Market Watch

LONDON (Capital Markets in Africa) – The FTSE 100 has set off on a climb higher, nudging ahead again on a record-breaking run. The fresh pulse of positivity comes as ceasefire negotiations in the Middle East continue and a more optimistic sentiment washes over the London market. Even the surprise resignation of HSBC boss Noel Quinn, didn’t stop the banking giant from posting share price gains this morning. Sharp gains may be held back, with…

Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown: The disheartening inflation data this morning hasn’t helped the FTSE into positive territory. While inflation is certainly moving in the right direction, it’s still higher than the market expected, which will disappoint those expecting an earlier-than-forecast interest rate cut from the Bank of England. Core inflation has also surprised to the downside, which will have added an extra layer of pressure to early trading. Investors are also reacting…

Johannesburg, South Africa – The Bourse Régionale des Valeurs Mobilières (BRVM), one of the world’s most successful regional stock exchanges is coming to South Africa for the highly anticipated launch of its third BRVM Investment Days Roadshow. The BRVM investor tour will start in Johannesburg on 7 – 8 May, followed by roadshows in London, New York and Dubai. The Johannesburg event starts with an in-depth workshop on the future of African Agricultural Commodities Stock…

LONDON (Capital Markets in Africa)- There is set to be caution ahead during trading as eyes swivel to the Federal Reserve meeting, although falling inflation in the UK will provide some reassurance. Oil prices have ticked a little lower amid uncertainty over monetary policy while AI enthusiasm continues to give support to the tech sector. UK inflation bumps down, with relief for daily shop. With UK headline inflation taking a bigger bump down than expected…