Johnson on State Pension

Johnson on State Pension

Boris Johnson makes new commitment to triple lock pension

Read more
Royal Fury

Royal Fury

meltdown after Prince George birthday message exposed

Read more
Man U for the Win

Man U for the Win

Manchester United already know their blueprint to beat Chelsea

Read more
Homepage / Business / FTSE 100 LIVE: UK stocks SOAR as coronavirus vaccine resumes phase 3 trials
Woman in critical condition after being hit by van on Scots road French priest shot outside his church in Lyon as cops launch hunt for gunman Before Laxmmi Bomb, THESE Bollywood films changed their titles after embroiling in controversy Allu Arjun BEATS Prabhas to become the most loved male Tollywood star on social media Bigg Boss 14 Weekend Ka Vaar Live Updates: Salman Khan schools Rahul Vaidya for calling Jaan Kumar Sanu a product of nepotism PIP and work: Can you claim PIP if you are working? Man arrested in Dublin after gardaí seize €269,000 worth of drugs, including crack cocaine Inheritance tax to be affected by new law arriving in 2021 – grandparents may be hit Flowers by Dee Collins Boris Johnson Set To Announce National Lockdown For England, Reports Suggest FTSE 100 LIVE: London’s top index suffers worst week since June as £72 billion wiped off Hairmyres Hospital blaze drama as 3 fire engines respond to late night incident Rishi Sunak’s Plan for Jobs scheme unveils latest update as 4,500 Work Coaches are hired Martin Lewis explains how ‘tricky’ tax payments on miss sold PPI pay-outs can be reclaimed Family of Team GB runner Chris Smith say he died ‘doing what he loved’ Bigg Boss 14, Day 23, Preview: Rubina questions Pavitra’s character; Rahul accuses Jasmin of character assasination Monalisa looks breathtaking in her all-blue outfit for a store launch – view pics Bigg Boss 14, Day 22, Twitter Reactions: Priya Malik says ‘very silly of Kavita Kaushik to blame Eijaz Khan for her lack of friendships’ FTSE 100 LIVE: Index closes DOWN as coronavirus resurgence terrifies markets What Solskjaer told Rashford before Man Utd hat-trick vs RB Leipzig Victor Lindelof praises Man United ‘game changer’ vs RB Leipzig Prince Philip’s ‘addictive’ new hobby creates a unique bond with Prince Louis Greenwood dedicates Man United goal to former City player Jeremy Wisten Queen urged to spend Christmas Day with Prince Charles and William as Harry snubbed Stardust depiction of David Bowie ‘not an impersonation’, says director Tracey Emin: I hope to ‘get past Christmas’ following cancer diagnosis Man Utd star Alex Telles tests positive for coronavirus as Solskjaer explains absence Man Utd boss Ole Gunnar Solskjaer reacts to Marcus Rashford heroics in RB Leipzig win Meghan Markle and Harry ultimatum: ‘Time to stop talking and start working’ – expert Prince Charles and Camilla make rare visit to Bank of England amid second wave worries Meghan Markle and Prince Harry’s ‘wonderful’ election speeches show ‘civic duty’ TestCard starts at-home health revolution with UTI check Alex Salmond says remit of probe into Nicola Sturgeon should be widened Universal Credit: Minister hints at incoming changes as benefit ‘can always be reviewed’ SEISS third grant: When is the next Self-Employment Income Support Scheme grant paid? Bigg Boss 14: Karan Patel, Kamya Panjabi and VJ Andy REACT to Jasmin Bhasin and Rahul Vaidya’s fight Amitabh Bachchan’s grandson, Agastya Nanda makes his Instagram debut; Alia Bhatt, Suhana Khan question his quirky captions Shraddha Kapoor is the new Naagin of the big screen FTSE 100 LIVE: British FTSE index to open 27 points LOWER amid coronavirus and Brexit fear Tributes paid to Shotts community champ described by family as their “hero” Nigella Lawson Doesn’t ‘Take For Granted’ That She’s Still Alive At 60 FTSE 100 LIVE: Brexit deal ‘won’t change’ markets -pound ‘fails to lift’ despite good news First Minister’s briefing: Lanarkshire sets new weekly record for Covid cases ‘Soviet gulag’ homeless hostel in Glasgow on market as ‘development opportunity’ Council tax rate: What council tax band am I? How to check Furlough warning: Fraud and scams ‘are sure to continue’ as new HMRC data comes to light #NehuDaVyah: Rohanpreet Singh displays his mehendi, with Neha Kakkar’s name written on his palm — watch video Bigg Boss 14: Eijaz Khan recalls falling in love with a co-dancer on tours during his struggling days Rana Daggubati and Miheeka Bajaj make for a gorgeous couple at their first Dussehra celebrations Factory demand still not reflected in price rises as supplies remain strong Instagram changes nudity policy after campaign by plus-sized model Will the UK have a second recession? Economists warn of ‘double dip’ FTSE 100 LIVE: China set for consumption rebound as coronavirus curb fades Meghan Markle and Prince Harry told ‘they can’t have it both ways’ after Royal Family exit Prince Harry and Meghan Markle set new royal precedent with Archie Harrison title decision Meghan Markle’s new neighbour made scathing comment about her wedding dress – ‘Kate won!’ Piers Morgan compares Meghan and Harry’s Netflix shows to ‘root canal’ in scathing attack Manchester United manager Solskjaer sends message over Daniel James form Man City player Eric Garcia defends Pep Guardiola decisions Royal heartbreak as Eugenie and Beatrice ‘remind Queen of family devastation’ Marcus Rashford named Pride of Britain as fight for hungry kids continues Man Utd flop Memphis Depay pays tribute to Virgil van Dijk during Lyon goal celebration Man Utd boss Ole Gunnar Solskjaer picks biggest positive from Chelsea draw Nicola Sturgeon in rallying cry as she says pandemic could end in ‘few months’ National Lottery results: Your Lotto winning numbers for Saturday October 24 Ridhima Pandit dazzles in her saree avatar this Navratri Naagin 5, 24th October 2020, written update: Dheeraj Dhoopar aka Shakura kidnaps Surbhi Chandna aka Bani to marry her Bigg Boss 14: Fans trend Gauahar Won Hearts to celebrate the stint of the diva inside the house Thousands Sign Petition Against Non-Essential Items Ban In Welsh Supermarkets Universal Credit claimants could get £1,200 boost paid into bank account – warning to note President Trump continues to push on Joe Biden’s oil comments Free bus pass rules have changed in one part of UK due to state pension age changes Strictly Come Dancing set for return of live shows FTSE 100 LIVE: Dollar soars following explosive Trump vs Biden US presidential debate The Prom trailer: Meryl Streep, Nicole Kidman dance and shine in this adaptation of the Broadway show Bigg Boss 14: ‘Lakhon log Sidharth Shukla bane ghum rahe hai’ says Kamya Punjabi as she unknowingly tags wrong account while praising him Popular soft play facility under threat of closure due to pandemic Naagin 5: Sharad Malhotra or Dheeraj Dhoopar — who looks the best on screen with Surbhi Chandna? — vote now Dealer caught with £16k of cannabis told cops it was ‘gifted to him by friend’ Cold Weather Payment: DWP unveils support for Britons this winter – are you eligible? Last orders in Greater Manchester as pubs close for last time before Tier 3 State Pension: Can I claim State Pension in more than one country? Man City transfer news RECAP Man United ‘rival Chelsea and Bayern for Zakaria’ and more rumours Man Utd hero Ryan Giggs compares new signing Alex Telles to Liverpool duo Prince Charles holds special meeting in place of Queen as he prepares for future as King Royal news: King and Queen sit down in unprecedented video apology following COVID blunder Tier 2 grants: Who is eligible? How do I apply? Man Utd, Liverpool, Arsenal and Chelsea to be impacted by new Premier League rule change Prince Philip health fears: ‘Proud’ Duke ‘makes massive effort’ before public appearances Princess Anne Christmas heartbreak as she’s forced to choose between Zara Tindall & Peter Queen heartbreak: Meghan Markle and Prince Harry issued Christmas orders – ‘Enough snubs!’ FTSE 100 LIVE: EU stocks plummet over coronavirus – Sunak to make major announcement Prince William Got Trolled By KFC And It’s Finger-Lickin’ Funny How perfect storm of patient privacy, long phone calls and recruitment issues is causing our contact tracing system to fail The Left Wing: ‘They broke the rule for Johnny Sexton’ – is it time for Ireland to end overseas exile? Bigg Boss 14 promo: Nikki Tamboli, Jasmin Bhasin, Jaan Sanu cry incessantly as Bigg Boss announces eviction — watch video Shweta Tiwari’s hot avatar in a white bikini leaves Divyanka Tripathi in awe Vanitha Vijayakumar opens up on her marital woes with Peter Paul, says in tears, ‘It seems he loves alcohol more than me’ Oxwash’s green tech puts new spin on laundries

Business

FTSE 100 LIVE: UK stocks SOAR as coronavirus vaccine resumes phase 3 trials

Vaccine hopes boosted shared, but  entiment was still cautious ahead of a big week of central bank meetings in UK, Japan and the United States.

AstraZeneca announced it has resumed British clinical trials of its COVID-19 vaccine at the weekend, after getting the green light from safety watchdogs.

This is one of the most advanced in development.

The late-stage trials of the experimental vaccine, developed with researchers from the University of Oxford, were suspended last week after an illness in a study subject in Britain, casting doubts on an early rollout.

{%=o.title%} ]]>

A vaccine has long been awaited to help pull the world out of a coronavirus-induced lockdown.

“The reopening of the global economy is enticing us to recommend a trade going long a basket of 14 laggard ‘back to work’ stocks versus a basket of 14 high-flying ‘COVID-19 winners’,” BCA Research wrote in a note.

“While we maintain a cyclical and secular bullish outlook on the broad market, a short-term correction due to technical and (geo) political reasons is likely on the cards,” it said

“A playable short-term pullback is in order.”

FOLLOW EXPRESS.CO.UK BELOW FOR LIVE UPDATES:

Asian shares soar as coronavirus vaccine resumes phase 3 trials

Asian shares soar as coronavirus vaccine resumes phase 3 trials (Image: GETTY)

6pm update: Offshore oil wells and ports shut as Hurricane Sally descends on US

Energy companies, ports and refiners have raced to shut down as Hurricane Sally bores in on the central US Gulf Coast, the second significant hurricane to shutter oil and gas activity over the last month.

Sally was upgraded to a hurricane on Monday, the US National Hurricane Center (NHC) said, but its trajectory has shifted east towards Mississippi, likely sparing some of Louisiana’s refining operations.

The hurricane is disrupting oil imports and exports, as the nation’s sole offshore terminal, the Louisiana Offshore Oil Port, stopped loading tanker ships on Sunday, while the port of New Orleans is closing Monday.

Numerous offshore production facilities have been shut, including those operated by Chevron Corp and BP Plc.

As of 12.05 pm EDT (5.05pm BST), Sally was about 135 miles (220 km) east-southeast of the mouth of the Mississippi River, with winds up to 85 mph (140 km/h).

5.00pm update: FTSE closed

The FTSE-100 index at the close was down 5.84 at 6026.25.

The FTSE Mid-250 index closed up 121.39 at 17677.26.

4.30pm update: Wall Street climbs

Wall Street’s major indexes climbed on Monday on a boost from technology stocks.

Markets were also boosted by signs of progress in developing a COVID-19 vaccine.

Nvidia Corp jumped 6.7% on plans to buy UK-based chip designer Arm from Japan’s SoftBank Group Corp for as much as $40 billion.

The Philadelphia SE chip index rose 2.4%.

All major S&P sectors were higher with technology leading the charge with a 2.3% increase.

3.15pm update: Brexit crisis after Boris’s threat

Boris Johnson’s Internal Market Bill has sparked chaos in Europe.

In currency markets, sterling bounced off recent 1-1/2 month lows against the dollar ahead of the parliamentary debate.

Deutsche Bank strategist Jim Reid: “The question will be how many Conservative MPs (members of parliament) rebel on the matter.”

2.45pm update: FTSE still down

The FTSE-100 index at 2:45pm was down 12.80 at 6019.29.

12.45pm update: Expert reacts to markets

Seema Shah, chief strategist at Principal Global Investors, reacted to the markets on Monday.

Shah said: “There is still some caution in markets because US virus numbers appear to be picking up again in some states.

“The vaccine is positive news but there is a lot of scepticism about when it comes in and how widely it will be adopted.”

12.30pm update: Limited gains despite vaccine hopes

World stocks nudged higher on Monday on hopes for a coronavirus vaccine.

It came after AstraZeneca resumed its phase-3 trial.

But, the gains were limited ahead of a host of central bank meetings this week.

11.45am update: FTSE down

The FTSE-100 index at 11:45am was down 11.35 at 6020.74.

11.00am update: Morning’s gains wiped out

FTSE’s morning gains have been wiped out following a sharp slump.

The UK index rose from yesterday’s close of 6,032 to 6,074 in just 15 minutes this morning.

However it has since plummeted below open, now sitting at 6,017.

9.15am update: European markets start strong

Like FTSE, European markets have started the day brightly.

Euronext 100 is up 0.70%, CAC 40 is up 0.77%, DAX is up 0.53% and Swiss Market Index is up 0.30%.

8.20am update: FTSE soars on open

FTSE has soared on open this morning, growing 70 points in just a matter of minutes.

The UK index closed at 6,043 on Friday afternoon, after a productive week during which it rose from 5,799.

This morning the index has continued its bright form, rising from 6,043 to 6,076.

Comments are closed.