London close: Stocks slip as investors await Nvidia results

28th Aug 2024 15:00

(Sharecast News) - London stocks ended slightly down on Wednesday, with investors showing restraint ahead of crucial earnings from US chipmaker Nvidia.

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London close: Stocks slide on China data, Burberry warning

15th Jul 2024 12:46

(Sharecast News) - London stocks ended Monday in negative territory, influenced by weaker-than-expected Chinese GDP figures and a profit warning from luxury fashion house Burberry.

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London close: Stocks mixed ahead of key UK, US data

27th Jun 2024 15:48

(Sharecast News) - London stocks ended Thursday's trading session with a mixed performance as market participants awaited crucial US inflation data and UK GDP figures set to be released later in the week.

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Watches of Switzerland holds guidance as profits fall in tough UK market

27th Jun 2024 07:03

(Sharecast News) - Watches of Switzerland shares surged on Thursday as the luxury timepiece seller held current-year guidance and said it was "cautiously optimistic" after annual profits fell amid a wind-back of discretionary spending.

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London close: Stocks mixed as ex-divs drag on FTSE

16th May 2024 16:53

(Sharecast News) - London stocks ended mixed on Thursday, following a flurry of corporate news and a focus on US unemployment figures.

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Watches of Switzerland 'cautiously optimistic' as Q4 sales rise 4%

16th May 2024 07:28

(Sharecast News) - Shares in Watches of Switzerland surged 15% on Thursday as the luxury timepiece retailer said it was "cautiously optimistic" about future trading after a 4% rise in sales in the final quarter of its financial year driven by a strong performance in the US.

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London close: Stocks manage gains as BoE holds rates

9th May 2024 15:21

(Sharecast News) - London markets closed on a positive note on Thursday, bolstered by the Bank of England's decision to maintain interest rates, in line with market expectations.

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Watches of Switzerland buys Roberto Coin Inc for $130m

9th May 2024 07:28

(Sharecast News) - Watches of Switzerland Group said it had bought Roberto Coin Inc for $130m as it looks to expand into the luxury jewellery market.

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RBC cuts Watches of Switzerland estimates on tough market dynamics

23rd Apr 2024 10:29

(Sharecast News) - RBC Capital Markets has slashed its target price for Watches of Switzerland Group ahead of its full-year trading update next month, projecting a "tough" luxury watch market.

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London close: Stocks mixed ahead of Fed, BoE decisions

20th Mar 2024 16:53

(Sharecast News) - London markets closed with a mixed but little-changed performance on Wednesday, as investors digested a larger-than-expected slowdown in UK inflation.

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Director dealings: Watches of Switzerland chairman makes share purchase

9th Feb 2024 15:34

(Sharecast News) - Watches Of Switzerland Group revealed on Friday that chairman Ian Carter had acquired 50,000 ordinary shares in the London-listed watchmaker.

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London close: Stocks slip as US jobless claims fall

8th Feb 2024 14:42

(Sharecast News) - London markets experienced a downturn in trading on Thursday, with stocks relinquishing earlier gains as investors processed a decrease in jobless claims in the United States.

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Watches of Switzerland Q3 revenues dip

8th Feb 2024 07:15

(Sharecast News) - Watches of Switzerland reported a dip in third-quarter revenues on Thursday as it said consumers in the UK and Europe were choosing to spend their disposable income on other categories such as fashion and beauty.

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London close: Stocks turn lower on renewed interest rate concerns

5th Feb 2024 16:22

(Sharecast News) - London's financial markets had turned negative by the close of trading on Monday, after better-than-expected UK services data was offset by a downward revision in service activity in the United States.

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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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