Stock market live Feb 7: Top gainers – Vodafone, Compass, Amec

The UK stock markets fell for the first time in three days today to 6,278.28, falling 0.27%, after Bank of England (BoE) announced that it has kept interest rates unchanged at its latest meeting. The BoE maintained the Bank Rate at the record-low level of 0.5% and kept the asset purchase programme unchanged at £375bn, in line with market expectations. The Monetary Policy Committee led by Governor Mervyn King said the target for its bond…
Read more...Stock market live Jan 30: Top gainers – WPP, Prudential, RSA Insurance

The UK stock market rose marginally today after yesterday’s decline, by 0.05% at 6,342.64 as strong gains in the financial sectors was outweighed by heavy losses in the resources sector, resulting in a mixed trading atmosphere this morning. The preliminary estimate for fourth-quarter gross domestic product growth in the US is due in sometime, with analysts expecting the economy to have grown at an annualised rate of 1.1% in the final three months…
Read more...Stock market live Jan 29: Top gainers – Anglo American, Evraz, Johnson Matthey

The UK stock market paused for a breather today at 6,291.67, falling marginally by 0.04%, after hitting four-and-a-half year high, as investors waited cautiously for the US economic data and corporate earnings. This morning the UK stocks opened on a positive note with the forward-looking German GfK consumer confidence survey increased from 5.7 to 5.8 in February. Investors focus on Ford, Amazon and Pfizer, which are scheduled to report quarterly earnings today. Stock futures…
Read more...Stock market live Jan 28: Top gainers – Old Mutual, HSBC, Aberdeen

The UK stock market opened on a flat note reaching 6,284.31 by noon rising less than 0.1%, after a decent run last week, with a marginal increase last Friday, as investors appeared to be cautious ahead of the US report on durable-goods orders, which is expected to increase by 2.0%, ahead of the 0.8% gain the month before. The UK stocks were trading at an extremely narrow range this morning, with just 10…
Read more...Stock market live Jan 25: Top gainers – TUI Travel, Sage Group, IAG

The UK stock market remained in the positive territory today at 6,266.72, rising marginally by 0.03% from yesterday, despite worse GDP figures that threaten to push Britain back into recession. The stock market index which crossed the 6,200-mark, sustained yesterday’s high which was achieved due to better-than-expected European and Chinese economic data. Today’s GDP figures reveal the stark reality of the UK economy which dreads falling into a triple-dip recession…
Read more...Stock market live Jan 24: Top gainers – Croda International, CRH, Vodafone

The UK stock market inched higher than yesterday, registering decent gains today reaching 6,214.88, rising 0.28% as better-than-expected economic data from Europe and China, coupled with US lawmakers’ decision to suspend the government’s borrowing limit, eliminated the fear caused by Apple’s disappointing earnings. This morning, investors felt lost at the UK stock market as tech giant Apple surprisingly missed revenue and profit forecasts in its first quarter of fiscal year….
Read more...Stock market live Jan 23: Top gainers – Unilever, Tullow Oil, Evraz

The UK stock market gained 0.09% to reach 6,184.82 today, improving slightly on yesterday’s performance, displaying cautious ahead of key economic announcements, corporate earnings and an important speech by David Cameron. The highly anticipated Prime Minister’s speech on EU referendum did not move the investors as he committed his party to holding a referendum on whether the UK should remain in the EU by the end of 2017. The UK…
Read more...Stock market live Jan 22: Top gainers – Kingfisher, Petrofac, Next

The UK stock market remained under weather at 6,173.59, falling 0.12% today, owing to the unimpressive policy announcement from Japan. After a two-day meeting, the Bank of Japan set a 2.0% inflation target and pledged to adopt the US-based Federal Reserve-style unlimited asset purchase programme. The tentative start to the UK stock market today was also prompted by central bank’s postponement of promised increase in asset repurchases, which will not come until January 2014….
Read more...Stock market live Jan 21: Top gainers – Admiral, Aviva, GlaxoSmithKline

The UK stock market made small gains this morning landing at 6,167.96, up 0.22% by afternoon, despite the absence of trading on the Wall Street. The afternoon saw the UK stocks rise after Republicans declared that they would hold a vote to extend the US government’s authority to borrow. This afternoon the UK stock market saw insurance giant Admiral surged 5.3% to 1,215 pence this morning, which is its biggest gain in three…
Read more...Tesco horsemeat burger row causes supermarket’s share prices to fall by 1%

Tesco shares today fell down by 1%, knocking off about £300m from the supermarket’s market value, after horse meat traces were found in its beef burgers. The horse meat scandal pushed Tesco’s share 3.6p lower to 346p, making it one of the FTSE 100′s heaviest fallers today. The Tesco horsemeat burger row has, thus, led to Tesco share prices being among the heaviest fallers on the FTSE 100. The Tesco…
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