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Hiscox Shares News & Articles

Market report: Thomas Cook plummets on rescue talks, Lookers crashes on profit warning

Against a backdrop of US markets hitting new all time highs, UK stocks open firmer with the FTSE 100 up 0.23% in early trading to 7,527 and the FTSE 250 up 0.25% to 19,492. The best-performing sectors are house-builders, general industrials and oil and gas equipment and services. The biggest mover in the FTSE 100 is insurance provider Hiscox (HSX), down 5% to £16.58 after it told investors ...

Market report: Brexit frustration and dividends drag on UK markets, while WH Smith profits fail to inspire

UK stocks are in modest decline in early trade on Thursday as investors come to terms with the can being kicked down the road again on a Brexit outcome following last night’s extension to the end of October. Many businesses may be breathing a sigh of relief at a possible side-stepping of a more draconian deal. Travel stocks are certainly leading the charge, with budget airline EasyJet ...

Market report: Royal Mail set for FTSE 100 exit as markets drift on limited corporate news

All eyes are on Royal Mail (RMG) ahead of the FTSE 100 re-shuffle next Tuesday. With the shares trading down another 2% to 317p on Friday, its current market capitalisation of just over £3.2bn. That puts it in 119th spot in terms of valuation on the UK stock market, well below the 110th place cut-off, meaning it will automatically be ejected from the blue-chip index. This sums up a ...

Market report: Insurer Hiscox battered by claims, tech guru Micro Focus extends buyback

Markets get off to a slow start on Monday with the FTSE100 losing 0.3% to 7,094 points and US futures down a similar amount after losses in Asia on escalating trade concerns. Shares in insurer Hiscox (HSX) retreat 7% to £15.32 after the company reports third-quarter results which include $125m of provisions for catastrophe losses. It also notes that claims have extended into October. As ...

Market report: Good news from China lifts FTSE, housebuilders rise on Help to Buy extension

Good news from China overnight helps lift the FTSE 100 this morning, up 0.3% to 7,395.68. The official purchasing managers’ index data for the Chinese manufacturing sector revealed the fastest pace of expansion in five years. Political factors also remain in the frame as violent clashes between police and voters marred yesterday’s unratified referendum in Catalonia. Traders will also be ...
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