The FTSE 100 spiked briefly through 7,000 points on Friday and sterling strengthened as investors woke to news that the Conservative party had beaten even the most optimistic expectations.
A lack of productivity and consumer reliance on low interest rates mean that widespread optimism around UK earnings is misplaced, according to Allianz Global Investors’ Matthew Tillett.
UK Q1 2015 dividend pay-outs were cut in half year-on-year, the Capita Dividend Monitor has revealed, alongside revising up its full-year projection.
While Royal Dutch Shell’s £47bn acquisition of BG Group is something of super-sized deal for the FTSE, it promises to be a weighty problem for active and passive funds alike.
Sell in May is a hackneyed notion thats bandied around as every spring dawns, but UK political uncertainty spells a special case for caution this year.
The FTSE 100 index has fallen sharply this morning as investors fretted over the implications of a rebound in the price of crude oil and the lack of progress in Greeces talks with its creditors.
The FTSE 100 could be driven well beyond last weeks record high if a resurgence of the mining sector takes hold, said Brooks MacDonalds investment team director Jonathan Webster-Smith.
The FTSE 100 index slid back this morning after closing at a record 6949 points yesterday.
The FTSE 100 index briefly reached record territory this morning before being dragged back down to earth by poor numbers put out by HSBC.
Equity markets have seen significant rallies today driven in large part by an apparent easing of one of the principal geopolitical risks weighing on asset prices.
Goldman Sachs believes FTSE 250 stocks look inexpensive despite the building likelihood of a UK interest rate hike in late 2014 or early 2015.
GlaxoSmithKline and AstraZeneca make big gains
