London stocks hold onto gains as Brexit fears fade
The FTSE100 held onto most of its intraday gains to close over 3% higher on Monday after sentiment towards remaining in the EU grew
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LON:TW.
Taylor Wimpey plc is a dedicated homebuilding company with operations in the UK, North America, Spain and Gibraltar.
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The FTSE100 held onto most of its intraday gains to close over 3% higher on Monday after sentiment towards remaining in the EU grew
The FTSE 100 opened strongly as predicted, with the opinion polls suggesting the ‘remain campaign’ has a narrow lead ahead of the crucial vote on Thursday.
London’s FTSE100 index closed higher on Wednesday, just shy of the 6,000 mark, as markets priced in a no-change to US interest rates later in the day
Investments and investor services
The Footsie gained 56 points to 5979 while small-cap indices were also in positive territory
Investments and investor services
The Footsie gained 51 points to 5974 while small-cap indices were also in positive territory
Archive
The broker moves both recruiters Hays PLC and Michael Page International to 'sell' from 'hold'.
It came as premier index FTSE100 was losing ground as China inflation data disappointed.
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Acacia Mining, Booker Group, Taylor Wimpey, DCC are in Wednesday’s broker spotlight.
UK shares remained in the blue to close Tuesday in positive territory.
The FTSE 100 Index gained 29.16 points to about 6181 by lunchtime
A look at some of the most followed stories and topics of the day
The blue chip index is up around 54 points at the time of writing to 6,205, with miners doing well
Investments and investor services
The Footsie was 70.7 points adrift by lunchtime, although Taylor Wimpey rallied after an update
Housebuilder positive about the rest of 2016 but Nationwide figures point to market slowdown
Investments and investor services
Deutsche analyst David Lock said Tuesday’s share price rally was not justified by the bank’s revenue outlook or forecasts through to 2018 – Weir Group Plc, Cobham Plc and the UK house builders were also in the broker spotlight.
Other companies reporting include Lloyds Banking, Taylor Wimpey and WPP
Top-flight stocks fall but property shares, Grainger in particular, build momentum
Metals prices are on the up taking mining stocks with them