17 January 2025

The FTSE 100 continues its strong run today, rising another 100 points after yesterday’s rise of 90.77 points to close at 8,391.90.  The rally this morning has taken the Index to 8.496 as the 8,500 level comes firmly into view.  This is a record for the Index!!  Interest rates are now expected to fall in February given the poor retail sales figures and uncertain economic outlook following disappointing growth in November. However, we do believe that any move over 8,500 could be short-lived as profit-takers move in!

Featured Companies

JD Sports Fashion – 88p

14 January 2025 - trading update The leading global retailer of sports, fashion and outdoor brands has issued a trading update for the nine weeks to 4 January which includes the important Christmas period.  This saw organic revenue growth of 3.4% over the period despite current market headwinds although, as...

The latest from The Trader

AIM MARKET

Journeo – 292.5p

!4 January 2025 - trading update The AIM-listed provider of information systems and technical services to the transport and local authority sectors has provided an...

Ramsdens Holdings – 237p

14 January 2025 - final results The AIM-listed financial services group has announced its results for the year to 30 September and these have come...

Anpario – 404.5p

10 January 2025 - trading statement The AIM-listed manufacturer of natural animal feed additives has issued a trading update for the year that ended on...

Alliance Pharma – 61p

10 January 2025 - takeover offer The AIM-listed pharmaceutical company has revealed that is has agreed to be taken over by its largest shareholder DBAY...

MAIN MARKET

Currys – 93p

16 January 2025 - trading update The company has issued a trading update for the 10 weeks to 4 January showing that like-for-like sales at...

JD Sports Fashion – 88p

14 January 2025 - trading update The leading global retailer of sports, fashion and outdoor brands has issued a trading update for the nine weeks...

Card Factory – 93.5p

14 January 2025 - trading update The UK's leading specialist retailer of greetings cards and similar products has announced a trading update for the eleven...

Abrdn – 136.9p

19 December 2024 - director dealing Many readers will know that we feel that shares in the fund management group Abrdn are undervalued although the...

Penny Stocks

Latest Newsletters