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April 20, 2021
20 April 2021 | 12:13pm StockMarketWire.com - The FTSE 100 slumped heavily by lunchtime on Tuesday as tobacco stocks fell on US regulatory threats and as the pound continued to rise on UK recovery hopes. By midday the index was down 1.1% to 6,921.16. Sugar-to-clothes retailer Associated British Foods fell 3.5% to £23.74 having resumed its dividend payment, though at a lower rate, after lockdowns hurt budget fashion chain Primark. The companys adjusted pre-tax profit for the 24 weeks to 27 Febr...
April 20, 2021
20 April 2021 | 16:37pm StockMarketWire.com - The FTSE 100 was down 2% to 6,859.87 by the close on Tuesday as stronger sterling and resurgent concerns about the course of the Covid-19 pandemic globally put a dampener on investor sentiment. Tobacco stocks remained weak amid reports of US regulatory pressure. On Wall Street the S&P 500 was down 0.9% at 4,128.07 by 4.30pm UK time. Sugar-to-clothes retailer Associated British Foods fell 5.7% to £23.21 having resumed its dividend payment, though a...
February 18, 2021
MoneySuperMarket profits down in wake of pandemic
February 18, 2021
FTSE drops more than 1% after weak US data
February 18, 2021
18 February 2021 | 08:22am StockMarketWire.com - The FTSE 100 opened almost 38 points down at 6,710.90 this morning, continuing its slump from yesterday on the back of higher-than-expected inflation figures. Medical technology company Smith & Nephew fell 6.1% to £14.72 as it reported a 42% fall in trading profits as consequences of the pandemic lead to a decreased revenue across the group as well as lower gross margins. Hays rose 1.2% to 159.9p despite reporting a sharp fall in first-half pro...
February 18, 2021
18 February 2021 | 12:04pm StockMarketWire.com - The FTSE 100 saw losses deepen by lunchtime on Thursday as the positive sentiment from earlier in the week waned and sterling continued to make gains against the dollar and the euro. By midday the index was down 0.8% to 6,654.57 with US futures markets indicating a modest slump when trading resumes later on. Medical technology company Smith & Nephew fell 5.1% to £14.87 as it reported a 42% fall in trading profits as consequences of the pandemic...