ETX Capital’s market analyst Manoj Ladwa provides a daily briefing and global market report to keep you informed as you trade. To get From the Floor delivered directly to your inbox, please apply for an account.
10th Mar 10: From the Floor Newsletter
UK markets closed lower yesterday, as gains in drug makers and oil producers failed to overcome weakness in the banking and the property sector. Banks, Standard Chartered, Lloyds Banking Group and Royal Bank of Scotland, all down between 0.7% and 2.8%, were a top drag on the FTSE 100 index…
9th Mar 10: From the Floor Newsletter
UK markets inched up yesterday, with the FTSE 100 index extending the biggest weekly jump since July 2009, as banks, retailers and commodity stocks recorded gains. Oil producers, Petrofac, BP and Royal Dutch Shell, added between 0.6% and 4.1%, as oil prices continued their upward trend…
8th Mar 10: From the Floor Newsletter
UK markets closed higher on Friday, with the FTSE 100 index above pre-Lehman levels and closing at an 18 month peak, helped by positive economic data from the US. Miners, Xstrata, BHP Billiton and Vedanta Resources, all up between 3.8% and 5.6%, added the most points to the FTSE 100 index, as base metal…
5th Mar 10: From the Floor Newsletter
UK markets closed mixed yesterday, with the FTSE 100 index ending its winning streak of four consecutive sessions, as gains in banks were offset by losses in miners and oil producers. Banks, Royal Bank of Scotland, Lloyds Banking Group and Barclays, added between 1.0% and 3.8%, extending their recent gains…
4th Mar 10: From the Floor Newsletter
UK markets closed higher yesterday, with the FTSE 100 index reclaiming the important 5,500 mark, as miners, oil producers and banks recorded gains. Miners, Kazakhmys, Antofagasta, and Vedanta Resources, added between 2.2% and 4.8%, as base metal prices rose on the back of positive US economic data…
19th Feb 10: From the Floor Newsletter
Even though the UK witnessed its first January budget deficit on record, UK markets closed higher yesterday, with the FTSE 100 index breaching the 5,300 level and closing at a one month high, as investors snapped up the shares of banks, miners and defence contractors. Barclays, up 2.0%, led the banking sector higher…
18th Feb 10: From the Floor Newsletter
UK markets closed higher yesterday, with the FTSE 100 index rising for the third consecutive session, as banks, miners and retailers recorded gains. Banks, Lloyds Banking Group, Barclays and Standard Chartered, rose between 1.9% and 3.2%, led by strong results posted by their European peers…
17th Feb 10: From the Floor Newsletter
UK markets closed higher yesterday, with the FTSE 100 index registering its biggest gains in six weeks, as banks, miners and oil producers recorded gains. Barclays, up 6.8%, led the banking sector higher, after its full year profit before tax rose to £11.64 billion from £6.08 billion, beating market expectations…
16th Feb 10: From the Floor Newsletter
UK markets closed higher yesterday, led by gains in banks, miners and insurers. Banks, Barclays, Royal Bank of Scotland and Standard Chartered rose between 1.0% and 5.0%, after Citigroup issued bullish note on UK banks, raising the earnings forecasts and target prices. Insurers, Legal & General…
15th Feb 10: From the Floor Newsletter
UK markets closed lower on Friday, with the FTSE 100 index erasing its previous session gains, as banks and commodities recorded losses. Banks, Lloyds Banking Group, Royal Bank of Scotland and HSBC, lost between 1.1% and 3.2%, amid continuing concerns over the lack of clarity over the European Union’s…