8 February 2021 | 08:43am
StockMarketWire.com - UK stocks opened higher on Monday following rises on Asian exchanges and in the oil price, as a global Covid vaccine rollout gains momentum and US lawmakers close in on a stimulus deal.
At 0824, the benchmark FTSE 100 index was up 18.61 points, or 0.3%, at 6,507.94.
BP gained 0.9% to 254.25p and Shell was broadly flat at £13.448 after Brent crude prices hit $60 a barrel.
Credit reporting company Experian reversed 1.4% to £26.01, despite stating there was no evidence its systems had been compromised following media reports about data illegally offered for sale in Brazil.
Experian said the data included photographs, social security numbers, vehicle registrations and social media login details, but stressed that its Brazilian unit Serasa did not collect or hold such data.
8 February 2021 | 12:06pm
StockMarketWire.com - The FTSE 100 gathered momentum on Monday as investors looked to progress on a $1.9 trillion US stimulus package, with the index also supported by weakness in sterling. By midday the FTSE 100 was up 1.2% to 6,565.41.
Index heavyweights BP and Royal Dutch Shell gained 2.7% to 254.25p and 1.3% to £12.97 respectively after Brent crude prices hit $60 a barrel for the first time since the onset of the pandemic.
Credit reporting company Experian reversed 0.6% to £26.20, despite stating there was no evidence its systems had been compromised following media reports about data illegally offered for sale in Brazil.
Experian said the data included photographs, social security numbers, vehicle registrations and social media login details, but stressed that its Brazilian unit Serasa did not collect or hold such data.
8 February 2021 | 16:39pm
StockMarketWire.com - The FTSE 100 closed up materially on Monday, rising xx to xxxx.xx but was off its highs amid competing catalysts around oil prices, US stimulus and Covid.
In the US stocks ascended to new record highs with the S&P 500 ahead by 0.3% to 3,897.89 at 4.30pm UK time. Bitcoin also hit a fresh record level after emerged that tech firm Tesla had invested $1.5 billion in the cryptocurrency.
FTSE heavyweights BP and Royal Dutch Shell gained 4.1% to 262.3p and 2% to £13.05 respectively after Brent crude prices reached $60 a barrel for the first time since the onset of the pandemic.
19 January 2021 | 08:43am
StockMarketWire.com - UK stocks opened higher on Tuesday, in line with European and Asian exchanges, as sentiment was buoyed by heightened anticipation of a bumper US stimulus package and Covid-19 vaccine hopes.
At 0826, the benchmark FTSE 100 index was up 39.41 points, or 0.6%, at 6,760.06.
Mining company Rio Tinto added 1.0% to £60.31 after it boosted fourth-quarter production and shipments of iron ore from Australia s Pilbara region.
Fashion retailer Superdry slumped 5.3% to 227.2p, having reported a deeper first-half loss and scrapped its interim dividend, as the pandemic and related store closures disrupted its turnaround attempts.
Credit data provider Experian rose 1.6% to £27.23 after it reported a 10% increase in third-quarter revenue as stronger growth in North America and Latin America helped offset weakness in UK and Ireland.