London 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 moreLondon close: Stocks manage positive finish after mixed session
8th Jan 2024 16:38
(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.
Read moreLondon close: Stocks firmer as US payrolls beat forecasts
8th Dec 2023 17:42
(Sharecast News) - London's financial markets closed positively on Friday as investors digested the latest non-farm payrolls report out of the United States.
Read moreBerkeley pulls plug on new investment as half-year profits rise
8th Dec 2023 07:19
(Sharecast News) - UK housebuilder Berkeley Group has decided to not invest in any new developments due to the adverse planning and regulatory environment, and instead focus on "financial strength" following a rise in profits in the first half.
Read moreBerkeley holds guidance despite 34% slump in reservations
8th Sep 2023 07:04
(Sharecast News) - UK housebuilder Berkeley on Friday reaffirmed full-year earnings guidance but said private sales reservations were down 35% due to rising interest rates and political volatility.
Read moreLondon close: Stocks slip on rising oil price concerns
6th Sep 2023 17:43
(Sharecast News) - London's stock markets closed in negative territory on Wednesday, as a significant rise in oil prices fuelled investor concerns over inflation.
Read moreUK construction tough but buying opportunities exist, says Berenberg
4th Sep 2023 08:03
(Sharecast News) - Broker Berenberg expects the UK construction market to flatline in 2024 before returning to growth, and highlighted a number of key buying opportunities for investors.
Read moreBerkeley Group FY profits rise but outlook cautious
21st Jun 2023 07:17
(Sharecast News) - Housebuilder Berkeley Group posted a 9.5% jump in full-year pre-tax profit on Wednesday but struck a cautious note over the outlook.
Read moreUBS ups ratings on Crest Nicholson, Persimmon and Vistry
12th Jun 2023 12:22
(Sharecast News) - UBS has upgraded Crest Nicholson, Persimmon and Vistry Group in its latest review of UK housebuilders.
Read moreJPMorgan remains 'cautious' of UK housebuilders
18th Apr 2023 09:23
(Sharecast News) - Analysts at JPMorgan said on Tuesday that they were still "cautious" of the UK housebuilding sector despite it outperforming the market year-to-date.
Read moreHSBC upgrades housebuilders, says market downturn more than priced in
13th Apr 2023 08:11
(Sharecast News) - HSBC upgraded its stance on a host of housebuilders on Thursday as it argued that a downturn in the housing market and tepid recovery in return on invested capital are more than priced in to the shares.
Read moreBerkeley Group trading in line amid softer demand
10th Mar 2023 07:14
(Sharecast News) - Berkeley Group said in a trading update on Friday that its current trading was in line with the levels it identified in December.
Read moreLiberum downgrades Taylor Wimpey on valuation grounds
6th Feb 2023 10:46
(Sharecast News) - Liberum downgraded Taylor Wimpey on Monday as it took a look at the UK housebuilding sector.
Read moreBerkeley Group backs FY guidance even as H1 profits fall
9th Dec 2022 07:59
(Sharecast News) - Housebuilder Berkeley backed its full-year profit outlook on Friday even as it posted a drop in first-half profits.
Read moreHousing market slows in wake of mini budget
28th Nov 2022 10:08
(Sharecast News) - House price inflation slowed last month, an industry survey showed on Monday, as demand slumped following the mini-budget and homeowners cut asking prices to secure sales.
Read more