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Intercontinental Hotels Group Shares News & Articles

FTSE 100 on the front foot as pressure mounts on returning PM Boris Johnson; Ashtead, Admiral higher

UK were firmer at the open on Monday, taking their cue from positive grey market trading on Wall Street and strong Asian gains, after the Bank of Japan expanded its monetary stimulus again. The benchmark FTSE 100 rallied a fraction off 100 point, or 1.7%, to 5,851.95, while the mid cap FTSE 250 charged 2% higher at 15,996.93. Asia markets have got off to a positive start as a raft of ...

FTSE gets relief rally, Marks & Spencer, Travis Perkins, Wetherspoon suspend dividends

The FTSE 100 bounced strongly on Friday, rising 4.6% to 5,389 points following gains in Asian markets overnight and expectations of more stimulus actions from around the world to combat the coronavirus pandemic. Stocks which have been hardest hit over the last two weeks bounced back strongly with share prices in Flutter (FLTR), Whitbread (WTB) and Royal Dutch (RDSB) all up double digit ...

Elegant Hotel soars on Marriott takeover but Intercontinental epitomises wider industry struggles

It has been a big morning for the hotel sector with takeovers, soaring share prices and fallout from the Hong Kong protests all featuring. Shares in luxury hotel operator Elegant Hotels (EHG:AIM) have soared 56.3% to 109.4p after it agreed an all cash 110p per share offer from Marriott International. Elegant Hotels operates upscale hotels in Barbados and St Lucia, and Marriott highlighted ...

Market report: UK stocks open weaker as China delivers weakest growth in 30 years

London’s FTSE 100 traded down 23 points at 7,159.2 on the back of China reporting weaker than expected growth of 6% amid worries that the trade war with the US was hitting factory production. The blue chip CSI300 index fell by 1.4%. Meanwhile the domestically focused FTSE 250 index was up 65 points to 20,286.2 points, buoyed by the prospect of the breakthrough Brexit deal getting passed by ...
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