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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Oil & Gas

FIVE at FIVE: FTSE 100 closing in on 8000; Exxon to challenge Glencore; Standard Chartered bid denied; Europe’s lithium companies due a re-rating

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Why the FTSE 100 is closing in on 8000 - and where could it peak in 2023?

Even for some seasoned investors, it does not wholly make sense that the UK stock market benchmark is breaching new all-time highs as the economy teeters on the edge of a recession amid a cost of living crisis and waves of industrial action.

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2. Exxon plans to challenge Glencore and Trafigura in commodity trading business

The division seeks to be active in the high-risk, high-reward world of energy derivatives, according to a report by Bloomberg.

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3. FTSE 100 finishes lower on the day after record-breaking week

The FTSE 100 couldn't hold onto its record gains from earlier in the week, finishing 0.4% lower at 7,882 points.

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4. Standard Chartered not in FAB's crosshairs

The bank reiterated “that it is not evaluating a possible offer” for the FTSE 100-listed Asian-focused bank

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5. Aren’t Europe’s lithium companies due a re-rating?

No European country scores big either in terms of lithium resources or production, although at the present time Portugal is the frontrunner.

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Plus: The Proactive Crypto Update (watch)

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK