ShareCast News - Market Report
London open: Markets extend gains as financial stocks rise
Strong gains for financial stocks ensured that the FTSE 100 was firmly in positive territory on Wednesday morning, while growing speculation of a rate cut in Europe lifted sentiment.[24 Apr '13]
London pre-open: FTSE to open unchanged
City sources predict the FTSE 100 will open unchanged from yesterday's close of 6,406, following Tuesday's strong gains.[24 Apr '13]
London close: FTSE 100 jumps two per cent on stimulus hopes
Markets on the whole shrugged off disappointing data from the Chinese manufacturing sector on Tuesday, as decent corporate earnings and stimulus hopes in Europe pushed the FTSE 100 two per cent higher.[23 Apr '13]
FTSE 250 movers: Spectris rises on upgrade
Spectris rose following an upgrade by Citigroup, which raised its rating to 'buy' with a 2,413p price target. The stock fell significantly on Friday.[23 Apr '13]
FTSE 100 movers: ARM rises on strong quarterly rise
Shares in chip designer ARM Holdings leapt after it reported strong quarterly revenue and earnings growth, fuelled by licensing and record royalty revenue and said it expects full year results to be at least in line with current market expectations.[23 Apr '13]
London midday: ARM leads markets higher after strong first quarter
The UK stock market was making decent gains by Tuesday lunchtime as strong performances from ARM Holdings, AB Foods and IAG helped to offset some weakness in the mining sector.[23 Apr '13]
London open: Markets rise despite concerns over China
Decent gains for ARM Holdings, Associated British Foods and Rolls-Royce were providing a boost to London's stock market on Tuesday morning, offsetting relative weakness in the heavyweight mining sector.[23 Apr '13]
London pre-open: FTSE edges higher ahead of Eurozone data
City sources predict the FTSE 100 will open up two points from yesterday's close of 6,281, as investors balance expectations of Eurozone data with figures out from the US yesterday and China last night.[23 Apr '13]
London close: Gains erased as US data disappoints
After a strong start, the FTSE 100 slumped into the red by the close on Monday afternoon as disappointing data and corporate earnings from the US dampened the positive mood.[22 Apr '13]
FTSE 250 movers: Dixons Retail rises on new deal
Dixons Retail, the electrical retailer and services group, saw its shares climb after it announced an agreement to sell Webhallen to Komplett As, a Norwegian based e-commerce company for a cash consideration of approximately SEK140m. The sale of Webhallen, a subsidiary of PIXmania S.A.S, is expected to be completed by the end of May.[22 Apr '13]
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