FTSE 100 Live 09 January: M&S and Tesco slide after festive updates, pound in new fall
M&S and Tesco shares have been hit by heavy selling during another bleak session for UK-focused assets. Sterling weakened to its lowest level in over a year and the FTSE 250 index lost more ground after yesterday’s 2% slide.
LIVE
FTSE 100 Live: Pound Sinks Closer to $1.23, UK Stocks Set to Rise
FTSE 100 futures are up 0.2%, pointing to a second day of gains for the index after it avoided the selloff that hit the midcap FTSE 250 yesterday. The latter closed 2% lower, its worst decline since the selloff in August and at the weakest level since May.
FTSE 100 LIVE: Stocks mixed as pound falls to 14-month low after bond sell-off
The pound ( GBPUSD=X) hit a 14-month low against the dollar in early trading in London today. Sterling lost a cent against the US greenback, extending its recent losses and falling below $1.23 to its lowest level since November 2023.
FTSE 100 Live: London stocks volatile as pound slumps to 2023 levels, M&S and Greggs tumble
The Greggs PLC (LSE:GRG) update has seen its shares crumble 10% to the lowest since October 2023. Analyst Darren Shirley at Shore Capital says the year-end statement "is softer than our expectations" as it reflects what the company calls "more subdued" high street footfall.
FTSE 100 Live: UK Stocks Set to Slide, Pound Strengthens
FTSE 100 futures are down 0.5%, about tracking a decline in European futures, following a rally for most markets yesterday. Albeit, a rally that the FTSE 100 didn’t feel the full benefits of. The pound is a touch stronger against the dollar,
FTSE 100 Moderately Higher As Mining Stocks Move Up
The U.K. market is up in positive territory Thursday morning, led by gains in the mining sector, even as stocks from the retail ...
FTSE 100 dips with focus on rate outlook as yields rise
The UK's FTSE 100 slipped on Tuesday as declines in banking stocks offset gains in energy shares, and the market awaited ...
2 no-brainer FTSE 100 value shares to consider buying in 2025
These value shares consistently pop up in UK investor's portfolios. For beginners eyeing long-term growth, they make a ...
European Shares Slide On Tariff Worries; FTSE 100 Rises As Pound Sinks
European shares edged lower on Thursday amid light trading volumes due to a market holiday in the U.S. A cautious undertone ...
FTSE 100 closes higher as Trump tariff report lifts European markets
The UK's FTSE 100 inched up on Monday, joining a broad rally in European stocks after a report hinted at measured tariffs ...
FTSE 100 Live 07 January: Next sales cheer offset by rise in 2025 wage bill, house prices dip
Next has offset more forecast-beating festive sales figures by warning of slower UK growth and price hikes in 2025. A surge ...
FTSE 100 Live 08 January: Index seen lower after US selling, Hornby on track
Hornby, Topps Tiles and ProCook are in the spotlight after posting updates. Chief executive Olly Raeburn said: “Our ...
Banks, defence shares pull UK's FTSE 100 higher
The UK's FTSE 100 advanced on Wednesday, boosted by rebounding bank stocks, with aerospace and defence also aiding gains, ...