FTSE 100 edges lower on Asian virus fears
Companies
Follow John on:
Putting the down into lockdown; the Footsie has drifted lower after a steady start PM Boris Johnson is urging a heavy dose of caution as pubgoers returned to indoor drinking from midnight
FTSE 100 slides 18 points
Aerospace stocks out of favour
Ryanair defies the trend after its full-year results
After a steady start, London’s index of leading shares has dipped as investors take note of the rising rate of COVID-19 infections in Asia.
The FTSE 100 was down 18 points (0.3%) at 7,026, with aerospace-related stocks back on the naughty step, especially aeroplane engine maker Rolls-Royce Holdings PLC (LON:RR.), which is down 2.6% at 104.82p, and British Airways owner International Consolidated Airlines SA (LON:IAG), which is down 1.6% at 193.76p.
Follow John on:
FTSE 100 ralllies, led by BT; US markets open lower
Shortly after the opening bell in New York, the Dow was down 0.04% while the S&P 500 dropped 0.28% and the Nasdaq fell 0.76%
FTSE 100 slides 3 points
BT leads rally after CEO buys huge chunk of shares
US indices drop at opening bell
10.10am: Proactive North America headlines:
Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF) (FRA:M8R) makes new silver discovery at Ely Central area on its Virginia project in Argentina
New Pacific Metals Corp (CVE:NUAG) (OTCMKTS:NUPMF) to trade on the NYSE American exchange starting May 20
FSD Pharma Inc (NASDAQ:HUGE) (CSE:HUGE) (FRA:0K9) says concerned shareholder group-backed nominees elected to board at annual meeting
The London stock market somewhat mirrored London’s weather today; a pleasant start, followed by heavy showers and then a traditional British tepid finish.
Proactive news headlines including Matador Mining, FYI Resources, Antipa Minerals, archTIS and Cobalt Blue benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
FTSE 100 falls 2% as inflation fears unnerve investors but 3i edges higher
The UK blue chip index stabilises but still shows heavy fall as inflation fears grip global markets
FTSE 100 slumps 144 points
Commodity companies under pressure
11.31am: 3i upbeat despite pandemic
Leading shares may still be under the cosh, but at least things have stabilised a little.
The FTSE 100 is down 143.97 points or 2.06% at 6860.66.
And there are a handful of (marginal) risers apart from Intertek.
It has edged up 0.5% to 1204p after reporting a £1.726bn or 22% return on total shareholder funds.
Chief executive Simon Borrows said: 3i delivered a strong result in 2021 during a period of unprecedented uncertainty and disruption caused by the COVID-19 pandemic. This outcome was supported by the resilient performance of our Private Equity and Infrastructure portfolios, our strong balance sheet and the capabilities of our experienced team.