FTSE 100 hits record high as supply glut fears recede
The British blue-chip index climbed to 7,458.5 out of the gate on Monday morning, as the price of oil surged.
FTSE 100 Index
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PA ANALYSIS: The innovation to usurp active management
Multi-factor investing is being billed as the next big thing by asset managers eager to continue to weaponise passive management.
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Investors left wanting more after Trump’s policy-lite speech
US president Donald Trump’s first address to Congress was big on sweeping nationalistic statements, short on details for his future tax and infrastructure policies.
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PA ANALYSIS: Should FTSE investors fear an OAP market?
There’s an adage that markets don’t die of old age, but let’s hope this current bull run doesn’t turn into an OAP situation, that is, ‘ope and pray we don’t crash.
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Investment trust managers eyeing financials and tech
More than a quarter of fund managers will favour financials next year, with 26% of those surveyed by the Association of Investment Companies (AIC) saying they will opt to invest in the sector.
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FTSE 100 hoisted by Brexit-bruised Land Securities, easyJet and Vodafone
The FTSE 100 Index mirrored Monday morning’s rally and was up 0.8% at 6807 even after constituents Land Securities and Vodafone reported H1 losses and easyJet delivered lower profits Tuesday morning.
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Pearson shares nosedive on poor sales performance
Pearson shares plummeted by 10.2% to 748p Monday morning after the publisher reported a decline in comparable sales over the last nine months.
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FTSE 100 rallies and sterling topples as Brexit countdown begins
Confirmation that UK Prime Minister Theresa May would trigger Article 50 by the end of Q1 2017 rattled sterling and catapulted the FTSE 100 index to its highest level in over a year.
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Berkeley predicts rising profits but warns of government threat to developers
The Berkeley Group Holdings stock was the biggest riser in the FTSE 100 on Tuesday, climbing 2.9% to 2768p in light of the three-year profit projections set out by the company.
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Next profits up, but AXA Framlington steers clear
High street mainstay Next helped prop up the FTSE 100 this morning, having reported a year-on-year 0.3% rise in total sales over three months to end July.
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BP profit slide weighs on FTSE
The FTSE 100 was virtually flat on Tuesday at 6721 as BP reported lacklustre numbers.
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Brexit batters banks, builders, easyJet
Trading in domestically-focused banks, RBS and Barclays, was temporarily suspended on Monday after their share prices dropped 9% and 10%, respectively.