The FTSE 100 surged above 6000 last night amid hopes that a coronavirus vaccine and more stimulus measures could power an economic recovery. As global markets rallied, the Footsie rose 4.3 per cent, up 248.82 points, to 6048.59. This marked its highest close this month and its biggest one-day percentage jump since late March. Traders … Read more
MARKET REPORT: Online grocery sales boom will bring long-term gains for Ocado, say analysts, after its shares rise 50% this year By Francesca Washtell For The Daily Mail Published: 22:16 BST, 11 May 2020 | Updated: 08:36 BST, 12 May 2020 The recent boom in online grocery sales will bring long-term gains for Ocado, Berenberg … Read more
MARKET REPORT: Cruise operator Carnival loses more steam after US Congress looks into how it handled coronavirus outbreak on its ships By Francesca Washtell For The Daily Mail Published: 22:10 BST, 4 May 2020 | Updated: 22:10 BST, 4 May 2020 Cruise operator Carnival lost more steam after the US Congress began looking into how … Read more
MARKET REPORT: UK shares join global rally as traders cheer promising results from possible coronavirus treatment from US By Francesca Washtell For The Daily Mail Published: 21:51 BST, 17 April 2020 | Updated: 22:16 BST, 17 April 2020 UK shares joined a global rally as traders cheered promising results from a possible coronavirus treatment from … Read more
MARKET REPORT: Exhibitions and events organiser Informa goes cap in hand to investors to raise as much as £1bn to weather coronavirus pandemic By Francesca Washtell For The Daily Mail Published: 22:29 BST, 16 April 2020 | Updated: 22:32 BST, 16 April 2020 Exhibitions and events organiser Informa has gone cap in hand to investors … Read more
MARKET REPORT: Retail investors dealt another blow as two more FTSE 100-listed dividend payers wield axe on shareholder payouts By Francesca Washtell For The Daily Mail Published: 22:06 BST, 15 April 2020 | Updated: 22:09 BST, 15 April 2020 Retail investors were dealt another blow as two more FTSE 100-listed dividend payers wielded the axe … Read more
After weeks of the pandemic affecting Britons’ daily lives, testing has moved to the front of the political agenda. But pharmaceuticals companies have been hard at work on the problem of testing for weeks – and in some cases, for months. Investors yesterday cheered some of the latest breakthroughs announced by AIM-listed medical minnows that have … Read more
Bus firms’ shares revved higher after the Government offered them a further bailout package. Companies will receive £167m of funding over the next three months on the condition that they keep running up to 50 per cent of their services in England. The rescue comes on top of another promise of Government support, worth £230m, … Read more
MARKET REPORT: Shopping centre-owner Hammerson slumps to all-time low after stricken retailers pay just a third of rents By Francesca Washtell For The Daily Mail Published: 22:10 BST, 30 March 2020 | Updated: 22:10 BST, 30 March 2020 Shopping centre-owner Hammerson slumped by a fifth to an all-time low after stricken retailers paid just a … Read more
Shares in Britain’s biggest supermarkets bucked the trend on another dismal day for the stock market. As the FTSE 100 fell into the red, Sainsbury’s, Ocado and Morrisons were some of the top gainers as shoppers scrambled for supplies after the Government tightened curbs on social contact. Supermarkets have made extraordinary statements to shoppers in … Read more