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Dec 17, 2014

Britain’s FTSE resumes slide, hit by emerging-market exposure

LONDON, Dec 17 (Reuters) – Britain’s top share index dropped
on Wednesday to resume its recent slump after a bounce in the
previous session, led down by stocks exposed to turbulent
emerging markets.

Financials and consumer staples, sectors which have high
global exposure, combined to take more than 20 points off the
FTSE 100. The index was down 46.56 points, or 0.7
percent, at 6,285.27 points at 0850 GMT.

Dec 16, 2014
Dec 16, 2014
Dec 16, 2014

Investors see Greek upheaval ring-fenced from rest of euro zone

LONDON, Dec 16 (Reuters) – Greece’s future in the euro zone
may hang in the balance once more, but investors believe the
market fallout from any current political turbulence can be
insulated, unlike during the region’s sovereign debt crisis of
2012.

Investors are betting that a rout in Greek markets, sparked
by the latest political upheaval in Athens, will not spread,
placing their faith in firewalls built following the euro zone
debt crisis.

Dec 15, 2014

FTSE rebounds as oil shares bounce off lows

LONDON (Reuters) – Britain’s top share index rose on Monday, rebounding after its biggest weekly fall in over three years, as energy stocks bounced from multi-year lows to track the oil price higher.

Oil-related stocks gained after Brent crude LCOc1 rebounded from fresh 5-1/2 lows hit earlier on Monday. They added 21 points to the FTSE 100 .FTSE, accounting for most of the index’s rise.

Dec 15, 2014

Britain’s FTSE rebounds as oil shares bounce off lows

LONDON, Dec 15 (Reuters) – Britain’s top share index rose on
Monday, rebounding after its biggest weekly fall in over three
years, as energy stocks bounced from multi-year lows to track
the oil price higher.

Oil-related stocks gained after Brent crude
rebounded from fresh 5-1/2 lows hit earlier on Monday. They
added 21 points to the FTSE 100, accounting for most of
the index’s rise.

Dec 11, 2014

FTSE regains traction as oil steadies

LONDON (Reuters) – Britain’s top share index edged higher on Thursday, after a three-session losing streak pushed it to its lowest levels in over a month, with major oil firms picking up after a sell-off.

The FTSE 100 was up 18.81 points, or 0.3 percent, at 6,518.86 by 0835 GMT after setting its lowest close since Nov. 4 on Wednesday.

Dec 11, 2014

Britain’s FTSE regains traction as oil steadies

LONDON, Dec 11 (Reuters) – Britain’s top share index edged
higher on Thursday, after a three-session losing streak pushed
it to its lowest levels in over a month, with major oil firms
picking up after a sell-off.

The FTSE 100 was up 18.81 points, or 0.3 percent, at
6,518.86 by 0835 GMT after setting its lowest close since Nov. 4
on Wednesday.

Dec 10, 2014

Help for British house buyers could end up hurting building stocks

LONDON, Dec 10 (Reuters) – Government moves to help most
British home buyers have boosted housebuilding stocks – helping
the likes of Barratt Developments and Taylor Wimpey
extend a multi-month rally.

But those gains could soon come under pressure, warn
brokers, as the impact of part of those government reforms –
such as an increase in taxes on high-end properties — sinks in.

Dec 10, 2014

FTSE rebounds on appetite for Ashtead, travel stocks

LONDON (Reuters) – Britain’s top share index rose to rebound from one month lows on Wednesday, boosted by appetite for travel and leisure stocks and industrial equipment hire company Ashtead after it lifted its earning guidance.

Ashtead (AHT.L: Quote, Profile, Research) rose 6.6 percent, having surged over 10 percent to an all-time high in early deals, after it raised its full-year earnings guidance following a surge in profit.

    • 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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