^FTSE - FTSE 100
| Previous Close | 7,459.88 |
| Open | 7,459.88 |
| Volume | 0 |
| Day's Range | 7,459.88 - 7,489.71 |
| 52 Week Range | 6,536.50 - 7,903.50 |
| Avg. Volume | 684,832,196 |
- CNBC Videos•5 days ago
Investors are moving into low-risk sectors rather than cash as economy slows: Strategist
Rachel Winter, senior investment manager at Killik & Co., discusses how the economy is affecting investor sentiment.
Reuters•11 minutes agoEuropean shares fall as earnings kick in, Umicore weighs
Earnings started to roll in on a not-so-positive note with battery maker Umicore tumbling to the bottom of STOXX 600 after the Belgian group warned revenue and earnings growth in 2020 will be lower than previous indications due to delays in the electric vehicle and energy storage markets. Car part suppliers Plastic Omnium and Faurecia also reported first quarter results. Plastic Omnium slid 1.5 percent after warning of a decline in worldwide auto production, but Faurecia rose 1.5 percent after the company met its full-year target.
Reuters•16 minutes agoFTSE 100 at fresh six-month high as oil majors rise, Thomas Cook takes off
The FTSE 100 rose 0.2 percent to hit a fresh 6-month high, while the FTSE 250 had eased 0.1 pct by 0717 GMT. Shell and BP boosted the main index, rising 1.9 percent and 1.6 percent respectively, as oil prices surged on anticipation of tightened supply after the U.S. said all Iran sanction exemptions would end by May. Small-cap Thomas Cook leapt 14 percent after a Sky News report that the world's oldest tour operator was tentatively approached by several parties regarding a takeover of its tour operating division or the entire company.
- CNBC•2 hours ago
Europe markets slightly lower as investors brace for earnings deluge; Thomas Cook up 15%
The Belgian materials tech and recycling company downgraded its revenue and earnings forecast for 2020. The French retailer Casino announced Tuesday that it is expanding its partnership with Amazon, allowing it to sell via the e-commerce platform. Shares of Casino were marginally higher.
- FX Empire•19 hours ago
Cautious Market Waits On Earnings, EU Closed For Holiday, Oil Prices Surge 3%
Oil surges after the U.S. tighten sanctions on Iranian oil. The indices moved lower in response but traders are more focused on this week’s round of earnings.
- Financial Times•21 hours ago
UK companies cut money set aside for legal claims
Britain’s biggest companies are reducing the amount of money they set aside for legal claims and regulatory fines, as some of the post-crisis wave of scandals and related litigation recedes. This drove up the amount FTSE 100 companies set aside against potential legal costs to £34bn in 2016. The following year, however, that had dropped to £24.8bn — a fall of 27 per cent — according to Thomson Reuters Practical Law, which compiled the data from company reports.
- FX Empire•3 days ago
Weekly Wrap – Risk Appetite Failed to Support the AUD, the EUR, or the Kiwi…
The Greenback found support in a week where the Aussie and Kiwi Dollar hit red and economic data out of the Eurozone and China diverged.
- Financial Times•4 days ago
Schroders investors advised to reject Leonie Schroder’s board appointment
Shareholders in Schroders have been urged to block the reappointment of Michael Dobson as chairman of the FTSE 100 listed fund manager, as well as the election to the board of the latest member of the controlling Schroder family, by an influential proxy adviser. Glass Lewis has recommended votes against Mr Dobson and Leonie Schroder at the group’s annual general meeting on May 2 due to her inexperience. ISS and Glass Lewis are the two biggest proxy advisers and typically hold sway with up to 25 per cent of a company’s shareholders.
- Reuters•5 days ago
European shares rise as short covering, earnings help temper tepid PMIs
The pan-European STOXX 600 index rose for a seventh straight session, its best winning streak since early February with Germany's DAX closing at six-month highs, while London's FTSE 100 fell, dragged by healthcare stocks. The data came on the heels of the German government lowering its forecast for 2019 economic growth on Wednesday, which was overshadowed by better-than-expected economic data out of China. "There is so much pessimism around Europe that the negative PMI data failed to find fresh sellers, triggering short-covering," said Giuseppe Sersale, fund manager at Anthilia Capital in Milan.
Reuters•5 days agoFTSE 100 dips on sluggish euro zone PMI, Unilever sparkles
The FTSE 100 was down 0.2 percent and the FTSE 250 dropped 0.1 percent. "What's clear from today's PMI numbers is that there are as yet no green shoots of spring for the euro zone," Markets.com analyst Neil Wilson said. Euro zone business activity barely grew in April as demand was sluggish even though prices rose modestly, surveys showed.
- MarketWatch•5 days ago
Why Credit Suisse says tech stocks are actually defensive (hint: it’s the cash)
While many eyes will turn to the Pinterest and Zoom initial public offerings, part of a strong run of tech IPOs recently, most of the attention will fall on the Justice Department’s release of the redacted Mueller report into U.S. President Donald Trump and Russia. The debate over whether tech stocks will fall when the economic cycle turns to contraction, and businesses and consumers pull back on spending, has heated up in recent years.
- FX Empire•5 days ago
Futures Rise On Data, Global Equities Mixed, Trade Deal Draws Near
Mixed data weighs on markets while earnings are in focus.
- TheStreet.com•5 days ago
Stocks Lower as North Korea Tests, Mueller Report Release, Cast Cautious Shadow
Global stocks drift lower as investors adopt a cautious stance ahead of the Easter holiday break and prep for the redacted release of the Mueller Report into Russian election meddling later in the session. North Korea's renewal of weapons testing unnerves markets in Asia, while growth and trade concerns keep European stocks in the red amid lighter-than-usual trading volumes. Attorney General William Barr will hold a press conference on the Mueller findings at 9:30 am, with a redacted version of the 400-page report expected to be delivered to lawmakers on Capitol Hill at 11:00 am Eastern time.
- MarketWatch•5 days ago
Unilever results fail to hoist London markets
London markets were down Thursday as the consumer goods giant’s earnings could not outweigh weaknesses in mining and banking
- MarketWatch•5 days ago
No Easter treats for Europe as stagnation fears hit markets
European stocks were down on Thursday ahead of the Easter break, as yet more indicators pointed to malaise in the region’s economy. In the U.K., the FTSE 100 (UK:UKX) lost 0.2% to 7457.02 after finishing flat the previous day, while Germany’s DAX fell by 0.3% to 12,122.03 and France dipped 0.4% to 5,542.17. Italy’s FTSE MIB (IT:I945) was the biggest loser among regional indices on Thursday, swooning 0.6% to 21,873.95.
Bloomberg•5 days agoGlory Days Are Over for European Stocks in 2019, Strategists Say
According to the average response in a Bloomberg poll, the Stoxx Europe 600 Index is likely to fall 8.9 percent from Wednesday’s close, to 355 points, by the end of 2019. The Euro Stoxx 50 Index, home of the euro-area’s biggest companies, is seen retreating 6.4 percent from current levels, to 3,255, the survey shows. The region’s equities are being torn between conflicting signals: optimism over global growth has helped boost the value of the Stoxx 600 by about $1.7 trillion from its December lows, while outflows from European equity funds continue almost non-stop.
- Investing.com•5 days ago
StockBeat - Gloomy PMIs Overshadow Strong Nestle, Unilever Results
By Geoffrey Smith
- Reuters•6 days ago
European shares ease from eight-month high as miners weigh
The pan-European STOXX 600 index was down 0.2 percent by 0930 GMT after five straight days of gains. China's economy unexpectedly steadied in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement. "The reaction in equity markets was muted after the data release, probably because much of the positivity has already been priced in," said Hussein Sayed, chief market strategist at FXTM.
Reuters•6 days agoLondon's shares off six-month highs, Bunzl suffers worst day in a decade
The FTSE 100 was little changed by session end, lagging its peers on Wall Street and in Europe, while mid-caps gave up 0.3 percent. Miners lost 1.2 percent after Vale SA said it expected to resume operations at its Brucutu mine within 72 hours. London-listed shares in Rio Tinto fell 2.7 percent and BHP, the world's biggest miner, gave up 2.5 percent after cutting its iron ore output target following a tropical cyclone.
FX Empire•6 days agoMarkets Brace For Earnings, Optimism Is Fading, Slower Growth Confirmed
Chinese GDP is better than expected but did little to fuel optimism for future earnings growth.
- MarketWatch•6 days ago
Miners drag London markets lower
London markets were marginally lower as mining giant BHP Group PLC followed rivals in cutting iron ore production guidance. How did markets perform? The U.K.’s FTSE 100 (UK:UKX) fell 0.1% to 7,459.1. It had risen 0.
- Investing.com•6 days ago
StockBeat - Why Axa Isn't on the Hook (Too Much) for Notre Dame
By Geoffrey Smith
Reuters•7 days agoEuropean shares rise for fifth day on banks boost
The pan-European STOXX 600 index gained 0.2 percent by 0928 GMT led by Germany's DAX 0.6 percent rise while Spanish and Italian bourses were flat to modestly lower. Also encouraging investors was a ZEW survey showing the mood among German investors improved in April, as the growth outlook for Europe's largest economy brightened amid a resilient global economy and a delay to Britain's departure from the EU. Zalando jumped more than 10 percent, making it the top performer on the STOXX and pushing the retail sector 0.7 percent higher after the e-commerce company said it expected to post an operating profit for the first quarter.
Reuters•7 days agoUK shares at six-month highs, JD Sports leaps on profit beat
The FTSE 100 added 0.4 percent after hitting its highest since Oct. 4 as a dip in pound boosted blue-chip exporter stocks. The more domestically-focused midcap index built on last week's momentum, when the European Union agreed a second delay to Brexit, and clung to its six-month high with a 0.6 percent rise. Both followed gains in Asia after data showed that new home prices in China grew slightly faster in March after a slow-down the previous month, kindling hopes that Beijing's stimulus measures were having an impact.
