UK Economic growth slows UK Economic growth slows as latest data suggests UK economic growth appears to remain sluggish. With the backdrop of a weaker pound and improving global growth its somewhat surprising exporters aren’t doing better than this data suggests. The service sector also appears to have slowed. Consumer …
Glencore Electric Thinking! Glencore PLC (GLEN) – reported half-year earnings climbing 68% today (see report here) and their comments about their future and the future of electric vehicles and energy storage attracted my attention. The company plans to benefit from the large scale roll out of electric vehicles and energy …
Cineworld – just the ticket Cineworld Group PLC (CINE) a FTSE 250 listed company reported today half-year figures with revenues up 17.8% Movies such as: ‘Guardians of the Galaxy 2’ and ‘Beauty and the Beast’ helped grow their box office revenue. Share price was: 722.75 at 13:20 on 10/07/18 up …
FTSE 100 close to record high The FTSE 100 index was just 5 points off its record high today (08/08/17) when it closed at: 7542. The FTSE 100 reached 7547 back at the beginning of June 2017. Are new records to be set this week?
Is retail sales growth slower? Are households reining in their spending as retailers see slower sales growth in July? New Look reported falling sales and profits citing the current market as ‘difficult’. Recently the retailer NEXT PLC reported a mixed bag of results saying high street shopping growth had slowed …
Economic news due this week Two pieces of economic news due this week (07/08/17) to look out for… UK manufacturing data due on Thursday: 10th August 2017 US inflation data due on Friday: 11th August 2017
Wall Street closes up The DOW Jones Industrial Average on Friday (04/08/17) closed up again at: 22090 – that’s now 8 days of new highs! This new high came after the release of better than expected US jobs data.
US Non-farm payroll figures due today US Non-Farm payroll data will be closely watched today. Could these figures slow the stock market rally?
DOW Jones hits another new record The DOW Jones Industrial Average yet again today (03/08/17) closed at another new high of 22024 That’s seven days of record breaking highs!
FTSE 100 closes higher The FTSE 100 closed higher on Thursday (03/08/17) – up 63 points to close at: 7475 Best FTSE 100 performer was: NEXT PLC (NXT) – shares up by 9.7% on the day. Worst FTSE 100 performer was: ConvaTec Group PLC (CTEC) – down by 6.4%
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