FTSE 100

Today's data summary

Market closed
% change
-0.36%
Value
7603.85
Change
-27.48
As of 22:05 19 Jun 2018

Latest updates

FTSE 100 still in negative territory

FTSE 100 graph
BBC

Looking at the markets, the FTSE 100 is still stumbling along at around 40 points down on the day. It's fallen 0.56% to 7588.92.

The FTSE 250 is similarly down 0.6%, dropping 97.78 points to 20,901.82.

McCarthy & Stone is the biggest faller on the FTSE 250 index, slumping 14.64% to 111.35.

FTSE slides on opening

The FTSE 100 opened down 0.88%, or 62.88 points at 7,568.56.

The FTSE 250 index slipped 0.61%, or 135.93 points to 20,862.63.

BreakingFTSE ends flat

The London market has held up better than those on the continent, ending the day almost flat at 7,631 points.

Frankfurt closed almost 1.4% lower, while Paris fell 0.9%.

On the FTSE 100 packaging maker DS Smith ended the day 3% lower, while the biggest riser was RSA Insurance, up 2.3%.

European stock markets wobble

Trader, Frankfurt stock exchange
Reuters

European stock markets are down sharply this morning.

Frankfurt's Dax index is down 1.4%, in Paris the Cac-40 is 1.2% lower and Madrid is down 1%.

London's FTSE 100 is holding up relatively well, with a loss of just 0.4%.

Analysts are blaming concerns over the trade tension between the US and China.

Investors are also wary over the political situation in Germany where Chancellor Angela Merkel has clashed with leaders of her coalition ally, the CSU party, over her refugee policy.

"With the US-China trade war already creating an uncomfortable trading atmosphere, the brewing political tensions between long-time allies the CDU and CSU in Germany has caused some bloody losses in the Eurozone," said Connor Campbell, financial analyst at SpreadEx.

No positive progress for FTSE 100

FTSE 100 chart
BBC

The FTSE 100 is remaining depressed today, down 0.35% or 26.63 points at 7607.20.

Meanwhile the FTSE 250 is down a similar 0.35%, falling 73.36 points to 20,932.

FTSE 100 starts higher

The FTSE 100 has edged higher in early trading.

CYBG shares are up a touch after it agreed a deal to buy Virgin Money.

DS Smith shares are down 0.7%, despite announcing a 21% rise in full-year pre-tax profit.

London shares fall as Trump unveils tariffs

US president Donald Trump
Getty Images

London shares have fallen after the US made good on its threat to impose tariffs on $50bn worth of Chinese goods.

The FTSE 100 has fallen almost 1% to 7,699 points.

The tariff list includes 1,102 product lines, stretching from jet engines, water pumps, and industrial dishwashers.

FTSE slips

London's FTSE 100 has started drifting lower, and is now down 0.2% at 7,749 points.

Financial firms are among the biggest fallers, with Barclays down 1.7%, Old Mutual 1.6% lower, Admiral down 1.5% and Legal and General 1.4% lower.

Rolls-Royce is the stand-out riser, but has come off earlier highs of almost 14% up. The shares are now 11% ahead after the engineering giant upgraded its growth outlook.

And Tesco has gained 2% following a strong set of first quarter results.

Rolls-Royce shares fly

RR aero-engine
PA

Shares in Rolls-Royce are soaring after the aircraft engine company issued further guidance on its prospects.

About 45 minutes into trading, the stock was up more than 13%, with the shares enjoying their best day for two years.

Ahead of a meeting with investors and financial analysts, Rolls-Royce issued an upbeat statement on future cash flow and costs. The company announced 4,600 job cuts on Thursday.

The shares were by far the best performer on the FTSE 100. Tesco rose 2% on the back of its latest positive trading update.

The blue chip index is flat at 7,764.7 points.