FTSE 100 hits record high on Anglo American buyout offer

UK stocks experienced a rise after the close on Monday, with gains in the Life Insurance/Assurance, Chemicals, and Tobacco sectors driving shares higher. By the end of trading in London, the Investing.com United Kingdom 100 had

London’s blue-chip stock surged to a near two-week high on Thursday, bolstered by the Bank of England’s decision to maintain current interest rates. This move, which aligned with market expectations, spurred traders to anticipate the potential

London has reclaimed its position as Europe’s biggest stock market, just two years after losing the title to Paris. This resurgence comes amidst significant turmoil in French markets following the surprise election called by President Emmanuel

Recent analysis by Energy UK, based on data from Oxford Economics, reveals that a swift transition to net zero could provide a significant boost to the UK economy. The report estimates this boost at £240 billion

On Thursday, British equities experienced a lift as investors looked forward to a widely anticipated rate cut by the European Central Bank (ECB), although gains were tempered by companies trading ex-dividend. The FTSE 100, a blue-chip

On Monday morning in London, the FTSE 100 experienced its largest surge in over a month, initially rising around 1.2% as the markets opened before retreating slightly. By 8.30am, the FTSE was trading 0.6% higher, while

The British Pound has consolidated its recent gains against the Euro and Dollar, maintaining strong positions above 1.17 and 1.27 respectively. This performance followed a higher-than-expected UK inflation rate and the announcement of a General Election,

London equities kicked off the week positively, buoyed by a rally in metal miners and defence stocks. Investors are now awaiting comments from the Bank of England for hints on the central bank’s interest rate trajectory.

London stocks gained some ground on Tuesday led by advances in the personal goods sector amid labour market data that showed wages grew stronger-than-expected, though a basket of mixed corporate updates kept investor optimism in check.

The UK’s FTSE 100 cruised to a record high on Tuesday, coming off an extended weekend, boosted by Shell’s jump on its plans to sell some Malaysian assets, while BP slipped after it missed earnings forecast.

Britain’s FTSE 100 hit a record high on Friday, boosted by Anglo-American after Reuters reported Glencore is exploring an approach for the miner, while Diageo advanced after naming a new chief financial officer. The blue-chip FTSE

Britain’s FTSE 100 extended its record rally on Monday, helped by a slew of positive corporate updates including a report that said mining giant BHP Group was considering a better buyout proposal for Anglo American. The

Britain’s FTSE 100 rose to another record high on Friday as strong earnings from U.S. tech giants buoyed investor sentiment, while cybersecurity firm Darktrace rallied following a buyout deal by private equity firm Thoma Bravo. The

The UK’s blue-chip share index cruised to record highs on Tuesday, helped by a weaker pound and positive corporate updates, while investors focussed on earnings from U.S. tech giants this week. The blue-chip FTSE 100 (.FTSE),

The FTSE 100 index, which lost 1.8% by last night’s close in its worst performance for nine months, put back 34.58 points to 7854.94. Commodity stocks drove the improvement, with gold miner Fresnillo the best performer

British equities rose on Friday and were set for weekly gains, led by metal miners, while data showed that the economy grew for a second straight month in February, on course to exit a shallow recession.

The UK’s FTSE 100 inched up on Tuesday, reversing early losses on gains in commodity-linked stocks, while investors braced for crucial U.S. and UK economic data for clues on the interest rate trajectory. The commodity-heavy FTSE