London close: Stocks finish lower as US payrolls top forecasts
5th Apr 2024 15:22
(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawkish remarks from Federal Reserve officials, and escalating tensions in the Middle East.
Read moreBerenberg lifts Admiral price target
11th Mar 2024 14:49
(Sharecast News) - Admiral rallied on Monday as Berenberg lifted its price target on the shares to 2,973p from 2,961p after results last week.
Read moreLondon close: Stocks mixed as investors look to US inflation data
11th Mar 2024 14:48
(Sharecast News) - London markets closed in a mixed state on Monday, reflecting a broader trend of cautious trading after a primarily weaker session in Asian markets overnight.
Read moreAdmiral profits jump as customer numbers expand
7th Mar 2024 08:35
(Sharecast News) - Admiral Group reported a group profit before tax of £442.8m in its annual results on Thursday, making for an increase of 23% from the prior year.
Read moreJPMorgan turns more positive on Direct Line and Admiral
25th Jan 2024 10:21
(Sharecast News) - Shares in UK motor insurers Direct Line Group and Admiral were rising on Thursday after positive comments from JPMorgan, which said that a sector recovery is imminent and that investor concerns about regulatory intervention are overdone.
Read moreLondon close: Stocks manage gains after deluge of updates
18th Jan 2024 15:14
(Sharecast News) - London's stock markets managed a positive finish amid subdued trading activity on Thursday, with investors digesting a plethora of corporate news.
Read moreLondon close: Stocks slip after surprise jump in UK inflation
17th Jan 2024 15:03
(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.
Read moreLondon close: Stocks slip as investors brace for US inflation
10th Jan 2024 15:23
(Sharecast News) - London stocks closed with losses on Wednesday, influenced by a pessimistic growth outlook from the World Bank and investors' attention to upcoming US inflation data.
Read moreInsurers Admiral, Direct Line tumble on premium financing woes
10th Jan 2024 11:48
(Sharecast News) - Insurers Admiral and Direct Line tumbled on Wednesday amid concerns of a potential clampdown on premium financing.
Read moreLondon close: Stocks finish weaker amid uninspiring data
21st Dec 2023 16:03
(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, despite a rebound on Wall Street in early trading, as investors digested lacklustre government borrowing and retail sales data.
Read moreBerenberg lowers Admiral to 'hold'
21st Dec 2023 09:01
(Sharecast News) - Analyst at Berenberg downgraded insurance group Admiral from 'buy' to 'hold' on Thursday but raised its target price on the stock from 2,543.0p to 2,961.0p, stating it was now "pausing for breath".
Read moreLondon close: Stocks slip ahead of FOMC minutes, Autumn Statement
21st Nov 2023 15:19
(Sharecast News) - London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday's Autumn Statement.
Read moreCiti double upgrades Admiral to 'buy'
21st Nov 2023 07:16
(Sharecast News) - Citi upgraded Admiral on Tuesday to 'buy' from 'sell' as it said its 'Deep Dive' report had suggested consensus is too conservative on the impacts of recent pricing on topline estimates and the implications of the Ogden discount rate changes in 2024.
Read moreLondon close: Stocks mixed as weaker pound lifts FTSE 100
7th Sep 2023 15:57
(Sharecast News) - London's stock market presented a mixed close on Thursday, with the bourse's top-flight index ending in positive territory, buoyed by a weakening pound.
Read moreLondon midday: Stocks slip as core inflation stays high
16th Aug 2023 11:23
(Sharecast News) - UK stocks were trading at five-week lows on Wednesday despite some big gains from blue-chip insurers, with market sentiment hit by fears that the Bank of England may step in to raise interest rates once again.
Read more