Shares in UK housebuilders have suffered a real drubbing today (down as much as 5%). This may surprise many of you, especially in light of all that positive housing market data and decent results/outlook from the big name builders since the referendum. However, there are a handful of reasons that can explain today’s negative share…
UK’s housebuilders are getting a drubbing this morning (down 1% to 3%). A non-exhaustive handful of reasons can explain poor performance for what is a much-loved sector for retail investors. Yesterday’s more balanced view from the Bank of England (BoE) on interest rate outlook, with economic growth holding up surprisingly well, reduces the probability of…
Shareholders in Wetherspoon (JDW) are crying into their beer this morning despite solid Q1 underlying sales growth and what is described as a decent start to the year. As always outlook is king, and so a cocktail of comments from the character that is Chairman Tim Martin are weighing on investor sentiment, putting the shares…
As the second round of FBI investigations into Hillary Clinton‘s use of a private email server continue, the latest ABC opinion polls show Donald Trump with a ‘slim’ one point lead over his Democratic counterpart. What impact has this 13% swing in voting opinions had on markets? Below is a round up of the performance…
Shares in Asia-focused Standard Chartered (STAN) are leaking most on the UK 100 this morning after Q3 profits (pre-tax, pre-exceptionals) missed consensus. Management highlighting still elevated loan impairments and expectations for markets to remain challenging is a message investors don’t want to hear. Not when data from China shows signs of stabilisation, soothing market fears…
In the 3 months since the Brexit vote, the UK 100 went from dire straights in the immediate aftermath to a bounce worthy of an Olympic gymnast as the foreign earners’ club lifted the index to post fresh all-time highs. But as we reach the home straight of third quarter earnings season, some of those…