News Tag: FTSE 100
January 11, 2010
London’s FTSE 100 reached a 16-month high today boosted by strong Chinese export and import figures.
The index gained 61.61 points to 5,595.85 just after 9:00am British time today - a level last seen in September 2008.
The FTSE hit a low point in March 2009 of 3512 but appears to be making a strong recovery amid positive economic data.
In the meantime, ...
London’s FTSE surges to 16-month high
by Kay Murchie
January 3, 2010
Despite the doom and gloom in 2009, London’s FTSE added 22% over the course of the year - the biggest annual gain since 1997.
Similar gains were seen in Europe with Germany's Dax gaining 23% and France's Cac added 22%.
The FTSE 100 hit a low point in March 2009 of 3512 but ended 2009 at 5412.88.
Companies experiencing strong gains included luxury ...
FTSE 100 adds 22% in 2009
by Kay Murchie
December 30, 2009
The FTSE 100 index closed at 5437.61 points yesterday - a level not seen since prior to the collapse of Lehman Brothers in September 2008.
However, in March this year, the index hit a 6-year low of 3,461 and despite the recent rally, it is still a long way off the 6,700 mark it reached prior to the dot-com crash ...
Blue-chip firms in record rights issues in 2009
by Kay Murchie
November 16, 2009
London’s FTSE 100 rose to its highest level this year after the price of gold hit a fresh record high today of $1,132.95 an ounce.
Increasing demand from emerging markets has been pushing up the price of the precious metal over recent weeks.
Furthermore, gold traditionally rises during the October to December period as the run-up to Christmas and ...
Soaring gold prices sends FTSE to 2009 high
by Kay Murchie
November 3, 2009
The UK's FTSE 100 share index fell below the 5,000 mark today due to the overhaul of the UK’s banking sector.
At 11:42 am, London’s FTSE 100 index was 111.56 points lower at 4,992.94, dipping below the 5,000 level for the first time since early October.
Earlier today, the Treasury confirmed plans for Royal Bank of Scotland (RBS) and Lloyds Banking Group ...
FTSE 100 falls below 5,000 mark
by Kay Murchie
October 26, 2009
FTSE 100 chief executives have still received sharp increases in their salaries despite the recession, according to pay analysts, Incomes Data Services (IDS).
Over the last 12 months, the top bosses at the top 100 companies saw average salary rises of 7.4% - many times the rate of inflation.
However, IDS said bonuses have fallen among the chief executives with average bonus ...
FTSE 100 bosses see fall in bonuses
by Kay Murchie
October 12, 2009
The FTSE 100 Index rose to 5231.16 today - a new record for the year to date.
London’s FTSE responded to strong gains seen on the Dow Jones Industrial Average last Friday, which hit a 12-month high.
Since its low point in March this year, the FTSE 100 Index has risen around 50% with companies such as Marks & Spencer and Barclays seeing gains ...
FTSE 100 reaches 2009 high
by Kay Murchie
September 10, 2009
The Bank of England’s Monetary Policy Committee is expected to keep interest rates at the historically low level of 0.5% today.
The decision, due at 12pm today, will be the sixth consecutive month that rates have remained at this level.
Prior to that, the Bank embarked on aggressive rate cuts in order to boost the struggling economy and drag the country out ...
Interest rates expected to remain on hold
by Kay Murchie
September 9, 2009
London’s FTSE 100 index closed up 57 points today at 5004.30 - the highest level since 3rd October 2008.
Shares across Europe have also performed well, with France's Cac 40 index gaining 1.3% and Germany's Dax index rising 1.7%.
In the US, the Dow Jones industrial average was up 63.94 points at 9,561.28 in late-morning trading.
Stocks have also received a boost due ...
FTSE 100 closes above 5,000 mark
by Kay Murchie
August 26, 2009
Barclays Wealth has relaunched its Regular Income Bond with an increased term of six years.
The bond, which is linked to the FTSE 100, was previously offered on a five-year term.
Returns on the bond are fixed at 7% annually, or 0.57% per month, irrespective of index performance.
A capital guarantee is also included, provided the FTSE 100 index does not fall to lower ...
Barclays Wealth extends Regular Income Bond
by David Masters
August 24, 2009
Positive economic news and hopes of a global recovery boosted the FTSE 100 again today after the index soared to a ten-month high and smashed through the 4,900 mark.
The gains followed those seen in Asia earlier today, which were spurred on by Federal Reserve chairman Ben Bernanke’s comments last Friday.
Mr Bernanke’s comments came at a speech in the annual central bankers’ ...
FTSE 100 soars to 10-month high
by Kay Murchie
August 3, 2009
Sterling and the FTSE 100 index of leading shares both rose today on the back of growing hopes for an economic recovery.
The FTSE jumped by 76.85 points to 4,685.21 - the highest level since October with Barclays and HSBC leading the banking sector after reporting first half profits earlier today.
Meanwhile, sterling climbed to $1.6879 against the dollar and also hit ...
Recovery hopes lift sterling and FTSE 100
by Kay Murchie
June 17, 2009
Nationwide this week launched a new savings account for customers looking for both short-term and long-term returns.
The Guaranteed Combination Plan combines a one-year 4% fixed-rate bond with a six-year equity bond linked to the stock market.
The equity bond, provided by Legal & General, tracks the FTSE 100 Index, the DJ EuroSTOXX 50 Index, and the S&P 500 Index, with a guarantee ...
Nationwide guarantees returns on combination savings
by David Masters
March 10, 2009
Alliance & Leicester has launched two new guaranteed investment products.
Both the Guaranteed Growth Plan (Issue 20) and the Guaranteed Capital Plus (Issue 7) come with a capital guarantee and a minimum return if held for the full term.
The products are available until 18 March 2009, and have a minimum investment of £1,500.
The Guaranteed Growth Plan is available either for a ...
Alliance & Leicester offers guaranteed investment products
by David Masters
January 21, 2009
The FTSE 100 Index is in danger of falling below the 4,000 mark as banking shares continue to fall as a wave of bad news continues to hit the UK economy.
Shares in Barclays took another pounding today. At one point, the stock was down 33% to 48p - the lowest level since 1985. However, the stock recovered and closed ...
UK banking shares continue to take a battering
by Kay Murchie
May 8, 2008
Europe’s markets were mixed Thursday, with the FTSE Eurofirst 300 down 0.2 percent to 1,359.37 as the Dax fell 0.06 percent to 7,071.9 and the CAC-40 dropped 0.39 percent to 5,055.58.
Madrid’s IBEX, however, added 0.34 percent to 14,074.
London’s markets were higher as the FTSE 100 added 0.16 percent to 6,270.8 and the FTSE 250 gained 0.97 percent to 10,549.8.
Tokyo’s equities markets were also ...
European markets end mixed
by Elaine Frei
May 6, 2008
Equities markets were lower in Europe on Monday after disappointing results from the banking and insurance sectors.
The FTSE Eurofirst 300 was down 0.46 percent to 1,351.76 while the CAC-40 fell 0.44 percent to 5,040.92, the IBEX was 0.48 percent lower to 14,005.8 and the Dax dropped 0.5 percent to 7,017.1.
London’s markets were mixed, with the FTSE 100 losing a bare 0.3 point to ...
Equities decline in Europe
by Elaine Frei
May 1, 2008
London markets saw the slowest trading day so far this year on Thursday as the rest of Europe took the day off to celebrate May Day.
The FTSE 100 ended the session unmoved at 6,087.3 while the FTSE 250 was 0.49 percent lower to 10,073.
Most markets in the Asia-Pacific region were also closed for holidays, but markets in Tokyo and Australia remained ...
Slow London markets mixed on session
by Elaine Frei