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End of week slump for FTSE

News - Monday, November 15, 2010

The FTSE index ended last week down 0.3 per cent, at 5796, as ongoing concerns over the level of bad debt led to caution in the market in higher-risk trading. A slide in commodities also affected both energy and mining prices, pulling down the index as the week closed.

FTSE falls with mixed fortunes for banks and miners

News - Thursday, November 11, 2010

The FTSE index fell again on Thursday morning, driven down by poor results in the banking sector, despite other areas in the market posting a strong morning following good third quarter results. By 9.32 GMT the FTSE had dropped to 5808, down a further 0.2 per cent after losing 1 per cent on Wednesday and closing at 5816.

FTSE loses gains made on Tuesday

News - Wednesday, November 10, 2010

Wednesday morning saw the FTSE wobble, as commodities dropped their prices, with the miners and oil companies leading the fall. After closing at 5875 on Tuesday, up 0.4 per cent, with the session seeing the index burst through the 5900 mark for the first time in over two years, the FTSE then dropped 0.5 per cent to 5846 by 12.13 GMT on Wednesday.

FTSE firms as Barclays and Vodafone lead the way

News - Tuesday, November 09, 2010

After ending last week reaching a 29 month high, the FTSE had seen a sluggish start to the week with Monday closing down 0.4 per cent. However the market rallied during Tuesday morning with the index shooting up by over 24 points by 9.13 GMT, 0.4 per cent higher than where it closed the previous night.

FTSE drops from two year high as miners slide

News - Monday, November 08, 2010

After reaching a 26 month high at the close on Friday, the index dropped in Monday morning's markets as major mining companies failed to hold the previous week's highs. By 11.47 GMT, the FTSE had dropped 0.3 per cent reaching 5858, a loss of over 16 points.

FTSE closes week on 29 month peak

News - Sunday, November 07, 2010

After closing up 2 per cent on Thursday, the FTSE hit a second high on Friday, boosted by strength from the mining sector. However, despite the index reaching a high of over two years, the bankers dropped with concern over results.

FTSE hits two year high after UK rates remain unchanged

News - Thursday, November 04, 2010

The Bank of England has opted on Thursday to leave interest rates unchanged at 0.5 per cent, citing positive indications that the British economy on the mend. This decision has led to a buoyant market with the FTSE hitting its highest level since June 2008.

Mixed fortunes as FTSE slips

News - Wednesday, November 03, 2010

After posting a strong day on Tuesday, the FTSE has slid 0.1 per cent on Wednesday morning with retail fallers and miners' drops outstripping the increases in other sectors. However, the market remains on tenterhooks awaiting the outcome of the US Federal Reserve meeting with prices poised to go either way.

Market wary ahead of imminent Fed Meeting

News - Tuesday, November 02, 2010

Despite favourable conditions, the FTSE showed slow progress on Tuesday as the forthcoming policy meeting at the US Federal Reserve led to market caution. With latest expectations of a minimum of $500 billion being poured into the US economy, the rise in the FTSE was modest, as investors await the outcome.

Miners and banks lead charge in Monday's market

News - Monday, November 01, 2010

The FTSE was in buoyant mood on Monday, up on Friday's close, with China's data boosting the market. Banks also were showing well ahead of the updates on trading due in the next fortnight. At 9.15 GMT, the FTSE was holding at 5729, an increase of 1 per cent following the overall drop seen in the market last week.

FTSE lethargy following US disappointment

News - Sunday, October 31, 2010

The FTSE closed down 2.7 per cent at 5675 on Friday following the announcement of the US' third quarter gross domestic product figures. Despite the subdued index, some gains were made in the market notably in the energy and insurance sectors.

Miners lead Thursday charge on FTSE

News - Thursday, October 28, 2010

Following a turbulent week on the Exchange, the FTSE rallied on Thursday morning with mining stocks bouncing back from the previous session's falls. With the US dollar weaker, the market saw a strengthening in metal prices, boosting the miners.

FTSE slumps further as markets await Fed decision

News - Wednesday, October 27, 2010

Wednesday's FTSE 100 slid further as the market showed signs of anxiety over the rumoured $200 billion quantitive easing widely anticipated by the US. With the dollar stronger in the market, oils and metal were driven down.

FTSE pulled down by financial and commodity stocks

News - Tuesday, October 26, 2010

Tuesday saw a shaky start to the FTSE 100 with poor commodity and financial stocks. The index was also pushed down by a dive in Cairn Energy.

FTSE rising following G20 currency agreement

News - Monday, October 25, 2010

Monday has seen the FTSE strengthen as a result of a weakening dollar as G20 economies agreed to avoid 'competitive currency devaluations'. Miners and oils were leaders in the gains, along with strong commodities.

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