London 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 finish week on mixed note
18th Oct 2024 15:20
(Sharecast News) - London's stock markets closed with mixed results on Friday, reflecting a cautious mood as investors reacted to economic growth data out of China, as well as an improvement in UK retail sales.
Read moreLondon close: Stocks make gains as ECB cuts rates
17th Oct 2024 15:21
(Sharecast News) - London stocks ended higher on Thursday, buoyed by strong gains in Rentokil and Entain, as investors digested the European Central Bank's rate cut and a wave of economic data from the US.
Read moreLondon close: Stocks finish lower as oil prices sink
15th Oct 2024 15:39
(Sharecast News) - London markets ended Tuesday in negative territory, driven primarily by a sharp decline in energy stocks following a drop in oil prices.
Read moreStifel upgrades Barratt Redrow, Crest Nicholson
11th Oct 2024 09:38
(Sharecast News) - Stifel adjusted its ratings on several UK housebuilders on Friday, upgrading Barratt Redrow and Crest Nicholson to 'buy' from 'hold' on the back of underperformance and a compelling valuation, respectively.
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 moreJefferies reiterates positive stance on UK housebuilders
27th Aug 2024 12:53
(Sharecast News) - Jefferies reiterated its positive stance on UK housebuilders on Tuesday, saying it still sees considerable upside potential to share prices from the improving rate environment and government changes to planning.
Read moreLondon close: Stocks rise as investors digest inflation data
14th Aug 2024 15:02
(Sharecast News) - London stocks ended Wednesday's session in positive territory, as investors reviewed the latest inflation figures from the UK and the US.
Read moreLondon close: Stocks finish positive ahead of key inflation data
13th Aug 2024 14:51
(Sharecast News) - London stocks closed higher on Tuesday, as investors digested the latest UK jobs data and anticipated upcoming inflation reports from both the UK and the US.
Read moreLondon close: Stocks claw back losses but still finish lower
8th Aug 2024 14:57
(Sharecast News) - London markets ended Thursday on a weaker note despite recovering some earlier losses, as concerns over a potential US recession weighed on investor sentiment.
Read morePersimmon on track for FY completions at top end of guidance
8th Aug 2024 07:39
(Sharecast News) - Housebuilder Persimmon reported a decline in first-half pre-tax profit on Thursday but said it was on track to deliver full-year completions at the top end of guidance.
Read moreLondon close: Stocks finish higher amid global recovery
7th Aug 2024 16:34
(Sharecast News) - London's stock markets closed higher on Wednesday, buoyed by positive global sentiment following remarks from the Bank of Japan.
Read moreLondon close: Stocks mixed as PM Starmer names his Cabinet
5th Jul 2024 16:35
(Sharecast News) - London's stock markets ended the week on a mixed note on Friday, after a subdued response to Labour's general election victory, although housebuilders and the more domestically-focussed FTSE 250 made gains.
Read moreUK housebuilders surge on Labour victory
5th Jul 2024 07:49
(Sharecast News) - Shares in UK housebuilders jumped on Friday, on hopes that the new Labour government would reinvigorate the sector.
Read moreLondon close: Stocks rise as BoE holds interest rates
20th Jun 2024 16:16
(Sharecast News) - London stocks ended Thursday on a positive note following the Bank of England's decision to maintain interest rates, aligning with market expectations despite the backdrop of decreasing inflation.
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