LONDON MARKET MIDDAY: Pound weakness props up FTSE 100 as oil fades
(Alliance News) -Ā The FTSE 100 remained in the green on Tuesday at midday on account of a weaker pound, but gains ebbed as oil prices retreated from morning highs.
Read moreTue, 21st Apr 2020 09:19
(Alliance News) -Ā The FTSE 100 remained in the green on Tuesday at midday on account of a weaker pound, but gains ebbed as oil prices retreated from morning highs.
Read more(Alliance News) - Joules Group PLC on Tuesday insisted it continues in "positive" discussions with Next PLC over a possible investment, despite Sky News over the weekend reporting that talks had stalled.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.
Read more(Alliance News) -Ā Stocks in London reopened from a long weekend in a buoyant mood, dodging start-of-week losses as higher oil prices supported the FTSE 100's heavyweight energy majors.
Read more(Alliance News) -Ā Stock trading in London is set for a tepid start as UK market participants return from holiday on Tuesday, catching up with Monday's losses in Europe, as investors continue to mull over hawkish remarks from the head of the US central bank.
Read more(Sharecast News) - Joules said on Tuesday that it remains in "positive" discussions with Next about adopting its Total Platform services to support its long-term growth plans and a potential equity investment.
Read more(Sharecast News) - Liberum downgraded its recommendation for retail and homeware retailer Joules on the back of a deteriorating outlook for consumer spend.
Read more(Alliance News) - London's FTSE 100 outperformed peers but was unable to stave off selling pressure in a tough session for European stocks on Friday, despite sitting just above positive territory for much of the late-morning's trade.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
Read more(Alliance News) - Shares in Joules Group PLC tumbled on Friday after warning its annual results will be worse than expected as recent hot weather in the UK hit sales of winter clothes.
Read more(Alliance News) - European equities edged lower in early dealings on Friday, with traders wary of the possibility of another chunky 75 basis point rate hike from the US Federal Reserve next month, after a series of hawkish comments from the central bank's policymakers.
Read more(Alliance News) - UK retail sales improved in July, data showed on Friday, managing to defy expectations for a decline.
Read more(Sharecast News) - Joules warned on Friday that it expects to deliver a pre-tax loss for the full year and said it was in talks with its bank about a waiver of its covenants, sending shares in the fashion retailer tumbling more than 30%.
Read more(Alliance News) - Stock prices in London are seen opening slightly lower on Friday, at the end of largely positive week, as traders digest hawkish comments from US Federal Reserve members on Thursday which gave the dollar a boost.
Read moreJoules Group PLC - Leicestershire, England-based country lifestyle retailer - Appoints Jonathon Brown as its new chief executive officer, effective from September 30. It comes after Nick Jones said in May that he would be stepping down after Joules reported a disappointing trading performance, which caused shares to sink 25% in one day alone.
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