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FTSE 100 Dips Amid Economic Slowdown, European Indices Following Suit

The FTSE 100 index opened the week on a weaker note, as disappointing UK economic data weighed on investor sentiment. The leading index is currently down by 0.69%, ha

markets-ftse100
Asktraders News Team
Experian Shares Gain Momentum as Analysts Raise Price Targets

Experian (LON: EXPN) stock has been attracting attention as Goldman Sachs, RBC Capital, and Barclays have upped their targets for the stock in the last couple of weeks, signalling confidence in its growth potential.

Experian Office1
Sam Boughedda
Aston Martin Shares Plunge On Guidance Cut

Aston Martin Lagonda (LON: AML) saw its shares tumble by around 11.3% in early Monday trading. The luxury automaker announced a strategic realignment of its 2024 wholesale volumes and lowered its third-quarter and FY2024 guid

Aston martin car
Sam Boughedda
Index Roundup – FTSE 100 Ends Week Strong, As Hang Seng and SSE Lead The Week

The FTSE 100 ended the week on an upbeat note, with gains of 0.43% on the day buoyed in part by Prudential's (LON: PRU) promising expansion news and a surge in Chines

Prudential
Asktraders News Team
Cranswick Shares Hit New Highs on Strong Trading Update

Shares of Cranswick plc (LON: CWK), a leading food producer in the UK, saw a significant rise following the company's latest trading update. The share price closed up 6.04% at 5,000, after earlier breaching the level to set a

Cranswick Country Foods UK
Asktraders News Team
British Land Set To Join FTSE 100 as Darktrace Departs

In a reshuffle, British Land shares (LON: BLND) are poised to rejoin the FTSE 100 index. The shuffle of the index will see the cybersecurity enterprise Darktrace bein

Asktraders News Team
Avation Shares: Potential Catalysts on the Horizon

Canaccord Genuity maintained a Buy rating on commercial passenger aircraft leasing business Avation (LON: AVAP) in a note this week, despite lowering its target price for the stock to 255p a share.

Sunset at the airport. Refueling of the airplane
Sam Boughedda
Watches of Switzerland (LON: WOSG) Up 50% From YTD Lows, Still Cheap?

The Watches of Switzerland share price (LON: WOSG) has experienced quite the year, having lost 28% on a YTD basis despite the recent rally. After gains of 50% from the 52 week low of 324p set in May, this level could now be f

Sam Boughedda
BP’s Share Price Hit 52-Week Low As Oil Continues To Falter

BP's share price (LON: BP) hit new 52 week lows in trading at 379.70, as the year-to-date decline hit 18.77% by the close of the

BP
Asktraders News Team
Diageo’s Stock Price Jumps On Trading Update

Diageo's share price (LON: DGE) was a notable gainer on the London Stock Exchange today, adding 4.68% as the multinational beverage company published a trading statemen

Diageo drinks
Asktraders News Team
Experian Share Price (LON: EXPN) Hit Highs As Analysts Upgrade

Experian's share price (LON: EXPN) has continued on an upward trend over the past 12 months, with today's 2.1% gain bringing the 12 month increase to to an impressive 47%. This has unsurprisingly led EXPN to hit new 52 week a

Experian Office1
Asktraders News Team
Intertek Share Price (LON: ITRK) Hits New High

Renowned for its comprehensive work in the testing and safety industry, Intertek's shares (LON: ITRK) could be one to watch with a YTD rise of 22.63% bringing the stock to new

Intertek Logo
Asktraders News Team
Ferguson Shares: Fed Rate Cuts Offer Potential Tailwinds

Ferguson's (NYSE: FERG) (LON: FERG) recent Q4 2024 results delivered flat organic growth, in line with expectations, according to analysts at Goldman Sachs in a note this week.

Ferguson
Sam Boughedda
Pennon Group Revenue Impacted By Lower Demand

Pennon Group (LON: PNN), the parent company of South West Water and SES Water, announced a trading update for the period to 26 September 2024 on Thursday, saying revenue, on a like-for-like basis, has been impacted by lower c

Pennon Group site
Sam Boughedda
Flutter Entertainment Stock Pops On $5bn Buyback News

Flutter Entertainment PLC (LON: FLTR), a leading global sports betting and gaming operator, saw its stock price jump by over 8% on Wednesday following a significant announcement. During its investor day, the company revealed

Flutter Entertainment Logo
Asktraders News Team
Rio Tinto’s Strategic Lithium Moves Spark Optimism

Mining and metals giant Rio Tinto Group (LON: RIO) has been gaining attention from analysts and investors alike for its strategic investments and projects focused on lithium, a critical component in the production of

Rio Tinto office
Asktraders News Team
FTSE 100 holding firm as China Cuts Rates

In the wake of two consecutive days of gains, the FTSE 100 is fighting to hold momentum on Wednesday. The index started the day lower by almost 0.4% before fighting b

uk stock market person holding union jack
Asktraders News Team
Redburn Atlantic Downgrades BP, Cuts Shell Price Target Amid Oil Market Weakness

Redburn Atlantic lowered its price targets for Shell (LON: SHEL) and downgraded

Crude Oil barrels
Sam Boughedda
Rightmove Rejects Third REA Group Takeover Proposal

Property website giant Rightmove (LON: RMV) has once again rejected a takeover proposal from Australian real estate group REA Group. [stock_market_widget type="chart" template

Searching for real estate property, house or new home
Sam Boughedda
BAE Systems Dividend Moves Closer

BAE Systems plc (LON:BA.), a prominent player in the defense, aerospace, and security solutions industries, has announced its upcoming dividend payment to shareholders.

BAE Systems Shares
Asktraders News Team
Burberry Shares Down 56% This Year: Uncertain Future Ahead?

Burberry Group's (LON: BRBY) shares took a hit this week after Jefferies analysts downgraded the luxury fashion brand from Hold to Underperform in a research note. [stock_mark

Burberry store
Sam Boughedda
AIM Under Threat? LSE Chief Raises Alarm

The Alternative Investment Market (AIM), London’s junior stock market, is reportedly facing an existential threat, according to London Stock Exchange (LSE) chief Julia Hoggett. Hoggett has issued a stark warning to the govern

Asktraders News Team
BP and Shell Share Price Targets Cut as Oil Market Faces Headwinds Next Year

Bernstein analysts cut the price targets of both BP (LON: BP.) and Shell (LON: SHEL) on Monday, citing potential headwinds in the oil market next year. [stock_market_widget ty

oil trading strategies
Sam Boughedda