FTSE 250 Index

Wall Street banks name UK stocks to benefit from a Labour Party win

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Wall Street banks name UK stocks to benefit from a Labour Party win

The U.K.’s center-left Labour Party has won a substantial parliamentary majority in the country’s general election, unseating the incumbent Conservatives after 14 years. Analysts from investment banks have named stocks and indexes that are likely to benefit as the transfer of power happens in the U.K. FTSE 100 versus FTSE 250 Citi’s European equity strategist … Read more

UK stocks are outperforming the U.S., one CIO says they look ‘cheap’

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UK stocks are outperforming the U.S., one CIO says they look ‘cheap’

U.K. stocks are finally turning a corner after years of underperformance, according to one chief investment officer, who stressed that valuations are looking “very cheap.” The U.K. FTSE 100 is up around 11% over the last three months, while the broader FTSE 250 index is more than 9% higher. In comparison, the U.S.’ S&P 500 … Read more