London close: Stocks start the month with positive close
1st Mar 2024 15:06
(Sharecast News) - London's financial markets finished in positive territory on Friday, with investor sentiment buoyed by the recent easing of inflation in the United States, as market participants mulled the latest manufacturing data from the UK.
Read moreRightmove FY profits grow, customer numbers to ease
1st Mar 2024 08:00
(Sharecast News) - Real estate property portal operator Rightmove said on Friday that profits had risen in 2023 and guided for further revenue growth in 2024 despite warning that customer numbers were likely to ease this year.
Read moreFriday preview: Global factory PMIs, Rightmove in focus
29th Feb 2024 09:15
(Sharecast News) - All eyes at the end of the week will be on a raft of factory sector survey results for the month of February due out across the world.
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.
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.
Read moreLondon close: Stocks turn lower as BoE keeps rates on hold
1st Feb 2024 16:48
(Sharecast News) - London's financial markets finished in the red on Thursday, reversing earlier gains after the Bank of England maintained interest rates at current levels.
Read moreRightmove to buy HomeViews for £8m in cash
1st Feb 2024 10:54
(Sharecast News) - Property portal Rightmove said on Thursday that it has agreed to buy HomeViews for £8m in cash.
Read moreLondon 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.
Read moreRightmove slumps on JPMorgan downgrade
16th Jan 2024 09:54
(Sharecast News) - JPMorgan Cazenove downgraded Rightmove on Tuesday to 'underweight' from 'neutral' and cut the price target to 493p from 585p as it pointed to higher R&D and opex spend.
Read moreSunday share tips: Rightmove and Chapel Down
17th Dec 2023 12:43
(Sharecast News) - The Times' tipster Lucy Tobin recommends investors take a look at housing marketplace Rightmove, playing down fears of competition after US group CoStar took over rival OnTheMarket.com in October.
Read moreLondon close: Stocks start week in subdued state
27th Nov 2023 16:12
(Sharecast News) - London's financial markets saw a somewhat subdued performance on Monday, as concerns regarding the Chinese economy cast a shadow over investor sentiment.
Read moreNumis upgrades Rightmove from 'add' to 'buy'
27th Nov 2023 10:06
(Sharecast News) - Numis has upgraded its rating for Rightmove from 'add' to 'buy' after a bullish trading update from the property portal on Monday, highlighting an attractive entry point after the stock's recent falls.
Read moreRightmove revenue growth beating expectations
27th Nov 2023 07:28
(Sharecast News) - Property portal Rightmove said in an update on Monday that since its interim results in July, its overall revenue growth had surpassed consensus expectations, primarily driven by higher-than-anticipated average revenue per advertiser (ARPA).
Read moreRightmove faces rising competition from OnTheMarket's new owner, says Citi
3rd Nov 2023 09:35
(Sharecast News) - Citigroup has reiterated its 'sell' rating and 445p target price for online property platform Rightmove, highlighting rising competition from US group CoStar.
Read moreLondon close: Stocks higher after flurry of corporate updates
30th Oct 2023 16:00
(Sharecast News) - London's financial markets showed resilience on Monday, finishing with gains as investors assessed corporate results and awaited significant central bank policy updates.
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