UK Stock News
Why Has Glencore’s Share Price Been Falling In Recent Months?
Glencore's share price (LON: GLEN) has declined over the last 3 months, retracing from 52 week highs over 500p (506.72) to be trading a little over 400p. With the stock changing hands at 403.40 this morning, up 0.7%, the dip
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Whitbread Shares Upgraded at Bernstein With ‘Easier H2 Comps Ahead’
Whitbread (LON: WTB) shares rallied more than 3% Thursday after analysts at Bernstein raised their rating for the stock to Outperform from Market Perform, noting that the stock is at a record low price to earnings.
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GSK Shares Rise After European Commission Approves Arexvy Label Expansion
GSK's (LON: GSK) shares are up around 0.7% on Thursday following the announcement that the European Commission has expanded the age indication for its RSV vaccine, Arexvy. [st
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Watches of Switzerland Shares: Down 42% This Year – Here’s Why
Watches of Switzerland Group (LON: WOSG) has seen its share price plummet by 42% in 2024. This significant decline is a stark contrast to the buoyant performance of the bro
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GSK Shares (LON: GSK) Climb After Supreme Court Review
Pharmaceutical giant GSK's share price (LON: GSK) has gained 1.55% this morning as the Delaware Supreme Court accepted the company’s appeal for an interlocutory review
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AB Foods: ‘The Primark Margin Recovery Story Has Played Out’
Despite opening lower in Tuesday's session, Associated British Foods (LON: ABF) shares have recovered after the stock was downgraded to Sell from Hold at Deutsche Bank. The
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Frasers Group Expands Global Reach with 14.65% Stake in Accent Group
London-listed retail firm Frasers Group (LON: FRAS) has solidified its presence in the Australian and New Zealand markets with a strategic investment in Accent Group Limited, the company announced Wednesday.
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UK Shop Prices Drop, Signaling Easing Inflation
In a surprising shift for the UK retail industry, shop prices have recorded a decline for the first time in nearly three years, a signal that the persistent inflation crisis may be receding. According to recent data, the firs
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Are IG Group Shares (LON: IGG) Threatening Break Out?
IG Group shares (LON: IGG) have drawn attention in recent months, as gains of 28.84% on a YTD basis significantly outperforms the FTSE 250 index's 9% gain over the sa
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Will Persimmon Benefit From Government Plans? PSN Shares A Big Gainer Over Last 12 Months
In the UK's construction sector, Persimmon, a notable FTSE 250 listed housebuilder, is navigating through challenging times accentuated by a significant drop in underlying operating profits of 65% in the first half of 2023 an
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FTSE 100: Bunzl Shares Surge
The FTSE 100 and European equities have started Tuesday, August 27 2024, higher, with the London index gaining around 0.39% shortly after the open, rising to 8,360.45, adding to the gains made on Friday. Bunzl is the biggest
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Unilever Stock Double-Upgraded By BofA: ‘More Growth Expected’
Unilever (LON: ULVR) shares gained more than 1% in Thursday's session after the stock was given a boost by analysts at Bank of America, who double-upgraded it to Buy from Underperform.
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Here’s Why B&M Shares Are Down 22% This Year
Retailer B&M European Value Retail (LON: BME) has seen its shares tumble by 22% this year, leaving investors questioning what happened to the stock that experienced a strong rise in 2023.
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Is Aviva’s Share Price (LON:AV) Set To Break Out?
When looking for stocks in the FTSE 100 index, Aviva's share price is one that may be threatening to break out. The insurance giant Aviva (LON: AV) has drawn attentio
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Diageo Shares (LON: DGE) Holding Steady. What Next?
Diageo shares (LON:DGE) have had a difficult 12 months, with losses of 23.5% leaving holders looking for signs of a sentiment shift. It would be well noted then that JPMorgan has reiterated a "neutral" rating on the spirits g
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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
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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,
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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,
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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
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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
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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
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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
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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.
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