London close: FTSE extends gains ahead of FOMC statement
30th Apr 2014 16:59
- FTSE ends 10.12 points higher at 6,780.03 - US GDP misses expectations - Focus very much of FOMC meeting statement techMARK 2,780.50 -0.39% FTSE 100 6,780.03 +0.15% FTSE 250 15,817.20 -0.50% UK indices ended today's session slightly higher following a raft of corporate announcements, mixed data
Read moreFTSE 100 movers: Barratt Developments in top spot, Shell close behind
30th Apr 2014 14:40
Housebuilder Barratt Developments clawed back yesterday's losses, claiming its place in the top spot. Oil major Royal Dutch Shell rose strongly as first-quarter underlying earnings fell by 3% but beat expectations. Bottom-line earnings, however, were hit by £2.9bn of impairments in its Downstream
Read moreLondon midday: Markets flat as Ukraine crisis dampens risk appetite
17th Apr 2014 11:55
- Ukraine turmoil continues as clashes turn deadly - Investors cautious ahead of four-day weekend - US corporate earnings in focus - Diageo, Remy Cointreau dampen sentiment in beverage sector techMARK 2,660.88 +0.35% FTSE 100 6,581.75 -0.04% FTSE 250 15,833.37 +0.56% UK stocks were broadly flat on
Read moreFTSE 100 movers: Supermarkets, miners lead, airlines fly lower
14th Apr 2014 15:09
Sainsbury was a strong riser as it recovered from last week's news that it had lost some of its market share to the likes of discount stores Lidl and Aldi. Sector peer Tesco was also making decent gains after it was reported the company is planning to launch its F&F range in the US. Other stocks
Read moreLondon midday: Sell-off continues on Ukraine crisis, but defensives gain
14th Apr 2014 11:40
- Ukraine calls on pro-Russian radicals to lay down arms - Defensive stocks, consumer staples rise as risk appetite falls - Glencore Xstrata sells Las Bambas for 5.85bn dollars techMARK 2,627.27 -1.60% FTSE 100 6,540.54 -0.32% FTSE 250 15,638.88 -1.63% UK markets picked up where they left off on M
Read moreLondon open: Stocks at three-week low as Ukraine tensions rise
14th Apr 2014 08:35
- Ukraine tensions rise as deadline passes - Ukraine calls on pro-Russian radicals to lay down arms - Glencore Xstrata sells Las Bambas for 5.85bn dollars techMARK 2,649.91 -0.75% FTSE 100 6,546.34 -0.23% FTSE 250 15,806.60 -0.58% UK markets got off to a subdued start on Monday morning as stocks p
Read moreHouse sales increase across Britain, RICS reveals
10th Apr 2014 09:51
House sales across Britain climbed to a six-year high in the first quarter of 2014, with growth spreading 'right across the country', according to the Royal Institution of Chartered Surveyors (RICS). The data was based on the average number of houses sold per chartered surveyor, which rose to 22.7
Read moreLondon close: FTSE ends with decent gains
9th Apr 2014 16:59
- FTSE 100 closes up 44.92 points at 6,635.61 - Shop prices plummet as retailers fight for business - February trade data shows UK still struggling to rebalance techMARK 2,730.00 +1.20% FTSE 100 6,635.61 +0.68% FTSE 250 16,163.70 +0.93% UK stocks ended today's session with a decent finish as impro
Read moreFTSE 100 movers: Barratt Developments rises on broker comment
9th Apr 2014 14:57
Barratt Developments raced to the top of the leaderboard today after Deutsche Bank named the house builder as a top pick. Sector peer Travis Perkins was also making strong gains. ARM Holdings was a notable riser today, with investors feeling a renewed sense of confidence after the tech-heavy Nasd
Read moreDeutsche cites 'interesting buying opportunity' in UK housebuilders
9th Apr 2014 09:44
Analysts at Deutsche Bank recommended buying the UK housebuilders, in particular Barratt Developments, Bovis Homes and Taylor Wimpey, after saying a pull-back in the shares due to concerns about interest rates was "overdone". The broker countered these concerns, pointing to "easy affordability, si
Read moreLondon open: FTSE begins session with strong upwards momentum
9th Apr 2014 08:50
- FTSE rises around 40 points in first hour - US gains provide driving force - Focus to be on Fed meeting minutes techMARK 2,719.29 +0.81% FTSE 100 6,618.78 +0.43% FTSE 250 16,132.68 +0.74% UK stocks kicked off today's session in a positive fashion, lifted by a decent performance in the US overnig
Read moreLondon close: Stocks finish in the red, World Bank forecast drags
7th Apr 2014 16:55
- World Bank cuts China growth forecast - UK consumer confidence slides - German industrial output grows techMARK 2,730.09 -1.46% FTSE 100 6,622.84 -1.09% FTSE 250 16,262.84 -1.04% UK stocks kicked off the week in a negative fashion, weighed by a poor performance in other markets across the globe
Read moreFTSE 100 movers: Tullow Oil climbs after unveiling refinancing deal
7th Apr 2014 14:29
Tullow Oil has refinanced its 500m dollar corporate revolving credit facility to boost its balance sheet. The oil and gas company has increased the facility to 750m dollars and extended the tenor to April 2017. Irish building materials group CRH was also making gains today following news that its t
Read moreLondon midday: Housing stocks lead markets lower
7th Apr 2014 11:42
- Markets pull back from one-month high - Crimea unrest dampens risk appetite - Housing stocks provide a drag techMARK 2,748.24 -0.80% FTSE 100 6,652.02 -0.65% FTSE 250 16,327.20 -0.65% UK stocks were firmly lower on Monday morning, pulling back after hitting a one-month high, as markets tracked a
Read moreDavy Research downgrades Barratt Developments, ups Bellway
24th Mar 2014 15:19
Housing stocks should continue to outperform this year given how housebuilders are coming out of a very long period of buying land. However, the UK housebuilding sector has re-rated from mid-2012 levels of around one times´ price-to-tangible-book-value to about two times now. At previous peaks
Read more