UK’s FTSE 100 edges higher

For the first time in over three years, investors who are optimistic about UK equities now outnumber those who are more pessimistic. This shift is a significant development, reflecting a more favourable outlook for British stocks.

London’s FTSE 100 bounced back on Monday after six consecutive days of declines. Gains were primarily driven by the travel and leisure sectors, following a positive outlook from gambling group Entain. Meanwhile, investors were looking ahead

The FTSE 100 has reached a three-month high, surpassing its previous peak of 8,404 from August. The next target is the May high at 8,479. Minor support is observed around the mid-August high of 8,374, with

UK inflation reached the Bank of England’s 2% target for the first time in nearly three years, offering some relief to markets. The Office for National Statistics (ONS) reported that the Consumer Prices Index (CPI) fell

UK stocks enjoyed a positive session on Monday, with gains in the Mining, Industrial Metals & Mining, and Household Goods & Home Construction sectors driving the market higher. At the close of trading in London, the

On Friday, the UK’s FTSE 100 experienced a slight dip, declining by 0.2% by 0716 GMT. This drop followed five consecutive days of gains, setting the stage for a solid weekly performance. Despite the minor setback,

London stocks experienced a modest rise on Monday, following a turbulent week marked by declines. The blue-chip FTSE 100 index increased by 0.7%, while the mid-cap FTSE 250 index saw a 0.3% uptick by 0711 GMT.

Britain’s economy experienced stronger growth in 2022 than initially estimated, according to revised data from the Office for National Statistics (ONS). This revised data attributes the improvement to the oil and gas sector, which benefitted from

Britain’s domestically-focused stocks have reached a two-year high as traders bet on the Bank of England cutting interest rates for the first time in four years. The midcap FTSE 250 index climbed by 0.6% to 21,486.01,

In the second quarter of 2024, UK dividends reached a new record, according to Computershare’s latest dividend monitor. Total payouts, bolstered by special dividends, increased by 11.2% year-on-year, hitting an all-time quarterly high of £36.7bn. The

Investors are increasingly viewing UK markets as a potential haven amidst rising political uncertainty in the U.S. and other parts of Europe. This shift could mark a significant turnaround for a country that seemed to have

London stocks experienced a rise on Wednesday, largely due to gains from precious metal miners. Meanwhile, hawkish comments from the Bank of England’s Chief Economist, Huw Pill, reduced expectations of an interest rate cut in August.

Last week’s Labour victory in the UK election has brought a wave of optimism to the UK stock market and has bolstered the value of the pound. This outcome has instilled a sense of political stability,

The FTSE 100 is up 0.4% after a four-session dip, signalling renewed market optimism. The FTSE 250 also saw a rise, up 0.6% by 0730 GMT, while the pan-European STOXX 600 mirrored this momentum, rising by

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