FTSE 250 hits highest level in 15 months as Conservatives maintain poll lead November 26, 2019 The FTSE 250 nudged up 0.2 per cent this morning to 20,740, reaching its highest level since August 2018. The London index rose on the back of growing investor confidence that the Conservatives will win December’s General Election, after polls showed the party had maintained a healthy lead over Labour. Russ Mould, investment director at [...]
Government urged to make London Stock Exchange a battleground in fight against autocracies November 5, 2019 The government should give itself the power to block London Stock Exchange listings on national security grounds as a check on the “influence and reach” of autocratic states, a committee of MPs said. In a report released today, the foreign affairs committee (FAC) said the government is failing to engage with the threat to international [...]
Why as an investor I’m looking through Brexit fears September 24, 2019 | City Talk Following the twists and turns in Westminster of the past few weeks I expect many more market participants will simply place UK equities in the “too difficult” basket. Anecdotal stories of overseas investors selling their last UK stocks could start doing the rounds again. Brexit and political uncertainty have been a drag on UK equities, [...]
FTSE 100 and FTSE 250 reopen after glitch hits morning trading August 16, 2019 Trading in FTSE 100 and 250 stocks has reopened after a software issue that delayed the starting bell this morning was resolved. The London Stock Exchange (LSE) said it had “experienced a technical software issue” that had “affected trading in certain securities” but that this had been resolved. Read more: London stock exchange seals $27bn [...]
High-yielding Greene King shrugs off weather warning July 4, 2019 | City Talk Bad weather is bad news, but the dividend is attractive and Greene King typically excels in winter. On balance, Greene King (LSE:GNK) full-year numbers edge into the “glass half-full” category, as the pub owner and brewer continues to extract value from its brand and estate. Apart from a healthy return on capital of 8.5 per cent, Greene King [...]
RPS blames Aussies for share price collapse July 3, 2019 | City Talk By Graeme Evans from interactive investor. Profit forecasts slashed and rising debt threatening the dividend, will this crash attract bidders? A recovery for RPS Group (LSE:RPS) since an October profit warning has proved to be short-lived after Australia’s slowing economy derailed progress at the environmental consultancy. The latest warning sent shares in the Abingdon-based business crashing by as much as [...]
Dunelm shares: Upgrade cycle not over June 25, 2019 | City Talk By Graeme Evans from interactive investor Up 70% already in 2019, this quality operator is well-fancied and tipped to keep outperforming. Dunelm (LSE:DNLM) continues to defy expectations after another profits upgrade extended the home furnishing chain’s remarkable share price rally for 2019 to a whopping 81%. One of the stand-out performers in the FTSE 250 index so far this [...]
Ted Baker share plunge fails to attract buyers June 17, 2019 | City Talk By Graeme Evans from interactive investor. Despite sinking to prices not seen since 2012, investing in Ted shares remains hugely speculative. Ted Baker (LSE:TED) shares are trading at levels not seen since November 2012 after another profits warning accelerated the de-rating of this former high-flying lifestyle brand. Whereas Ted’s shares had once been reassuringly expensive at around 30 times [...]