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Search results for 'wickes'

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Positive updates boost FTSE, Bridgepoint makes stunning debut

London's FTSE 100 rallied for the second successive day following Monday's correction, climbing on hopes that central banks might maintain support for the global economy for longer given rising Covid infections as well as a number...

21 July 2021
FTSE higher at lunchtime, Next rallies on latest upgrade

London's FTSE 100 was in recovery mode on Wednesday after the recent big sell-off, gaining as several companies reported positive results. By midday, the blue chip benchmark was up 1.6% to 6,990.22 points.UK shares were buoyed as...

21 July 2021
FTSE opens higher, retailers shine after Next raises guidance

UK stocks opened higher on Wednesday as official figures showed the Government borrowed less than expected with the budget deficit coming in at £69.5 billion in the three months to June, helped by the reopening of the economy.The...

21 July 2021
Potential UK-listed takeover targets as the M&A frenzy heats up

A key theme in the UK market in 2021 has been a spate of takeovers, mergers and strategic deals involving British businesses as buyers, often from overseas, have been attracted by lowly valuations relative to other international...

15 July 2021
Building materials website CMO to list shares on AIM

Online-only building materials retailer CMO plans to list shares on AIM in early July to tap the boom in home improvement projects that has boosted the likes of Kingfisher (KGF), Wickes (WIX) and Travis Perkins (TPK).While there is...

24 June 2021
Spiralling housing demand causes price spikes in building materials

The associated impact of the surging housing market is a growing shortage of building products and raw materials, leading to cost inflation.There is a risk this could undermine the current boom in the home renovation market and hit...

03 June 2021
FTSE 100 closes Tuesday higher as FTSE 250 breaks new record

London's leading shares ended the day higher but eased from intra-day peaks as sterling weakness and bumper May manufacturing numbers were marginally offset by rising eurozone inflation data.The benchmark FTSE 100 closed Tuesday up...

01 June 2021
FTSE 100 powers ahead at midday as UK economic bounce back gathers steam

London's leading shares built on early gains through the morning session on Tuesday, rallying on sterling weakness and bumper UK manufacturing numbers for May.The IHS Markit/CIPS UK Manufacturing Purchasing Managers' Index rose to...

01 June 2021
Demerged DIY retailer Wickes rides home renovation boom

Shares in Wickes (WIX) were among the main FTSE 250 risers on Tuesday, bid up 5% to 268.5p. The DIY retailer spun out of Travis Perkins (TPK) in April, surprised investors with a positive trading update.With sales growth tracking...

01 June 2021
FTSE off to strong June start led by miners, Biffa up on better than feared results

London's FTSE 100 opened higher on the first trading day of June, buoyed by resources plays as global recovery hopes drove further rises in commodities prices.By 8.30 am, the benchmark FTSE 100 index was up 0.5% at 7,057.54 points...

01 June 2021
Get the lowdown on Wickes after its demerger

Shares in DIY retailer Wickes (WIX) have begun trading (28 Apr) as a stand-alone business on the London Stock Exchange (LSE) following its Covid-delayed demerger from Travis Perkins (TPK), a deal which saw the erstwhile parent's...

29 April 2021
FTSE drops as pound strengthens on retail sales jump

Leading UK shares fell throughout morning trading on Friday as a jump in retail sales lifted the pound and hurt export-orientated companies.The benchmark FTSE 100 lost 0.47% to 6,905 by lunchtime with large dollar-earning exporters...

23 April 2021
FTSE 100 opens lower despite UK retail sales surge; Firstgroup jumps

Leading UK shares fell in early trading on Friday despite a surge in March retail sales as a stronger pound weighed on export-oriented companies.The benchmark FTSE 100 lost 0.26% in early deals at 6,919.95 with large dollar-earning...

23 April 2021
Strong growth at Travis Perkins bodes well for Wickes spin-off

Shares in builders' merchant Travis Perkins (TPK) climbed 3.3% to a new 12-month high of £16.97 after the firm posted a first quarter trading update showing strong growth in sales not just on the same period last year but also on...

15 April 2021
FTSE 100 gets off to steady start on Thursday, Deliveroo orders soar

UK stocks got off to a steady start on Thursday, boosted by gains in heavyweight mining stocks, while Deliveroo (ROO) posted a jump in first quarter orders. The benchmark FTSE 100 rose 0.3% in early deals, hitting 6,960.85, with...

15 April 2021
Oil price rebound buoys FTSE, Gamesys gains as Bally's bids

A rebound in oil prices after a container ship blocked the Suez Canal helped the FTSE 100 finish in positive territory on Wednesday following a jittery start.By the close, the blue chip benchmark was 0.2% higher at 6,712.89 with...

24 March 2021

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