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International

Devik Jain

Burberry, commodity stocks drag FTSE 100 to over 5-week low; inflation worries linger

4:34am EDT

(Reuters) -London's FTSE 100 fell on Thursday, dragged down by heavyweight commodity stocks and Burberry Group after an underwhelming earnings update, while fears of a spike in inflation as the economy recovers hurt demand for equities.

FTSE 100 closes higher on strong earnings, upbeat GDP data

May 12 2021

(Reuters) -London's FTSE 100 rebounded on Wednesday, supported by positive earnings updates from companies including Diageo, while stronger than expected monthly GDP data bolstered optimism about a sharp recovery from the pandemic-driven slump.

UK shares drop the most in 7 months on inflation woes; THG shines

May 11 2021

British stocks clocked their worst day since late October on Tuesday after a sudden drop in big U.S. tech stocks over inflation concerns, while shares of THG Plc eyed their best day on record on raising more than $1 billion in new equity.

FTSE 100 edges lower as stronger pound offsets gains in miners

May 10 2021

London's FTSE 100 dipped on Monday as weakness in industrial stocks and a stronger pound following the outcome of the Scottish election outweighed gains in miners.

FTSE 100 hits over 1-year high on strong earnings; BoE slows bond-buying

May 06 2021

(Reuters) -London's FTSE 100 hit a more than one-year high on Thursday, boosted by heavyweight consumer staple stocks and positive earnings updates from Next and Melrose Industries, while the Bank of England eased the pace of bond-buying and raised the forecast for economic growth.

FTSE 100 sees best day in two-months on miners boost; Croda shines

May 05 2021

(Reuters) -London's FTSE 100 clocked its best day in over two months on Wednesday, supported by gains in heavyweight mining and banking stocks on recovery optimism, while shares of Croda International jumped after it announced a business review.

UK stocks fall as bank stocks weigh; factory activity jumps

May 04 2021

(Reuters) -British shares were subdued on Tuesday as a drop in bond yields across Europe dragged financials stocks down, while data showed manufacturing activity grew at its fastest pace since 1994 as businesses tried to make up for lost ground during the pandemic.

AstraZeneca lifts FTSE 100 from Barclays slump

Apr 30 2021

London's FTSE 100 index outshone its European rivals on Friday, boosted by earnings updates from AstraZeneca and Smurfit Kappa which help offset a slump in Barclays shares due to a cautious outlook despite profits beating expectations.

UPDATE 1-AstraZeneca, Smurfit Kappa pull FTSE 100 higher; Darktrace soars on debut

Apr 30 2021

* AstraZeneca rises on earnings beat, higher sales expectation

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