^FTSE - FTSE 100
| Previous close | 7,585.98 |
| Open | 7,585.98 |
| Volume | 0 |
| Day's range | 7,461.66 - 7,585.98 |
| 52-week range | 6,734.00 - 7,727.50 |
| Avg. volume | 675,256,990 |
- Reuters
FTSE 100 tumbles again as coronavirus fears grow
The FTSE 100 index , which had recovered on Friday after the World Health Organisation issued a measured assessment of the virus, stumbled 1.5% by 0808 GMT, set for its worst daily performance since early December. News that China's death toll from the coronavirus discovered at the end of last year has risen to 80 spooked investors and dragged an index of leisure and airline stocks down nearly 2%.
- Financial Times
Major hedge funds calculate cliff-edge Brexit fears overdone
Investors are too worried about a possible no-deal Brexit and are in danger of missing out on overlooked UK stocks, according to prominent hedge fund managers betting on a UK resurgence. “Our conviction in the UK opportunity is very high,” Lansdowne Partners duo Peter Davies and Jonathon Regis wrote in a letter to investors. The pair manage the Lansdowne Developed Markets Fund, one of Europe’s biggest hedge funds.
- FX Empire
The Week Ahead – Brexit, Earnings, Monetary Policy and Stats Are in Focus
It’s a big week ahead. Britain leaves the EU, Trump’s defense team is in action, corporate earnings are in focus, and the FED and the BoE are in action.
- Associated Press
Stocks fall as fears about deadly virus grow; Dow drops 170
Health care companies led a broad slide in U.S. stocks Friday as increased fears over the spread of a deadly outbreak of coronavirus rattled markets. The S&P 500 had its worst day since early October and snapped a two-week winning streak. “It really is a reaction to the widening nature of what's going on with the coronavirus,” said Lisa Erickson, head of traditional investments at U.S. Bank Wealth Management.
- FX Empire
Market Trading At New Highs, Virus Fears Ease, EU Data Reassures Investors
Global markets rebound as fear of the Wuhan Virus dissipates.
- FX Empire
European Shares Higher on Dampened China Virus Worries; PMIs Not So Bad
On Thursday, ECB President Christine Lagarde told a news conference that risks to growth in the Euro Zone remained tilted to the downside.
- Reuters
FTSE 100 powers through as WHO tempers China virus fears
The FTSE 100 ended a four-day losing streak to rise 1%, but worries over the spread of the virus have spoiled risk appetite in the past few days and dragged the index to its worst weekly performance in nearly two months. The FTSE 250 also firmed 1%, getting a further boost as early readings of the IHS Markit/CIPS UK Purchasing Managers' Index (PMI) showed Britain's vast services sector returned to growth in January for the first time since August. Global headlines were dominated by the new coronavirus which has killed 26 people and infected more than 800 so far.
- Financial Times
Finablr shares dive after it reveals stock pledge for Travelex deal
Finablr, the financial services group that owns Travelex, shed more than a quarter of its value on Friday after it emerged that more than half of its stock had been used by majority owner and billionaire BR Shetty as security against debt from buying the British currency platform in 2015. India-born Mr Shetty is one of the region’s best-known billionaires. In 1980, he set up UAE Exchange, a remittance business, which expanded in tandem with the growing expatriate population working in the oil-rich federation.
- Associated Press
Asian markets gain as China closes down for Lunar New Year
Shares were mostly higher in quiet trading on Friday in Asia as China began a week-long Lunar New Year festival that is being overshadowed by the outbreak of a new virus that has killed 25 people and sickened more than 800. Markets were closed in Shanghai and the rest of mainland China, South Korea, Malaysia and Taiwan.
- Reuters
FTSE heads for worst week in four months on China virus fears
The FTSE 100 gave up 0.9%, marking its steepest one-day drop in nearly two months and set for its worst weekly performance since early October. Losses came after China put Wuhan, the city at the centre of the outbreak, on lockdown as health authorities around the world scramble to prevent a global pandemic. The new coronavirus has so far killed 17 and infected nearly 600 people.
- Associated Press
Asian shares higher despite growing impact of China virus
Asian shares were mostly higher Thursday as health authorities around the world moved to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. China and other nations have ramped up screenings for fever on aircraft and at airports in measures that appeared to reassure investors. Japan's Nikkei 225 index rose 0.7% to 24,031.35 while the Kospi in South Korea surged 1.2% to 2,267.25.
- FX Empire
Markets Rebound, China Plans To Contain Virus, Trade Focus Turns To EU
Global markets rebound after virus-related fears subside. Risk is still present so traders should be cautious with equity markets trading at all-time highs.
- Financial Times
Markets not live, Wednesday 22nd January 2020
Speaking generally, it tends to be the case that when investors get wind of something non public that might be beneficial to the share price, such as takeover interest, they’ll want to see it publicised. In our view, Quilter would be a good candidate for Private Equity, rather than public market, ownership at the present time, given the extensive ongoing restructuring and platform transformation project.
- Financial Times
Berkeley to double shareholder payout to £1bn
London-focused housebuilder Berkeley Group plans to almost double its capital return to shareholders to £1bn over the next two years in a sign that last year’s general election has returned confidence to the sector. The FTSE 100 group did not explicitly mention Brexit or the recent Conservative victory in its update on Wednesday but hinted that greater political certainty was a factor in the increase of £455m on top of the existing dividend and share buyback programme. “Since 2016 [when the UK voted to leave the EU] like all responsible businesses, Berkeley has been mindful of the volatile operating environment and has been cautious in its investment,” the housebuilder said.
- Reuters
FTSE marks third straight day in the red
The FTSE 250 added 0.1%, buoyed by a stronger local currency. The pound scaling a five-week high against the euro came as bets of a cut to the UK interest rate declined after the Confederation of British Industry reported a pick-up in manufacturers' sentiment. A standout faller was TUI , whose London-listed shares slipped nearly 6% to their lowest since September after Boeing warned of further delay in returning its grounded 737 MAX airliner to service.
- Associated Press
Asian shares higher after selloffs spurred by Chinese virus
Shares mostly rose in early Asian trading on Wednesday after a slide in U.S. stocks overnight as a virus outbreak in China rattled global markets. Japan's Nikkei 225 index climbed 0.6% to 24,013.15 and the Kospi in South Korea surged 0.8% to 2,256.95. There was little regional news apart from the virus to drive trading, though South Korea reported better than expected economic growth in the last quarter of 2019.
- AFP
European stocks slump at open
Europe's leading stock markets slumped at the start of trading on Tuesday after sharp losses across Asia. London's benchmark FTSE 100 index slid 0.8 percent to 7,591.93 points compared with the close on ...
