^FTSE - FTSE 100
| Previous Close | 7,299.19 |
| Open | 7,299.19 |
| Volume | 0 |
| Day's Range | 7,294.50 - 7,339.04 |
| 52 Week Range | 6,536.50 - 7,903.50 |
| Avg. Volume | 691,517,229 |
- CNBC Videos•4 days ago
European stocks open mixed as UK lawmakers seek Brexit delay
CNBC's Karen Tso outlines how European markets are performing on Friday.
- MarketWatch•5 minutes ago
Brexit news has little effect on London markets
Monday’s drama in the U.K. parliament seemed to do little for London markets, as speaker of the house John Bercow announced that he would not allow the government to proceed with a third vote on Prime Minister Theresa May’s Brexit deal without significant changes.
Reuters•21 minutes agoFTSE 100 extends rally as oil, miners gain; Ocado hits life high
The FTSE 100 was up 0.5 percent. The domestically-focused FTSE 250 was up 0.1 percent by 0936 GMT as investors waited for further Brexit developments after the speaker of Britain's parliament said Prime Minister Theresa May's deal could not be voted on again unless a different proposal was submitted. "You must say the sanguine reaction in currency markets reflects the fact that no one really knows where this leaves the Brexit story," Markets.com analyst Neil Wilson said.
- TheStreet.com•1 hour ago
Stocks Steady as Fed Meeting Looms; Latest Brexit Twist Checks Risk Appetite
Global stocks were little-changed in overnight trading as investors kept risk appetite in check ahead of the start of this month's Fed meeting in Washington. CME Group futures contracts suggest no change in rates from the Fed this week, but price in a 30% chance of a rate cut by January 2019. Britain's Brexit saga took another twist yesterday after a ruling from the Parliamentary speaker said Prime Minister May can't bring her twice-defeated Brexit deal to lawmakers without substantial changes to its text.
Bloomberg•2 hours agoEuropean Stocks Open Little Changed as Miners Rise, Asos Slumps
European equities opened steady as mining shares climbed amid higher copper prices and Asos Plc tumbled on a sales update. Rio Tinto Plc added 0.6 percent, while retailer Asos slumped 12 percent as it maintained full-year revenue growth guidance after a December profit warning. Evraz Plc fell 5.5 percent after Billionaire Roman Abramovich and his partners sold 1.8 percent of the steelmaker through an accelerated book build.
- CNBC•3 hours ago
European markets slightly higher ahead of Fed meeting; third Brexit vote blocked; Antofagasta shares up 3%
The pan-European Stoxx 600 was up around 0.3 percent during early morning deals, with most sectors and major bourses in positive territory. Market focus is largely attuned to central bank expectations, with the Fed due to kick-off its two-day policy meeting later in the session. May only has two days to secure approval for her deal to leave the European Union if she wants to meet with the bloc's leaders on Thursday with something to offer them in exchange for more time.
- Investing.com•5 hours ago
StockBeat - Asos Sinks, Ocado Flies After Warehouse Troubles
By Geoffrey Smith
- Reuters•15 hours ago
FTSE 100 at five-month high as pound drops amid Brexit chaos
The FTSE 100 added 1 percent - its biggest one-day rise since early February - to mark a sixth straight session of gains while midcaps ended roughly flat as a weaker pound weighed. Parliamentary speaker John Bercow said any proposal British Prime Minister Theresa May puts to lawmakers must be substantially different to the ones previously rejected by them. Bercow's comments aggravated Brexit jitters as May has just a few days to push her divorce deal through if she wants to go to an EU summit on Thursday with something to offer them in return for more time.
- Reuters•16 hours ago
Deutsche merger move takes European stocks rally to fourth day
European stocks rose for the fourth session in a row on Monday as a flurry of dealmaking, including merger talks between Deutsche Bank and Commerzbank , spurred gains in the financial services sector. DWS shares jumped 9 percent to their highest since May.
- Reuters•22 hours ago
GLOBAL MARKETS-Stocks rise, dollar slips as traders price in accommodative Fed stance
Global shares hit their highest levels in five months and the dollar dipped on Monday, as traders began to price in the likelihood of the U.S. Federal Reserve sticking to an accommodative stance at its policy meeting this week. European markets extended a run of gains, helped by a jump in shares in German lenders Deutsche Bank and Commerzbank after they confirmed over the weekend that they were in talks to merge. Britain's FTSE 100 outperformed its European peers with a nearly 0.7 percent gain at the start of a week that could see parliament voting for a third time on Prime Minister Theresa May's Brexit plan after ruling out a near-term no-deal exit.
- Reuters•yesterday
GLOBAL MARKETS-Stocks climb, dollar dips as traders price accommodative Fed
Global stocks rose to their highest in five months and the dollar dipped on Monday as traders began to price in an accommodative stance from the U.S. Federal Reserve at its policy meeting this week. European markets extended a run of gains, helped by a jump in shares in German lenders Deutsche Bank and Commerzbank after they confirmed over the weekend they were in talks to merge. Britain's FTSE 100 outperformed its European peers with a 0.3 percent gain at the start of a week that could see parliament voting for a third time on Prime Minister Theresa May's Brexit plan after ruling out a near-term no-deal exit.
- CNBC•yesterday
European markets edge higher; Deutsche Bank and Commerzbank shares jump 3% amid merger talks
The pan-European Stoxx 600 was up around 0.1 percent during mid-morning deals, with most sectors and major bourses in positive territory. Deutsche Bank and Commerzbank surged to the top of the European benchmark Monday morning. It comes after Germany's largest lenders confirmed they were in merger talks over the weekend.
- Investing.com•yesterday
StockBeat: Deutsche Bank, Commerzbank Rise After Confirming Merger Talks
By Geoffrey Smith
- Reuters•2 days ago
Dividend, FTSE 100 inclusion lend appeal to Phoenix Group shares - Barron's
Shares of U.K. insurer Phoenix Group Holdings are appealing for several reasons including their pending inclusion in a key British stock index and a stable, hefty dividend, according to Barron's. Starting on Monday, Phoenix Group will be included in the FTSE 100 index which means fund managers that track that index will need to buy the stock. The company also is expected to pay a bigger dividend than its life-insurance industry peers, according to Barron's. The article cited a Barclays report that said it expects Phoenix’s dividend yield to total 7.5 percent this year, above 7 percent for Legal & General Group and 6.7 percent for Dutch life insurer Aegon.
- Barrons.com•4 days ago
This U.K. Insurance Stock Offers a Hefty Dividend — and Refuge From Brexit
Phoenix Group consolidates pension funds and life insurance policies as they wind down. The big dividend is backed by a resilient balance sheet.
Reuters•4 days agoUK shares up after vote for Brexit delay; oil majors gain
Britain's parliament approved asking the European Union for a short delay if lawmakers can agree on a Brexit deal by March 20, or a longer delay if nothing can be agreed in time. Stocks deemed to be less risky at times of economic uncertainty also contributed to gains with consumer giant Unilever, tobacco firm British American Tobacco and pharmaceutical company GlaxoSmithKline rising. Spreadex analyst Connor Campbell said the need for the EU to unanimously approve any delay meant some uncertainty remained, thus drawing investors to defensive stocks.
- MarketWatch•4 days ago
FTSE 100 climbs supported by oil and banking; investors digest Britain's Brexit extension request
London markets climbed on Friday, rising as global stock markets climbed on trade hopes, while investors also digested this week’s third major vote from U.K. parliament on Brexit. Meanwhile, the British pound (GBPUSD) climbed to $1.3265 from $1.3242 late in New York on Thursday, continuing the week’s gains.
- MarketWatch•4 days ago
European markets track global stocks higher; energy companies offer support
European markets were positive on Friday, as investors took stock of the latest U.K. parliamentary vote to ask E.U. leaders to extend Britain’s withdrawal from the E.U.
FX Empire•4 days agoTrade Hope Lifts Stocks, UK Delays Brexit, BOJ Holds Rates Steady
UK delays Brexit, China pledges support for the economy, renewed trade hopes lift markets.
- Reuters•4 days ago
GLOBAL MARKETS-Stocks gain on trade optimism, set for best week since January
Global stocks rose on Friday after a report that U.S.-China trade talks were making progress and a vote by UK lawmakers to delay Britain's exit from the European Union. European stocks markets opened higher, with the pan-European STOXX 600 index reaching its highest since October. Britain's benchmark FTSE 100 index outperformed, boosted by growing expectations Britain will not leave the EU on March 29 without a deal.
- TheStreet.com•4 days ago
Dow Futures Extend Gains on China Stimulus, Brexit Delay, as Equity Bulls Return
Wall Street futures bump higher on plans for fiscal stimulus in China and last night's Brexit delay vote, helping the S&P 500 extend its 12% year-to-date gain. China vows tax cuts, market reforms, in "employment first" economic stimulus as U.S. trade talks slowing edge forward. Bank of America Merrill Lynch says U.S. stocks see net inflows of $25.5 billion this week, the highest in a year, as investors dump emerging market stocks to ride Wall Street's bullish wave.
- Investing.com•4 days ago
StockBeat: Hopes on Trade, Brexit Lift Markets; VW Hit as SEC Charges Ex-CEO
By Geoffrey Smith
Reuters•5 days agoEuropean shares climb to five-month peak after no-deal Brexit rejected
European shares rose to a five-month high on Thursday, boosted by strength in the banking sector after Britain's parliament voted to reject a disorderly Brexit. Sentiment improved from cautious to upbeat after the open, ahead of another vote on Thursday evening that could delay Britain's planned departure from the European Union. "We now see a 60 percent chance (up from 55 percent) that a close variant of the prime minister's current Brexit deal is eventually ratified," Goldman Sachs analysts wrote.
Reuters•5 days agoLondon's main index up as no-deal Brexit 'off the table'
The domestically-focussed FTSE 250, more exposed to outcomes of Brexit proceedings, rose 0.6 percent. Wednesday's parliamentary vote paved the way for another one on Thursday that could delay Britain's exit from the European Union until at least the end of June.
