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Muvija M

British blue-chips dented by sterling's brief Brexit uplift

20 Sep 2019

Britain's exporter-heavy blue-chip index lost ground as sterling hit multi-month highs after European Commission President Jean-Claude Juncker said that a Brexit deal is still possible.

Banks propel FTSE higher after flurry of central bank meetings

19 Sep 2019

A rebound in bank stocks after the U.S. Federal Reserve adopted a guarded stance on future interest rate cuts lifted London's blue-chip index on Thursday, while clothing retailer Next wilted after a disappointing start to autumn trading.

FTSE 100 lingers in red as Fed decision looms and Kingfisher wanes

18 Sep 2019

London's main share index weakened on Wednesday, underperforming its European peers ahead of a U.S. Federal Reserve rate decision, with home improvement retailer Kingfisher falling the most on the bourse as it struggled to lift its earnings.

Brexit optimism breathes life into UK-focussed stocks

13 Sep 2019

UK stocks ended Friday on a high note as optimism that a no-deal Brexit could be avoided spurred a rally in stocks with domestic exposure, overpowering losses in blue-chip exporter stocks that were hit by a stronger sterling.

Stimulus, trade hopes lift FTSE 100; LSE at life high on Hong Kong bid

11 Sep 2019

UK stocks advanced on Wednesday on signs of less tension in the U.S.-China trade fight and prospects of more stimulus from central banks, while shares in London Stock Exchange scaled a record high after Hong Kong Exchanges and Clearing's offer.

JD Sports leads FTSE 100 higher, rate cut hopes support

10 Sep 2019

London's FTSE 100 overcame early losses to close higher on Tuesday as hopes of imminent interest rate cuts from major central banks buoyed sentiment, while JD Sports jumped to an all-time high on upbeat results.

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.

China stimulus plan lifts FTSE 100; G4S boosts mid-caps

06 Sep 2019

London's FTSE 100 rose on Friday as a new stimulus plan from China helped support sentiment after U.S. jobs data disappointed and housebuilder Berkeley gained after pointing to robust conditions in key British markets despite Brexit uncertainties.

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.

UK-focussed stocks catch Brexit breather; Hong Kong hopes boost FTSE

04 Sep 2019

Domestically-focussed British stocks advanced on Wednesday after parliament succeeded in taking steps towards averting a no-deal Brexit, while Asia-facing banks gained on hopes that protests in Hong Kong would end, leading the FTSE 100 higher.

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