FTSE 100 ends flat
London’s FTSE 100 erased early gains to end flat, as weakness in healthcare and commodity-linked shares countered advances in financials. This is while the index recorded its second consecutive monthly increase. After rising as much as 0.8%, the blue-chip FTSE 100 index ended flat, with Rio Tinto, Anglo American, Glencore and AstraZeneca among top drags. The […]
European stocks end flat
European stocks closed flat. This is because of the gains in banks and commodity-linked sectors were offset by losses in industrial stocks on rising bond yields. The pan-European STOXX 600 closed largely unchanged at 472.21 points. This is with concerns over rising inflation and slowing economic growth also weighing on sentiment. Mining and energy stocks rose […]
London Stock Exchange launches financial innovation lab in Singapore
A dedicated Sustainable Financial Innovation Unit has been launched by the London Stock Exchange Group (LSEG) in Singapore. This is as per its part of their new LSEG Lab Network to drive innovation in the country’s fintech sector. LSEG has great support from the Monetary Authority of Singapore (MAS). They will work with the company […]