Daily Investment Market News from London
Wednesday 22nd of February 2012
January 19, 2011

Banks lower as FTSE loses 1.32%

by Brian Turner
Despite general gains throughout the day, the FTSE 100 was down 1.32% (79.73 points) by the end of trading as the markets saw profit selling and taking after gains over recent months. Banks tended to especially lose out after performing well over recent weeks, with Barclays down 3.32%, Lloyds down 2.36%, RBS down 1.28%, and HSBC down 0.73%. Other losers among the big companies included Imperial Tobacco Group (-5.04%), Taylor Wimpey ...




January 14, 2011

FTSE 100 muted Friday

by Brian Turner
The FTSE 100 was down 0.36% today after a few days of gains in the banking and energy sectors, with the FTSE 250 and FTSE all share down 0.21% and 0.33% respectively. Atlantic Coal and PPA (Pan Pacific Aggregates) were the biggest gainers among the small caps, gaining 13.02% and 19.35%, with some other small energy companies following suit. Recent gains among banks slowed, but Barclays continued up 1.63% to 311 pence ...




January 11, 2011

Banks and energy leads London up

by Brian Turner
London trading saw a return of confidence, not least after Japan and China affirmed their commitment to buying up European bonds to support the region's sovereign rescue fund. Banks gained from increased investor confidence, with Barclays (BARC) leading the rally, up 5.53% on the day, with HSBC (HSBCA) up 2.42%, Lloyds (LLOY) up 1.52%, and RBS (RBS) up 1.92%. Energy stocks also saw gains: BP continued to engage investor confidence, not least ...