London close: Stocks turn weaker ahead of busy week for earnings
29th Jan 2024 17:25
(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.
Read moreAir Astana set to raise $120m by floating in London and Kazakhstan
29th Jan 2024 07:51
(Sharecast News) - Air Astana, the flag carrier of Kazakhstan part-owned by BAE Systems that is applying for a dual listing in London and Almaty next month, has set a price for its IPO which is expected raise gross proceeds of $120m.
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 midday: Stocks reverse gains to turn lower at lunchtime
28th Dec 2023 12:27
(Sharecast News) - London's stock markets had turned negative by lunchtime on Thursday, reflecting a subdued trading environment during the typically quiet period between Christmas and New Year.
Read moreBerenberg raises target price on BAE Systems
20th Dec 2023 09:22
(Sharecast News) - Analyst at Berenberg raised their target price on aerospace and defence firm BAE Systems from 1,170.0p to 1,220.0p on Wednesday, stating the group was primed for "another good year".
Read moreLondon close: Stocks finish higher ahead of Fed decision
13th Dec 2023 15:02
(Sharecast News) - London markets remained in positive territory by the close of Wednesday after weak UK GDP data led investors to anticipate a potential rate cut from the Bank of England.
Read moreBAE Systems secures $8.8bn US Army contract
13th Dec 2023 10:24
(Sharecast News) - British defence group BAE Systems has secured an $8.8bn contract to run an ammunition plant for the US Army.
Read moreLondon close: Stocks make small gains on quiet Thursday
23rd Nov 2023 16:09
(Sharecast News) - London's stock markets saw a positive turnaround by the end of the day on Thursday despite subdued trading activity due to the Thanksgiving holiday in the United States.
Read moreJPMorgan lifts BAE Systems price target
23rd Nov 2023 09:00
(Sharecast News) - JPMorgan Cazenove lifted its price target on BAE Systems on Thursday to 1,300p from 1,150p, after hosting the company's chief executive and chief financial officer at its UK Leaders Conference.
Read moreLondon close: Stocks firmer ahead of key inflation readings
13th Nov 2023 14:33
(Sharecast News) - London markets closed in a resilient state on Monday, maintaining positive momentum from the end of last week after solid gains on Wall Street on Friday.
Read moreBAE Systems keeps guidance after strong third quarter
13th Nov 2023 07:16
(Sharecast News) - Security and aerospace giant BAE Systems said it is trading in line with expectations after a strong third quarter, with £10bn in orders booked since the half-year stage.
Read moreLondon close: Stocks tumble on Powell comments as GDP stagnates
10th Nov 2023 15:45
(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.
Read moreSunday newspaper round-up: Middle East, Heathrow, Aviva
5th Nov 2023 21:39
(Sharecast News) - The conflict in the Middle East and the resulting humanitarian crisis could trigger a global recession by compounding the challenges that are already facing the precarious world economy. That is the diagnosis of two of the biggest names on Wall Street. Larry Fink, who heads asset manager BlackRock, believes the 7 October Hamas atrocities, the attack on Gaza and the Ukraine invasion mean the world has been pushed to "almost a whole new future". For his part, J.P.Morgan head Jamie Dimon said that: " [...] these geopolitical matters are very serious - arguably the most serious since 1938." - Guardian
Read moreLondon close: Stocks weaker amid Gaza tensions, hot US producer prices
11th Oct 2023 15:01
(Sharecast News) - Stocks in London ended in the red on Wednesday, impacted by heightened concerns regarding global inflation and ongoing situations in the Middle East.
Read moreLondon close: Stocks slip into red on growing Middle East concerns
9th Oct 2023 15:40
(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.
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