London 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 mixed on return from long weekend
27th Aug 2024 15:58
(Sharecast News) - London's financial markets closed with a mixed performance on Tuesday, with Bunzl underpinning gains on the top-flight index after upgrading its full-year outlook.
Read moreLondon close: Stocks higher as investors digest Powell speech
23rd Aug 2024 14:33
(Sharecast News) - London markets closed in positive territory on Friday, as investors digested remarks from US Federal Reserve chairman Jerome Powell at the annual Jackson Hole economic symposium.
Read moreLondon close: Stocks mixed as investors look to Jackson Hole
22nd Aug 2024 15:31
(Sharecast News) - London's stock markets closed on a mixed note Thursday, as traders remained cautious ahead of a speech from Federal Reserve chair Jerome Powell.
Read moreJD Sports LFL sales return to growth in second quarter
22nd Aug 2024 07:15
(Sharecast News) - Sports apparel and footwear retailer JD Sports Fashion saw a return to like-for-like growth in its second quarter, with its store rollout programme in North America and Europe providing a boost while the UK market remains subdued.
Read moreLondon close: Stocks manage gains ahead of Fed minutes
21st Aug 2024 15:01
(Sharecast News) - London's stock markets ended Wednesday on a positive note amid a robust performance from the mining sector, as investors digested a US nonfarm payrolls revision and UK borrowing figures.
Read moreDeutsche Bank downgrades JD Sports, says cost of growth underestimated
12th Aug 2024 12:55
(Sharecast News) - Analysts at Deutsche Bank downgraded their recommendation for shares of JD Sports from 'hold' to 'sell' due to what it saw as the inevitable cost of growing the business and trimmed their target price of 115.0p.
Read moreRBC names M&S and Currys as top UK retail picks
29th Jul 2024 08:53
(Sharecast News) - Wage inflation and easier comparatives with last year could lead to a pick-up in demand for UK retailers this autumn, according to RBC Capital Markets which has highlighted M&S and Currys as its top stock picks.
Read moreLondon close: Stocks finish higher after UK, US jobs data
18th Jul 2024 16:03
(Sharecast News) - London stocks remained positive by the close on Thursday, buoyed by investor reactions to new employment data from the United States and the UK.
Read moreLondon close: Stocks higher as investors digest US jobs data
3rd Jul 2024 15:04
(Sharecast News) - London's stock markets closed on a positive note on Wednesday, buoyed by a wave of economic data from the United States and renewed hopes for interest rate cuts.
Read moreLondon close: Stocks fall as US inflation pressures ease
28th Jun 2024 17:23
(Sharecast News) - London's stock markets closed lower on Friday, influenced by new economic data from the United States indicating a slowdown in consumer spending, despite a reduction in inflationary pressures.
Read moreLondon close: Stocks fall amid renewed global jitters
13th Jun 2024 15:52
(Sharecast News) - London markets exhibited a mixed performance on Thursday, as investors digested the latest policy announcement from the US Federal Reserve and reacted to corporate developments in various sectors.
Read moreJD Sports Fashion holds outlook amid 'volatile' market as FY profits slip
31st May 2024 07:09
(Sharecast News) - Shares in JD Sports Fashion fell sharply on Friday despite the company holding annual guidance amid a "volatile" market as it said group current-year first-quarter like-for-like sales were down 0.7% and 6.4% in the UK.
Read moreLondon close: Stocks manage to finish above the waterline
29th Apr 2024 15:08
(Sharecast News) - London markets showed resilience on Monday, finishing in the green as investors looked to the start of the US Federal Reserve's policy meeting.
Read moreBarclays downgrades JD Sports on Hibbett acquisition
29th Apr 2024 09:42
(Sharecast News) - Barclays downgraded JD Sports on Monday to 'equalweight' from 'overweight' and cut the price target to 140p from 165p after the retailer announced the acquisition of US rival Hibbett last week for $1.1bn.
Read more