Latest News

FTSE 100 live: Index to open lower, Oil price weak, Berkshire posts record profits


FTSE 100 live: Index to open lower, Oil price weak, Berkshire posts record profits By Proactive Investors

Breaking News


Stock Markets

Published Feb 26, 2024 07:17
Updated Feb 26, 2024 07:40

© Reuters. FTSE 100 live: Index to open lower, Oil price weak, Berkshire posts record profits

Proactive Investors – Blue chips in London were tipped to open modestly lower despite last week’s records in Europe, Japan and on Wall Street.

Footsie was being called around fifteen points lower after mixed trading on Asia overnight.

Japan was an exception as it continued to hit new highs with the Nikkei in sight of 40,000 for the first time heading towards the close.

Oil prices were also lower on Monday as the dollar rose on growing speculation that higher-than-expected inflation could delay cuts to US interest rates.

Over the weekend Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) produced record profits but the legendary investor suggested the days of bumper returns from his financial vehicle might be passed.

This morning, FTSE 100 group Bunzl (LON:BNZL) reported adjusted profits up 3% at £853 million.

Read more on Proactive Investors UK


FTSE 100 live: Index to open lower, Oil price weak, Berkshire posts record profits

Our Apps

Terms And Conditions
Privacy Policy
Risk Warning
Do not sell my personal information

© 2007-2024 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Pound to Euro Week Ahead Forecast: Retest of 2024 Highs Dependent on Eurozone Inflation

Previous article

Futures edge lower; economic data, earnings this week – what’s moving markets

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News