London close: Stocks mixed ahead of US Fed decision
29th Jan 2025 15:22
(Sharecast News) - London's financial markets finished in a mixed state on Wednesday, as investors looked to the latest policy announcement from the US Federal Reserve and awaited key earnings reports from major American technology firms.
Read moreUnited Utilities accepts Ofwat final determination, will invest £13bn
29th Jan 2025 07:23
(Sharecast News) - United Utilities said on Tuesday that it has accepted the UK water regulator's final determination for the next regulatory period, committing to a £13bn investment programme over the five years to March 2030.
Read moreLondon close: Stocks mixed as US jobless claims fall again
8th Jan 2025 15:01
(Sharecast News) - London's stock markets ended Wednesday on a mixed note, as investors digested another fall in jobless claims across the Atlantic, after some disappointing corporate news earlier in the session.
Read moreLondon close: Stocks mixed as US PCE inflation holds steady
20th Dec 2024 16:05
(Sharecast News) - London stocks ended the day on a mixed note Friday, as investors weighed weaker-than-expected UK retail sales growth and cooler US price growth than anticipated.
Read moreLondon close: Stocks slip as BoE holds rates steady
19th Dec 2024 17:07
(Sharecast News) - London stocks closed sharply lower on Thursday, as investors digested a slew of central bank decisions across the globe.
Read moreAverage water bills to rise by 36% over next five years
19th Dec 2024 07:03
(Sharecast News) - Average water bills are to rise by over a third in the next five years, the UK regulator confirmed on Thursday.
Read moreLondon close: Stocks mixed after ECB rate cut
12th Dec 2024 15:17
(Sharecast News) - London stocks finished on a mixed note Thursday, as investors digested an interest rate cut from the European Central Bank, as Diageo held onto gains through the close.
Read moreLondon close: Stocks mixed as US payrolls beat expectations
6th Dec 2024 15:43
(Sharecast News) - London's stock markets closed on a mixed note on Friday, with investors reacting to a stronger-than-expected US non-farm payrolls report and corporate deal activity driving selective gains.
Read moreJefferies cuts United Utilities and Severn Trent to 'hold'
6th Dec 2024 10:10
(Sharecast News) - Jefferies has downgraded both United Utilities and Severn Trent from 'buy' to 'hold' ahead of this month's Ofwat final regulatory proposals, saying that the risk-reward looks more balanced at current valuations.
Read moreLondon close: Stocks rise with deal news in focus
28th Nov 2024 16:07
(Sharecast News) - London markets ended Thursday in positive territory, with deal activity providing a significant boost to specific sectors.
Read moreLondon close: Stocks fall as UK inflation tops BoE targets
20th Nov 2024 15:04
(Sharecast News) - London stocks ended Wednesday in negative territory as unexpectedly high UK inflation data dampened hopes of an imminent interest rate cut by the Bank of England.
Read moreLondon close: Stocks mixed ahead of UK inflation, Nvidia results
19th Nov 2024 16:47
(Sharecast News) - London's equity markets closed with a mixed performance on Tuesday, as investors remained cautious ahead of the latest UK inflation data and closely watched US corporate earnings from Nvidia.
Read moreLondon close: Stocks rise as dip buyers enter the fray
14th Nov 2024 15:50
(Sharecast News) - London markets ended Thursday in positive territory, with sentiment buoyed by robust corporate updates, as investors digested the latest producer price data out of the United States.
Read moreUnited Utilities ups dividend as first-half revenues top £1bn
14th Nov 2024 07:53
(Sharecast News) - FTSE 100-listed water company United Utilities saw revenues top the £1bn mark in its first half after a "robust" performance, though headline profits dropped due to a higher net finance expense.
Read moreLondon close: Stocks turn negative as Americans head to the polls
5th Nov 2024 16:41
(Sharecast News) - London stocks closed lower on Tuesday, with caution dominating markets as US voters headed to the presidential polls.
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