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FTSE 100 Rises on US Rate Cut Hopes

The UK's FTSE 100 index is showing some mild bullishness, adding 0.16% and trying to retake 8,300. This upward trend was primarily driven by the market's optimism sur

Asktraders News Team
Berenberg Bank Increases Derwent London Price Target

Derwent London shares (LON: DLN) have gained 2.15% today, changing hands at 2.376, as Berenberg come in with price target hike. The company boasting a market capitalisation of £2.67 billion, and over the past twelve months,

Derwent London Logo
Asktraders News Team
UK Supermarkets See Shifting Tide As Asda Falters – MKS Shares Lead TSCO, SBRY, OCDO Through 2024

Supermarkets in the UK experienced a wave of increased sales over the summer period, largely thanks to a spike in demand fuelled by warm weather and the summer holidays. Notably, sales surged by 5.5% between July and August,

teso shopping trolley in aisle
Asktraders News Team
Antofagasta Share Price Target Cut Twice in a Week by Scotiabank

Antofagasta plc (LON: ANTO), the Chilean copper mining company, has seen its share price target cut twice by Scotiabank this week. The investment bank has cited weaker glob

Antofagasta mining operations
Sam Boughedda
JD Sports Shares Jump as Quarterly Sales Boosted By International Expansion

Sportswear retailer JD Sports Fashion (LON: JD.) has seen its shares rally in early Thursday trading following a strong second-quarter trading update. [stock_market_widget typ

Sam Boughedda
FTSE 100 Edges Up As CMA Approval For Barratt/ Redrow Deal Nearing?

The FTSE 100 index has recorded marginal gains, adding 0.21%, propped up by an uptick in the mining sector due to a rebound in iron ore prices. The UK's public borrowing figures, however, have painted a less rosy picture, com

UK CMA
Asktraders News Team
Card Factory Shares: Up 18% This Year, Is It One to Watch?

Card Factory (LON: CARD) has seen an 18% rise in its share price this year. With ambitious plans to expand, should investors be keeping an eye on the stock? [stock_market_widg

Card Factory store
Sam Boughedda
Why Have Burberry Shares Plunged 51% This Year

The once-thriving luxury fashion retailer Burberry (LON: BRBY) has seen its shares plummet by over 50% year-to-date, raising serious concerns among investors and analysts.

Burberry store
Sam Boughedda
Anglo American Seeks First-Round Coal Mine Bids

Anglo American (LON: AAL) has set a deadline for initial bids for its Australian metallurgical coal mines by September 9, industry sources informed. This move is part of the company's broader strategy to exit from its coal bu

Anglo-American Platinum
Asktraders News Team
Whitbread Shares Pressured: Jefferies Cuts Price Target Amid Softer Q2 Data

Analysts at Jefferies cut their price target for Premier Inn owner Whitbread (LON: WTB) in a note to clients this week, citing softer second-quarter data. [stock_market_widget

Premier Inn Hotel Whitbread
Sam Boughedda
EasyJet Shares Down 14% YTD: Here’s Why the Stock is Struggling

EasyJet's (LON: EZJ) share price has taken a hit this year, falling by 14%. While the airline industry as a whole has faced challenges, several factors have specifically impacted EasyJet and low-cost airlines.

Sam Boughedda
Synthomer (LON: SYNT) Finds Some Support, But Longer Term Challenges Persist

Synthomer's share price (LON: SYNT) has made a strong shift through 2024, gaining 27.46% after a difficult few years on the financial markets. After declining more than 80% th

Asktraders News Team
Schroders Dividend (LON:SDR) Approaches – Shares Down In Lead Up To Ex-Div

Schroders' dividend (LON:SDR) of £0.065 per share, slated for distribution to shareholders on the 26th of September is for holders of record on the 21st August. That means the stock will be ex-dividend as of 22nd, and any new

Asktraders News Team
Plus500 Shares (LON: PLUS) Gain As Earnings Impress & Buyback Announced

Plus500 share price (LON: PLUS) is an early gainer on the FTSE 250 index today, up 4.5% through the first hours, as the company delivered impressive H1 numbers. The stock has hit new 52 week, and all time highs of 2,628.00 in

Plus500 office
Asktraders News Team
Big Yellow Group (BYG) Stock Upgraded to Buy: Analyst Sees Significant Upside Potential

Citi upgraded shares of self-storage company Big Yellow Group (LON: BYG) to Buy from Neutral in a note to clients last week, setting a price target of 1,525p on the stock.

Sam Boughedda
FTSE 100 Slides in a Mixed Start for European Indices

The FTSE 100 and European equities have started the week beginning Monday, August 19 2024, mixed, with the London index falling around 0.19%  shortly after the open, declining to 8,295.5. On Friday, the London Stock Exchange’

uk stock market person holding union jack
Sam Boughedda
FTSE 100 Index Dips With The 250 Green Amid Mixed Retail Sales Data

London stocks opened slightly lower on Friday as the FTSE 100 index edged down by 0.23% to 8,327,76, against the backdrop of new UK retail sales figures. With the Footsie

markets-ftse100
Asktraders News Team
Rolls-Royce Stock Climb Continues – Expands JV Operations with Yuchai Diesel

Rolls-Royce Holdings (LON: RR.) continues its impressive stock market ascent, climbing a further 4% this week, helped by its strategic expansion of joint venture operations with Guangxi Yuchai Machinery Co. Ltd (Yuchai Diesel

Rolls Royce logo
Sam Boughedda
IAG Shares Undervalued, ‘Outlook to Remain Positive’

International Airlines Group (LON: IAG), the parent company of British Airways and Iberia, has been highlighted as a top stock pick among network carriers by Morningstar analysts, who initiated coverage of the stock with a fa

British Airways IAG
Sam Boughedda
Positive Rate Cut Signals Boost UK Housing Sector

In what may be a turning point for the UK housing market, significant players in the mortgage industry have initiated rate cuts that are set to invigorate the sector. Lloy

Asktraders News Team
Domino’s Pizza Stock Target Cut at RBC But Analyst Sees ‘Encouraging Trends’

RBC Capital reduced its price target for Domino's Pizza Group PLC (LON: DOM) from 400p to 390p in a note this week following the company's half-year results, which revealed a decline in both total orders and revenue.

Domino's Pizza logo store
Sam Boughedda
Has Reckitt’s Share Price (LON: RKT) Put In a New Bottom?

Reckitt's share price (LON: RKT) has gained 0.57% today, to continue a mini rebound from recent lows. The stock put in new 52 week lows of 4,034p recently, before a fir

Reckitt Benckiser logo
Asktraders News Team
FanDuel Propels Flutter Entertainment Growth – Markets React With Shares (FLTR) Up Big

Flutter Entertainment shares (LON: FLTR) have gained 8.5% this morning, following strong results from its US business, FanDuel, which surpassed expectations in its first quarterly update since transitioning from the

Flutter Ent Fanduel
Asktraders News Team