Dealmaking appears to be returning to the property sector as investors look to bag a bargain during the market slump. Shares in shopping centre owner British Land climbed 2.5 per cent, or 10.1p, to 407.3p after Canadian investment firm Brookfield Asset Management snapped up a 7.3 per cent stake. Traders also welcomed the news that … Read more
MARKET REPORT: China’s decision to abandon a key economic target and rising tensions with US casts pall over stock markets as week draws to a close By Francesca Washtell For The Daily Mail Published: 22:06 BST, 22 May 2020 | Updated: 22:06 BST, 22 May 2020 China’s decision to abandon a key economic target and … Read more
The FTSE 100 surged above 6000 last night amid hopes that a coronavirus vaccine and more stimulus measures could power an economic recovery. As global markets rallied, the Footsie rose 4.3 per cent, up 248.82 points, to 6048.59. This marked its highest close this month and its biggest one-day percentage jump since late March. Traders … Read more
MARKET REPORT: Online grocery sales boom will bring long-term gains for Ocado, say analysts, after its shares rise 50% this year By Francesca Washtell For The Daily Mail Published: 22:16 BST, 11 May 2020 | Updated: 08:36 BST, 12 May 2020 The recent boom in online grocery sales will bring long-term gains for Ocado, Berenberg … Read more
MARKET REPORT: Cruise operator Carnival loses more steam after US Congress looks into how it handled coronavirus outbreak on its ships By Francesca Washtell For The Daily Mail Published: 22:10 BST, 4 May 2020 | Updated: 22:10 BST, 4 May 2020 Cruise operator Carnival lost more steam after the US Congress began looking into how … Read more
Testing has always been key to battling coronavirus. But, now that governments are shifting their attention to easing lockdown restrictions, testing both for the active virus and the evidence someone has already had it are more important than ever. Two British pharmaceuticals groups shone on AIM yesterday on their testing-related milestones. Novacyt has inked a … Read more
MARKET REPORT: Textbook publisher Pearson pledges to pay out its dividend despite a drop in revenues By Francesca Washtell For The Daily Mail Published: 21:55 BST, 24 April 2020 | Updated: 21:55 BST, 24 April 2020 Textbook publisher Pearson has pledged to pay out its dividend despite a drop in revenues. The education group will … Read more
MARKET REPORT: UK shares join global rally as traders cheer promising results from possible coronavirus treatment from US By Francesca Washtell For The Daily Mail Published: 21:51 BST, 17 April 2020 | Updated: 22:16 BST, 17 April 2020 UK shares joined a global rally as traders cheered promising results from a possible coronavirus treatment from … Read more
MARKET REPORT: Exhibitions and events organiser Informa goes cap in hand to investors to raise as much as £1bn to weather coronavirus pandemic By Francesca Washtell For The Daily Mail Published: 22:29 BST, 16 April 2020 | Updated: 22:32 BST, 16 April 2020 Exhibitions and events organiser Informa has gone cap in hand to investors … Read more
MARKET REPORT: Retail investors dealt another blow as two more FTSE 100-listed dividend payers wield axe on shareholder payouts By Francesca Washtell For The Daily Mail Published: 22:06 BST, 15 April 2020 | Updated: 22:35 BST, 15 April 2020 Retail investors were dealt another blow as two more FTSE 100-listed dividend payers wielded the axe … Read more