FTSE 100 closes at record high, boosted mainly by oil and earnings
The London Stock Exchange Group, Rentokil and oil stocks helped lift the FTSE 100 index to a new record high. The FTSE 100, a commodity-heavy index, rose up to 0.8% during the session and reached a new record high of 9594.82 before falling back down to 0.7%. Shell and BP…
FTSE 100 reaches record high thanks to oil stocks and positive earnings
The London FTSE 100 reached a record intraday high on Thursday, boosted by oil stocks and positive earnings from blue-chip companies such as LSEG Rentokil. The index, which is heavily influenced by commodities, rose up to 0.7% and reached a new record of 9,579.07 point. By 1200 GMT, it was up 0.6%.
FTSE 100 edge higher with HSBC and Melrose boost; miners hold gains in check
London's FTSE 100 index rose for a 2nd consecutive day Tuesday. Shares of Melrose, HSBC and precious metal miners helped to boost the index, but losses among precious metal miners held gains back. HSBC, a heavyweight in the banking industry, rose by 1.8% following its appointment of David Lindberg as CEO of UK operations.
Segro gains after results; FTSE 100 edged higher due to HSBC's boost
Investors awaited the release of the domestic inflation report later this week. The FTSE 100 in London rose for a 2nd consecutive day. HSBC, the heavyweight in banking, rose 2% following its appointment of David Lindberg as CEO for its UK operations. Lindberg is a former NatWest executive and a veteran banker.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. Sources said that the European aerospace groups Leonardo Thales and Airbus are redoubling their efforts to combine satellite businesses in a 10 billion…
FTSE 100 closes at record high as financial and defence stocks surge
The FTSE 100 closed at a record high in Britain on Thursday. Gains in the financial and defence sectors fueled this, as investors assessed important economic data. The blue-chip index rose for the fourth day in a row, gaining 0.1%. The midcap index fell 0.2%. Investors have responded positively to UK GDP second-quarter figures.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. French insurer Axa nears 1 billion euros deal for Italy's Prima Assicurazioni, Bloomberg reports. Banijay Group French production media company reported H1 revenues up 6.1% at EUR 2…
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The engineering company reported net income of 180 millions euros and revenue 388.7million euros for the first six months of the year. This represents a 49% growth in EBITDA when compared with H1 2024.
Britain's FTSE 100 closes record, boosted by miners
Investors ignored the latest U.S. threats of tariffs and focused on negotiations, resulting in a record-breaking FTSE 100 closing on Thursday. The commodity-heavy FTSE 100 climbed 1.2% to 8,975.66, exceeding its previous intraday high hit in March. Susannah Streeter is the head of money markets and Hargreaves Lansdown.
UK stock prices fall amid concerns about state finances following costly U-turns
British stocks dropped on Wednesday as part of a larger selloff of UK assets amid growing concerns about public finances. This was after Finance Minister Rachel Reeves, who appeared in tears before parliament, made a series costly U-turns regarding welfare reforms.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The French train manufacturer said Monday that it had signed a contract worth 1.7 billion euros ($1.96 billion), to supply 96 new RER trainsets, for the RER D Line in France.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. Pernod Ricard has streamlined its business by dividing brands into two divisions. This was revealed in internal presentation slides that were seen on Wednesday.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. CREDIT AGICOLE: French bank Credit Agricole announced on Wednesday that it had signed a long term partnership agreement with Belgium’s Crelan Group, and would be acquiring a 9.9% share in the company.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. Bollore has said that it will not appeal the decisions of French market watchdogs on buyout offers. Elis announced a first-quarter revenue of 1.13 billion dollars and confirmed its outlook for 2025.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. ASM International, a manufacturer of computer chip equipment, announced that it would launch a 150 million euro share buyback. Casino, a French retailer…
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The Engineering group, GTT, reported revenues for the first quarter of 190.5 millions euros ($216.18million) on Thursday. It also confirmed its full-year goals.
British stocks plunge in worst day for 2020 as US-China Trade War intensifies
Investors avoided risky assets on Friday after China's retaliatory duties against the United States raised fears of a global economic recession. The blue-chip FTSE 100 reached a three-month-low, down almost 5% – its biggest daily drop since March 2021, when the world markets plummeted due to COVID-19.
UK shares drop after Trump announces tariff escalation
UK shares fell Monday, after U.S. president Donald Trump said that his tariffs will cover all countries. This intensified a global trade conflict. The blue-chip FTSE 100 fell 1% as of 1011 GMT; the midcap FTSE 250 index dropped 1.9% to a more-than-eleven-month low.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. Exmar reported on Thursday a decline in FY IFRS revenues to $348.9 millions but an increase in IFRS EBITDA at $204.7 million. It will not be proposing a dividend in 2024.
UK stock prices fall on uncertainty over tariffs; Heathrow power failure disrupts airlines
British stocks ended lower on Friday due to continued concerns about the impact of U.S. Tariff policy. Meanwhile, a Heathrow Airport shutdown impacted travel stocks. The blue-chip FTSE 100 index fell 0.6%. The FTSE 250 mid-cap index fell 0.9%. The blue-chip index gained 0.3% despite the losses of the day.