5 March 2021 | 08:40am
StockMarketWire.com - UK markets have been rattled following remarks made by US Federal Reserve chairman Jerome Powell yesterday (4 March), after he said that the central bank would be patient with higher inflation, which was likely to be a one-off effect .
At 08.20am, the FTSE 100 was down 1.1% at 6,578.82, while the FTSE 250 was 1% lower at 21,086.19.
UK bourse operator London Stock Exchange has tumbled 3.8% to £91.28 after it reported an increase in annual profit on higher revenue in its information services and post-trade clearing business.
For the year ended 31 December, pre-tax profit increased to £685 million as revenue rose 3% to £2,124 million.
Component manufacturer Essentra has gained 1.3% to 305.2p after it proposed resuming dividend payments, with a full-year 2020 final dividend of 3.3p per share amid recovering performance.
11 January 2021 | 12:07pm
StockMarketWire.com - The FTSE 100 was firmly lower by lunchtime as investors paused for breath after the index enjoyed a heady first week of 2021, rising more than 6%.
By midday the FTSE was down 0.5% at 6,842.11, as concerns build over mounting Covid-19 infections and the possibility of even tighter restrictions.
Profits were also being taken in Bitcoin after an even more impressive start to the New Year. US futures pointed to modest losses on Wall Street too.
Shoe and sports apparel retailer JD Sports Fashion climbed 4.4% to 888.4p as it upgraded its profit outlook amid robust second-half demand, including during the key months of November and December.