London close: Homebuilders jump ahead of Budget

IG’s Mahony added: “The FTSE 100 is being boosted by the house builders, with Wednesday’s budget expected to be dominated by the government’s attempts to fix a housing market that has too few new houses being built. “With Labour holding the vote for younger parts of the country, Wednesday’s …

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London close: Homebuilders jump ahead of Budget

IG’s Mahony added: “The FTSE 100 is being boosted by the house builders, with Wednesday’s budget expected to be dominated by the government’s attempts to fix a housing market that has too few new houses being built. “With Labour holding the vote for younger parts of the country, Wednesday’s …

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European Markets Recover From Early Weakness

BRUSSELS/FRANKFURT/PARIS (Alliance News) – The European markets got off to a weak start Monday, but managed to climb back into positive territory before midday. Early weakness was due to political uncertainty in Germany, where talks to form a coalition…

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LONDON MARKET CLOSE: Stocks End Higher, FTSE 100 Reverses Early Losses

LONDON (Alliance News) – London stocks ended Monday largely in the green, with the FTSE 100 index reversing a two-month low reached earlier in the session to end slightly higher, while the Pound remained firm on hopes Brexit talks will see progress before the year-end. “The FTSE 100 has …

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UPDATE 1-Britain’s FTSE recoups early losses as cyclicals recover

LONDON, Nov 20 (Reuters) – Britain’s top share index recovered from earlier losses to inch higher at the start of the week as cyclical sectors made a comeback, though the UK market lagged European benchmarks and Shire was a loser among health stocks. The blue chip FTSE 100 index ended 0.1 …

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Markets dispel Monday blues

The FTSE 100 has shrugged off its pre-open weakness, moving higher along with markets in Europe and the US, as the usually-positive pre-Thanksgiving period gets underway. Michel Barnier’s warnings about the UK losing passporting rights have not had much impact on bank shares, with the market …

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Markets dispel Monday blues

The FTSE 100 has shrugged off its pre-open weakness, moving higher along with markets in Europe and the US, as the usually-positive pre-Thanksgiving period gets underway. Michel Barnier’s warnings about the UK losing passporting rights have not had much impact on bank shares, with the market …

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Stocks Showing Modest Move To The Upside – US Commentary

While the UK’s FTSE 100 Index has edged up by 0.2%, the French CAC 40 Index is up by 0.4% and the German DAX Index is up by 0.5%. In the bond market, treasuries have pulled back near the unchanged line after seeing initial strength. As a result, the yield on the benchmark ten-year note, which …

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FTSE 100 movers: Barclays boosted by Merrill upgrade; Shire hit by Roche news

London’s FTSE 100 was up 0.2% to 7,394.52 in afternoon trade on Monday as investors digested political events in Germany and looked ahead to this week’s Budget. Barclays was lifted by a double upgrade to ‘buy’ at Bank of America Merrill Lynch, which bumped up its target price to 220p from 180p.

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Euro rebounds as markets brush off German political turmoil

The Euro rebounded this morning after falling against the dollar following the collapse of coalition talks in Germany. The pro-business Free Democratics (FDP) walked away from discussions with Chancellor Angela Merkel’s Christian Democrats and the Greens on Sunday night, raising the prospect of …

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FTSE 100 watch: Footsie little changed amid German worries

The UK benchmark index has climbed marginally higher in early afternoon trade, after posting a downbeat start to the week, pressured by worries over the political situation in Germany. Mediclinic (LON:MDC) meanwhile has tumbled to the bottom of the FTS…

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Merkel’s weakness unsettles markets

At the other end of the FTSE 100, Mediclinic International weighed. The private healthcare chain slipped by 17½p to 538p after confirming that talks with Spire, its mid-cap peer, had ended without an agreement. “Accordingly, Mediclinic does not intend to make an offer for Spire,” it told investors.

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