News Archive

London close: Stocks rally as BoE stands pat on rates

17th Sep 2026 15:39

(Sharecast News) - London stocks rallied on Thursday after the Bank of England stood pat on interest rates as expected, but also signalled that hikes were on the cards.

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Deutsche Bank upgrades Kingfisher to 'hold'

17th Sep 2026 14:28

(Sharecast News) - Deutsche Bank upgraded B&Q and Castorama owner Kingfisher to 'hold' from 'sell' on Thursday and lifted the price target to 300p from 260p.

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FTSE 250 movers: Bytes Technology surges; Unite loses ground

17th Sep 2026 14:14

(Sharecast News) - London's FTSE 250 was 1.1% higher at 24,334.05 in afternoon trade on Thursday.

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FTSE 100 movers: Kingfisher boosted by upgrade; BP, Shell gush lower

17th Sep 2026 14:08

(Sharecast News) - London's FTSE 100 was up 0.8% at 10,770.93 in afternoon trade on Thursday.

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US open: Major indices climb despite Fed tightening as yields, oil prices retreat

17th Sep 2026 13:54

(Sharecast News) - Major indices pushed into the green on Thursday as softer Treasury yields and falling oil prices offset lingering nerves over the Fed's latest rate hike.

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US housing permits slip, starts hit lowest level since late 2025

17th Sep 2026 13:52

(Sharecast News) - US building permits and housing starts both declined in August, according to the Census Bureau, offering a softer read on construction activity even as regional trends diverged.

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US initial jobless claims drop by 10,000, unemployment drops to 1.1pc

17th Sep 2026 13:42

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 12 September, according to the Labor Department, extending recent resilience in the labour market.

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Boohoo says turnaround continuing 'at pace'

17th Sep 2026 13:04

(Sharecast News) - Boohoo said on Thursday that growth had accelerated in the second quarter as the company's turnaround continues "at pace".

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Broker tips: SSE, Man Group, Kingfisher

17th Sep 2026 12:39

(Sharecast News) - Analysts at Berenberg lifted their target price for energy provider SSE from 2,800p to 2,980p on Thursday, reiterating the stock as their top sector pick and arguing that the market was still failing to reflect the firm's "unprecedented, extended and highly visible" long‑duration growth opportunity.

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Europe midday: Stocks rise as oil prices ease; BoE keeps rates on hold

17th Sep 2026 12:29

(Sharecast News) - European stocks were still in the black by midday on Thursday as oil prices eased, and as the Bank of England left rates unchanged as expected.

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London midday: FTSE extends gains as BoE stands pat on rates

17th Sep 2026 12:17

(Sharecast News) - London stocks had extended gains by midday on Thursday after the Bank of England stood pat on interest rates, as expected.

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Director dealings: McBride CFO lowers stake

17th Sep 2026 12:11

(Sharecast News) - McBride said on Thursday that chief financial officer Marck Strickland had disposed of 110,000 ordinary shares in the London-listed household goods manufacturer.

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US pending home sales edge higher in August

17th Sep 2026 12:08

(Sharecast News) - US pending home sales edged higher in August, according to the National Association of Realtors, but remained down sharply on an annualised basis.

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Bank of England holds rates at 3.75% as expected

17th Sep 2026 12:07

(Sharecast News) - The Bank of England held interest rates at 3.75% on Thursday, as widely expected, for the sixth meeting in a row.

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US pre-open: Futures rebound after Fed's first rate hike in three years

17th Sep 2026 11:44

(Sharecast News) - Wall Street futures were in the green ahead of the opening bell on Thursday after the Federal Reserve announced its first interest rate hike in three years.

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