United Kingdom

Shashwat Awasthi

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.

Bovis targets Galliford's housing arm with improved bid

10 Sep 2019

Britain's Galliford Try has restarted talks to sell its residential housing businesses to Bovis Homes after Bovis nudged up its proposed offer to 1.08 billion pounds ($1.34 billion) and included a cash component.

Intu shares surge on speculation of private equity bid

10 Sep 2019

Shares in Britain's Intu Properties surged as much as 22% on Monday on speculation a private equity group could buy out the shopping centre operator, which has been hit by high-profile retail failures and a hefty debt burden.

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.

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.

FTSE 100 soars as election talk knocks sterling

02 Sep 2019

London's FTSE 100 surged 1% on Monday, shrugging off news of the latest U.S.-China trade tariffs, as exporter stocks firmed following a slide in sterling on the prospect of an election against the backdrop of Brexit.

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.

UPDATE 1-FTSE rebounds ahead of Powell speech; Entertainment One soars

23 Aug 2019

* London markets will be shut on Aug. 26 (Adds news items, analyst comments, updates share prices)

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