FTSE 100 (^FTSE)
| Previous Close | 7,836.71 |
| Open | 7,836.71 |
| Volume |
| Day's Range | 7,835.36 - 7,890.82 |
| 52 Week Range | 6,707.60 - 7,906.60 |
| Avg. Volume | 742,102,274 |
- Yahoo Finance UK
FTSE 100 opens higher as BP shares hit two-month record high
FTSE 100 boosted by record profits and plans for a further share buy back from oil major BP.
- Reuters
FTSE 100 inches towards recent highs as BP shines
UK's FTSE 100 rose on Tuesday as bumper earnings from oil giant BP and a rally in energy stocks helped counter investor worries that the Federal Reserve will keep interest rates higher for longer. The blue-chip FTSE 100 rose 0.5%, inching closer to the all-time high it hit last week. European stocks posted small gains after a weak opening as investors digested mixed earnings reports and data signalling resilience in the U.S. economy, which could offer more room for the Fed to keep hiking interest rates.
- Reuters
Investors pulled $1 billion from UK equity funds in January - Calastone
UK-focused equity funds registered 868 million pounds ($1.04 billion) of outflows in January, in sharp contrast to global funds, which attracted investment as markets rebounded, funds network Calastone said on Tuesday. The latest data means UK equity funds have seen 20 consecutive months of outflows, with January's losses the third-largest on record. "The combination of January’s near-record high for the UK market, with near-record outflows smacks of opportunistic selling against a backdrop of chronic pessimism, exploiting a moment of higher prices to head for the exits," said Edward Glyn, head of global markets at Calastone.
