Construction giant, Balfour Beatty received a budget boost when the chancellor revealed an increase in infrastructure spending, with shares raising as much as 19 per cent this week. Most of that gain has been wiped out now, in the latest bout of coronavirus fears and share prices are standing at 246.11p, so could Balfour Beatty…
Despite strong financial results, Computacenter has suffered from this week’s UK Index bloodbath with a 12 per cent share price fall after it posted a note about the potential impact of coronavirus. The computer services group posted great results for 2019 – pre-tax profit jumped by 30.4 per cent to £141m and revenue increased by…
Market activity on the UK 100 continued to be dominated by coronavirus The selloff on the UK 100 continued this week after last week’s bloodbath. The week started where it ended the previous week, with more cases of the novel coronavirus (nCOVID-19) being reported around the world. Wednesday saw some reprieve for the global…
Insurance giant, Aviva, was one of the UK 100 ’s gains this week, seeing its stock rise almost four per cent after reporting operating profits of £3.2 billion. Before the results, Aviva had seen a week-long slump to its share price thanks to widespread flooding and coronavirus fears. The results looked solid all round with…
The situation on the UK 100 this week can best be described as a bloodbath. The week started with news that the number of new coronavirus (COVID-19) cases had exploded in Italy, South Korea, Iran and Afghanistan, sending shockwaves through the global stock markets. What has followed from Monday is a relentless selloff in almost…
Bookie, William Hill, saw its share price dip by 2.5 per cent after posting disappointing results that showed full-year net revenues were down two per cent year on year. The bookmakers reported full year net revenues of £1.6 bn and a 37 per cent fall in underlying operating profits to £137m. Its share price now…