FTSE 100 drops; US stocks hammered as hot jobs read dashes rate cut hopes
The FTSE 100 turned negative on Friday
Company
Glenveagh Properties PLC
LON:GLV
Following its successful €550m IPO and €214m follow-on Capital Raise, Glenveagh has assembled a compelling 11,000+ unit landbank for building to capitalise on the favourable market backdrop which exists within the Irish residential sector.
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FTSE 100 closes up while European indices fall despite talk of new ECB lending
Footsie closed at 7,196 - up 12.57 points, while FTSE 250 finished in the red - down around 83 at 198,359
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Legal & General to see new chief exec hog spotlight on Wednesday
While the insurer is scheduled to report its finals, the figures may be overshadowed by the new head of its investment management arm Michelle Scrimgeor
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Insurance will be the corporate key in coming week, though US jobs data should be biggest draw
The Week Ahead brings updates from the likes of Aviva, Direct Line, L&G and Admiral, while investors can also bet on Paddy Power Betfair and GVC Holdings
Builders and building materials
Irish homebuilder Glenveagh Properties boasts of “very productive” 2018
The housebuilder is 'ahead of schedule' with its strategy and boasted a strong performance for its starter homes programme