London close: Stocks mixed for third straight week of losses

19th Jan 2024 15:17

(Sharecast News) - London stocks ended the trading session on Friday with a dip in performance, after disappointing retail sales figures had a downward impact on the value of the pound.

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JP Morgan backs Legal & General, Just Group

19th Jan 2024 09:16

(Sharecast News) - JP Morgan has reiterated its ratings on Legal & General Group and Just Group in its latest review of the UK life insurance sector.

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London 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.

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Berenberg upgrades Legal & General to 'buy' as macro outlook improves

8th Jan 2024 08:00

(Sharecast News) - Berenberg has upgraded its rating for insurance and investment group Legal & General from 'hold' to 'buy', saying that the macro environment should support the shares heading into 2024.

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Deutsche Bank upgrades UK insurers but downgrades Aviva

29th Nov 2023 10:14

(Sharecast News) - Deutsche Bank has raised its ratings for insurance peers Direct Line Group, Legal & General and M&G from 'hold' to 'buy', after turning more positive on the sector heading into next year, but has cut its rating on Aviva.

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London close: Stocks mixed on quiet Friday

24th Nov 2023 15:03

(Sharecast News) - Market performance showed a mixed trend in London today, with movements relatively subdued after the Thanksgiving holiday across the pond.

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Legal & General agrees full buy-in of Boots pension scheme for £4.8bn

24th Nov 2023 07:43

(Sharecast News) - Insurer and asset manager Legal & General said on Friday that it has agreed to a full buy-in of the Boots pension scheme for £4.8bn.

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London close: Retail stocks rise on mixed day for markets

8th Nov 2023 14:59

(Sharecast News) - London's stock markets experienced a mixed day of trading on Wednesday after a robust performance from the retail sector, led by gains from Marks and Spencer.

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London close: Stocks manage solid finish after US payrolls surge

6th Oct 2023 15:36

(Sharecast News) - London stocks managed an uplifting performance on Friday, buoyed by optimistic economic data from the United States and a wave of speculative trading focussed on Aviva.

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London close: Stocks finish in the red after raft of global data

4th Oct 2023 16:33

(Sharecast News) - London stocks retreated on Wednesday, reversing earlier gains as investors contended with suboptimal data from the UK services sector and the US jobs market.

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FTSE 100 movers: Stocks sink on macro concerns, but retailers outperform

15th Aug 2023 15:50

(Sharecast News) - Mining and financial stocks dropped on Tuesday on the back of macroeconomic concerns, but retail shares held up relatively well.

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London open: Housing stocks pull FTSE lower on rate-hike fears

15th Aug 2023 08:07

(Sharecast News) - The FTSE 100 dropped in early trade on Tuesday as investors reacted to an unexpected acceleration in UK wage growth and a surprise interest rate cut in China.

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Legal & General hikes dividend after solid first half

15th Aug 2023 07:37

(Sharecast News) - Financial service company Legal & General reported a robust first-half performance on Tuesday, as it made progress toward its five-year ambitions set for 2020-2024.

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Legal & General confirms five-year targets

5th Jul 2023 10:22

(Sharecast News) - Legal & General Group reiterated its five-year growth targets on Wednesday, as it confirmed that recently introduced accountancy changes would not have any impact.

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UK life insurers' exposure to Thames Water is 'minimal', Citi says

30th Jun 2023 10:59

(Sharecast News) - Analysts at Citi pointed out on Thursday that the UK life insurance sector's direct exposure to Thames Water was "minimal".

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