|Day's Range||7,177.95 - 7,234.16|
|52 Week Range||6,536.50 - 7,903.50|
Both the FTSE 100 and the FTSE 250 ended the day with 0.7 percent higher. Stocks in Wall Street were also in positive territory as investors awaited the Federal Reserve's minutes from its latest meeting. Hopes of a breakthrough in the U.S.-China trade talks lifted spirits as U.S. President Donald Trump said he was open to extending their March 1 deadline.
The majority of Europe’s indexes remained buoyant on Wednesday, as buyback announcements from heavyweights Lloyds Banking Group PLC and Glencore PLC lifted share prices and kept markets mostly positive.
A combined $4.3bn of share repurchases helped investors look past falling profits at both firms, and contributed to keeping the region’s indexes in the green on Wednesday morning.
London markets were up on Wednesday, after gains from the banking and mining sector helped to boost the FTSE 100
Glencore is well placed to supply copper and cobalt needed for a shift to a more electrified economy and the buyback should bolster a share price that has come under pressure because of its operations in politically risky Democratic Republic of Congo. Glencore's share price has been underperforming its peers since the middle of last year, when the U.S. Department of Justice demanded documents about Glencore's business in the Democratic Republic of Congo, Venezuela and Nigeria.
The FTSE 100 closed down 0.6 percent, its biggest fall in nearly two weeks, and the FTSE 250 was down 0.3 percent. HSBC was the biggest drag on the main bourse on its worst day in almost two years, as uncertainty around the China-U.S. trade situation was reflected in the Asia-focused bank's disappointing profit growth. Its shares slipped 4 percent, knocking more than 20 points off the FTSE 100 and dragging peer Standard Chartered down 2.1 percent, with the bank warning weaker economic outlooks for China and Britain would pose more challenges this year.
London markets faltered on Tuesday, as investors responded to results from heavyweights HSBC Holdings PLC and miner BHP.
Trade sentiment drags on equities on Tuesday but there is still hope a deal can be reached between US and Chinese negotiators.
European stocks were down on Tuesday, as investors responded to disappointing earnings from HSBC and BHP Group while trade negotiations between the U.S. and China continue
(Adds company news items and futures) Feb 19 (Reuters) - Britain's FTSE 100 index is seen opening 8 points higher at 7,228 on Tuesday, according to financial bookmakers, while FTSE 100 futures were down ...
Time is rapidly running out for the British Government to garner a deal. As the UK political parties divide, it’s looking gloomy for the Pound.
The main bourse ended 0.2 percent lower, missing out on a wider optimism surrounding the Chinese-U.S. trade talks that took world stocks to 2-1/2-month highs. FTSE 100's volume was about 60 percent of its 90-day average and the midcaps stood at 76 percent of theirs. Defensive stocks, which are deemed to be a safe bet at times of uncertainty, were among the big fallers.
European markets were mostly down on Monday, after last week’s highs, as investor continue to watch trade negotiations between the U.S. and China unfold
LONDON MARKETS London markets were down on Monday, losing some of the advances made last week, with trading volumes potentially lower due to a U.S. holiday. Investor concerns remain over trade negotiation progress between the U.
European stocks hovered around their highest level in four months on Monday as hopes of progress in U.S.-China trade talks kept sentiment afloat while Wall Street was closed for a bank holiday. French car parts maker Faurecia climbed 1.3 percent after saying it hoped to outperform the market this year and reported margin expansion, though it warned of negative auto production growth in general. Faurecia's gain bucked the trend in the autos sector which fell 0.3 percent, lagging the market after data showed car sales in China fell for a seventh straight month.
European stocks edged higher Monday, although volumes were thin in most markets around the world owing to today's President's Day holiday, as investors continued to key on developments in U.S.-China trade talks. Gains in the region were capped by concern that the White House may opt to impose tariffs on European-made cars now that President Donald Trump has received a report from the Commerce Department that assessed their risk to national security. Broader market sentiment, however, was linked to the progress in last week's trade talks between high-level delegations of both the U.S. and China in Beijing, which are slated to continue this week in Washington, with the aim of reaching a comprehensive pact by the March 2 deadline or, as President Trump has hinted, extend the talks for a further period of time in order to address the myriad issues that still separate the world's two biggest economies.
The pan-European Stoxx 600 edged higher Monday, with sectors and major bourses pointing in opposite directions. Market focus is largely attuned to global trade developments, with officials from the U.S. and China set to resume negotiations this week. The pan-European Stoxx 600 finished up 0.21 percent provisionally, with sectors and major bourses pointing in opposite directions.
European stocks opened slightly lower Tuesday, as investors anxiously waited for details from the latest round of U.S.-China trade talks.