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Home Tag Archives: FTSE

Tag Archives: FTSE

FTSE steadies near recent lows, HSBC leads banks

By subhadip
August 3, 2016
in :  News
Comments Off on FTSE steadies near recent lows, HSBC leads banks

Britain’s top share index steadied near a recent two-week low on Wednesday, with weaker commodities and property-related stocks offsetting an HSBC-led rally in banking stocks. The blue-chip FTSE 100 index was down 0.02 percent in morning trading after hitting its lowest since mid-July in the previous session. The index’s 16-percent rally since a post-Brexit slump is losing steam, with the …

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Energy shares drag FTSE lower after Doha deal disintegrates

By subhadip
April 18, 2016
in :  News
Comments Off on Energy shares drag FTSE lower after Doha deal disintegrates

Britain’s top share index came under pressure on Monday after major oil producers failed to reach an agreement to freeze output over the weekend, sending shares in energy stocks lower. Oil & gas companies were the top sectoral fallers after a deal to freeze oil output by OPEC and non-OPEC producers broke down on Sunday, sending oil prices tumbling. OPEC’s …

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FTSE rises, gets post-Yellen boost from miners

By subhadip
March 30, 2016
in :  News
Comments Off on FTSE rises, gets post-Yellen boost from miners

Britain’s top share index rose on Wednesday, boosted by its heavily weighted mining sector after Federal Reserve Chair Janet Yellen urged caution in raising rates, lifting riskier assets. Miners .FTNMX1770 were up 5.5 percent, rising off a 1 month low hit in the previous session. The sector had fallen 15.8 percent since hitting 4-1/2 month highs earlier in March, pressured …

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