new chairman

Good morning: The FTSE 100 mining group Rio Tinto has confirmed the appointment of Simon Thompson, a former Anglo American executive and one of its non-executive directors, as its new chairman, ending months of speculation and avoiding a potential row …

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London open: Stocks rally as investors cheer passing of US tax reform bill

At 0840 GMT, the FTSE 100 was up 0.8% to 7,359.48, while the pound was down 0.2% against the dollar at 1.3450 and flat versus the euro at 1.1331. … bill has seen the US dollar rally against both pound sterling and the euro, a trend that will aid the plethora of foreign earning stocks on the FTSE 100.”

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Markets rally after Trump’s tax victory – business live

But the financial world is welcoming the Senate vote, despite the pressure building on the White House over links with Russia. Today, Wall Street is tipped to open strongly, possibly driving the Dow Jones to a new all-time high. The FTSE 100 has alread…

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Morrisons share price: Grocer liable for staff details leak

Morrisons’ share price closed lower on Friday, shedding 0.83 percent to 214.50p. The stock underperformed the broader UK market, with the benchmark FTSE 100 index losing 26.18 points to end the previous session 0.36 percent in the red at 7,300.49.

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UPDATE 1-UK Stocks-Factors to watch on Dec 4

Dec 4 (Reuters) – Britain’s FTSE 100 index is seen opening 62 points higher at 7,362.8 on Monday, according to financial bookmakers, with futures up 0.81 percent ahead of the cash market open. * MCCOLL’S: McColl’s Retail Group is in talks with its suppliers and manufacturers and has plans in place …

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London pre-open: Stocks seen up as May heads to Brussels for more Brexit talks

The FTSE 100 was expected to open 56 points higher at 7,356. CMC Markets analyst Michael Hewson said: “Having come under fire from some quarters for agreeing a figure of up to €50bn to settle UK obligations with respect to a so called divorce bill, the UK government have been given a deadline of …

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Europe up, Asian shares mixed with US politics in focus

KEEPING SCORE: Britain’s FTSE 100 advanced 0.8 percent to 7,359.22 while France’s CAC 40 gained 0.9 percent to 5,362.73. Germany’s DAX jumped 1.2 percent to 13,018.06. Futures augured gains on Wall Street. Dow futures rose 0.8 percent while S&P futures advanced 0.5 percent. ASIA’S DAY: …

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FTSE 100 set to get off to a strong start

The FTSE 100 looks set to claw back some of last week’s losses as Prime Minister Theresa May heads to Brussels with a Brexit deal she hopes will lead to trade talks. But a poll over the weekend suggested the public was baulking at the €50bn divorce settlement and now wants a second referendum to …

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