Strong gains in the retail sector and a solid performance from mining and oil stocks helped the FTSE 100 set a new record high on Wednesday, amid hopes for further stimulus in China and no surprises from a policy meeting in Europe. London's benchmark Footsie rose 21.51 points (+0.3%) to a new all-ti
Read moreSainbury's was top of the leaderboard due to a technical move higher, according to City traders, in what was described as a "very squeezy" market where all top risers in Europe all have big short bases. The grocer's shares started the day's move higher after breaking a key technical level in early t
Read moreUK stocks were at a new record on Wednesday with investors looking on the bright side of weak economic from China, with hopes for further stimulus from Beijing pushing miners higher. Chinese economic growth slowed to a six-year low, while growth in fixed-asset investment, industrial production and r
Read moreUK high street retailer Next raced up the FTSE 100 index on Wednesday after JPMorgan lifted its rating on the company to 'overweight' from 'neutral'. While JPMorgan favours Marks & Spencer stock on three-to-six month view for its ongoing turnaround potential, the US investment bank sees scope for Ne
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