London close: Stocks rise as US jobless claims reach four-month low
26th Sep 2024 15:13
(Sharecast News) - London markets ended Thursday on a positive note, as investors reacted to a four-month low for US jobless claims, and renewed support measures from China.
Read moreLondon close: Stocks slip after week of global rate decisions
20th Sep 2024 15:09
(Sharecast News) - London's stock markets closed lower on Friday, weighed down by a mix of declining consumer confidence and recent central bank rate decisions.
Read moreJefferies downgrades Burberry, slashes price target
20th Sep 2024 08:51
(Sharecast News) - Jefferies downgraded Burberry on Friday to 'underperform' from 'hold' and slashed the price target to 490p from 800p as it took a look at European luxury brands.
Read moreLondon close: Stocks finish higher as BoE holds rates
19th Sep 2024 16:03
(Sharecast News) - London stocks closed higher on Thursday, buoyed by the Bank of England's widely-expected decision to leave interest rates unchanged.
Read moreLondon close: Stocks rebound from last week's losses
9th Sep 2024 16:02
(Sharecast News) - London's markets finished in a positive state on Monday, recovering from heavy losses at the end of last week after a disappointing US non-farm payrolls report.
Read moreBurberry, Kering slump on Barclays downgrades
9th Sep 2024 09:55
(Sharecast News) - Luxury brands Burberry and Kering slumped on Monday as Barclays downgraded its stance on the shares to 'underweight' from 'equalweight' on structural concerns related to China.
Read moreLondon close: Stocks mixed as investors digest US inflation reading
30th Aug 2024 15:05
(Sharecast News) - London markets ended Friday with mixed results as investors assessed a series of economic data from the UK and the US.
Read moreLondon close: Stocks slip as investors await Nvidia results
28th Aug 2024 15:00
(Sharecast News) - London stocks ended slightly down on Wednesday, with investors showing restraint ahead of crucial earnings from US chipmaker Nvidia.
Read moreLondon close: Stocks end turbulent week on positive note
9th Aug 2024 16:01
(Sharecast News) - London's stock markets ended the week on a high note, after stronger-than-expected US jobless claims data on Thursday alleviated concerns about the health of the American economy.
Read moreLondon close: Stocks pare some losses as UK private sector expands
24th Jul 2024 15:01
(Sharecast News) - London's stock markets ended Wednesday in negative territory, with a late recovery fueled by better-than-expected data from the UK's private sector failing to lift equities above the waterline.
Read moreFriday preview: UK consumer, Burberry in focus
18th Jul 2024 09:00
(Sharecast News) - The market spotlight at the end of the week will be on the UK consumer.
Read moreLondon close: Stocks finish mixed on China demand concerns
16th Jul 2024 15:35
(Sharecast News) - London stocks finished with a mixed performance on Tuesday as investors weighed global political and economic risks, with the likes of Rio Tinto and Burberry remaining below the waterline.
Read moreLondon close: Stocks slide on China data, Burberry warning
15th Jul 2024 12:46
(Sharecast News) - London stocks ended Monday in negative territory, influenced by weaker-than-expected Chinese GDP figures and a profit warning from luxury fashion house Burberry.
Read moreBurberry axes dividends, sees H1 loss as sales slump
15th Jul 2024 07:02
(Sharecast News) - Shares in luxury goods maker Burberry on Monday slumped by double-digits as the company ousted its chief executive, suspended dividend payments and issued a profits warning after weak global demand battered first-quarter sales.
Read moreBurberry reportedly cutting "hundreds" of jobs
8th Jul 2024 07:51
(Sharecast News) - British high-end fashion group Burberry is expected to announce "hundreds" of job cuts in the UK as part of a cost-cutting programme following a massive drop in its share price since the start of the year.
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