The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBarratt Developments Share News (BDEV)

Share Price Information for Barratt Developments (BDEV)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 478.70
Bid: 480.80
Ask: 481.00
Change: 18.40 (4.00%)
Spread: 0.20 (0.042%)
Open: 464.50
High: 481.00
Low: 461.10
Prev. Close: 460.30
BDEV Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 2-Rising HK tensions, trade angst knock FTSE; domestic shares rally

Mon, 11th Nov 2019 09:26

* FTSE 100 down 0.4%, FTSE 250 up 0.3%

* Stocks vulnerable to Asia dive on Hong Kong tensions

* Trade sentiment uncertain

* Baker Greggs jumps after forecast upgrade

* Election update lifts pound, domestic stocks
(Adds news items, analyst comments, updates to closing prices)

By Muvija M and Shashwat Awasthi

Nov 11 (Reuters) - A mix of rising tensions in Hong Kong,
dampened U.S.-China trade sentiment and a firmer pound hit the
exporter-heavy FTSE 100 on Monday, while domestic stocks rallied
after the Brexit Party lent some clarity ahead of the Dec. 12
election.

The FTSE 100 slid 0.4% as a violent escalation of
protests in Hong Kong knocked nearly 2% off Asia-exposed banks
HSBC and StanChart and drove mining stocks
lower.

The main bourse handed back nearly all the gains it
accumulated last week, as the latest Chinese data disappointed
and U.S. President Donald Trump cast doubt on the progress of
trade negotiations with Beijing.

The FTSE 250, dominated by more domestically focused
firms, added 0.3%. Baker Greggs soared 16.5% after it
forecast annual earnings ahead of expectations, its best day
since floating more than three decades ago.

While expectedly downbeat domestic growth figures did little
to move the needle, sterling jumped after Brexit Party leader
Nigel Farage said he would not contest Conservative-held seats
in the election.

"Price action suggests that the possibility of fewer
obstacles in the way of an outright Conservative Party majority
would be welcomed by sterling buyers," Cityindex analyst Ken
Odeluga said.

"Given the fact that a bigger Parliamentary Tory party could
pass Boris Johnson's Brexit deal more easily, uncertainty that
has hamstrung Britain's economy would be curtailed."

JPMorgan's basket of London-listed companies
that make their cash at home surged 1.3% and enjoyed its best
day in nearly a month.

Brexit-sensitive stocks such as housebuilders also cheered
the news, with blue-chips Taylor Wimpey, Persimmon
, Barratt and Berkeley up 2%-3.6%.

Political developments helped alleviate some gloom cast by a
Moody's report in which the rating agency had warned it may cut
Britain's sovereign debt rating again.

Small-cap Sirius Minerals ended 8.4% higher, having
surged nearly 40% earlier, as the fertiliser maker produced a
revised development plan for its North Yorkshire polyhalite
project.

AIM-listed ECO Animal Health shed 24% and hit its
lowest level in almost five years after the veterinary medicines
maker blamed an outbreak of African swine fever and the trade
war for a hit to its performance.
(Reporting by Muvija M and Shashwat Awasthi in Bengaluru;
Editing by Saumyadeb Chakrabarty and Mark Heinrich)

More News
18 Feb 2024 23:26

Sunday newspaper round-up: Currys, Barclays, Homebuilders

(Sharecast News) - China's JD.com has been looking at a possible acquisition offer for Currys. Just the day before the electricals retailer had rebuffed an approach by private equity. Exploratory talks between Currys and JD had been held over the preceding weeks. Additional bidders may appear. It was understood that Currys had been contacted by multiple private equity firms on an informal basis over recent months after it was forced to cut its dividend payout. It was but the latest example of a British business being taken out and for some showed that British businesses were being chronically undervalued. - Sunday Telegraph

Read more
14 Feb 2024 16:53

LONDON MARKET CLOSE: Investors celebrate steady UK inflation

(Alliance News) - Stock prices in London closed higher on Wednesday, after data showed that the UK's annual inflation rate was steady last month, defying expectations of an acceleration.

Read more
14 Feb 2024 15:23

London close: Stocks rise as UK inflation holds steady

(Sharecast News) - London markets ended the day on a positive note on Wednesday as housebuilders rallied, following data indicating that UK inflation remained steady in January.

Read more
13 Feb 2024 16:53

LONDON MARKET CLOSE: Stocks in red amid sticky US inflation data

(Alliance News) - Stock prices in London closed in the red on Tuesday, after a key US inflation reading came in hotter-than-expected.

Read more
13 Feb 2024 16:21

London close: Stocks fall as US inflation tops expectations

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

Read more
13 Feb 2024 16:21

London close: Stocks fall as US inflation tops expectations

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

Read more
13 Feb 2024 08:48

LONDON MARKET OPEN: Slow start ahead of US inflation reading

(Alliance News) - Stock prices in London opened lower on Tuesday, with a stronger pound and interest rate sensitive stocks keeping a lid on the FTSE 100, following more robust than expected UK labour market data.

Read more
9 Feb 2024 11:44

LONDON MARKET MIDDAY: European markets quiet heading into afternoon

(Alliance News) - European stock markets were quiet heading into Friday afternoon, as investors eye the annual US consumer price index benchmarks revisions.

Read more
8 Feb 2024 09:04

LONDON BROKER RATINGS: UBS cuts LSE; Jefferies cuts Redrow

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
8 Feb 2024 07:50

LONDON BRIEFING: Unilever sets new buyback; Astra profit surges

(Alliance News) - Stocks in London are called to open slightly higher on Thursday, as investors eye a busy day of earnings.

Read more
7 Feb 2024 16:53

LONDON MARKET CLOSE: European equities slip but US stocks press on

(Alliance News) - The FTSE 100 underperformed on Wednesday, although equities in New York pushed higher despite lingering US interest rate worries.

Read more
7 Feb 2024 15:00

London close: Stocks slip as Barratt, Redrow announce merger

(Sharecast News) - London's stock markets finished in the red on Wednesday, as investors digested fresh house price data as well as news of a big merger in the housebuilding sector.

Read more
7 Feb 2024 12:01

LONDON MARKET MIDDAY: Barratt and Smurfit Kappa bookend FTSE 100

(Alliance News) - Stock prices in London were lower at midday Wednesday, with Barratt Developments and Smurfit Kappa sitting either side of the FTSE 100 index.

Read more
7 Feb 2024 08:43

LONDON MARKET OPEN: Barratt agrees GBP2.5 billion Redrow takeover

(Alliance News) - Stock prices in London opened lower on Wednesday, after housebuilder Barratt offered to buy FTSE 250 rival Redrow in a takeover deal, which values Redrow at GBP2.5 billion.

Read more
7 Feb 2024 08:21

TOP NEWS: Barratt agrees Redrow takeover as both report fall in sales

(Alliance News) - Barratt Developments PLC on Wednesday said it agreed the terms of an all-share takeover offer for smaller peer Redrow PLC, valuing Redrow at GBP2.52 billion.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.