London open: Housebuilders lead FTSE higher on Brexit confidence
22nd Jun 2016 08:41
(ShareCast News) - London stocks inched up on Wednesday morning as polls showed the EU referendum remained too close to call, though rallying housebuilding and financials stocks indicated investors were confident a Brexit will be avoided. The FTSE 100 was 0.09% higher at 6,232.19 just before 0900 BS
Read moreLondon midday: Financials pace gains as Footsie keeps climbing
20th Jun 2016 12:29
(ShareCast News) - Stocks in London were continuing to move higher come midday on Monday, alongside the largest gain the pound in three months, with investors taking their cue from strong gains in Asia as Brexit polls showed the Remain campaign was in the lead. As of 12:03 BST, the FTSE 100 was 183.
Read moreDirectors dealings: NAIT boosts stake in EKF Diagnostics to 14.1%
10th Jun 2016 14:11
(ShareCast News) - Harwood Capital, acting as investment manager on behalf of North Atlantic Smaller Companies Investment Trust PLC, picked up another large batch of shares in EKF Diagnostics. Christoper Mills, who was named to the post of non-executive chairman at the global point-of-care medical d
Read moreMiners and homebuilders pace losses, precious metals miners shine
9th Jun 2016 14:18
(ShareCast News) - Miners and homebuilders weighed on the main UK equity benchmarks the most, against a backdrop of sovereign bond yields slipping to record lows and some market commentary flagging the risk of sharp drops in equity markets. The yield on the benchmark 10-year Gilt closed one basis po
Read moreFTSE 100 movers: Mining megalodons rise with metals prices as Brexit brakes housebuilders
6th Jun 2016 15:32
(ShareCast News) - Mining megalodons dominated the blue-chip winners' ladder as they advanced in correlation with firming precious and industrial metals prices, supported by Coca-Cola HBC's fizz higher. Anglo American led the pack by a good distance as it stacked on a hearty 11.25%. It was followed
Read moreBrexit poll support hits sterling and stocks
1st Jun 2016 11:42
(ShareCast News) - A new Brexit poll showing parity between the Remain and Leave votes saw sterling slip further to a two week low on Wednesday, also hitting equities as housebuilding stocks led the fallers. A YouGov poll for the Times found 41% support for Remain and the same for the Leave camp wit
Read moreFinancials, big oil, miners pace gains in London
25th May 2016 21:00
(ShareCast News) - Financials and big oil continued to power ahead at the middle of the week as the threat from two of the market´s most recent bugbears appeared to receed a little. On Wednesday, Athens managed to clinch a deal to relieve the government´s lack of financial liquidity, while in the UK
Read moreFTSE 100 movers: Financials, Big oil pace gains
25th May 2016 16:34
(ShareCast News) - Financials were again to be found near the top of the leaderboard on Wednesday with shares of 'big oil' firms nipping at their heels. According to an opinion poll conducted for the Evening Standard by Opinium, voters in London said they were overwhelmingly in favour of the UK stay
Read moreMonday broker round-up
23rd May 2016 18:04
(ShareCast News) - Royal Mail: RBC upgrades to sector perform with a 525p target. Weir: HSBC upgrades to buy with a 1450p target. Sports Direct: Goldman Sachs downgrades to neutral with a target price of 400p. Easyjet: Macquarie reiterates outperform with a target of 2100p. ICAP: Credit Suisse re
Read moreThursday newspaper share tips: HICL and residential property
19th May 2016 14:48
(ShareCast News) - Shares in boring and mostly UK-focused investment fund HICL Infrastructure Company are worth holding on to, says The Daily Telegraph's Questor column, citing its income-play appeal. HICL raises money from investors and then buys infrastructure assets around the world, such as hosp
Read moreThursday broker round-up
19th May 2016 13:42
(ShareCast News) - Countryside Properties: JP Morgan reiterates overweight with a 280p target. SSP Group: Citigroup retains buy with a 340p target. Polymetal International: Jefferies keeps at underperform with a 520p target and UBS reiterates neutral with a target price of 675p and Deutsche Bank st
Read moreBroker tips: Inmarsat, Halma, Taylor Wimpey
17th May 2016 15:07
(ShareCast News) - Credit Suisse reiterated its 'outperform' rating on Inmarsat while downgrading rival Eutelsat to 'neutral' after its substantial profit warning. The Swiss bank admitted its positive view over the past 18 months on the outlook for global satellite revenue growth has proved overly o
Read moreFTSE 100 movers: Taylor Wimpey and Ashtead lead gains
17th May 2016 13:57
(ShareCast News) - The FTSE 100 was in positive territory on Tuesday afternoon, as a mixture of encouraging results and analyst optimism looked like extending the index's winning streak to a third day. Housebuilder Taylor Wimpey topped the leaderboard after it unveiled a significant upgrade to its m
Read moreCanaccord reiterates 'buy' for Taylor Wimpey after dividend enhancements
17th May 2016 10:14
(ShareCast News) - Canaccord Genuity reiterated a 'buy' rating and target price of 210p for Taylor Wimpey on Tuesday after the housebuilder announced enhancements to its dividend policy. Taylor Wimpey has increased its ordinary dividend to around 5% of net assets to be paid through the cycle from 20
Read moreTaylor Wimpey unveils bumper new dividend policy
17th May 2016 09:36
(ShareCast News) - Taylor Wimpey unveiled an improved new dividend policy that includes an upgraded ordinary dividend and a special dividend of £300m to be paid in July 2017. Ahead of an event for analysts and institutional investors, the FTSE 100 housebuilder announced its enhanced dividend policy
Read more