31/01/14 Market Movements

The FTSE 100 fell to a 6 week low today as major beverage stocks continued to suffer from emerging market turmoil and disappointing results. The FTSE 100 closed down 28.01 points at 6,510.44. Diageo shares fell a further 1.94% as investment house Goldman Sachs removed Read more…

30/01/14 Market Movements

The FTSE 100 closed down 5.38 points at 6,538.45 as the troubles in emerging markets hit one of the FTSE 100’s key constituents. Diageo, which represents the 8th largest holding on the FTSE 100  (by index weight) announced it plans to cut costs by £200m Read more…

Drinks maker Diageo feels Emerging Markets Crackdown

A slowdown in key emerging markets has hurt the world’s largest drinks company. Net sales for the six months to 31st December were up 1.8% vs 2.2% for the previous six months. The group blamed more challenging conditions over the period as China’s austerity measures Read more…

Market Update – Volatility abound but good news continues in the Developed Economies

Good Morning, Over the last week, there has been a significant increase in volatility in the global stock markets.  We have seen some of the major global index returns made year to date, wiped out and go into negative territory.  As an example we have Read more…

29/01/14 Market Movements

The FTSE 100 fell by 28.05 points today to close at 6,544.28 as investors remained cautious amidst concerns of further tapering of the US Monetary stimulus programme. The US Federal Reserve concludes its two day meeting this evening and it is widely expected to announce Read more…