Advertisement
UK markets close in 1 hour 29 minutes

  • FTSE 100

    8,327.86
    +114.37 (+1.39%)
     

  • FTSE 250

    20,390.01
    +225.47 (+1.12%)
     

  • AIM

    776.96
    +5.43 (+0.70%)
     

  • GBP/EUR

    1.1647
    -0.0012 (-0.10%)
     

  • GBP/USD

    1.2558
    -0.0006 (-0.05%)
     

  • Bitcoin GBP

    50,296.78
    -546.13 (-1.07%)
     

  • CMC Crypto 200

    1,317.14
    -47.99 (-3.51%)
     

  • S&P 500

    5,186.93
    +6.19 (+0.12%)
     

  • DOW

    38,934.31
    +82.04 (+0.21%)
     

  • CRUDE OIL

    77.96
    -0.52 (-0.66%)
     

  • GOLD FUTURES

    2,327.20
    -4.00 (-0.17%)
     

  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     

  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     

  • DAX

    18,373.56
    +198.35 (+1.09%)
     

  • CAC 40

    8,058.77
    +62.13 (+0.78%)
     
Money:

The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

STOCKS NEWS EUROPE-UK small caps advance 0.3 percent

Reuters - UK Focus

UK small caps are up 0.3 percent in morning dealings, while junior-listed AIM shares are up 0.5 percent, against a 0.3 percent rise for the blue chips.

Online fashion retailer ASOS (Other OTC: ASOMY - news) gains 3 percent ahead of its results next week on positive broker comments, with HSBC (LSE: HSBA.L - news) sharply raising its target price for the stock to 7,160 pence from 4,380 pence with an "overweight" rating.

Panmure Gordon reiterates its "buy" recommendation for ASOS and a target price of 5,950 pence, implying a potential rise of about 14 percent.

"We expect UK growth rates to moderate in FY 2014E and International to accelerate," Panmure writes in a note.

ADVERTISEMENT

Brooks Macdonald, the AIM-listed wealth management group, gains 3.7 percent after saying that funds under management for the quarter ended September 30 rose more than 5 percent from the previous quarter.

Reuters messaging rm://atul.prakash.thomsonreuters.com@reuters.net