Britain’s FTSE 100 tumbled 135 points to close at 3762 on Monday. According to financial bookmakers, the
index is seen opening 16-25 points higher on Tuesday, clawing back some of the previous session’s sharp losses as crude prices bounced and traded near $49 a barrel. A survey showed British consumers grew less gloomy in March as [...]

Britain’s FTSE 100 index is seen opening 30-57 points lower on Monday, according to financial bookmakers, reflecting weak showings on Wall Street and in Asia and caution ahead of this week’s G20 summit. The UK blue-chip index closed 26 points lower on Friday at 3,898. All eyes will be on the G20 meeting at London’s [...]

The FTSE 100 closed up 24 points yesterday at 3,925. The third reading of our fourth-quarter GDP is due out at 0930 this morning, and economists expect little or no change to the earlier estimate of a 1.5 percent contraction. It looks as if the key number of 4,000 provided resistance on Tuesday. The US [...]

Britain’s FTSE 100 index is seen opening 21 to 28 points higher on Thursday, according to financial bookmakers, ending a two-day losing run as U.S. and Asian stocks gained. The UK benchmark closed down 11.21 points at 3,900 on Wednesday. It is down 12 percent this year but remains about 12.7 percent higher than its [...]

The FTSE 100 closed lower yesterday by 41 points at 3911. This followed the shock release that UK annual inflation rate (CPI) rose to 3.2% last month.  Despite this rise, many economists are still predicting inflation to fall later in the year, with the possibility of deflation, which is massively damaging to the economy in [...]

The FTSE closed up nearly 110 points yesterday as it raced up to hug onto the 50 day exponential moving average. The index closed at 3953, as markets across the globe soared in reaction to the U.S saying they will spend up to 1 trillion dollars on toxic assets. The financial and mining sectors were [...]

The FTSE 100 ended slightly higher on Friday, rounding off a good week for the leading share index closing at 3842. Insurers continued their strong performance from previous days. They were led by Legal & General and Prudential. The Pru is being helped by stories that it’s new chief executive’s first job could be to [...]

Britain’s FTSE 100 index is seen opening up 38-39 points on Thursday, as reported financial bookmakers, after Wall Street rose overnight on the Federal Reserve’s plans to buy bonds. The UK blue-chip index closed down 52.11 points on Wednesday pulled down by weakness in commodities and banks. Fuelled by federal chairman Ben S.Bernanke’s determination to [...]

Britain’s FTSE 100 is seen opening 39-40 points higher on Wednesday as sentiment was boosted by an unexpected increase in U.S. housing on Tuesday. Investors will be watching UK employment data at 0930 GMT for more evidence on the extent of the recession and how badly it is affecting the UK economy. Focus also shifted [...]

The FTSE 100 jumped almost 3 percent yesterday, building on last week’s rally, as Barclays delivered an upbeat assessment of its current trading. The index of blue-chip companies ended the day 110.31 points up at 3863.99 & showing a rise in six of the past seven trading days.
Barclays, the third-biggest UK bank, told investors that [...]