What is the main topic?

The article discusses the FTSE 100's performance and significant stock movements, particularly CMC Markets' share drop.

What caused CMC Markets' share drop?

CMC Markets' shares fell 16.7% due to a muted forecast that disappointed investors.

What are investors focusing on now?

Investors are focusing on economic data, corporate earnings, and upcoming monetary policy decisions.

Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Finance > FTSE 100 stalls after record run; CMC Markets tumbles

Finance

FTSE 100 stalls after record run; CMC Markets tumbles

Published by Global Banking & Finance Review®

Posted on January 23, 2025

4 min read

Last updated: January 27, 2026

FTSE 100 Nears Record High; CMC Markets Shares Drop

(Reuters) - The UK's FTSE 100 rose on Thursday, ending just short of a fresh record high as investors sought clarity on U.S. President Donald Trump's trade policies, while shares in trading companies CMC Markets and IG Group tumbled after results.

The blue-chip index gained 0.2% to 8,565 points, having touched an all-time high of 8,584 points on Wednesday. The FTSE 250 midcap index eased 0.2%.

Stock investors took comfort this week as Trump held off imposing hefty tariffs on his first day in the office and announced big investments in artificial intelligence infrastructure, sparking a rally in global tech shares.

The focus is now on economic data, corporate earnings and remarks from Trump later in the day.

In earnings-driven moves, CMC Markets dropped 16.7% after the trading platform's muted forecast fell short of investors' heightened expectations following upbeat projections from industry peers.

Peer IG Group slipped 6.4% despite the online trading platform posting a 30% rise in its first-half profit.

Inchcape dropped 13.3% after J.P. Morgan downgraded the auto distributor to "neutral" from "overweight".

The FTSE 100-listed Associated British Foods dropped about 3% after it reported weak trading in its main UK market in the Christmas quarter and cut annual sales forecast for its Primark budget fashion retailer.

Investors meanwhile are awaiting a slew of monetary policy decisions including the Federal Reserve and the European Central Bank next week and the Bank of England (BoE) in early February.

Data last week showed British inflation slowed unexpectedly last month and core measures of price growth - tracked by the BoE - fell more sharply, cementing bets on an interest rate cut next month.

Traders are putting an 82% chance of a first quarter-point reduction on Feb. 6 and have fully priced in at least two rate cuts this year.

An industry survey on Thursday showed a sharp downturn in British factory activity eased only slightly in January and optimism among manufacturers sagged to its lowest level in over two years.

British finance minister Rachel Reeves told Reuters that she would announce changes if necessary in March to meet the government's fiscal rules.

| Category | Description ||------------------------------|------------------------------------------------|| Related Prices | || - UK Stock Report | [.L] || - FTSE Index | || - techMARK 100 Index | || - FTSE Futures | || - Gilt Futures | || - Smallcap Index | || - FTSE 250 Index | || - FTSE 350 Index | || - Market Digest | || - Top 10 by Volume | || - Top Price Gainers | || - Top % Gainers | || - Top Price Losers | || - Top % Losers | || Related News | || - UK Hot Stocks | [HOT] and [GB] || - Wall Street | [.N] || - Gilts Report | [GB/] || - Euro Bond Report | [GVD/EUR] || - Pan European Stock Report | [.EU] || - Tokyo Stocks | [.T] || - HK Stocks | [.HK] || - Sterling Report | [GBP/] || - Dollar Report | [USD/] || Company Prices | || - Company Directory | || - By Sector | || Pan-European Market Data | || - European Equities Speed Guide | || - FTSE Eurotop 300 Index | || - DJ STOXX Index | || - Top 10 STOXX Sectors | || - Top 10 EUROSTOXX Sectors | || - Top 10 Eurotop 300 Sectors | || - Top 25 European % Gainers | || - Top 25 European % Losers | |

(This story has been refiled to fix table formatting)

(Reporting by Sruthi Shankar and Medha Singh in Bengaluru; Editing by Vijay Kishore and Hugh Lawson)

FTSE 100 stalls after record run; CMC Markets tumbles

Quick Summary

FTSE 100 Nears Record High; CMC Markets Shares Drop

Key Takeaways

Frequently Asked Questions about FTSE 100 stalls after record run; CMC Markets tumbles