Citi sees opportunity in UK real estate correction
18th Jul 2016 16:17
(ShareCast News) - UK commercial real estate values were set to fall further, analysts at Citi said, but they believed the falls would only be a 'correction' - mostly cyclical in nature - and should be looked upon as a trading opportunity. Nonetheless, they admitted the risk of a more severe propert
Read moreLondon close: Banks, financials and property fly amid BoE rate-cut chatter
7th Jul 2016 16:38
(ShareCast News) - UK shares flew north with Associated British Foods leading blue chips on a chipper update and chased by a peloton of banking, financial and property stocks on rising expectations of a Bank of England rate-cut next week. "Today marks the first day since the (non-binding Brexit) ref
Read moreFTSE 100 movers: ABF ascends above rebounding real estate and housebuilders
7th Jul 2016 14:18
(ShareCast News) - London's blue chip index was boosted by a bevvy of rebounding financials and property stocks, though they were topped by a surging rise from Associated British Foods. AB Foods danced more than 10% higher after it said the significant weaking of the pound since the Brexit vote had
Read moreLondon-listed REITs slump as Liberum downgrades on Brexit risks
4th Jul 2016 12:36
(ShareCast News) - Liberum downgraded its ratings on British Land, Land Securities, Intu Properties and Hammerson as it pointed to greater occupier uncertainty in London City offices and retail following the UK's decision to leave the European Union. "Irrespective of economic stabilisers and low int
Read moreITV, Wolseley are Liberum's top-picks in case of Bremain, Brexit
20th Jun 2016 09:25
(ShareCast News) - Depending on whether the UK finally decided to 'Remain' or 'Leave' then different London-listed securities were likelier to 'outperform' their respective sectors, Liberum said. The broker's 'top-picks' under a 'Remain', 'Leave' and 'Either way' scenario were, ITV, Wolseley and Bal
Read moreBrexit poll support hits sterling and stocks
1st Jun 2016 11:42
(ShareCast News) - A new Brexit poll showing parity between the Remain and Leave votes saw sterling slip further to a two week low on Wednesday, also hitting equities as housebuilding stocks led the fallers. A YouGov poll for the Times found 41% support for Remain and the same for the Leave camp wit
Read moreFTSE 100 movers: Financials, Big oil pace gains
25th May 2016 16:34
(ShareCast News) - Financials were again to be found near the top of the leaderboard on Wednesday with shares of 'big oil' firms nipping at their heels. According to an opinion poll conducted for the Evening Standard by Opinium, voters in London said they were overwhelmingly in favour of the UK stay
Read moreFTSE 100 movers: Taylor Wimpey and Ashtead lead gains
17th May 2016 13:57
(ShareCast News) - The FTSE 100 was in positive territory on Tuesday afternoon, as a mixture of encouraging results and analyst optimism looked like extending the index's winning streak to a third day. Housebuilder Taylor Wimpey topped the leaderboard after it unveiled a significant upgrade to its m
Read moreTuesday newspaper share tips: British Land, Marks & Spencer
17th May 2016 12:36
(ShareCast News) - The relative under-performance of British Land's shares in recent months is arguably a tell for heightened risk aversion among investors, says the Financial Times' s Lex column. It pointed to the 23 June referendum that would decide whether the UK continued as part of the EU, and
Read moreLondon pre-open: CPI inflation in focus on both sides of the Pond
17th May 2016 07:50
(ShareCast News) - London's top flight index is being called to start the day slightly higher ahead of the release of consumer price inflation data on both sides of the Pond later this afternoon, as markets continue to try and second-guess when the the US central should and will tighten policy again
Read moreLand Securities NAV up, pre-tax profit down
17th May 2016 07:08
(ShareCast News) - Land Securities posted what it described as "strong" preliminary results on Tuesday, with asset values, revenue and earnings all increasing in the 12 months to 31 March. The FTSE 100 commercial property firm reported a basic net asset value per share of 1,482p - up 10.3% - and an
Read moreFriday newspaper share tips: TalkTalk, British Land, Land Securities
13th May 2016 11:52
(ShareCast News) - TalkTalk has recovered nicely following the hacking scandal that hit the company but they've come far enough, absent a takeover offer which is now appears unlikely to materialise, The Times's Tempus said. The biggest worry for shareholders is that the operator might be under th
Read moreFTSE 100 movers: Property drags on buoyant mining
11th May 2016 13:32
(ShareCast News) - The FTSE was underwater but working it was back to dry land late on Wednesday, as the index's raft of heavyweight miners were buoyed by commodity prices. With an hour's trading left in the day, the blue chip index was down 0.1% at 6,150, with property developers causing the bulk o
Read moreFriday broker round-up
29th Apr 2016 12:44
(ShareCast News) - BT Group: UBS upgrades to neutral with a 430p target. Howden Joinery: JP Morgan reiterates overweight with a 570p target. Weir: HSBC upgrades to hold with a target price of 1150p JP Morgan reiterates underweight with a target of 735p and Jefferies stays at underperform with 730p
Read moreFriday newspaper share tips: British Land, Land Securities, Sky
22nd Apr 2016 11:33
(ShareCast News) - The cycle in the UK property market was turning, The Daily Telegraph's Questor said, leading the tipster to advise readers to 'sell' real estate investment trusts. Investors would therefore be well-advised to heed the signals that the high had been reached for this cycle and get o
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