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May 18, 2015

Britain’s FTSE edges lower as Hikma, Lloyds fall

LONDON, May 18 (Reuters) – Britain’s top share index pulled
back on Monday as a drop in Hikma shares helped drag the index
away from near record highs, despite support from major mining
companies.

The FTSE 100 index gave up early gains to trade 5.67
points, or 0.1 percent, lower at 6,954.82 by 1351 GMT.

May 18, 2015

FTSE near record high; Hikma’s loss holds index back

LONDON (Reuters) – Britain’s top share index pulled back on Monday after coming within a few points of its record highs, as a drop in Hikma shares offset gains by major oil and mining companies.

The FTSE 100 index gave up early gains to trade just 1.50 points higher at 1103 GMT, flat in percentage terms, at 6,961.99.

May 18, 2015

Britain’s FTSE near record high; Hikma’s loss holds index back

LONDON, May 18 (Reuters) – Britain’s top share index pulled
back on Monday after coming within a few points of its record
highs, as a drop in Hikma shares offset gains by major oil and
mining companies.

The FTSE 100 index gave up early gains to trade just
1.50 points higher at 1103 GMT, flat in percentage terms, at
6,961.99.

May 15, 2015

UK’s Cameron says second Scotland referendum ‘not remotely on the cards’

EDINBURGH, May 15 (Reuters) – British Prime Minister David
Cameron said on Friday a second Scottish independence referendum
was “not remotely on the cards”, but he would consider
nationalist demands for greater powers to be devolved from
London to Scotland.

Cameron was speaking after meeting Scotland’s secessionist
leader Nicola Sturgeon in Edinburgh, the Scottish capital, just
over a week after her Scottish National Party (SNP) won almost
every seat in Scotland in the general election, straining
Britain’s unity nine months after a referendum saved it.

May 15, 2015

Coca-Cola HBC and ITV help FTSE to gain further

LONDON, May 15 (Reuters) – Britain’s top share index climbed
higher on Friday after strong sales numbers from drinks bottler
Coca-Cola HBC and encouraging comments from some top
brokers about broadcaster ITV.

Coca-Cola HBC rose 2.4 percent after saying it was
“encouraged” by trading in its first quarter, with volumes
rising 7.2 percent helped by its performance in Nigeria, Poland,
Romania, Hungary and the Czech Republic.

May 15, 2015

FTSE extends recent rally, boosted by Coca-Cola HBC

EDINBURGH (Reuters) – The FTSE edged higher on Friday, boosted by a rise in Coca-Cola HBC after it reported encouraging results to help the index extend a recent rebound.

Drinks bottler Coca-Cola HBC AG (CCH.L: Quote, Profile, Research) rose 2.9 percent in early deals, the top riser on the FTSE 100 .FTSE, after it said it was “encouraged” by trading in its first quarter.

May 15, 2015

Britain’s FTSE extends recent rally, boosted by Coca-Cola HBC

EDINBURGH, May 15 (Reuters) – Britain’s top share index
edged higher on Friday, boosted by a rise in Coca-Cola HBC after
it reported encouraging results to help the index extend a
recent rebound.

Drinks bottler Coca-Cola HBC AG rose 2.9 percent in
early deals, the top riser on the FTSE 100, after it
said it was “encouraged” by trading in its first quarter.

May 14, 2015

European shares sag on bond market and foreign exchange jitters

LONDON/E DIN BURGH, May 14 (Reuters) – European shares
extended a losing streak on Thursday as bond market jitters and
a rebound in the euro, whose weakness has benefited
European exporters, weighed on stocks.

Record-low interest rates and government bond purchases by
the European Central Bank (ECB) have kept a lid on the euro and
buoyed European stocks. The market turned volatile on signs bond
yields and the currency were rebounding.

May 12, 2015

easyJet leads FTSE lower as global bond rout resumes

EDINBURGH (Reuters) – Britain’s top share index fell sharply on Monday, led lower by a slump in easyJet, with the appetite for equities knocked by a global bond sell-off, ensuring that optimism after a decisive British election result was short-lived.

Britain’s FTSE 100 was down 64.64 points, or 0.9 percent, at 6,965.21, but remained up 1 percent since the start of Friday, when markets rallied after an unexpected Conservative majority in the election.

May 12, 2015

easyJet leads Britain’s FTSE lower as global bond rout resumes

EDINBURGH, May 12 (Reuters) – Britain’s top share index fell
sharply on Monday, led lower by a slump in easyJet, with
the appetite for equities knocked by a global bond sell-off,
ensuring that optimism after a decisive British election result
was short-lived.

Britain’s FTSE 100 was down 64.64 points, or 0.9
percent, at 6,965.21, but remained up 1 percent since the start
of Friday, when markets rallied after an unexpected Conservative
majority in the election.

    • 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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