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Tag Archives: Category:All

Week ahead: UK data, US-China trade deal in focus

At home, foreign trade data for November are scheduled to be published on Monday, followed by readings on consumer prices and retail sales in December set to follow on Wednesday and Friday, respectively. Investors will be scrutinising those reports for further signs of weakness which might cement expectations in financial …

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FTSE 250 movers: Aston Martin stalls, Tullow recovers

London’s FTSE 250 was 0.60% lower at 20,796.68 in afternoon trade on Tuesday, with Aston Martin Lagonda leading the index downward. Hunting followed close behind as it was knocked lower by a downgrade to ‘neutral’ at Credit Suisse due to falling US shale activity levels and disappointing results from internationally-exposed …

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FTSE 250 movers: Dunelm surges, AJ Bell stumbles

London’s FTSE 250 was 0.20% higher at 20,706.34 in afternoon trade on Thursday, with Dunelm leading the charge upward. Shares of the homeware retailer surged after it said full-year pre-tax profit was set to come in higher than previous expectations. AJ Bell analyst Russ Mould said: “A lot can happen …

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Thursday preview: OPEC meeting, Victrex in focus

Analysts at Capital Economics forecast that the cartel and allied producers will only agree to roll-over their existing production curbs due to Saudi balking at the risk of seeing its share of the global oil market being eroded further by ‘free riders’. “If we are right and OPEC+ simply rolls …

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FTSE 250 movers: NewRiver drops, Tullow gushes higher

London’s FTSE 250 was lower by 0.38% at 20,733.26 in afternoon trade on Monday, with NewRiver leading the index downward. The real estate investment trust fell after it announced it had completed its acquisition of Sprucefield Retail Park in Lisburn, Northern Ireland, from Intu. Trainline dropped following the news that …

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FTSE 250 movers: Victrex drops, Virgin Money climbs

London’s FTSE 250 was down by 0.32% at 20,956.09 in afternoon trade on Friday, with Victrex leading the index lower. Royal Mail was also weaker following a downgrade to ‘market perform’ at Bernstein, while the stock was also in focus after the Court of Appeal rejected a union appeal against …

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FTSE 250 movers: Virgin Money soars, Future falters

London’s FTSE 250 was higher by 0.26% at 21,008.02 in afternoon trade on Thursday, with shares of Virgin Money UK leading the index higher. The Clydesdale and Yorkshire Bank owner surged even as it said full-year losses had widened and scrapped its dividend. AJ Bell analyst Russ Mould said: “Expectations …

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FTSE 250 movers: Royal Mail tumbles, Direct Line climbs

London’s FTSE 250 was down by 0.83% at 20,304.86 in afternoon trade on Thursday, with Royal Mail dragging the index lower. Shares in the mail carrier tanked after the company said its transformation programme was behind schedule, cut its interim dividend and warned of a “challenging” outlook for the letters …

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FTSE 250 movers: Apax Global falls, Trainline chugs higher

London’s FTSE 250 was 0.19% lower at 20,270.22 in afternoon trade on Tuesday, with Apax Global leading the index downward. Engineering company Weir Group was in the red after analysts at JPMorgan cut their target price for the stock from 1,500.0p to 1,380.0p and reiterated their ‘neutral’ rating following a …

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