Daily market update

UK shares jump on positive inflation data, housebuilders and property firms soar, Dunelm pleases with results

“UK shares enjoyed a strong start to the day after a surprise fall in UK inflation data. The FTSE 250 index jumped 1.3% to 18,667,...

Wed, 20/09/2023 - 09:24

Gloomy Tuesday sees profit warnings galore, Kingfisher lowers guidance, Ocado’s joint venture with M&S showing signs of improvement

“Further cracks are appearing in the corporate world. Gloomy Tuesday saw multiple UK companies issue profit warnings, led by Kingfisher which downgraded its earnings...

Tue, 19/09/2023 - 09:51

Markets pull back ahead of US and UK rate decisions, Pendragon undergoes radical transformation and S4 Capital warns again

“Last week’s positive sentiment on the markets failed to extend to the new trading week. All the major European indices were in the red on...

Mon, 18/09/2023 - 10:44

Arm shares soar on US market debut, Games Workshop enjoys big share price jump

“A solid showing from Wall Street last night put investors in a good mood and that positivity extended across Europe and most of Asia on...

Fri, 15/09/2023 - 10:28

Trainline launches buyback amid strong growth and THG shares slump on results

“The miners were doing the heavy lifting for the FTSE 100 on Thursday morning amid positive broker commentary on the sector,” says AJ Bell investment director...

Thu, 14/09/2023 - 11:09

All eyes on US inflation numbers, BP CEO resigns, Apple’s iPhone 15 launch fails to inspire and Redrow warns profits could halve

“All eyes are on US inflation numbers set to be released later today as this data is crucial to the Federal Reserve’s decision-making on whether...

Wed, 13/09/2023 - 10:11

FTSE pushes ahead, oil price still rising, Primark owner sees brighter outlook, Fevertree hit by unfavourable weather

“Telecoms, banks and pharmaceutical stocks helped to put the FTSE 100 at its highest level in a month. The UK blue chip index added another...

Tue, 12/09/2023 - 11:34

FTSE 100 higher as miners dig Chinese inflation reading, The Restaurant Group to offload Frankie & Benny’s and Vistry pivots to affordable housing

“The FTSE 100 was firmly on the front foot on Monday, with the miners doing the heavy lifting as consumer prices in China edged into...

Mon, 11/09/2023 - 10:47

FTSE 100 on course to end the week flat, Computacenter’s ‘extraordinary’ revenue jump, Berkeley sees 35% drop in reservations, takeover offer for music royalties vehicle

“Early trading on Friday put the FTSE 100 on course to end an up and down week broadly unchanged,” says Russ Mould, Investment Director at...

Fri, 08/09/2023 - 10:23

Markets down, Jet2 doing better than expected, CVS and Pets at Home hit by CMA review into vets market and Direct Line bolsters finances with disposal

“Will they, won’t they? The guessing game regarding the next steps for central banks lifting interest rates is giving investors a headache,” says Russ Mould,...

Thu, 07/09/2023 - 10:05

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