FTSE 100 closes in the red as US stocks take a hit; Centrica tanks
Risers on the Footsie were outnumbered 3 to 1 by fallers
Company
LON:MGNS
John Morgan and Jack Lovell founded the company in 1977 as Morgan Lovell. Following the acquisition of William Sindall plc in 1994, the company was renamed Morgan Sindall and floated on the London Stock Exchange. Since then the company has become a leading construction and regeneration group with subsidiary companies operating within seven businesses Morgan Sindall is traded in the ISDX Exchange HERE
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Risers on the Footsie were outnumbered 3 to 1 by fallers
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Barclays will be a highlight in Thursday's schedule.
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Aside from the banking results, the week ahead will bring updates from other blue-chips firms such as BAE Systems, Anglo American, Pearson, and Reckitt Benckiser
Builders and building materials
In the first half of the current year, the company said its health and housing pipeline had grown to 26 schemes with £222.5mln of gross development value
Builders and building materials
The firm said during the six months its health and housing pipeline had grown to 26 schemes with £222.5mln of gross development value, while the pipeline for its modular arm, F1M, had increased to 12 projects with £19.1mln of future value
Builders and building materials
The group said trading in the second half had “remained strong” and that it was on track to deliver a performance in line with expectations set in its half-year results in August
Investments and investor services
Sterling's fall was good news for the Footsie's many big dollar earners
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Away from the banks, the financial sector will still be at the forefront of the market's mind as Prudential and Paddy Power Betfair prepare to release interim results
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Aside from HSBC's numbers, Prudential, L&G, Standard Life Aberdeen, and Hargreaves Lansdown are all on the results docket in the coming week
Builders and building materials
"Clearly, balance sheet strength is increasingly important,” Liberum observed, presumably with the likes of Carillion in mind
Investments and investor services
In London, the FTSE 100 closed down around 29 points at 7,252
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Day ahead includes a swathe of FTSE 100 results, including from the likes of Barclays PLC, British American Tobacco PLC, BAE Systems PLC, and Centrica PLC
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Week ahead includes a deluge of blue chip results, notably from the banking sector, including numbers from HSBC PLC, Barclays PLC, Lloyds Banking Group PLC, and Royal Bank of Scotland PLC
A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the day's big movers, such as Altyn, Thor Mining, N Brown, and Pets at Home
Investments and investor services
The pound is down 0.21% against the Euro and off 0.04% against the US dollar at the time of writing
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Is Corcoran leaving on a high or getting out while the going's good?
Builders and building materials
Half-year results are expected to show profit before tax in the region of £23.5mln, around 45% higher than in the previous year