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ShareCast News - Market Report





London close: FTSE snaps four-day losing streak on China hopes and upbeat data

London's Footsie managed to hold on to gains by the close on Monday, snapping a four-day losing streak, as hopes for stimulus in China and strong economic data gave sentiment a boost.
[Yesterday 16:45]

FTSE 250 movers: Al Noor Hospitals hit by downgrade, energy stocks lower

Al Noor Hospitals Group led the fallers as Numis Securities cut its rating from 'add' to 'hold', arguing that the consensus for the company's margins is too high.
[Yesterday 13:33]

FTSE 100 movers: Kingfisher surges as French acquisition falls through, miners higher

Kingfisher surged after revealing its deal to acquire French rival Mr Bricolage will not go ahead as a result of shareholder and board opposition to the terms of the deal. Some Mr Bricolage franchisees are thought to fear the store closures that would be necessary for Kingfisher to win regulatory approval of the takeover.
[Yesterday 13:29]

London midday: Chinese stimulus hopes drive UK stocks higher

UK stocks were in positive territory on Monday for the first time in five days as speculation about stimulus in China buoyed sentiment.
[Yesterday 11:57]

London open: Stocks snap losing streak on central bank hopes

UK stocks were snapping a four-day losing streak on Monday morning as hopes for central bank support repaired sentiment.
[Yesterday 08:35]

London pre-open: UK stocks to open higher after recent falls

UK stocks are expected to rebound slightly on Monday morning, snapping a four-day losing streak ahead of a busy day for economic data.
[Yesterday 07:41]

London close: UK stocks fall for fourth day as mining shares tank

UK stocks extended their losing streak into the fourth day on Friday as a sell-off in iron ore and a stronger dollar hit share prices in the mining sector.
[Fri 17:04]

FTSE 250 movers: Homeserve higher on strong winter trading, oil stocks and miners lower

Homeserve was trading higher after a reassuring trading statement that revealed trading in its busy winter period had been "good" and in line with its full-year targets. Management was also pleased with levels of customer growth across the international businesses, having reported good customer number growth in its February trading statement.
[Fri 13:13]

FTSE 100 movers: Carnival lifted by strong results, airline stocks rebound

Carnival topped the risers as strong first-quarter results prompted a lift in full year earnings guidance. It boasted that advance bookings for the remainder of 2015 were steaming ahead of the prior year and at higher prices.
[Fri 13:12]

London midday: UK stocks continue to retreat as miners fall

Mining stocks led UK equity markets lower on Friday as the pull-back from recent records continued, with little in the way of corporate or economic news to drive sentiment.
[Fri 11:38]



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