London 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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London close: Stocks slip as Barratt, Redrow announce merger

7th Feb 2024 15:00

(Sharecast News) - London's stock markets finished in the red on Wednesday, as investors digested fresh house price data as well as news of a big merger in the housebuilding sector.

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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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Morgan Stanley double upgrades Persimmon to 'overweight'

19th Jan 2024 09:46

(Sharecast News) - Morgan Stanley upgraded its stance on Persimmon on Friday as it took a look at the UK housebuilding sector.

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London close: Stocks slip after surprise jump in UK inflation

17th Jan 2024 15:03

(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.

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London close: Stocks finish lower as wage growth eases

16th Jan 2024 16:17

(Sharecast News) - London's stock markets finished in the red on Tuesday, as investors assessed the latest UK jobs data.

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Jefferies downgrades Crest Nicholson, ups Persimmon

16th Jan 2024 11:49

(Sharecast News) - Jefferies has upgraded Persimmon and cut its rating on Crest Nicholson following a review of UK housebuilders.

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London close: Stocks slip as investors brace for US inflation

10th Jan 2024 15:23

(Sharecast News) - London stocks closed with losses on Wednesday, influenced by a pessimistic growth outlook from the World Bank and investors' attention to upcoming US inflation data.

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Housebuilder Persimmon tops build targets after strong fourth quarter

10th Jan 2024 07:13

(Sharecast News) - Persimmon was able to beat guidance with new home completions in 2023 after a decent fourth quarter, with the housebuilder entering 2024 in a strong position with private forward sales ahead of last year.

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Sunday share tips: Top picks to consider for 2024

31st Dec 2023 10:21

(Sharecast News) - The Sunday Times and Mail on Sunday have offered their top investment tips for 2024, which includes stocks from a variety of sectors such cruises and market research to metals and real estate.

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London close: Stocks rise on flurry of manufacturing data

1st Dec 2023 17:39

(Sharecast News) - London stocks closed positively on Friday, with miners playing a pivotal role following broker upgrades and optimistic Chinese manufacturing data.

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Galliford Try finance chief appointed new CFO at Persimmon

8th Nov 2023 07:34

(Sharecast News) - Housebuilder Persimmon has nabbed the head of finance at sector peer Galliford Try as its new chief financial officer.

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Persimmon sees big drop in completions and forward sales in Q3

7th Nov 2023 07:48

(Sharecast News) - UK housebuilder Persimmon has raised its guidance for new home completions despite a 37% slump in finished builds in the third quarter and a significant fall in its order book.

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Tuesday preview: Chinese foreign trade, Persimmon in focus

6th Nov 2023 12:14

(Sharecast News) - China and the U.S. will focus investors' attention on Tuesday.

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London close: Stocks slip on rising oil price concerns

6th Sep 2023 17:43

(Sharecast News) - London's stock markets closed in negative territory on Wednesday, as a significant rise in oil prices fuelled investor concerns over inflation.

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