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Nov 6, 2014

Retailers support FTSE after encouraging updates

EDINBURGH (Reuters) – Britain’s top share index edged lower on Thursday, retracing some strong gains made in the previous session but supported by enthusiasm for retailers after reassuring corporate updates.

WM Morrisons led the FTSE 100 leaderboard, up 5.5 percent, after reassuring investors over its full year outlook despite missing forecasts for quarterly sales.

Nov 6, 2014

Retailers support Britain’s FTSE after encouraging updates

EDINBURGH, Nov 6 (Reuters) – Britain’s top share index edged
lower on Thursday, retracing some strong gains made in the
previous session but supported by enthusiasm for retailers after
reassuring corporate updates.

WM Morrisons led the FTSE 100 leaderboard, up 5.5
percent, after reassuring investors over its full year outlook
despite missing forecasts for quarterly sales.

Nov 5, 2014

Marks & Spencer share rally lifts Britain’s blue-chip FTSE index

EDINBURGH, Nov 5 (Reuters) – Britain’s top share index
advanced on Wednesday, as reassuring corporate reports helped
counteract modest weakness in commodity-related stocks.

Retailer Marks & Spencer led the market higher,
surging 9.1 percent after raising its margin outlook, while
aircraft parts supplier Meggitt gained on its plan to
start a share buyback programme.

Nov 5, 2014

Marks & Spencer share rally boosts blue-chip FTSE index

EDINBURGH, Nov 5 (Reuters) – Britain’s top share index
advanced on Wednesday, as strong rises in stocks of firms
issuing reassuring corporate reports helped counteract modest
weakness in commodity-related stocks.

Retailer Marks & Spencer led the market higher after
raising its margin outlook, while aircraft parts supplier
Meggitt gained on its plan to start a share buyback
programme.

Nov 4, 2014

Decline in oil and gas stocks weigh on FTSE

EDINBURGH (Reuters) – Britain’s top equity index edged into positive territory on Tuesday despite losses in heavily weighted oil and gas stocks after the price of Brent crude oil slid to its lowest level for four years.

Falls in the oil and gas sector took 23 points off the blue-chip FTSE 100 index which was up 0.05 percent at 6,491.26 at 1059 GMT. Corporate reports provided support to the market.

Nov 4, 2014

Decline in oil and gas stocks weigh on Britain’s FTSE 100

EDINBURGH, Nov 4 (Reuters) – Britain’s top equity index
edged into positive territory on Tuesday despite losses in
heavily weighted oil and gas stocks after the price of Brent
crude oil slid to its lowest level for four years.

Falls in the oil and gas sector took 23 points off the
blue-chip FTSE 100 index which was up 0.05 percent at
6,491.26 at 1059 GMT. Corporate reports provided support to the
market.

Nov 3, 2014

Airlines boost FTSE after Ryanair lifts profit outlook

EDINBURGH (Reuters) – The FTSE 100 received strong support from airlines on Monday after Irish peer Ryanair (RYA.I: Quote, Profile, Research) lifted its profit forecast, though gains were limited by weakness in HSBC (HSBA.L: Quote, Profile, Research) and miners.

Airline operators easyJet (EZJ.L: Quote, Profile, Research) and International Airline Group IAG.L, which owns British Airways, rose 3 percent and 1.6 percent respectively after the update from Ryanair.

Nov 3, 2014

Airlines boost Britain’s FTSE after Ryanair lifts profit outlook

EDINBURGH, Nov 3 (Reuters) – Britain’s top share index
received strong support from airlines on Monday after Irish peer
Ryanair lifted its profit forecast, though gains were
limited by weakness in HSBC and miners.

Airline operators easyJet and International Airline
Group, which owns British Airways, rose 3 percent and
1.6 percent respectively after the update from Ryanair.

Oct 31, 2014

Rally on FTSE continues after Japan stimulus boost

EDINBURGH (Reuters) – Top share index surged in early deals on Friday, after appetite for stocks globally was boosted by unexpected monetary stimulus in Japan, with Royal Bank of Scotland and airline IAG leading gainers after encouraging corporate reports.

The FTSE 100 .FTSE was up 0.9 percent to 6,523.38 points by 0848 GMT after the Bank of Japan said it would accelerate purchases of Japanese government bonds as part of a massive stimulus package to boost growth and inflation.

Oct 31, 2014

Rally on Britain’s FTSE continues after Japan stimulus boost

EDINBURGH, Oct 31 (Reuters) – Britain’s top share index
surged in early deals on Friday, after appetite for stocks
globally was boosted by unexpected monetary stimulus in Japan,
with Royal Bank of Scotland and airline IAG leading gainers
after encouraging corporate reports.

The FTSE 100 was up 0.9 percent to 6,523.38 points
by 0848 GMT after the Bank of Japan said it would accelerate
purchases of Japanese government bonds as part of a massive
stimulus package to boost growth and inflation.

    • 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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