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Mar 23, 2015

Britain’s FTSE inches lower after setting new record high

LONDON, March 23 (Reuters) – British shares slipped back on
Monday, taking a breather after sharp gains propelled the FTSE
100 index to record highs.

The FTSE was down 19.34 points, or 0.3 percent, at 7,003.17
by 0843 GMT, after briefly inching higher to mark a new record
at 7,027.33.

Mar 19, 2015

UK’s FTSE touch record highs as central banks stay dovish

LONDON, March 19 (Reuters) – Britain’s benchmark share index
reached record highs on Thursday, with gold miners
outperforming, after the U.S. Federal Reserve and Bank of
England both dampened prospects of interest rate rises in the
near term.

The FTSE 100 index rose as much as 0.5 percent to a
record high of 6,982.79 points, beating the earlier record of
6,974.26 points set on March 2. However, it fell from those
highs to trade just 0.1 percent higher, up 5.33 points at
6,950.53 by 1504 GMT.

Mar 18, 2015

Financial, energy shares lift UK FTSE after budget boost

LONDON, March 18 (Reuters) – Britain’s top share index was
the sole major European index to trade higher on Wednesday as
oil shares and financial companies drew a boost from changes
announced as part of the UK government’s new budget.

Shares in fund supermarket Hargreaves Lansdown and
wealth manager St James’s Place rose 6.2 percent and 3.5
percent respectively after the British government announced
fresh changes to the savings system in its last budget before
the May 7 general election.

Mar 18, 2015

Investors boost French equity holdings as government launches reforms

LONDON/PARIS, March 18 (Reuters) – International investors
are boosting their holdings in French stocks after the Socialist
government launched a long-awaited economic overhaul, even
though they believe much reform work remains to be done.

The French market has been among the most unfancied in
Europe in recent years, but it has outperformed some of its main
euro zone peers since Prime Minister Manuel Valls forced a
reform bill through parliament a month ago.

Mar 18, 2015

FTSE edges higher as StanChart shares jump

LONDON (Reuters) – The FTSE 100 rose on Wednesday as gains for Standard Chartered helped extend this week’s rally, although trade was cautious ahead of a final government budget statement before May’s national election.

Standard Chartered rose 6.1 percent, the top FTSE 100 riser, lifted by positive broker comment. Barclays welcomed the appointment of former JP Morgan investment bank boss Bill Winters, announced last month, lifting its rating on the stock to “overweight” from “equal weight”.

Mar 18, 2015

Britain’s FTSE edges higher as StanChart shares jump

LONDON, March 18 (Reuters) – Britain’s top share index rose
on Wednesday as gains for Standard Chartered helped
extend this week’s rally, although trade was cautious ahead of a
final government budget statement before May’s national
election.

Standard Chartered rose 6.1 percent, the top FTSE 100
riser, lifted by positive broker comment. Barclays
welcomed the appointment of former JP Morgan investment bank
boss Bill Winters, announced last month, lifting its rating on
the stock to “overweight” from “equal weight”.

Mar 17, 2015

Britain’s FTSE edges higher as battered oil stocks rebound

LONDON, March 17 (Reuters) – Britain’s top share index edged
higher on Tuesday to extend a recent rebound from last week’s
lows, led by a recovery in Tullow Oil as investors
bought into beaten-down oil stocks.

Supermarkets and commodity stocks were mixed after updates
from J Sainsbury and miner Antofagasta.

Mar 17, 2015

FTSE steadies as Sainsbury’s update leaves supermarkets mixed

LONDON (Reuters) – Britain’s top share index held steady on Tuesday following a rebound from last week’s lows, with supermarkets and commodity stocks mixed after updates from J Sainsbury (SBRY.L: Quote, Profile, Research) and miner Antofagasta (ANTO.L: Quote, Profile, Research).

The blue-chip FTSE 100 index .FTSE, which had its worst weekly loss in 2015 last week, was flat in percentage terms, up just 1.03 points at 6,805.11 points by 1127 GMT — leaving it 2.5 percent below record highs of 6,974.26 points reached on March 2.

Mar 17, 2015

Britain’s FTSE steadies as Sainsbury’s update leaves supermarkets mixed

LONDON, March 17 (Reuters) – Britain’s top share index held
steady on Tuesday following a rebound from last week’s lows,
with supermarkets and commodity stocks mixed after updates from
J Sainsbury and miner Antofagasta.

The blue-chip FTSE 100 index, which had its worst
weekly loss in 2015 last week, was flat in percentage terms, up
just 1.03 points at 6,805.11 points by 1127 GMT — leaving it
2.5 percent below record highs of 6,974.26 points reached on
March 2.

Mar 16, 2015

FTSE tentatively rallies after biggest weekly drop of 2015

LONDON, March 16 (Reuters) – Britain’s top share index edged
higher on Monday, recovering from its biggest weekly drop of
2015 to head back towards all-time highs hit earlier this month,
buoyed by a rally in financials.

The FTSE 100 was up 0.5 percent, rising 32.50 points
to 6,773.08 by 0913 GMT.

It dropped 2.5 percent last week in its biggest weekly fall
since December, which saw it touch its lowest levels in nearly
two months.

    • About Alistair

      "Alistair Smout is working on the Investment and Emerging Markets for Reuters Europe over the summer. He specialises in Africa and Europe."
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