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Bunzl Shares (BNZL) in Multi Day Decline Seeking Support

Bunzl shares (LON: BNZL) have seen a two day decline of 6.52% following the distribution giant's cautionary statement regarding potential profit impacts from persistent deflation. This development has caught the attention of

Asktraders News Team
Analysts See Further Upside in Barclays Shares (BARC) After Strong Year

Barclays shares (LON: BARC) have had a breakout year, with gains of 71% pushing prices to levels not seen in more than 10 years. There seems to be no signs of a revers

Barclays
Asktraders News Team
Kingfisher Rises After Announcing Sale of Brico Dépôt Romania to Altex Romania

Kingfisher (LON: KGF) saw its share price rise around 1.4% in early Monday trading after it announced the sale of its Brico Dépôt Romania business to Altex Romania for an enterprise value of €70 million (£58 million).

Sam Boughedda
Shoe Zone Shares Plunge: Cuts Profit Outlook After ‘Very Challenging Trading Conditions’

Shoe Zone (LON: SHOE) shares plummeted Wednesday after the footwear retailer issued a profit warning, citing “very challenging trading conditions”. [stock_market_widget type=

Shopper shopping with a smart phone
Sam Boughedda
FTSE 100 Dips Below 8,200 as Range Continues To Hold

London stocks saw a notable decline today, with the FTSE 100 dropping 0.81% to fall below the 8,200 level, ending the day at 8195.20. This downturn comes as investors closely monitor upcoming policy announcements from several

UK short
Asktraders News Team
LSEG Shares a Significant Outperformer Through 2024 – New 52 Week Highs Today

London Stock Exchange Group's share price (LON:LSEG) hit a new 52-week high today, with shares trading as high as 11,640p. The stock has added 0.48% in early trading, bringing the cumulative year-to-date gain up to an impress

Stock Exchange
Asktraders News Team
The 5 Most Shorted London-Listed Stocks Heading into Year End (PFC, OCDO, WG, AWE, DOM)

As the festive season approaches, short sellers are still searching for what they believe are overvalued

Most Shorted Stocks in the UK
Sam Boughedda
PageGroup Shares Continue to Slide After Downgrade

PageGroup shares (LON: PAGE) fell 0.9% in Monday's session after the stock was downgraded to Neutral from Outperform by analysts at Exane BNP Paribas. The bank, which maint

PageGroup logo
Sam Boughedda
NatWest Retail Banking Chief to Depart With Shares Outperforming UK Markets

David Lindberg, the retail banking head of NatWest Group (LON: NWG), is scheduled to step down from his position in early 2025. This move coincides with NatWest's shift towards full private ownership as the UK Treasury contin

NatWest-Group
Asktraders News Team
Shell Nigeria Move Forward with Bonga North Oil Project

Shell shares (LON: SHEL) are down almost 1.5% today, as oil prices continue to show some weakness. Also today, Shell Nigeria Exploration and Production Company Limited

Shell Aktie Dividende
Asktraders News Team
Compass Group’s Price Target Seeing Bullish Analyst Sentiment

Analysts have been increasing their target price on Compass Group shares (LON: CPG) in recent weeks, with a notable raise from Berenberg pushing their target from 2,460.0p to 2,900.0p. The brokerage has highlighted several po

Compass Group take away food containers, held by employee
Asktraders News Team
HSBC Shares Continues To Make New 52 Wk Highs

HSBC Holdings shares (LON: HSBA) achieved a significant benchmark by reaching a new 52-week high during today's trading session. The shares hit 768.30p almost straight out of the gate, up from a previous close of 766.2, befor

HSBC building
Asktraders News Team
METLEN (MYTIL) Makes a Move For LSE Listing

METLEN Energy & Metals SA (ATHX: MYTIL) is taking significant steps to a listing on the London Stock Exchange (LSE). This move is aimed at diversifying METLEN’s geograp

Asktraders News Team
UK Listed Takeovers Increasing at Pace

In 2024, UK takeover activities saw a significant uptick, with a total of £49 billion in recommended bids. This marks a substantial increase from £17.2 billion in 2023. The average deal value also surged, reaching £1.07 billi

Asktraders News Team
Saga Shares Jump On New Insurance Partnership and Sale of Underwriting Business

Saga (LON: SAGA) shares rallied more than 10% on Monday after the company announced a strategic partnership with Ageas and the sale of its underwriting business. [stock_market

market upward trajectory
Sam Boughedda
Greggs Shares ‘Have Been Oversold’

RBC Capital analyst Ross Broadfoot initiated coverage of Greggs (LON: GRG) with an Outperform rating and a 3,240p price target in a recent note.  [stock_market_widget type="ch

Greggs
Sam Boughedda
Relx Shares (LON: REL) Moving To Retest Breakout Territory?

Relx shares (LON:REL) have recently hit new all-time-highs at 3796.7p after previously encountering resistance at the 3,725 level. With highs under it's belt, the stock

Relx logo
Asktraders News Team
UK Government Reduces Stake in Natwest Under 10%

The UK government has announced a reduction in its ownership stake in Natwest Group. As of today, the government's stake now stands at 9.99%, down from a previous 10.99%. Despite the reduction, the government remains the larg

Natwest branch
Asktraders News Team
Ashtead Results Highlight Ongoing Revenue Uncertainty

Ashtead's (LON: AHT) second-quarter fiscal 2025 results cast a shadow over its revenue outlook, leading Goldman Sachs to downgrade the equipment rental company from Buy to Neutral in a note this week.

Sam Boughedda
Kosmos Energy in ‘Very Preliminary’ Discussions with Tullow Oil Regarding Takeover

Kosmos Energy (NYSE: KOS) confirmed Wednesday that it is in "very preliminary" discussions with Tullow Oil (LON: TLW) over a potential all-share acquisition of the UK-based oil and gas company.

Sam Boughedda
FTSE 250 Dips as 100 Index Holds Firm on Mixed Day

The FTSE 100 index is clinging on to a green day, up 0.1% despite mixed economic developments globally. The FTSE 250 has gone the other way, losing 0.03% so far, and

markets-ftse100
Asktraders News Team
Anglo American Downgraded at JPMorgan on Tariff Risks

Analysts at JPMorgan and Jefferies are split in their views of Anglo American (LON: AAL) shares, with one downgrading the stock and the other upgrading it in recent notes. [st

Anglo American
Sam Boughedda
Currys Shares Surge as ‘Performance Continues to Strengthen’

Currys (LON: CURY) reported its results for the half-year ending 26 October 2024 on Thursday, resulting in its shares price surging 10% as the company demonstrated robust performance across key metrics.

Sam Boughedda
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