Financials and materials give FTSE a boost
LONDON (Reuters) – The FTSE 100 gained in morning trade, with financials and basic materials stocks benefiting from positive company reports, raising hopes that economic activity may be rebounding.
By 0920, the FTSE 100 index was up 31.68 points, or 0.5 percent, at 6,314.44, adding to gains made yesterday on the back of good results and an improving economic outlook in Europe.
Financials and materials give Britain’s FTSE a boost
LONDON, Feb 6 (Reuters) – British blue chips gained in
morning trade, with financials and basic materials stocks
benefiting from positive company reports, raising hopes that
economic activity may be rebounding.
By 0920, the FTSE 100 index was up 31.68 points, or
0.5 percent, at 6,314.44, adding to gains made yesterday on the
back of good results and an improving economic outlook in
Europe.
FTSE rebounds, fuelled by upbeat earnings
LONDON (Reuters) – The FTSE 100 rebounded on Tuesday from a steep fall in the previous session, as investors switched their focus from euro zone worries to a generally solid set of company updates.
At 11.37 a.m. British Time, the FTSE 100 was up 0.7 percent at 6,287.69, a day after suffering its biggest one-day fall in three months as political uncertainties in Europe and a string of analyst downgrades sparked profit taking from 4-1/2-year highs.
Britain’s FTSE rebounds, fuelled by upbeat earnings
LONDON, Feb 5 (Reuters) – Britain’s top share index
rebounded on Tuesday from a steep fall in the previous session,
as investors switched their focus from euro zone worries to a
generally solid set of company updates.
At 1137 GMT, the FTSE 100 was up 0.7 percent at 6,287.69, a
day after suffering its biggest one-day fall in three months as
political uncertainties in Europe and a string of analyst
downgrades sparked profit taking from 4-1/2-year highs.
Britain’s FTSE starts Feb with biggest daily gain in a month
LONDON (Reuters) – Britain’s blue-chip index rebounded on Friday from sharp falls in the previous session, with good earnings and an optimistic global economic outlook pushing the market back towards four-and-a-half year highs.
The FTSE 100 .FTSE rebounded after two days of falls which nevertheless failed to significantly dent the index’s best January since the 1980s.
Data, BT results lead to rebound on FTSE
LONDON (Reuters) – The FTSE 100 rebounded on Friday from sharp falls in the previous session, with good earnings and an optimistic global economic outlook pushing the market back near four and a half year highs.
At 1153 GMT, the blue-chip FTSE 100 index was up 0.4 percent, or 25.60 points, at 6,302.48 points — pushing it back to near its best level since around mid-2008.
Data, BT results lead to rebound on Britain’s FTSE
LONDON, Feb 1 (Reuters) – Britain’s blue-chip index
rebounded on Friday from sharp falls in the previous session,
with good earnings and an optimistic global economic outlook
pushing the market back near four and a half year highs.
At 1153 GMT, the blue-chip FTSE 100 index was up 0.4
percent, or 25.60 points, at 6,302.48 points — pushing it back
to near its best level since around mid-2008.
Earnings signs stall FTSE at four and a half year highs
LONDON (Reuters) – The FTSE 100 stalled around 4-1/2 year highs in early trade on Wednesday, with negative earnings guidance issued by several companies weighing on an already technically ‘overbought’ index.
An almost 5 percent dive for Imperial Tobacco alone knocked 4 points off the FTSE 100 and taking it briefly into negative territory, after the firm said that it expects first-half operating profit to fall due to increased competition from the black market.
Earnings signs stall Britain’s FTSE at 4-1/2 year highs
LONDON, Jan 30 (Reuters) – Britain’s blue-chip index stalled
around 4-1/2 year highs in early trade on Wednesday, with
negative earnings guidance issued by several companies weighing
on an already technically ‘overbought’ index.
An almost 5 percent dive for Imperial Tobacco alone
knocked 4 points off the FTSE 100 and taking it briefly
into negative territory, after the firm said that it expects
first-half operating profit to fall due to increased competition
from the black market.
FTSE edges up as investors await GDP figures
LONDON (Reuters) – FTSE 100 blue-chips gained in early trade on Friday, as individual company newsflow outweighed investor caution ahead of UK GDP figures and helped the market push on to new multi-year highs.
IAG topped the FTSE 100 leaderboard, up 3 percent and hitting its highest level in 18 months in strong volume, benefiting from a continued readacross from easyJet’s results on Thursday and after JP Morgan upgraded the stock to “overweight”, traders said.
