FTSE 100 pares losses after banks recover
FTSE 100 shares dug themselves out of a hole to close just softer on Friday after banks recovered from heavy falls on speculative reports that troubled Deutsche Bank's US fine may be reduced
Company
LON:AV.
Aviva is the world's fifth-largest insurance group and the biggest in the UK. Aviva is one of the leading providers of life and pensions products in Europe and have substantial businesses elsewhere around the world.
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FTSE 100 shares dug themselves out of a hole to close just softer on Friday after banks recovered from heavy falls on speculative reports that troubled Deutsche Bank's US fine may be reduced
Investments and investor services
UK stocks ended flat on Wednesday as jitters ahead of the Federal reserve’s rate decision set in
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The online food order and delivery service received a boost from the bank, while elsewhere insurance firms were in the spotlight
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He reckons the share price fall of 40% in the year so far on concerns about trading, disruption to operations and Brexit is overdone.
London shares rallied on Thursday in spite of a widely-trailed Bank of England rate cut to its lowest since the central bank was founded in 1694, as policymakers threw a bundle at worries over economic fallout following Britain’s vote to qu
The FTSE 100 Index responded to the interest rate cut by rising 89.9 points to 6724.32
Investments and investor services
The FTSE 100 Index responded to the rate cut by rising 67.6 points to 6700.45
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Deutsche Bank was bullish on the prospects of the defence specialist on Monday, upping its target price for the stock
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An early look at some broker views at the start of the week
London’s FTSE 100 closed down on Wednesday in a repeat of the previous session’s gyrations over the ongoing Brexit vote shock
Investments and investor services
The FTSE 100 Index reversed modest gains to stand 103.29 points adrift at 6442.08
The FTSE 100 Index increased 11.54 points to 6556.91
London’s FTSE100 index closed firmer after a see-saw session on Tuesday but smaller stocks were hurt as post-Brexit sterling fell 2% and hit a new 1985 low, a gilt auction marked a record-low yield, and the Bank of England pumped emergency
The FTSE 250, which contains more UK-focused stocks than the Footsie, fell 418.8 points to 15,697.9
London’s FTSE 100 index on Wednesday closed above “Brexit” crisis levels for the first time since the morning of the In-Out European Union referendum polling last Thursday
As the status quo is unlikely to change in the immediate term, some Brexit worries have been set aside - even if it's just for now.
Aviva said it believed EU vote outcome would have no significant operational impact on the company
Investments and investor services
Tuesday brings Royal Dutch Shell Plc (LON:RDSB) into focus, as it holds its AGM, elsewhere, retailer Kingfisher releases results.