A rally in commodity and financial stocks led Britain’s FTSE 100 in the last session. The index closed 1.1 percent higher Friday, as firmer oil prices and a gleam of hope in the U.S. banking sector steadied investors’ nerves. The blue-chip index ended 41.62 points higher at 3,753.68, finishing the week up 6.3 percent, although [...]

The FTSE yesterday closed up 18 points with insurers leading the way after Standard Life published a promising set of preliminary results and US retail sales figures beat the estimated figures. Wall Street, which managed to avoid losing ground immediately after a big rally for the first time all year, held its breath. Were the [...]

Yesterday, notes Mr Secker, the FTSE fell just 21 points to close at 3,694 as investors wrestle with the current lows after heavy falls over the last fortnight. The Dow closed at 6,930 under the significant figure of 7,000. The S&P 500 closed at 721, a little up from the lows of last Friday. [...]

The FTSE manage to bounce up a massive 127 points yesterday closing at 3715 after Wall Street drove stock markets higher across Europe.  The life insurance sector was one of the biggest gainers with Pru leading the way with a 12% gain.  The banking sector also made similar gains with Lloyds climbing 16%.  The index [...]

The FTSE 100 index of leading shares inched up 0.33 percent Monday to close at 3,542.40 points. Vodafone being the most traded stock, seeing 173 million units change hands, followed by Lloyds Banking Group, which saw 131 million shares switch owners. Insurer Aviva was the best performer on the index, bouncing back from last week’s [...]

The FTSE 100 index is predicted to open 20 to 22 points higher today, according to financial bookmakers, having closed up at 3,530 in the previous session.  Lloyds Banking Group will be the centre of attention after it said Britain would take a stake of up to 77 percent in the bank.  Britain’s economic downturn [...]

Britain’s FTSE 100 index closed 116.01 points down from the previous session to close at 3529. The index is seen opening 9 to 14 points lower on Friday ahead of the key US jobs data according to financial bookmakers. Bank of England Governor Mervyn King has also commented that the central bank’s 75 billion pounds [...]

The FTSE 100 looks set to finish the day up after yesterday’s heavy losses, adding 3.14% by 16:09. The Index closed at 3645. Miners led the way this afternoon on the back of China’s better-than-expected industrial figures and on the expectation the Chinese Government will unveil a range of new economic stimulus measures tomorrow. The [...]

The FTSE closed down 113 points yesterday at 3,512 breaking the lows set October. The S&P, Dow and Nasdaq have also broken through major support levels in the last couple of days as the global selling rout continues driven by fear and concern for the state of the global economy. Reassurance from Gordon Brown and [...]

Buyers took a mauling yesterday while those going short ended the session smiling as the FTSE closed down 204 points at 3625. Financials were among the main losers as confirmation of HSBC’s rights issues were confirmed causing the index to fall to it’s lowest level in 6 years.  The Dow fell below 7,000 points for the [...]