England may be famous as the home of football, but when there’s a big match on, English stockmarket traders appear to get far less distracted than financial professionals in other countries.
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UK traders less distracted than German counterparts during World Cup
As Greece prepared to swallow the bitter pill prescribed by the troika to secure its bail-out, investors regained their appetite for risk and sent markets to a six-month high.
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Appetite for risk as Greece prepares to accept bitter pill
Weaker miners led the FTSE 100 slightly into the red on Friday morning, amid continued uncertainty over Greece’s austerity plans and weak trade data from China
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FTSE 100: Miners lead markets lower amid Greek uncertainty
An update on plans in Panama sent Cable & Wireless Communications shares tumbling yesterday after the company said its business in the country had been hit by tough competition.
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Cable & Wireless Communications feels strain from rivals in Panama
As an Arctic chill gripped the country, British Gas-owner Centrica warmed up nicely amid suggestions that it could pay a £1.2bn special dividend.
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Talk of a £1.2bn payout warms up Centrica
A surge in hiring in the US economy drove the Nasdaq index to an 11-year high on Friday, as optimism grew that the jobs market is on a steady path to recovery.
Oil explorers and producers helped to haul the large-caps back into positive territory as investors were heartened by robust results from a clutch of blue-chip players.
While the market bubbled up, pub companies experienced varying fortunes as City scribblers cautioned that after the Christmas party, a headache could hit the sector.
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Warning of post-Christmas hangover for pubs
Traders headed for the exit of InterContinental Hotels after UBS turned bearish on the business, whose chains include Holiday Inn and Crowne Plaza.
Since the New Year, Mr Market’s mood has picked up dramatically and the price he is quoting us today is not far off last year’s peak.
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Glass half-full again as investors take cheer from ‘January Effect’
