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IAG, Rolls Royce and British American Tobacco on the agenda for busy blue chip Thursday
Its set to be a busy day for blue-chip news in London on Thursday.
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LON:FOXT
Founded in 1981, Foxtons started life as a two-person agency in Notting Hill. Over the years we are proud to have become London's leading estate agent.
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Its set to be a busy day for blue-chip news in London on Thursday.
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The Week Ahead will also bring a trading update from AB Foods, plus final results from Standard Chartered, IAG, Persimmon, Rightmove, as well as the latest US GDP data
“2018 was one of the toughest sales markets we have ever had in London with transactions falling from last year's historically low levels”
The FTSE 100 closed strongly as it joined a global rebound off last weeks volatility, however the latest Budget did little to help matters along
Demand for rental properties remains high but had little impact on average rental prices as the supply of rental properties has returned to more normal levels.
Investments and investor services
The Footsie may have mainly traded sideways throughout the day but there have been some notable movements among blue-chips.
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Day ahead includes full-year results from blue chips including broadcaster ITV PLC, housebuilder Taylor Wimpey PLC, motor insurer Admiral PLC, and mid cap estate agents Foxton's PLC
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The week ahead includes a slew of full year results, including from Taylor Wimpey, Persimmon, GKN, Capita, AB Foods and WPP
The London-focused estate agents said it expected its revenue to fall by around 12% to £117mln, with adjusted underlying earnings (EBITDA) to drop by 40% to around £15mln
2017 revenues will be around £672mln, versus market expectations of £698mln. EBITDA of around £65mln is well below the £71.5mln that had been expected by UBS
Investments and investor services
A look at some of the top risers and fallers in London today.
Investments and investor services
The FTSE 100 closed lower on Thursday as there was no clear direction across global equities
Investments and investor services
UK stocks could do with a catalyst and tomorrow's US jobs numbers might provide it
"This was a resilient third quarter performance when set against the challenging conditions in the London property market”
A look at some of the biggest risers and fallers today in London
Berenberg said Purplebricks is its preferred stock in the sector while it is "disliking" Countrywide and Foxtons
Property sales tumbled by a third in the half year to June
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It's been a busy day here in London; 15% of FTSE 100-listed companies have had some sort of meaningful news out...
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Lloyds Banking Group and Royal Dutch Shell are among a slew of companies reporting earnings on Thursday