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16 December 2020, 18:36 UK markets held on to gains throughout Wednesday to end the session higher as investors cling to hopes of a stimulus package being agreed by US lawmakers and that UK and EU negotiators can pull a last-ditch trade agreement out of the fire. The UK’s post-Brexit trade deal transition period ends on 1 January 2021. Meaningful progress on either the stimulus or Brexit fronts could help markets rally in the final run-in to the Christmas holiday, although with gold prices remaining around $1,850, it appears that there are still plenty of investors hedging their bets by put...

16 December 2020 | 08:41am StockMarketWire.com - UK stocks opened higher on Wednesday as US lawmakers moved closer to agreeing on a new stimulus package for the world's biggest economy. Local investors also were holding out hope that the UK and EU could agree on a post-Brexit trade deal before the transition period ends on 1 January. At 0830, the benchmark FTSE 100 index was up 59.9 points, or 0.9%, at 6,573.22. Distribution and services group Bunzl dropped 5.4% to £23.43 on guiding for a fall in revenue in 2021 as sales of Covid-19-related products such as gloves continued to slow. Bunzl's ...

Wednesday, 16 Dec 2020 04:14 PM MYT The blue-chip FTSE 100 index was up 0.4 per cent by 0804 GMT, led by energy, healthcare and mining stocks, with the MSCI world index tracking overnight gains on Wall Street. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. LONDON, Dec 16 — London-listed shares followed global markets higher today as optimism around working coronavirus vaccines raised hopes of an economic recovery, while investors also held out for a Brexit trade deal. The blue-chip FTSE 100 index was up 0.4 per cent by 0804 GMT, led by ene...

Shares in Superdry climbed over 8 per cent this afternoon after the group revealed that its co-founder Julian Dunkerton is to become the company's permanent boss. Mr Dunkerton, who owns a 20 per cent stake in the fashion chain, was first appointed interim chief executive after a thorny boardroom battle last year which saw Euan Sutherland being ousted from the business. Mr Sutherland is now the boss of over 50s insurance group Saga. Undergoing a major boardroom shake-up, Superdry said it is now on the hunt for a new chairman, with Peter Williams leaving next year.  Superdry's co-founder Ju...

16 December 2020 | 16:37pm StockMarketWire.com - Some of the heady optimism over Brexit deal moderated on Wednesday afternoon with the pound retreating slightly from two-year highs against the dollar. By the close the FTSE 100 was up 0.9% at 6,570.91 while the more domestic-focused FTSE 250 was up 1.2% at 20,096.56. In the US the S&P 500 was 0.2% to 3,700.31 by 4.30pm UK time while cryptocurrency Bitcoin hit a new all-time high above $20,000. Distribution and services group Bunzl dropped 4.4% to £23.68 on guiding for a fall in revenue in 2021 as sales of Covid-19-related products such as glo...