FTSE 100

Today's data summary

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As of 21:39 23 Sep 2018

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FTSE 100 closes up after pound plummets

London Stock Exchange
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The pound - a barometer of investor expectations on Brexit - has come under fresh selling pressure today after Theresa May warned EU leaders to come up with new alternatives to her Brexit proposals if they are to break a deadlock in the talks.

A falling pound typically boosts FTSE 100 firms, which make around 70% of total earnings from overseas.

The FTSE 100 closed 123 points higher at 7,490.

Moss Bros shares plummet

Moss Bros
Moss Bros

Shares in troubled suits retailer Moss Bros have now dropped 27% to 35.18p, after issuing a profit warning earlier this morning.

The FTSE 100 is now 0.8% ahead to 7,423,29, led by mining firms Glencore, BHP Billiton and Rio Tinto, after oil prices hit near $80 a barrel on Thursday.

The FTSE 250 meanwhile is 0.4% higher to 20,623.67. Top of the winners is ground engineering firm Keller Group.

BreakingFTSE 100 starts higher

The FTSE 100 has made healthy gains in early trading, up 38 points at 7,405.

Shares on the move in London include:

Moss Bross, plunges 22% after it warned over profits.

Just Eat is down 4.7%. That follows news that Uber could be interested in buying rival, Deliveroo.

Market movers: GVC; IG Group; Just Group

Shares in GVC Holdings, which owns Ladbrokes Coral, is the biggest loser on the FTSE 100 down 2.3%.

Investors have probably been rattled by Labour's call for a ban on gambling advertising during live sporting events.

On the FTSE 250, IG Group is the biggest loser with a 6.6% fall.

The online financial trading company reported a 4.7% fall in sales in its first quarter.

Shares in Just Group are the biggest winners with a 7% gain. It is a financial services firm that focuses on the retirement market.

FTSE 100 starts higher

The FTSE 100 has started the day with a gain of 11 points to 7,342.

FTSE 100 boosted by pound fall

London Stock Exchange
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It's been a rollercoaster day for the FTSE 100. Having stumbled through the morning session, it closed up 0.4% after a Times report that PM Theresa May is set to reject an improved EU offer on the post-Brexit Irish border problem sank the pound.

There was tension on another front too with UK treasury minister Mel Stride suggesting, on Sky News, that there could be another referendum if May's Chequers proposals are rejected by Parliament.

FTSE 100 flat; miners up; Kingfisher down

Anglo American trucks
Anglo American

The FTSE 100 is trading pretty much where it started the session, up just three points at 7,304.

Kingfisher remains the biggest loser, down 3.7%, after a sharp drop in half-year profits.

Rising copper prices helped mining shares. Evraz was up 3.3%, Anglo American added 2.6% and Glencore was 2% higher.

FTSE flat at the close

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Investors in the FTSE 100 have taken Washington's decision to go ahead with 10% tariffs on another $200bn of Chinese goods in their stride.

The latest US duties spared smart watches and other consumer products, but US President Donald Trump said there would be duties on more products if China took retaliatory action.

"Indeed, the actual range of goods hit with tariffs was less than feared," said Neil Wilson, an analyst at Markets.com.

The FTSE closed down 0.03% at 7300.23.

BreakingFTSE 100 starts lower

The FTSE 100 has started the day lower, down 17 points at 7,284.

Among shares on the move in London is insurer Jardine Lloyd Thompson. Its shares jumped 32% after a takeover offer from Marksh & McLennan.

Online grocer Ocado is up 1.7% after its trading update.

London stock markets close down

The FTSE 100 has ended Monday trading down 1.94 points at 7,302.10.

The FTSE 250 is also barely changed, down 1.48 points at 20,374.39.