Search Results for: FTSE
FTSE 100 index plunges into ‘bear market’ territory as oil price rout wipes another £52bn off top-flight share values
January 21st, 2016
Footsie plunged 203 points or 3.5% to close at 5,673 That means £52bn has been wiped off blue-chip share values today Now more than 20% below April 2015’s 7,103 high – firmly a bear market Panic over oil price after ...
Herbert Smith Freehills named most trusted legal adviser to FTSE 100 companies
January 14th, 2016
Research published by The Lawyer has revealed that Herbert Smith Freehills is now the UK law firm with the most FTSE 100 client relationships – 39 FTSE 100 companies in total. The firm is also the most popular ...
European markets: FTSE and European stocks shrug off worries over China slowdown
January 11th, 2016
European equity markets kicked off the week on an upbeat note, as investors shrugged off yet another dismal session in Asia, which saw stocks plunge to their lowest level in more than four years. Early on in the European ...
Dow Jones suffers worst start to the year since 2008 – as more than £38bn is wiped off FTSE 100 thanks to China volatility and Middle Eastern uncertainty
January 5th, 2016
Fears over China sent US stocks tumbling yesterday, with the Dow Jones Industrial Average down 467 points at its low for the day – headed for its worst first-day percentage drop since 1932. The index fell by 1.58 per cent to 17,149. ...
FTSE 100 to crack 6,400 on back of Draghi factor
October 23rd, 2015
Yesterday’s hints of further QE in the EU should drive the FTSE 100 higher this morning London is expected to continue to draw comfort from comments yesterday by European Central Bank (ECB) governor Mario Draghi. The decision by the ...
FTSE 100 on track for third straight day of losses
October 14th, 2015
Stocks in the U.K. dropped Wednesday, driven lower alongside Asian and other European markets after the release of yet more disappointing Chinese data underscored concerns about economic growth in that country. The FTSE 100 UKX, -0.75% fell 0.7% to 6,297.19. The index ...
Saudi rises on FTSE review; Egypt up after govt reshuffle
September 14th, 2015
Saudi Arabia‘s stock market rose in early trade on Sunday after index compiler FTSE added the country to its watchlist for potential upgrade and Egypt edged up after the Cairo government resigned. Saudi Arabia’s main stock index rose 1.1 ...
FTSE 100 at lowest since 2013 as markets panic over China’s downfall on ‘Black Monday’
August 24th, 2015
The FTSE 100 fell below the 6,000 mark for the first time since 2013 as global stock markets have responded to the free fall of shares in Asia on what has been dubbed ‘Black Monday’. After the Shanghai Composite, ...
EY secured a FTSE 100 company account from rival KPMG
July 13th, 2015
EY is to tuck into another lucrative slice of the FTSE 100 audit market after securing the Associated British Foods (ABF) account from rival KPMG, which has audited the company for over 70 years. The £9.1m account, of which ...
FTSE 100 companies to cough up £24bn in legal liabilities
June 3rd, 2015
Companies forced to delay dividends and sell off assets to pay legal costs FTSE 100 companies have warned their shareholders they face total legal liabilities of £24bn, according to Thomson Reuters. Raichel Hopkinson, head of the practical law dispute ...
