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UK Investor Magazine

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Economy

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UK Investor Magazine

01.12.2023

FTSE 100 jumps as oil prices gain on OPEC+ production cut reports - UK Investor Magazine

The FTSE 100 gained on Thursday as higher oil prices helped BP and Shell contribute a significant number of points to London’s leading index. BP shares were 2.9% at the time of writing, while Shell added 1.7%. After a slow start to the week, the FTSE 100 was playing catch up with global equity indices […]

UK Investor Magazine

02.12.2023

FTSE 100 gains as miners steam ahead - UK Investor Magazine

The FTSE 100 ticked higher on Friday as strong miners buoyed the index and took it briefly to the highest levels since mid-October. London’s leading index was 0.6% to the good in mid-afternoon trade on Friday. Miners soared as investors digested better-than-expected Chinese manufacturing data which raised hopes of improving activity in the world’s second-largest […]

UK Investor Magazine

02.12.2023

Tesla shares drop after new Cybertruck pricing reveal - UK Investor Magazine

On Friday, Tesla’s CEO, Elon Musk, revealed that the long-awaited futuristic ‘Cybertruck’ is going to cost 50% more than his initial estimates. New prices will start at $60,990, but many still worry about the car’s potential usefulness. Tesla’s shares have been falling all week and are down 3% at the time of writing on Friday. That […]

UK Investor Magazine

03.12.2023

AIM weekly movers: VELA option exercise - UK Investor Magazine

Vela Technologies (LON: VELA) shares jumped 83.9% to 0.0285p on the news that it has exercised the put option to sell the interest in AZD1656, which relates to a Covid application, to Conduit Pharmaceuticals for £3.75m in shares. In September, Conduit Pharmaceuticals completed its IPO on Nasdaq. Antibody discovery and supply company Fusion Antibodies (LON: […]

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