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Redrow Shares News & Articles

FTSE flat as investors await Fed update, The Hut struts higher, Redrow reports 66% profit slump

UK stocks tracked sideways in early trading on Wednesday as investors awaited an update from the Federal Reserve about the outlook for the US economy. At 8.39, the FTSE 100 was ever so slightly lower, off 0.15% at 6,096.30 points. E-commerce company The Hut (THG), the Manchester-based owner of the Lookfantastic website, surged 27% higher to 635p, having priced its IPO at 500p, as conditional ...

Winners and losers among housebuilder, portal and estate agent shares as housing market is defrosted

The housing market is emerging from hibernation but as investors in directly related sectors like housebuilders and estate agents count the cost of lockdown they have seen a significant divergence in share price performance. There are a number of factors behind these disparities. A look at the table of year-to-date performance suggests that financial strength has been a clear dividing line but ...

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 100 reverses early gains in face of new plunge for oil, DFS rallies but Redrow slides

UK stock markets lost their modest early gains on Monday as investors continued to mull the damage the coronavirus pandemic is having on the global economy and company earnings. While the benchmark FTSE 100 nudged 0.5% higher in early deals, that positive momentum proved short-lived, with the UK's leading index falling 0.9% into the red at 5,737.31. The more domestic facing FTSE 250 saw a ...
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