Jefferies 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.

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London close: Stocks finish higher as miners pace gains

31st Jul 2024 15:04

(Sharecast News) - London's stock markets ended the day with strong gains on Wednesday, driven by robust performances in the mining and energy sectors.

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Taylor Wimpey's H1 profits drop 21% as costs rise, pricing falls

31st Jul 2024 07:22

(Sharecast News) - UK housebuilder Taylor Wimpey saw profits fall by more than a fifth in the first half as residual build cost inflation and weaker pricing hit margins, but said it now expects full-year completions to be at the top end of guidance after a solid operational performance.

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London close: Stocks rise as investors look to US data

10th Jul 2024 15:01

(Sharecast News) - London stocks closed on a positive note Wednesday, buoyed by robust performances in the airline sector and growing investor attention towards key economic events in the United States, although the top-flight index remained near recent lows.

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London 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.

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UK 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.

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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.

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Berenberg upgrades Taylor Wimpey to 'buy'

5th Jun 2024 12:00

(Sharecast News) - Berenberg has upgraded Taylor Wimpey to 'buy' following a review of UK housebuilders ahead of next month's general election.

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Persimmon 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.

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London 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.

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Taylor Wimpey hails 'good start' to 2024 as market stabilises

23rd Apr 2024 07:31

(Sharecast News) - UK housebuilder Taylor Wimpey said it has made a solid start to the year with the market continuing to stabilise, with good levels of visitors to selling sites.

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London 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.

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RBC Capital upgrades Taylor Wimpey, downgrades Berkeley

12th Apr 2024 09:11

(Sharecast News) - RBC Capital Markets upgraded Taylor Wimpey on Friday but downgraded Berkeley as it took a look at the two UK housebuilders.

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London 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.

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London close: Stocks finish firmer ahead of Easter break

28th Mar 2024 16:08

(Sharecast News) - London's equity markets closed higher on Thursday ahead of the Easter break, despite lingering concerns over the UK's recessionary status in the latter part of last year.

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