In London on Monday, the FTSE 100 was up 0.4 percent to 5,429.7. Meanwhile, the FTSE 250 reached another all-time high close, ending 0.4 percent higher at 7,930.2.
Volume was at 2.5 billion shares traded. Mobile phone operator Vodafone fell 1.8 percent to 151½p when an expected announcement concerning a cash return to […]

In London on Wednesday equities markets were a bit higher on a volume of 2.9 billion shares traded. The FTSE 100 was up 0.2 percent to 5,347.4 as Deutsche Bank raised its target for the 100 to 5,550 by the end of the year and forecast that it would hit 5,850 by the end […]

The release of the minutes of the Bank of England monetary policy committee meeting minutes from their most recent meeting show that the committee approved this month’s UK interest rate cut by a close 5 to 4 vote.
The majority who voted for the rate cut argued that confidence would be damaged if the […]

The London equities markets closed in positive territory on Wednesday as the FTSE 100 gained 0.3 percent to 5,377.5 and the FTSE 250 was up 0.4 percent to 7,734.6 on a volume of 2.8 billion shares traded.
Life assurers saw advances in share value. South Africa-based life assurers Old Mutual gained 2.5 percent to […]

In London on Wednesday, the FTSE 100 gained 0.1 percent to close at 5,332.3 after having fallen 23 points early. Meanwhile the FTSE 250 managed another all-time high, gaining 0.5 percent to 7,675.4. 2.7 billion shares were traded on the day.
The mining sector was key in the day’s gains. Shares in […]

In London on Monday, the FTSE 100 gained 0.6 percent to 5,270.7 while the FTSE 250 barely moved at all, adding only 3.1 points to 7,498.9 as trade was relatively slow at just 2.6 billion shares.
The oil sector was strong in both the blue chip and mid-cap categories as Lehman Brothers predicted that […]

In the London equities markets, the FTSE 100 closed the week at 5,241.8, up 0.4 percent for the day and 0.2 percent for the week. The FTSE 250 ended the day Friday at 7,495.8, also up 0.4 percent for the day and 0.3 percent on the week.
It was a week of some […]

In London on Monday, the FTSE 100 lost 16.6 points to close at 5,214.2 on profit-taking from recent gains, while the FTSE 250 was down 35.8 points, closing at 7,435.0. Three billion shares were traded on the day.
Anglo-Dutch steel maker Corus, whose shares have gained 120 percent in the last two years, lost […]

In London, the equities markets closed down on Friday. The FTSE 100 lost 0.6 percent on to close at 5,230.80, almost even for the week, while the FTSE 250 fell 0.5 percent on the day to 7,470.8, an 0.6 percent decline on the week.
The biggest losers for the week were the oil […]

In London on Thursday, the FTSE 100 gained 13.8 points to 5,259.7, but the FTSE 250 lost 33.0 points to 7,508.7 on a volume of 3.5 billion shares traded.
UBS upgraded the price targets of oil companies BP, Shell, and BG Group. BP’s target was raised to 700p, up 13 percent, while Shell […]