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Market report: Housebuilders gain on Galliford update, Dunelm lifted by strong like-for-likes featured picture

Market report: Housebuilders gain on Galliford update, Dunelm lifted by strong like-for-likes

UK stocks head higher in tune with European markets on Wednesday, the FTSE 100 adding 0.3% to 7,157 to close in on recent highs, although traders have one eye on the pound after the consumer price index dropped below 2% for the first time in a year. Leading the gainers is packaging firm DS Smith (SMDS) with shares up 4% to 349p following strong results from rival Smurfitt Kappa (SKG) which is ...
Market report: Plus500 plunges on profit warning, Debenhams rebounds on funding lifeline relief featured picture

Market report: Plus500 plunges on profit warning, Debenhams rebounds on funding lifeline relief

The FTSE 100 advances 26 points to 7,155 on Tuesday, extending yesterday’s gains with miners, tobacco stocks, banks and healthcare firms helping to drive up the blue-chip benchmark early on. Online trading platform Plus500 (PLUS) plummets 35.2% lower to £10.06 on a warning 2019 profit is likely to be ‘materially lower than current market expectations’ due to the revenue impact of tighter ...
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