United Kingdom

Indranil Sarkar

UK bluechips give up gains as sterling strengthens

09 Sep 2019

London's FTSE 100 fell on Monday as the pound ploughed ahead after unexpectedly robust economic data and as no-deal Brexit worries tempered, leaving internationally-focussed stocks in the dumps.

Strong sterling knocks FTSE 100 despite trade lull

05 Sep 2019

London's FTSE 100 slipped on Thursday as a surge in sterling pushed exporter stocks lower, missing out on a global rally led by growing hopes of a resolution to the U.S.-China trade dispute.

Gains in miners, trade optimism boost FTSE 100

30 Aug 2019

Gains in mining companies after nickel prices hit an all-time high and signs of a resumption of U.S.-China trade talks lifted London's FTSE 100 on Friday, as the index snapped a four-week losing streak.

FTSE 100 lifted by encouraging China trade comments and falling pound

29 Aug 2019

London's main index jumped on Thursday as China's fresh comments on possibly resolving the long-drawn trade spat with the United States lifted investor spirits, while exporter stocks gained as sterling fell after the suspension of parliament raised concerns of a no-deal Brexit.

Trump tweet topples FTSE 100

23 Aug 2019

London's main share index handed back its early gains to end lower on Friday after U.S. President Donald Trump's tweeted "order" that U.S. companies shut operations in China, which dragged internationally exposed miners and banks into the red.

FTSE 100 falls after Fed minutes, pound rally

22 Aug 2019

London's FTSE 100 fell on Thursday as the latest signals from the U.S. Federal Reserve dampened hopes of hefty interest rate cuts, while exporter stocks slipped as the pound rose after German Chancellor Angela Merkel's comments on the Brexit deal.

Oil majors, exporters boost FTSE 100; Fed minutes eyed

21 Aug 2019

London's FTSE 100 rose on Wednesday as oil majors tracked gains in crude prices and exporters benefited from a weaker pound, while markets waited for minutes of the U.S. Federal Reserve's July meeting for signs of further policy easing.

Worries over global trade, Italy lead FTSE 100 lower

20 Aug 2019

London's main index ended firmly in the red on Tuesday after new U.S.-China trade jitters and political instability in Italy took down heavyweight firms across sectors, while exporter stocks dipped as the pound gained after German Chancellor Angela Merkel's comments on the Brexit process.

Oil majors, banks lead FTSE 100; Greene King soars on M&A

19 Aug 2019

London's FTSE 100 bagged gains on Monday led by oil majors and Asia-exposed banks that rose on moves by China to keep business interest rates low, while pub operator Greene King helped midcaps outshine after agreeing to be bought out.

Hong Kong tensions knock FTSE 100's Asia-exposed stocks

12 Aug 2019

London's FTSE 100 surrendered early gains on Monday, with Asia-focused shares particularly badly hit by worries over protests in Hong Kong, while tour company Thomas Cook plunged after updating on its recapitalisation plans.

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