London close: Stocks mixed as UK inflation slows to BoE target
19th Jun 2024 15:25
(Sharecast News) - London stocks ended the day with mixed results on Wednesday, as new data indicated a decrease in annual consumer price inflation, aligning with the Bank of England's target of 2% for May.
Read morePersimmon eyes up possible £1bn Cala bid - report
28th May 2024 08:30
(Sharecast News) - Persimmon saw its share price dip on Tuesday, after it was flagged as a potential buyer of rival housebuilder Cala.
Read moreLondon close: Stocks in the red as inflation falls less than expected
22nd May 2024 15:00
(Sharecast News) - London stocks ended in negative territory on Wednesday, as market participants reacted to the possibility of a summer general election and disappointing inflation data for April.
Read morePersimmon on track after 'encouraging' trading in Q1
25th Apr 2024 07:41
(Sharecast News) - UK housebuilder Persimmon saw a 10% drop in new home completions in the first quarter, but said it experienced an improvement in sales rates and "firm pricing".
Read moreLondon close: Stocks mixed as data shows UK GDP growth
12th Apr 2024 14:45
(Sharecast News) - London's markets closed with a mixed performance on Friday, as investors digested the latest GDP data suggesting an end to the recession in the UK.
Read moreJPMorgan 'repositioning for a recovery' as it upgrades host of housebuilders
12th Apr 2024 07:49
(Sharecast News) - JPMorgan Cazenove upgraded a host of names in the housebuilding sector on Friday as it said it was "repositioning for a recovery".
Read moreLondon close: Stocks turn red on return from Easter break
2nd Apr 2024 15:22
(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.
Read moreLondon close: Stocks mixed ahead of Fed, BoE decisions
20th Mar 2024 16:53
(Sharecast News) - London markets closed with a mixed but little-changed performance on Wednesday, as investors digested a larger-than-expected slowdown in UK inflation.
Read moreLondon close: Stocks rise as UK wage growth moderates
12th Mar 2024 16:17
(Sharecast News) - London markets closed with gains on Tuesday, buoyed by hopes for interest rate cuts following a modest increase in UK wage growth.
Read morePersimmon sees tough markets as profits slump
12th Mar 2024 07:44
(Sharecast News) - Shares in Persimmon fell on Tuesday after the UK housebuilder warned of continuing tough markets as it reported a worse-than-expected 52% slump in full year profits.
Read moreTuesday preview: US CPI, UK employment in focus
11th Mar 2024 14:33
(Sharecast News) - Tuesday will bring with it the week's key data release, the U.S. Consumer Price Index for the month of February.
Read moreLondon close: Stocks fall as investors look to US data
26th Feb 2024 15:11
(Sharecast News) - London markets closed in negative territory on Monday, as investors remained cautious ahead of the release of crucial US economic data later in the week.
Read moreUK housebuilders face CMA probe over info sharing, home quality
26th Feb 2024 07:52
(Sharecast News) - Britain's competition watchdog has started an investigation into eight housebuilders over evidence they may have been sharing information which could be harming competition in the sector and influencing prices.
Read moreLondon close: Stocks rise as UK inflation holds steady
14th Feb 2024 15:23
(Sharecast News) - London markets ended the day on a positive note on Wednesday as housebuilders rallied, following data indicating that UK inflation remained steady in January.
Read moreLondon close: Stocks fall as US inflation tops expectations
13th Feb 2024 16:21
(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.
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