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FTSE 100 Live: Pound Sinks Closer to $1.23, UK Stocks Set to Rise
FTSE 100 futures are up 0.2%, pointing to a second day of gains for the index after it avoided the selloff that hit the midcap FTSE 250 yesterday. The latter closed 2% lower, its worst decline since the selloff in August and at the weakest level since May.
FTSE 100 Live 09 January: M&S and Tesco slide after festive updates, pound in new fall
M&S and Tesco shares have been hit by heavy selling during another bleak session for UK-focused assets. Sterling weakened to its lowest level in over a year and the FTSE 250 index lost more ground after yesterday’s 2% slide.
FTSE 100 LIVE: Stocks mixed as pound falls to 14-month low after bond sell-off
A weak pound ( GBPUSD=X) managed to help the FTSE 100 ( ^FTSE) outperform against its European peers on Thursday, with the currency hitting a 14-month low in early trading. Sterling has lost a cent against the US greenback, extending its recent losses and falling below $1.23 to its lowest level since November 2023.
FTSE 100 Live: Bond Yields Rise as Pound Falls Below $1.24
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FTSE 100 Live: London stocks volatile as pound slumps to 2023 levels, M&S and Greggs tumble
The Greggs PLC (LSE:GRG) update has seen its shares crumble 10% to the lowest since October 2023. Analyst Darren Shirley at Shore Capital says the year-end statement "is softer than our expectations" as it reflects what the company calls "more subdued" high street footfall.
FTSE 100 Moderately Higher As Mining Stocks Move Up
The U.K. market is up in positive territory Thursday morning, led by gains in the mining sector, even as stocks from the retail ...
FTSE 100 dips with focus on rate outlook as yields rise
The UK's FTSE 100 slipped on Tuesday as declines in banking stocks offset gains in energy shares, and the market awaited ...
FTSE 100 Live 07 January: Next sales cheer offset by rise in 2025 wage bill, house prices dip
Next has offset more forecast-beating festive sales figures by warning of slower UK growth and price hikes in 2025. A surge ...
FTSE 100 Live 08 January: Index seen lower after US selling, Hornby on track
Hornby, Topps Tiles and ProCook are in the spotlight after posting updates. Chief executive Olly Raeburn said: “Our ...
FTSE 100 closes higher as Trump tariff report lifts European markets
The UK's FTSE 100 inched up on Monday, joining a broad rally in European stocks after a report hinted at measured tariffs ...
This FTSE 100 stock’s forecast to grow 67% this year – and I’m betting it will!
FTSE 100-listed trainer and sportswear specialist JD Sports Fashion was on the back foot through most of 2024. But Harvey ...
FTSE 100 Up Marginally
U.K. stocks are moving in a very tight range Wednesday morning as investors wait for directional clues. Activity is mostly stock ...
Here’s why the FTSE 100 index may hit £10,000 in 2025
The FTSE 100 index has remained in a tight range in the past few months, underperforming top peers like the S&P 500 and ...