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ShareCast News - Market Report





London close: Ebola and downbeat Chinese housing data weigh on markets

London shares ended Friday on a negative note amid fresh jitters about the Ebola virus and weak Chinese property data.
[Yesterday 16:23]

London midday: UK stocks hit by Ebola worries, travel stocks fall

UK stocks fell on Friday morning after the FTSE 100 hit its highest level in two weeks the previous session, with investors treading cautiously after another reported case of Ebola in the States.
[Yesterday 11:33]

London open: Ebola fears hit UK stocks after NY doctor tests positive for virus

UK stocks experienced some selling pressure on Friday morning after rising to their highest in two weeks, as renewed concerns about the spread of Ebola weighed on market sentiment.
[Yesterday 08:35]

London pre-open: FTSE to open lower ahead of German data, UK GDP

Reports of a new case of Ebola in the States, together with upcoming EU bank stress test results and German consumer confidence figures, are all set to provide a drag on UK markets at Friday's opening bell.
[Yesterday 07:31]

London close: Supermarket share slump limits market gains

UK supermarkets held back London shares on Thursday after beleaguered Tesco reported lower first half profits and said the hole in its accounts was bigger than thought.
[Thu 16:15]

FTSE 250 movers: Foxtons dives after issuing profit warning

Estate agency group Foxtons plunged after it delivered a profit warning after being hit by the slowdown in the UK property market. The company said that full-year operating profits would be "below the prior year figure of 49.6m".
[Thu 15:59]

FTSE 100 movers: Tesco leads downside after profits slide

Tesco led the downside after its first-half trading profits fell 39.4% at constant exchange rates to 937m. Tesco's chairman Sir Richard Broadbent announced his own succession process had begun, as the company's UK like-for-like sales fell 4.6%. Although its pension deficit surged from 2.6bn to 3.4bn, and net debt increased by 0.5bn year-on-year to 7.5bn, the company later ruled out a rights issue.
[Thu 14:46]

London midday: UK stocks decline after Tesco, Tullow and Unilever disappoint

Poorly-received updates from heavyweights Tesco, Tullow Oil and Unilever and a profit warning from Foxtons were weighing on UK markets on Thursday, though trading was choppy after some better-than-expected data from the Eurozone.
[Thu 10:34]

London open: Tesco leads UK stocks lower as first-half profits drop

UK stocks fell sharply on Thursday morning, led by poorly-received updates from blue chips Tesco, Tullow Oil and Unilever and a profit warning from Foxtons.
[Thu 07:45]

London pre-open: FTSE to open lower ahead of European data

UK stocks are expected to track declines seen in the US overnight, with City sources predicting the FTSE 100 will open around 45 points lower than Wednesday's close of 6,399.73.
[Thu 06:45]



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