Tag Archives: FTSE100
UK Economy: Glimpses of Optimism Piercing the Murky Outlook
The FTSE 100 saw a growth of 0.3%, climaxing at a new ten-month record of 7,772 on Wednesday, which makes it the third winning session. Encouraging economic indicators stimulated the market, generating hope that the UK is bouncing back from its economic downturn. In January 2024, the UK economy showed a moderate increase of 0.2% […]
Steepest FTSE Decline Due to Bleak UK Retail Sales
Bleak Retail Sales Figures Drive Sharpest FTSE Decline in Three Months In the final month of 2023, the United Kingdom witnessed a significant downturn in retail sales, with a staggering 3.2% drop compared to November. This unexpected decline, far exceeding the anticipated 0.5% decrease, marked the most substantial monthly fall since the beginning of the […]
UK Stocks Regain Ground as NEXT Reaches All-Time High
UK Stocks Rebound as NEXT Plc Achieves All-Time High On January 4th, the FTSE 100 made a strong comeback, rebounding by 0.5% to surpass 7720 after facing two consecutive sessions of losses. (FTSE100,1-Year Chart) Notably, energy shares, including BP, increased by 0.5% after terminating their agreement with Equinor for supplying power to New York state […]