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Sector movers: Financial services, real estate pace losses

Tue, 14th Jun 2016 15:14

(ShareCast News) - The results of another online poll pointing to increased momentum for the 'Leave' camp ahead of the EU referendum was again weighing on sterling and financial services and real estate investment firms on Tuesday.According to the latest YouGov poll published in The Times on Tuesday, support for Brexit jumped by three percentage points to 46.0% over the latest week, while support for 'Remain' lost another three percentage points to stand at just 39.0%, with 11.0% of voters saying they were undecided and another 4.90% that they would not vote.As of 14:33 BST cable was down 0.68% to 1.4172, alongside a dip in 10-year German government debt yields into negative territory for the first time ever.The yield on similarly-dated benchmark Gilts also hit a record low at 1.144%.Yields on the 10-year Bund retreated both as investors continued to seek out safe havens and on expectations that the Brexit-related uncertainty would act as a drag on growt"These results alarmed markets and saw our 10-poll average narrow to a slim 0.2pp lead for Remain. The result is due partly to a greater share of online polls in the sample, which have typically shown stronger leads for Leave. But beyond polling noise, it appears that more voters are 'flirting with Brexit'. For this reason, last week we increased our probability of Brexit to the top end of our 30-40% range, but have not increased it further," analysts at Citi said.Travel&Leisure stocks were weighed down by stock in one company in particular, Go Ahead. The troubled transport giant told investors to no longer expect 3% margins from its Govia Thameslink Railway franchise, as previously indicated, but rather something closer to 1.5%, because of the cost of strikes and the project to rebuild London Bridge Station.Front month crude oil futures were down by 0.801% to $49.95 per barrel on the ICE.Bottom performing sectors so far todayFinancial Services 8,231.00 -2.08%Real Estate Investment & Services 2,583.42 -2.00%Oil & Gas Producers 6,337.69 -1.78%Media 6,846.49 -1.77%Travel & Leisure 8,066.59 -1.77%
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13 Jun 2022 10:00

TOP NEWS: Go-Ahead latest UK transport firm to receive bid interest

(Alliance News) - Go-Ahead Group PLC on Monday said it has received two takeover proposals at terms it "would be minded to recommend" should a firm offer materialise.

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13 Jun 2022 09:44

Go-Ahead surges after two takeover approaches

(Sharecast News) - Go-Ahead surged on Monday after the transport operator said it had received two separate takeover approaches at a price it would be minded to recommend if offers were made.

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11 May 2022 10:27

LONDON BROKER RATINGS: Goldman raises Watches of Switzerland to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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28 Apr 2022 12:01

Premier Inn owner Whitbread resumes dividend as UK recovery builds

April 28 (Reuters) - Premier Inn owner Whitbread resumed dividends on Thursday and said profit at its UK business could return to pre-pandemic levels this year despite inflationary pressures.

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27 Apr 2022 15:58

FTSE 100 rises on gains in miners, strong earnings; Aveva slumps

April 27 (Reuters) - London's FTSE 100 edged up on Wednesday, driven by gains in miners and strong corporate updates, although a fall in cyclical stocks and industrial software company Aveva Group capped its rise.

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27 Apr 2022 11:44

IN BRIEF: Go-Ahead posts lower interim profit; to reinstate dividends

Go-Ahead Group PLC - Newcastle, England-based public transport operator - Reports a slightly lower pretax interim profit. Pretax profit for the half-year ended January 1 falls to GBP50.1 million from GBP50.3 million a year ago. Revenue shrinks by 13% to GBP1.80 billion from GBP2.01 billion.

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26 Apr 2022 17:01

LONDON MARKET CLOSE: Stocks mixed as dour US open sours sentiment

(Alliance News) - Stocks in London ended mixed on Tuesday as earlier gains faded after US equity markets fell sharply at the open, while heavyweight oil majors helped keep the FTSE 100 in the green.

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26 Apr 2022 11:04

SMALL-CAP WINNERS & LOSERS: National Express lifts transport providers

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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13 Apr 2022 10:03

LONDON BROKER RATINGS: Deutsche cuts Ferguson; JPMorgan low on LandSec

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday afternoon:

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12 Apr 2022 15:28

UK accounting watchdog investigating Deloitte over Go-Ahead audits

(Alliance News) - Accountancy giant Deloitte LLP is being investigated by the industry watchdog over its audits for scandal-hit bus and train group Go-Ahead Group PLC.

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12 Apr 2022 10:11

LONDON BROKER RATINGS: JPMorgan lowers Rolls-Royce; UBS likes Ryanair

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

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12 Apr 2022 08:02

LONDON MARKET PRE-OPEN: UK jobless rate dips; US inflation ahead

(Alliance News) - Stocks in London are set to open lower on Tuesday, following Monday's rout on Wall Street, as investors remain concerned about rising inflation and how central banks will respond.

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12 Apr 2022 07:55

FRC to probe Deloitte over Go-Ahead audits

(Sharecast News) - Britain's accounting watchdog has started a probe into Deloitte over its auditing of troubled bus and rail operator Go-Ahead.

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5 Apr 2022 16:32

FTSE 100 rises on healthcare, utilities boost

April 5 (Reuters) - London's FTSE 100 index edged higher on Tuesday powered by healthcare and utility stocks, while investors closely tracked the prospect of more Western sanctions against Russia over the war in Ukraine.

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5 Apr 2022 12:07

LONDON MARKET MIDDAY: Stocks ease as EU mulls more Russia sanctions

(Alliance News) - Stocks in London were mostly lower at midday on Tuesday as the West considered further sanctions against major crude producer Russia in response to killings in the Ukrainian town of Bucha.

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