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The UK 100 has had a pretty lackluster week, filled with mostly choppy price action which has left it little changed from where it ended last week. However, the UK 100 is still modestly up for the week, trading at 7426.5 as at the time of filing this analysis report. Price action on the…
Beleaguered fashion and homewares retailer, Laura Ashley, saw its share price slide by 40 per cent this week after it admitted it was looking for an emergency injection of funds. Its stock has shot up again now by just over 18 per cent, now standing at 2.10p, after its majority shareholder Malaysian group MUI, agreed…
Price comparison site Moneysupermarket.com has topped the table for investors after an 11 per cent price share surge following robust full year results. The site, which compares and switches financial products for consumers, posted results in line with market expectations, reporting a nine per cent increase in group revenue from £355.6m to £388.4m. The stock,…
A revival in the UK housing market, and the news that the HS2 railway line, will go ahead is boosting share prices for building companies. Britain’s biggest builder’s merchants, Travis Perkins had its rating upgraded from analysts Citi from ‘neutral’ to ‘buy this week’. Its share price had risen just over one per cent yesterday,…