Shares News

UK share dealing gets off to a slow start on a typically quiet Friday morning session with investor attention elsewhere. At the start of share trading the benchmark FTSE 100 is down roughly 25 points at 7,382.04, led by miners Evraz (EVR) and Anglo American (AAL), both off by around 3% at 373.7p and £20.495 respectively. British American Tobacco (BATS) tops the FTSE 100 leader board on ...

Backing companies where directors have ‘skin in the game’ can potentially be a decent strategy for investing. After all, company directors know the state of their business better than anyone. Many investors like to keep a keen eye out for those that are buying and selling and often follow their lead in and out of those companies. Every Thursday, Shares will roundup the biggest ...

THIS IS AN ADVERTISING FEATURE With strong GDP growth, a stable macro-economic environment, increasing exports and record levels of foreign direct investment, it is easy to see why Vietnam is considered among the world’s most exciting markets. VinaCapital Vietnam Opportunity Fund provides investors with exposure to a range of carefully selected investments in the listed and private companies ...

Shares in supermarket Sainsbury’s (SBRY) added 1% to 207p after results for the first half showed the firm continuing to grow its food sales ahead of the market. Like-for-like sales excluding fuel were down 1% in the six months to 21 September, while grocery sales were down 0.1% on an organic basis as customers ‘responded to lower prices and new value brands’. The most recent Kantar ...

Gambling group Flutter Entertainment (FLTR), owner of the Paddy Power, Betfair and Sportingbet brands, reported 10% growth in revenues to £533m for the third-quarter to September 2019. The FTSE 100 company also raised guidance for its market leading US business, which trades as FanDuel, yet investors were left unimpressed, leaving the share price ticking nearly 1% lower to £79.62. CUT ...

Investors are reassured by a third quarter trading update from housebuilder Persimmon (PSN) which suggests, despite the uncertain backdrop in the UK, sales picked up as normal in the autumn. The shares advance 2.6% to £23.34. The update itself, not unusually for a Q3 statement, was light on detail in terms of margins and pricing but management note consumer confidence has remained ...

Shares in TheWorks.co.uk (WRKS) crashed 43% lower to 44p on Thursday as the cut-price gifts, arts, toys and books seller posted another profit warning, leaving the stock languishing well below its 160p, July 2018 IPO issue price. Recent like-for-like sales haven’t improved as much as hoped. And with management also taking a cautious view on Christmas, the company warned full year pre-tax ...

The FTSE 100 has opened higher as investors await a decision on interest rates from the Bank of England with cautious optimism. Also helping the FTSE and other indices across Europe are reports that the US and China have agreed to remove existing tariffs. An official from China's Ministry of Commerce is quoted as saying  talks between US and Chinese negotiators were ‘constructive’, with ...

Shares in BT (BT.A) plunged nearly 5% in early afternoon trading on Wednesday after Virgin Media agreed a five-year deal with rival Vodafone (VOD) to run its mobile virtual network operator service. The agreement will replace Virgin Media's current deal with BT and means Virgin Mobile services, including its 5G capability, will be hosted on the Vodafone network. The BT/Virgin deal expires in ...

THIS IS AN ADVERTISING FEATURE Trading at multi-year lows, banks are the key reason why the financial sector has underperformed underlying equity markets over the past few years. September 2019, however, highlighted how exposed investors are to any change in sentiment as banks, seen as value stocks, were the biggest beneficiary of the rotation out of growth stocks and into value stocks sparked ...