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Stockmarket
Global Financial Markets Saw Mixed Fortunes In Year Of Surprises 2024
The global financial landscape witnessed remarkable shifts throughout 2024, with US equity markets leading the charge whilst other regions experienced varied outcomes. The tech-heavy Nasdaq demonstrated exceptional performance, surging over…
FTSE 100 Delivers Strongest Annual Performance Since 2021 as Aviation Stocks Surge
The UK's premier stock index has marked its most robust annual gain in three years, despite trailing behind its American counterparts. The FTSE 100 achieved a noteworthy 5.7% increase throughout 2024, climbing from 7,733 points to close at…
British Markets Trail Behind US Counterparts as FTSE Posts Modest Gains in 2024
The FTSE 100 has recorded its fourth consecutive year of growth, achieving a 5.8 per cent increase in 2024, whilst American markets demonstrated significantly stronger performance with gains nearly five times greater.
British blue-chip…
US Stock Markets Second Consecutive Year of Exceptional Growth Driven by Tech and AI
The S&P 500 has achieved a remarkable milestone, climbing more than 20% for the second consecutive year, propelled by widespread enthusiasm surrounding artificial intelligence and robust performances from mega-cap technology stocks.…
Pakistan Drops Controversial Bank Profit Tax Plan Days Before Deadline
In a significant policy reversal, Pakistan has abandoned its planned tax on banks' profits from government debt mere days before implementation, following intense pressure from the banking sector. The proposed levy, designed to stimulate…
Global Economic Outlook 2025 Trade Wars and Market Volatility Set to Define New Year
The global economy faces unprecedented challenges as it enters 2025, with Donald Trump's return to the White House poised to reshape international trade dynamics. His campaign promises of imposing tariffs up to 60% on Chinese imports and…
Blow to London Stock Exchange as Issa Brothers Set To Launch 13 Billion Pound US Float for EG Group
The Issa brothers are preparing for a potential flotation of their petrol station empire in the United States, with an estimated value of £13 billion. This strategic move represents another significant setback for the London Stock Exchange,…
Private Capital Chiefs See 56bn Wealth Surge as Shares Hit Record Highs
The wealth of American private capital leaders has skyrocketed by more than $56bn in 2024, driven by extraordinary share price performances at industry giants Blackstone, Apollo and KKR. The remarkable surge follows their inclusion in the…
FTSE 100 Delivers Christmas Cheer Despite Property Market Concerns
The City of London witnessed a mixed trading session on Tuesday, as property sector woes were offset by broader market optimism. The FTSE 100 demonstrated resilience, closing up 0.4 per cent at 8,136.99 during the shortened Christmas Eve…
Windward Departs London AIM Market in £216 Million Pound Private Equity Deal
Maritime analytics firm Windward, helmed by former BP chief Lord Browne of Madingley, has joined the growing exodus from London's AIM market through a £216 million acquisition by US private equity-backed Octopus UK Bidco.
The deal,…
AI Smartphones Could Protect Semiconductor Industry From Market Downturn Says Testing Giant
The semiconductor industry might find a safeguard against potential market volatility through AI-enabled smartphones, according to the CEO of the world's leading chip testing equipment manufacturer.
Doug Lefever, chief executive of…
India Takes Crown As Asias Premier IPO Market Surpassing China In 2024
In a significant shift within Asian financial markets, India has emerged as the continent's leading destination for company listings in 2024, overtaking China's long-held position. The milestone places India as the world's second-largest…
UK Banks Lead FTSE 100 Performance as Interest Rates Bolster Profits in 2024
British banks have emerged as the standout performers among UK shares in 2024, capitalising on elevated interest rates that have significantly enhanced the sector's profitability despite lingering concerns about domestic economic recovery.…
London Canal Plus Float Faces Opposition From French Investor Over Market Concerns
The proposed London listing of French media giant Canal+ is facing strong headwinds as a prominent Paris-based fund manager raises serious concerns about the flotation's potential success. Anne-Sophie d'Andlau, co-founder of activist…
Hedge Fund Titan Stakes 2 Billion Pounds on London Investment Trust Shake Up
A chess-playing hedge fund manager who was once banned from a London casino for counting cards is making waves in the investment trust sector with an ambitious £2 billion restructuring plan.
Boaz Weinstein, the chief investment officer…
US Stock Markets Rally Following Federal Reserve Interest Rate Shock
US stocks mounted an impressive comeback on Friday, reversing course from a significant sell-off triggered by the Federal Reserve's hawkish stance earlier in the week. The S&P 500 demonstrated remarkable resilience, closing 1.1 per cent…
Canal Plus Shares Experience Rocky Start on London Stock Exchange Debut
The French media giant Canal+ made its highly anticipated debut on the London Stock Exchange today, marking the largest listing since Haleon's spin-off from GSK two years prior. The shares opened at 290p but experienced significant…
London Stock Exchange Faces Greatest Company Exodus Since 2009 Financial Crisis
The London Stock Exchange is experiencing its most significant exodus of companies since the 2009 financial crisis, with mounting concerns that additional FTSE 100 enterprises will abandon the UK market for New York listings.
Data from…