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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 edged higher on Tuesday as markets await central bank decisions later this week and insight into the trajectory of rates for the rest of this year. The FTSE 100 was up 12 points to 7,665 at the time of writing and had been in a tight range for most of the session. […]
Article by IG Senior Market Analyst Axel RudolphFTSE 100, DAX 40, S&P 500 Analysis and ChartsFTSE 100 rises as UK inflation diminishesThe FTSE 100 bounced off its 200-day simple moving average (SMA) at 7,643 as UK consumer price inflation (CPI) for August came in at a better-than-expected 6.7% year-on-year (YoY) versus an expected 7.0% and
The FTSE 100 was charging in tomorrow’s Bank of England decision after UK inflation came in lower than estimated casting doubt over whether UK rates would indeed rise to 5.5%. A UK CPI reading of 6.7% sparked a rally in London’s leading index as investors reacted to a chance the Bank of England see the […]
The Bank of England made the surprise decision to keep rates on hold on Thursday, with the nine voting members split five to four on whether to keep interest rates at 5.25%. The FTSE 100 did pop higher in the immediate reaction, but the rally faded shortly afterwards, and London’s leading index was trading down […]