Evening Standard
UK · 47 mins ago
London stocks mixed amid weak tech but FTSE 100 edges up
London’s FTSE 100 nudged higher on Tuesday, outperforming European and US peers, despite fresh falls among technology stocks and renewed tension in the Middle East.The FTSE 100 closed up 14.11 points, 0.1%, at 10,665.88. The FTSE 250 ended down 125.40 points, 0.5%, at 23,378.82, while the AIM All-Share fell 9.56 points, 1.2%, at 769.18.In European equity markets on Tuesday, the Cac 40 in Paris ended down 0.5%, while the Dax 40 fell 1.4% in Frankfurt.Tech weakness came after Samsung Electronics closed down 6.9% despite forecasting a bumper increase in second quarter profit.Kathleen Brooks, research director at XTB, said: “Samsung earnings could be a warning sign to the US. Although the South Korean company delivered a 19-fold increase in Q2 profit year-on-year, the stock sunk… as investors
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