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UK House Prices Surged in February on Lower Mortgage Rates

According to recent industry figures, February witnessed a resurgence in house prices amid a backdrop of declining mortgage rates. The latest data from Rightmove's house price index reveals that the average price for new sell

Simon Mugo
AstraZeneca’s Share Price Rose 3.89% on FDA’s Double Approval

The AstraZeneca plc (LON: AZN) share price rose 3.89% after the US Food and Drug Administration (FDA) officially accepted the Biologics License Application (BLA) submitted by AstraZeneca and Daiichi Sankyo for the innovative

Simon Mugo
Moneysupermarket Share Price Fell 2.45% on FY23 Annual Report

The Moneysupermarket.Com Group PLC (LON: MONY) share price fell 2.45% after unveiling its annual report for the year concluding on December 31, 2023, showcasing significant strategic and financial achievements.

Simon Mugo
Currys’ Share Price Soared 38.1% on Potential Offer From JD.com

The Currys PLC (LON: CURY) share price soared 38.1% after JD.com, a Chinese online retail giant, announced its consideration of acquiring the UK electronics retailer. JD.com’s announcement comes after Currys rejected a £700 m

Simon Mugo
XP Power Share Price Plunged 40.6% on Its First Outlook for FY24

The XP Power Ltd (LON: XPP) share price plunged 40.6% after providing its first outlook for the current fiscal year ending on 31 December 2024. The company's Board anticipates a revenue shortfall for the upcoming year, positi

Simon Mugo
UK Retail Sales Surge Higher in January, Signalling Recession End

In January, UK retail sales experienced their most significant surge in nearly three years, signalling a robust rebound in consumer spending. This resurgence hints at the potential for a swift economic recovery from the reces

Simon Mugo
Segro Share Price Edged Up 3.68% on Its Upbeat FY 2023 Results

The SEGRO plc (LON: SGRO) share price edged up 3.68% after releasing its financial results for the year ended 31 December 2023. The prominent property company specialising in warehouses and industrial properties presented an

Simon Mugo
Natwest Group (NWG) Shares Rose 4.9% on Its Final FY23 Results

The Natwest Group PLC (LON: NWG) share price rose 4.89% after releasing its final results for the year ended 31 December 2023. The company reported a remarkable net profit of £4.4 billion for the year, with a return on tangib

Simon Mugo
Relx Share Price Spiked Up 3% but Later Fell on FY 2023 Results

The Relx PLC (LON: REL) share price spiked up 3% after announcing its results for the year to 31 December 2023. The company reported that its revenues reached £9,161 million, up from £8,553 million, marking an 8% organic grow

Simon Mugo
Bellway’s Share Price Fell 2.53% on Its Weak Half-Year Results

The Bellway plc (LON: BWY) share price fell 2.53% after its latest trading update for the six months ended 31 January 2024. The housebuilding company reported housing revenue exceeding £1.25 billion for the period, aligning w

Simon Mugo
British Gas Owner Centrica Shares Rally 7.25% on FY ’23 Results

The British Gas owner Centrica PLC (LON: CNA) share price rallied 7.25% after announcing its interim results for the year ended 31 December 2023. The company reported that its adjusted operating profit (AOP) stood at £2.8 bil

Simon Mugo
Wizz Air, EasyJet, and Ryanair Shares Rally on Deutsche Upgrades

Stocks in prominent airlines Ryanair Holdings PLC, easyJet PLC, and Wizz Air Holdings PLC witnessed an uptick on Wednesday morning, buoyed by a series of optimistic revisions from Deutsche Bank, a leading financial institutio

Simon Mugo
Virgin Money’s Shares Rose 1.56% After Acquiring Abrdn’s Stake

The Virgin Money UK PLC (LON: VMUK) share price rose 1.56% after announcing that it had finalised a deal to acquire Abrdn's share in its investment service for £20 million, marking a significant step less than a year since th

Simon Mugo
Severn Trent Share Price Spiked 2% on Latest Operations Update

The Severn Trent Plc (LON: SVT) share price spiked 2% after releasing its operational update for its trading activities up to February 13, 2024, showcasing continued excellence in operational and environmental achievements.

Simon Mugo
Vistry Group Share Price Edged Up 2.9% on the Sigma Partnership

The Vistry Group PLC (LON: VTY) share price edged up 2.9% after announcing that its subsidiary Countryside Partnerships, recognised as a top developer of mixed-tenure homes in the UK, has established a new Framework Agreement

Simon Mugo
Dunelm’s Share Price Fell 2.37% on Its Mixed Half-Year Results

The Dunelm Group plc (LON: DNLM) share price fell 2.37% after disclosing its half-year results for the 26 weeks ended 30 December 2023. The premier homewares retailer in the UK revealed that it recorded a robust sales increas

Simon Mugo
United Utilities (UU) Share Price Rose 1.71% on Its Latest Update

The United Utilities Group PLC (LON: UU) share price rose 1.71% after releasing its latest trading update. The company has maintained a robust operational performance following its interim results announcement, with its finan

Simon Mugo
TRIG Renewables’ Share Price Fell Then Recovered on Acquisition

The Renewables Infrastructure Group Ltd (LON: TRIG) share price fell, then recovered to trade slightly up at the time of writing. The company announced that it had completed the acquisition of a development platform.TRIG has

Simon Mugo
TUI Share Price Spiked 8.33% on Its Upbeat Q4 2023 Revenues

The TUI AG (ETR: TUI1) share price spiked up 8.33% after announcing an unexpected profit alongside record-breaking revenue for the holiday quarter, as stakeholders gear up to decide on the proposal to remove the company from

Simon Mugo
Eqtec Shares Surged 26.7% on Capital Raise and Debt Conversion

The EQTEC PLC (LON: EQT) share price surged 26.7% after announcing a new investor subscription and a debt conversion by an existing investor. The company announced the successful acquisition of £0.5 million through a direct s

Simon Mugo
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