London’s main market hits six-month high
The revival of talks to restructure Greece's debt mountain helped push the FTSE 100 Index to a fresh six-month high today.
The revival of talks to restructure Greece's debt mountain helped push the FTSE 100 Index to a fresh six-month high today.
Hopes that Greece will reach an agreement with lenders to avoid a default faded today, causing London's leading shares index to retreat from a six-month high.
London's leading shares index ended four days of gains today after ongoing talks in Greece over the country's debt mountain kept traders on the sidelines.
Reports that Standard & Poor's will strip France of its AAA credit rating drove falls on world markets today.
The FTSE 100 Index closed 25.4 points higher at 5,649.7 today despite the eurozone debt crisis continuing to trouble investors.
The new year rally on the FTSE 100 proved shortlived as ongoing fears over the eurozone debt crisis returned to haunt London's leading shares index today.
The London market closed more than 1% higher today after positive data in the US and a successful bond auction in Italy cheered investors.
A pre-Christmas rally ensured the London market closed on a festive note today as the likes of oil giant BP and Johnnie Walker owner Diageo put in a resilient performance.
A successful Spanish bond auction and strong German economic data eased fears over the eurozone crisis and drove world markets higher today.
Banks dragged London's leading shares index lower today after Chancellor George Osborne said he would push through plans for a radical industry shake-up.
Insurance stocks rose sharply today after a £2billion deal in the financial services sector helped the London market weather the economic gloom.
The London market capped its strongest weekly performance in nearly three years today after a German call for greater fiscal union in the eurozone and a better-than-expected improvement in the US unemployment rate lifted investors' confidence.
The FTSE 100 Index closed 16 points lower at 5,489.3 today after spending much of the session in the black.
Investors shrugged off a gloomy autumn statement from Chancellor George Osborne today as optimism over a solution to the eurozone debt crisis pushed the London market higher.
A gloomy forecast from the Bank of England compounded fears over the future of the eurozone and further knocked the confidence of investors today.
Moves by Italy's premier-designate Mario Monti to form a new cabinet failed to cap the country's soaring borrowing costs and restore confidence to the markets today.
Investors deserted the markets today after a jump in Italy's borrowing costs pushed the country into "bailout territory".
Banks led London's blue chip shares index lower today as investors waited for further details about the eurozone rescue plan.
INVESTORS lost confidence in the prospect of a speedy resolution to the eurozone debt crisis yesterday, causing Britain's leading share index to drop into the red.
A new scheme to inject more dollars into the European financial system helped banking shares lead world markets higher today.
London's leading index ended another volatile week deep in the red again as Britain's biggest banks wobbled ahead of a key report on sector reform.
THE FTSE 100 index continued its rebound yesterday as positive job and manufacturing data from America caused a last-minute push into the black.