Burberry Shake Off Protests

Thursday, 14th November: Burberry were amongst the few high-flyers on the blue-chip index today following their interim update, which was better than expected and demonstrated the success of new designer Riccardo Tisci’s brand transformation. Tisci revamped the Burberry logo and the brand has also started focusing on other products to shift the focus away from…

Coca-Colas Bubbly Update

Wednesday, 13th November: The FTSE 100 fell 0.48% in the opening trade on a Wednesday as president Trump threatened another increase in tariffs during his speech to the Economic Club of New York. Topping the index was Coca-Cola following an upbeat Q3 update. Unseasonable weather has been to blame for the industry having to struggle…

UK Dodges Recession?

Monday, 11th November: The FTSE 100 started the week in negative territory, opening 0.22% lower on Monday on further concerns regarding the U.S. and China trade deal, as well as the escalating violence in Hong Kong. The turmoil across Asia had a particularly negative impact on the FTSE members with Asian exposure as expected, which…

Sparks Begin to Fly for M&S

Wednesday, 6 November: The FTSE was expected to fall lower at the open because of losses in Asia and falling oil prices, but never made any major moves and that was the story of the day, the main index effectively just oscillating for the session – eventually closing +0.12%. The FTSE 250 contending more with…

Brexit Drives Lower Car Sales

Tuesday, 5 November: In similar fashion to yesterday European bourses were buoyed from gains in the US and Asia overnight. Investors awaited the service PMI read for the UK, and despite the fact we had a read of 50, the level signalling the difference between expansion and contraction, sterling was lifted due to the surprise…

Aukett Profit Builds

Monday, 4 November: The FTSE began the week today spurred by US – China trade hopes. The US labour market surprised on the upside last week and this also led to a strong close on Wall St. Friday, leading into the European open today. Asian bourses also enjoyed the support and closed higher, so all…