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United Kingdom

Muvija M

Global trade worries weigh down FTSE 100; pub chain Ei surges on deal

18 Jul 2019

Britain's FTSE 100 followed other major stock markets lower on Thursday as initial batches of corporate earnings jangled nerves over global growth, while losses for London's mid-cap index were capped by a buyout of pub operator Ei Group.

Oil majors, poor earnings hammer FTSE 100

17 Jul 2019

The FTSE 100 index tumbled on Wednesday amid sharp falls in oil majors as investors priced in an overnight slide in crude to one-week lows, while downbeat trading updates knocked chemicals group Johnson Matthey and miner Fresnillo.

Chinese data, Antofagasta help FTSE 100 end longest losing streak in years

15 Jul 2019

London's FTSE 100 clawed back some ground on Monday, ending its longest losing streak in three-and-a-half years as Chinese data eased investor concerns over a global growth slowdown.

UK's main index sees seventh straight day of losses, BoE comments lift midcaps

12 Jul 2019

London's FTSE 100 saw its seventh day in the red on Friday, its longest losing streak since 2015, led lower by losses in pharmaceuticals after the U.S. White House scrapped a rebate rule, while the midcap bourse jumped on prospects of lower interest rates.

Insurer Hiscox sees rising claims from storms, shares drop

12 Jul 2019

Insurer Hiscox on Friday warned that rising potential claims from last year's typhoon Jebi in Japan and hurricane Michael in Florida would hurt first-half underwriting profit, sending its shares almost 6% down.

FTSE 100 drops as healthcare giants overshadow Fed-driven rally

11 Jul 2019

London's main index skidded for the sixth straight session on Thursday as investors sold off healthcare stocks after Washington withdrew a rebate rule aimed at lowering drug prices, and a Fed-fuelled rally fizzled out.

Exporters lead FTSE 100 lower as Fed Chair's comments knock dollar

10 Jul 2019

London's FTSE 100 suffered a fourth day in the red, its longest losing streak since January, with exporter stocks taking a hit from a weaker dollar as U.S. Fed Chairman Jerome Powell's comments boosted hopes for an interest rate cut.

FTSE 250 stumbles as Brexit worries bite; Ocado shines

09 Jul 2019

Britain's mid-cap index fell for the third straight session on Tuesday amid a deteriorating economic outlook and Brexit tensions, while online grocer Ocado jumped on the FTSE 100 after confirmed its annual forecast.

UK stocks weaken as Fed rate cut hopes fade; tobacco stocks rise

08 Jul 2019

London's FTSE 100 ended in the red on Monday as markets remained subdued on dampened hopes of a hefty rate cut by the U.S. central bank, while tobacco stocks jumped on Imperial Brands' buyback and dividend revision plans.

Illiquid assets held by Woodford's UK fund pose hurdle to reopening

24 Jun 2019

LONDON Trading in Neil Woodford's 3.7 billion pound Equity Income Fund may not be reopened swiftly after it was suspended on June 3 because of the illiquid assets it holds.

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