Daily market update

FTSE higher after better-than-expected UK retail sales, NatWest beats forecasts and appoints interim CEO Paul Thwaite on permanent basis

“As we head towards the spring, the market seems to be getting more optimistic and, after a tricky few weeks, the FTSE 100 is close...

Fri, 16/02/2024 - 10:08

UK stocks higher on recession-driven rate cut hopes, new twist to motor finance probe, big dividend boost from Centrica, RELX benefits from AI and Jet2 raises guidance

“Confirmation that the UK is in recession has done nothing to knock UK stocks off course. An economy pushing through mud is not new news...

Thu, 15/02/2024 - 11:38

Markets in holding pattern, Conservatives’ relaxed planning permission move fails to lift housebuilders and TUI beats expectations ahead of delisting vote

“Markets remained in a holding pattern, awaiting the next wave of inflation, manufacturing and GDP data to see if it is possible to second guess...

Tue, 13/02/2024 - 09:32

Markets in holding pattern, Conservatives’ relaxed planning permission move fails to lift housebuilders and TUI beats expectations ahead of delisting vote

“Markets remained in a holding pattern, awaiting the next wave of inflation, manufacturing and GDP data to see if it is possible to second guess...

Tue, 13/02/2024 - 09:32

Rate cut comments boost European equities, Tritax Big Box REIT and UK Commercial Property REIT set to merge

“Investors are hanging onto every word uttered by anyone affiliated with the major central banks, looking for signs that interest rate cuts are finally on...

Mon, 12/02/2024 - 10:56

FTSE 100 grounded for second week in a row, Tesco sells banking, Bellway hopes for return to sales growth in 2025 and Ubisoft boosted by Assassin’s Creed Mirage

“After a barrage of company announcements this week, it’s no wonder that markets have paused for breath on Friday. Investors have had so much to...

Fri, 09/02/2024 - 10:42

Markets flat, AstraZeneca misses expectations, Unilever sees return of volume growth, ARM shares soar and British American Tobacco rebounds

“Markets struggled to find direction as investors were busy trying to digest a wave of corporate updates, some good and some bad. The FTSE 100...

Thu, 08/02/2024 - 10:33

FTSE flat, Barratt to buy Redrow, Sainsbury’s outlines new growth plans and PZ Cussons slumps

“The FTSE 100 was flat on a day stuffed with deals and strategic plans,” says Russ Mould, Investment Director at AJ Bell.

“Barratt Developments...

Wed, 07/02/2024 - 10:18

Chinese markets soar as state fund indicates share buying spree, BP beats expectations and Virgin Money delivers positive update

“The big story on the markets was the sharp rally in Chinese stocks after a state-backed initiative to stir up interest in equities,” says Russ...

Tue, 06/02/2024 - 09:50

FTSE 100 higher despite blowout US jobs report, Lloyds hit by Iran reports, Vodafone sees German recovery stall and Revolution Beauty reaches settlement with former CEO

“The markets continue to forge ahead despite a blowout jobs report from the US last Friday which seems to have finally put the nail in...

Mon, 05/02/2024 - 10:28

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