London close: FTSE closes firmly lower, housing stocks drag
13th Jun 2014 16:59
- FTSE closes down 65.26 points at 6,777.85 - Oil stocks continue higher, housing stocks sink - Q1 UK construction data revised higher techMARK 2,815.10 -1.11% FTSE 100 6,777.85 -0.95% FTSE 250 15,814.81 -1.93% UK stocks ended the weak on a decidedly negative note, although London's Blue Chips reg
Read moreFTSE 100 movers: Oil stocks gain as housing stocks dive
13th Jun 2014 15:39
Oil and gas stocks were among the handful of names making gains today as share prices tracked oil prices higher, with Shell, BG Group and BP on the rise. Oil prices have surged to a nine-month high amid growing fears about the situation in Iraq, a major oil producer. United Utilities was one of t
Read moreSector movers: Housing and property stocks drop on fears of impending rate hike
13th Jun 2014 14:12
The prospect of a sooner-than-expected rate rise in the UK pushed property stocks and housebuilders lower on Friday, as investors reacted to comments made by policymakers during the Mansion House speeches. Bank of England (BoE) Governor Mark Carney warned on Thursday that the first hike in interest
Read moreLondon midday: FTSE near six-week low as rate-hike speculation sinks housebuilders
13th Jun 2014 11:35
- Housing stocks fall sharply - Carney signals impending rate hike - Osborne acts to cool housing market - Oil stocks track crude higher on Iraq tensions techMARK 2,806.77 -1.40% FTSE 100 6,771.65 -1.04% FTSE 250 15,802.08 -2.01% The increased possibility of a rate hike before the end of the year
Read moreLondon open: Housing stocks weigh as rate-hike expectations increase
13th Jun 2014 08:28
- Housing, property stocks provide a drag - Carney warns of impending interest rate hike - Osborne moves to cool housing market - Oil prices spike on Iraq concerns techMARK 2,830.21 -0.58% FTSE 100 6,817.00 -0.38% FTSE 250 15,984.76 -0.88% Weakness in the housing sector dragged UK stocks lower on
Read moreMorgan Stanley screens say sell CRH, JD Wetherspoon and many others
10th Jun 2014 15:41
Morgan Stanley has put out a note compiling a list of stocks that its stock screens suggested were worthy of selling, including building materials group CRH and pub operator JD Wetherspoon. The note, entitled 'Stock screens suggest selling small caps', contains the latest in the broker's regular s
Read moreLondon close: Investors still confident as record highs beckon
9th Jun 2014 16:57
- Housebuilders lift markets higher - US jobs data and ECB action boosting sentiment - US equities at fresh record highs - Lloyds prices TSB IPO well below book value techMARK 2,857.29 +0.20% FTSE 100 6,875.00 +0.24% FTSE 250 16,218.36 -0.09% Stocks saw some slight follow-through buying from last
Read moreSector movers: Housebuilders rise on reports of UK brownfield incentives
9th Jun 2014 14:58
Housing stocks were on the rise on Monday amid speculation that the government could soon announce measures to incentivise building on brownfield sites across the UK. According to reports, Chancellor George Osborne could use his Mansion House speech on Thursday to encourage builders to construct ne
Read moreFTSE 100 movers: Housing stocks make gains
9th Jun 2014 14:49
Housing stocks were in demand today amid speculation that the government could soon announce measures to incentivise building on brownfield sites across the UK. Barratt Developments led the sector higher, with last week's announcement that the government is set to boost housing supply in the UK ami
Read moreLondon midday: Upbeat global data gives UK stocks a lift
9th Jun 2014 11:30
- Housebuilders, miners lift markets higher - Chinese and Japanese data boosts sentiment - US stock futures flat at record highs - Lloyds prices TSB IPO well below book value techMARK 2,850.52 -0.04% FTSE 100 6,870.36 +0.18% FTSE 250 16,191.67 -0.25% Upbeat economic data from across the globe and
Read moreHousing plans in Queen's speech positive for UK-listed builders, says Deutsche Bank
6th Jun 2014 11:13
Deutsche Bank has said that announcements made in this week's Queen's Speech regarding the government's focus on housing supply spells good news for UK-listed housebuilders. The bank said highlights of Thursday's speech included the continued promotion of the Help to Buy scheme, reform of the plann
Read moreLondon close: Chinese data ensures positive finish, despite ISM miss
2nd Jun 2014 16:59
- FTSE closes up 19.59 points at 6,864.10 - Chinese manufacturing sector improves - US ISM manufacturing gauge misses forecasts - German CPI surprise on the downside techMARK 2,822.41 +0.36% FTSE 100 6,864.10 +0.29% FTSE 250 16,084.40 +0.46% Lifted by positive manufacturing data from China, the FT
Read moreFTSE 100 movers: Rio Tinto leads miners higher after Chinese PMI
2nd Jun 2014 15:05
Mining giant Rio Tinto rose strongly after announcing that it has completed the $1.02bn sale of its majority interest in the Clermont Mine in Australia, leaving buyer Glencore in charge. The disposal of the 50.1% stake, announced last October, "delivers good value for Rio Tinto's shareholders", the
Read moreLondon midday: Chinese data provides a boost as traders look ahead to ECB
2nd Jun 2014 11:26
- Mining stocks lead gains after China manufacturing PMI - UK, Eurozone manufacturing PMIs ease - ECB in focus ahead of Thursday's meeting - Supermarket, insurance stocks lead the fallers techMARK 2,824.10 +0.42% FTSE 100 6,863.67 +0.28% FTSE 250 16,084.94 +0.47% An improvement in Chinese factory
Read moreLondon open: Chinese data gives UK mining stocks a boost
2nd Jun 2014 08:58
- Miners lead gains early on - China manufacturing PMI rises, but house prices weaken - Busy week ahead with ECB and US jobs in focus techMARK 2,819.95 +0.27% FTSE 100 6,856.96 +0.18% FTSE 250 16,086.39 +0.48% Rising mining stocks helped UK equity markets to gain on Monday morning, as risk appeti
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