Market News Feed
AI Daily 5 entries
LONDON MARKET CLOSE: FTSE 100 nudges up ahead of Fed after in line CPI
- London's FTSE 100 gained 0.1% on Wednesday, with modest gains amid Middle East tensions and in line with UK inflation data.
- The FTSE 250 and AIM All-Share also ended higher, up 0.3% and 0.4% respectively, while the Cboe UK indices were mixed.
- Oil prices fluctuated as the Iran-Israel conflict continued, with Brent oil trading lower at USD 75.06 per barrel.
- European equities were mixed, with the CAC 40 and DAX 40 closing down while stocks in New York were green across the board.
- The Federal Reserve and Bank of England are expected to maintain interest rates, with announcements due on Wednesday and Thursday respectively.
- In the UK, inflation figures showed a slowdown in consumer price growth, providing food for thought for the BoE ahead of its rate decision.
- On the FTSE 100, Melrose Industries and IAG were among the top risers, while Howden Joinery and Ashtead Group led the fallers.
- Thursday's calendar includes interest rate decisions in the UK, Switzerland, and Norway, Australian jobs data, and a trading statement from Whitbread.
- US financial markets are closed for Juneteenth National Independence Day.
LONDON MARKET MIDDAY: Stocks mixed, eurozone inflation passes ECB goal
- London stock prices mostly fell at midday on Wednesday, ahead of the Bank of England's interest rate decision on Thursday.
- UK house price growth halved in the 12 months to April, according to the Office for National Statistics.
- The FTSE 100 and FTSE 250 were down, while the AIM All-Share was up marginally.
- On the FTSE 250, AO World reported a decline in pretax profit, but adjusted pretax profit beat guidance.
- On AIM, Oxford Metrics reported a pretax loss for the first half of the year, with revenue down 14%.
- European equities were also mostly lower, with the CAC 40 and DAX 40 down, while annual inflation in the euro area cooled to 1.9% in May.
- Sweden's Riksbank cut its key interest rate and indicated a possible further cut later this year.
- The pound and euro were lower against the US dollar, while the dollar was lower against the yen.
- Oil prices rose on concerns about potential supply disruptions due to tensions with Iran.
- Gold prices were slightly lower.
LONDON BROKER RATINGS: Goldman starts Ferguson Enterprises at 'buy'
- Wednesday, June 18, 2025
- 09:23
- London-listed shares with recent analyst recommendations:
-
- FTSE 100:
-
- Deutsche Bank Research raises Entain price target to 1,122 pence (from 958) with a 'buy' rating
- Goldman Sachs raises Croda International price target to 2,600 pence (from 2,500) but maintains a 'sell' rating
- UBS raises Intermediate Capital price target to 2,450 pence (from 2,300) with a 'buy' rating
- Jefferies raises Howden Joinery price target to 856 pence (from 854) and suggests 'hold'
- FTSE 250:
-
- Deutsche Bank Research and Peel Hunt both raise Morgan Sindall's price target to 4,600 and 4,800 pence, respectively, both rating it a 'buy'
- Barclays raises Bellway price target to 3,380 pence (from 3,031) and rates it 'overweight'
- SMALL CAP:
-
- Goldman Sachs initiates coverage on Ferguson Enterprises with a 'buy' rating and a price target of 280 USD
- Barclays raises Capita price target significantly to 600 pence (from 40) and maintains an 'overweight' rating
- Jefferies cuts Wise price target to 1,231 pence (from 1,247) but keeps a 'buy' rating
LONDON MARKET OPEN: Stocks open mixed with few UK inflation surprises
- London stock prices opened higher on Wednesday, with the FTSE 100, FTSE 250, and Cboe indices posting gains.
- UK consumer price inflation for May was in line with expectations, slowing to 0.2% monthly and 3.4% annually.
- The core consumer price index posted 3.5% annual growth, slightly below consensus.
- The opening of HS2, a high-speed railway project, will be delayed beyond 2033 due to budget and schedule issues, according to the UK government.
- Stocks on the move included Entain, Melrose Industries, Howden Joinery, Raspberry Pi, Tiger Royalties, Tao Alpha, Electric Guitar, and others.
- European equities were mixed, with the CAC 40 in Paris up slightly while the DAX 40 in Frankfurt opened lower.
- The pound, euro, and yen were all quoted lower against the US dollar.
- Asian markets were mostly positive, with the Nikkei 225 and Shanghai Composite posting gains, while the Hang Seng and S&P/ASX 200 declined.
- Wall Street ended lower on Tuesday, with the Dow Jones, S&P 500, and Nasdaq Composite all down.
- US Treasury yields narrowed, and the Fed is expected to keep rates unchanged with potential cuts later in the year.
- Brent oil and gold prices were quoted higher early on Wednesday.
- The economic calendar for the day includes the US rate call and jobless figures, with US markets closed on Thursday for Juneteenth.
LONDON MARKET EARLY CALL: UK industry forecasts surprise slow growth
- London stocks are expected to open higher on Wednesday, with the FTSE 100 predicted to gain 0.1%.
- This comes ahead of the release of UK consumer price inflation data, which is expected to show rising costs.
- The Confederation of British Industry forecasts weak business investment and downgrades UK economic growth predictions to 1.2% for 2023.
- Sterling and euro are both lower against the US dollar, while gold and Brent oil prices are higher.
- Wall Street closed lower on Tuesday, with the Dow Jones, S&P 500, and Nasdaq all down.
- US-Iran tensions continue, with President Trump demanding "unconditional surrender" from Tehran.
- Asian markets are mixed on Wednesday, with the Nikkei 225 and Shanghai Composite up, while the Hang Seng and S&P/ASX 200 are down.
- In the corporate calendar, AO World releases full-year results, and John Wood holds its annual general meeting.
- Economic data releases include UK and eurozone CPI, and a US interest rate decision.
All Market News Today 576 headlines
GR1T
14:38
GRIT Real Estate Income Group
11JS
11:16
11JS
PGOO
10:17
Proven Growth and Income Vct PLC
FGEN
06:01
Foresight Environmental Infrastructure Limited
AI 0 headlines
Acquisitions 4 headlines
Agreement 0 headlines
Approvals 0 headlines
Authorisation 0 headlines
Awards 0 headlines
BTC 0 headlines
Blockchain 0 headlines
Breakthrough 0 headlines
BuyBack 0 headlines
Cancellations 0 headlines
CashOffer 0 headlines
Collaborate 0 headlines
ContractWin 0 headlines
Covid-19 0 headlines
Deals 0 headlines
Diamond 0 headlines
DirectorDealing 28 headlines
Discovery 0 headlines
Exceeded 0 headlines
FCA 0 headlines
FDA 0 headlines
Grants 0 headlines
InvestmentPlan 0 headlines
JV 2 headlines
Launch 2 headlines
Litigation 0 headlines
NewContract 2 headlines
Offers 2 headlines
Offtake 0 headlines
Orders 0 headlines
Partner 0 headlines
Patents 0 headlines
Placing 2 headlines
Positive 0 headlines
Proposals 0 headlines
Reports 5 headlines
Results 18 headlines
Significant 0 headlines
Speculation 1 headlines
Strategic 0 headlines
Suspension 0 headlines
TR1 53 headlines
Takeover 0 headlines
Understanding 0 headlines
Updates 21 headlines
GR1T
14:38
GRIT Real Estate Income Group