Hi All...after observing shares for far, far too long, I can safely say I have seen this reaction to excellent results all before....the SP rises very nicely leading up to the results in great anticipation.....quite correctly in this case - then they read very nicely, thus buyers continue to pile in worried they will now miss a big rise on rise....but then loads of big fat profit takers move in and spoil the party and the prices retreats which in turn leads to more investors deciding to bank… Read More
ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon (see cpurl://apps.cp./cms/?pageId=livemarkets for site in development). In a real-time, multimedia format from 0600 London time through the 1630 closing bell, it will include the best of our market reporting, Stocks Buzz service, Eikon graphics, Reuters pictures, eye-catching research and market zeitgeist. Breaking news and dramatic market moves will continue to be alerted to… Read More
LONDON (Reuters) - Britain's top shares index fell on Tuesday, weighed down by weakness in the mining sector after poor data, with financial stocks also hit by a fall in HSBC (HSBA.L) following results.
The blue-chip FTSE 100 index (.FTSE) was down 56.30 points, or 0.9 percent, at 6,171.04 points. The index is about 13 percent below a record high reached in April 2015.
Concerns about a slowdown in China, the world's second-largest economy and a leading consumer of commodities, have also… Read More
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