London close: Stocks sink as UK jobless rate rises
12th Nov 2024 16:39
(Sharecast News) - London stocks fell sharply on Tuesday as investors digested recent UK employment data alongside broader market reactions to Donald Trump's US presidential victory last week.
Read moreLondon close: Stocks maintain gains ahead of UK jobs data
11th Nov 2024 16:57
(Sharecast News) - London markets closed higher on Monday, with Croda International among the leaders after the specialty chemicals company reported a strong third-quarter sales update.
Read moreBurberry on brink of being taken over by Italy's Moncler - report
11th Nov 2024 07:21
(Sharecast News) - Luxury fashion brand Burberry is reportedly on the brink of being bought by Italy's Moncler.
Read moreRBC Capital ups Burberry to 'outperform', hikes price target
6th Nov 2024 08:00
(Sharecast News) - RBC Capital Markets upgraded Burberry on Wednesday to 'outperform' from 'sector perform' and hiked the price target to 900p from 650p.
Read moreLondon close: Stocks turn negative as Americans head to the polls
5th Nov 2024 16:41
(Sharecast News) - London stocks closed lower on Tuesday, with caution dominating markets as US voters headed to the presidential polls.
Read moreLondon close: Stocks mixed on eve of US presidential election
4th Nov 2024 15:13
(Sharecast News) - London markets closed with mixed results on Monday, as investors prepared for a week laden with key political and economic events, including the upcoming US presidential election and anticipated policy statements in both the UK and US.
Read moreMoncler said to consider bid for Burberry, shares rally
4th Nov 2024 08:57
(Sharecast News) - Burberry shares shot higher on Monday after online fashion publication Miss Tweed suggested over the weekend that Italy's Moncler could be considering a bid for the luxury fashion brand.
Read moreLondon close: Stocks down on corporate earnings, Budget fallout
31st Oct 2024 15:59
(Sharecast News) - London stocks ended Thursday in negative territory, weighed down by corporate earnings releases and the market's response to the new Labour government's budget unveiled on Wednesday.
Read moreLondon close: Stocks mixed after barrage of corporate updates
24th Oct 2024 09:37
(Sharecast News) - London's stock markets ended Thursday with mixed results, with the top-flight index held aloft by strong earnings reports from major companies like Unilever and Barclays, as investors digested a slew of US data.
Read moreLondon close: Stocks mixed as government borrowing rises
22nd Oct 2024 15:23
(Sharecast News) - London stocks saw a mixed performance on Tuesday, with investors digesting the latest data on government borrowing ahead of next week's Budget.
Read moreShares fall after LVMH sales disappoint
16th Oct 2024 10:20
(Sharecast News) - Shares in Europe's luxury goods firms came under pressure on Wednesday, after third-quarter numbers from France's LVMH missed expectations.
Read moreLondon close: Stocks finish lower on China stimulus disappointment
8th Oct 2024 16:06
(Sharecast News) - London markets ended Tuesday on a weaker note, weighed down by investor disappointment over the absence of new stimulus measures from China.
Read moreJPMorgan expects 'muted trends' from Q3 luxury earnings season
8th Oct 2024 14:14
(Sharecast News) - Burberry's stock was out of favour on Tuesday as demand concerns were weighing on the wider European luxury sector, with earlier optimism surrounding stimulus measures from China quickly fading.
Read moreStifel cuts Burberry price target, sales forecasts
3rd Oct 2024 11:04
(Sharecast News) - Burberry was under the cosh on Thursday as Stifel cut its price target on the shares to 720p from 800p and reduced its FY25 and FY26 sales forecasts by 8% and 10%, respectively.
Read moreLondon close: Stocks rise as US PCE inflation slows
27th Sep 2024 16:58
(Sharecast News) - London stocks closed higher on Friday as investors digested a slowdown in the Federal Reserve's preferred inflation measure.
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