FTSE treads water as Germany’s top index hits fresh record
9 months, 3 weeks ago

FTSE treads water as Germany’s top index hits fresh record

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FSTE 100 struggled to hold on to gains on Thursday after a weak week for the UK’s top stock market index, while Germany’s Dax reached a new record. The contrast with the Dax could not be more stark – UK data hasn’t been great, but German data has been dire, and yet the latter index has touched a new record high Chris Beauchamp, chief market analyst at IG Elsewhere in Europe, Germany’s Dax continued on its winning streak and touched a new record during the day, having made steady gains throughout the month. Chris Beauchamp, chief market analyst at IG, said: “The morning session saw the FTSE 100 surge from a two-week low, but signs of weakness are returning in the afternoon session. “The contrast with the Dax could not be more stark – UK data hasn’t been great, but German data has been dire, and yet the latter index has touched a new record high.” In other company news, Sainsbury’s shares dropped 1.58% as the business announced plans to reduce its headcount by around 1,500 people.

History of this topic

FTSE 100 lifts to month-high amid strong banking stocks
4 weeks ago
FTSE climbs after UK economy returns to growth
2 months, 1 week ago
UK stocks swing into the red as oil prices retreat
2 months, 2 weeks ago
UK stocks falter and pound weakens despite OECD upgrading growth outlook
2 months, 4 weeks ago
FTSE 100 reverses gains as week of ‘profit-taking’ takes toll on European stocks
3 months ago
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3 months, 3 weeks ago
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4 months, 2 weeks ago
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4 months, 3 weeks ago
London markets end week on a high as NatWest helps lift FTSE 100
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5 months, 1 week ago
London’s FTSE 100 makes gains as European markets rebound
6 months ago
London’s FTSE 100 holds onto gains after record-breaking week
7 months, 3 weeks ago
FTSE reaches another record level on strong earnings and Anglo American bid
7 months, 3 weeks ago
FTSE 100 closes at record high as firms given boost by tumbling value of pound against US dollar
8 months ago
FTSE 100 stock index of Britain's biggest publicly-listed companies reaches all-time high - beating previous record set in February 2023
8 months ago
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8 months, 2 weeks ago
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10 months, 1 week ago
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11 months ago
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1 year, 2 months ago
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3 years, 5 months ago
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