FTSE 100 closes 55 down and UK mid-caps plunge; BoE raises prospect of rate rise
FTSE 100 closed down 55 at 7,419 as retail shares took a beating
Company
LON:DNLM
Dunelm Group PLC is a specialist out-of-town homewares retailer providing a range of products to a customer base, under the brand name Dunelm Mill.
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FTSE 100 closed down 55 at 7,419 as retail shares took a beating
The bank has raised its stance for the B&Q chain owner to ‘buy’ from 'hold’ with an increased price target of 440p, up from 380p previously
A look at some of the biggest London-listed risers and fallers today
Dunelm said the homewares market remains in decline but total revenue grew as margins and online sales rose
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Tesco is expected to underline recent progress and that legacy issues are being dealt with
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Week ahead: Tesco, Pagegroup, Hays, JD Sports, WH Smith ...
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Tesco is expected to underline recent progress and that legacy issues are being dealt with.
One suspects Barclays Capital has just employed a new team covering retail stocks with initiations of coverage across the board
FTSE 100 was three points higher at 7,238, Next rises strongly.
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Next plc is facing the industry-wide pressure of rising inflation but its issues are also company-specific
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Week ahead: Next, Kingfisher, Smiths Group ,Satellite Solutions ...
FTSE 100 shares closed higher on Friday, led by miners buoyed by strong trade data from China while several UK companies were snapping up US stocks in a role reversal from that seen in the days after the June Brexit poll when UK companies w
Some of the largest risers and fallers at 3.45pm: Connemara Mining, Scotgold, St Ives
Dividend up but homewares group's sales and profifts are under pressure
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Glaxo is the next pharmaceuticals giant to update the market and it will probably be a familiar story of increased competition from generic versions of its blockbuster drugs.
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BP could please on Thursday as its recent quarterly updates have proved a little disappointing. GlaxoSmithKline will unveil its numbers Wednesday.
Peel Hunt downgraded its stance on Dunelm to ‘hold’ from ‘buy’ and Jefferies International moved to 'underperform' from 'hold'
The main share price rises and falls in London at 3.30 pm
FTSE 100 shares continued their solid rally and even if it was Friday the 13th it was the 14th successive record high close for the blue-chip ticker, built this time by the construction sector
With an avalanche of updates to trudge through – not least a blizzard of them today – the actual outcome has not sent as many shivers through the City as expected.