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FTSE 100 The FTSE 100, also known as the Financial Times Stock Exchange 100 Index, is a stock index of the 100 most highly capitalized companies listed on the London Stock Exchange. It is seen as a gauge of prosperity for businesses regulated by UK company law and is the most widely used stock market index in the United Kingdom. The index is maintained by the FTSE Group, a subsidiary of the London Stock Exchange Group.
The FTSE 100 got off to an upbeat start on Wednesday as Smiths Group led the index higher after reporting strong revenue growth in its first quarter. London’s leading index was trading 0.25% higher in mid-morning trade after breaking a losing streak that had brought it within touching distance of 8,000. “However, it’s still hovering […]
The FTSE 100 carved out gains on Thursday as sentiment improved, but investors should be wary gains for Uk stocks in recent sessions have quickly been sold into as choppiness after the US election persists. US CPI released yesterday has weakened the pound against the dollar and supported the FTSE 100’s overseas earners, leading to […]
The FTSE 100 traded sideways for most of Friday’s session after a sell-off of US equities overnight on revisions to interest rate cut expectations spilt over into the European session. Federal Reserve Chair Jerome Powell’s comments overnight sent US equities into a tailspin. Powell signalled that the Fed was in ‘no hurry’ to cut rates […]
The FTSE 100 traded in a tight range on Monday with little impetus to move UK stocks in either direction. London’s leading index traded positively for most of the session, gently undulating between flat and up around 20 points. At the time of writing, the index was 0.1% lower at 8,054. Directionless trade is a […]
The FTSE 100 posted minor gains on Wednesday, which would have come as a welcome relief for UK equity investors, given the backdrop of geopolitical risks and rising UK inflation. Concerns about possible escalation in the Ukraine-Russia war were reignited yesterday after Russia hinted at the use of nuclear weapons in response to missile attacks […]
The FTSE 100 dipped on Tuesday as tensions in Eastern Europe ratcheted up amid threats of a nuclear response by Russia after Ukraine fired missiles at targets in Russia for the first time. The Ukraine-Russia conflict is a primary uncertainty following the reelection of Donald Trump. However, it’s the outgoing President Biden who sparked the […]
The FTSE 100 again showed no signs of conviction to move in either direction on Thursday, with a mix of corporate earnings driving trade. Nvidia was the big talking point on Thursday after the chip maker missed sales guidance expectations for Q4, despite smashing Q3 revenue and earnings estimates. A 3% drop in the US […]