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LONDON MARKET MIDDAY: UK inflation uptick, weak China data hits stocks
(Alliance News) - Stock prices in London were lower at midday Wednesday, as hotter-than-expected UK inflation data served as a setback to early rate cut expectations.
Read moreTue, 22nd Mar 2011 11:39
(Alliance News) - Stock prices in London were lower at midday Wednesday, as hotter-than-expected UK inflation data served as a setback to early rate cut expectations.
Read more(Alliance News) - Stock prices in London took a hit on Wednesday morning, after some hotter-than-expected UK inflation data added to interest rate worries.
Read morePrudential PLC - London-based, Asia-focused life and health insurer and asset manager - Completes share buyback programme that was announced earlier this month. Across programme, which began on Monday last week, buys back 3.9 million shares at an average of GBP8.27 each for a total GBP31.8 million.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:
Read morePrudential PLC - London-based, Asia-focused life and health insurer and asset manager - Contracts Barclays Capital Securities Ltd, part of Barclays PLC, to conduct a share buyback programme that will repurchase about 3.9 million shares at a maximum cost of GBP38 million. At the current market price, 3.9 million Prudential shares are worth GBP32.3 million. The buybacks are intended to offset the dilution that will be caused by the vesting of awards under Prudential's employee and agent share schemes.
Read more(Sharecast News) - UK stocks edged higher to a seven-month high on Friday morning, though gains were likely to be limited in a shortened trading session ahead of the New Year's break.
Read more(Sharecast News) - London's stock markets had turned negative by lunchtime on Thursday, reflecting a subdued trading environment during the typically quiet period between Christmas and New Year.
Read more(Alliance News) - Stock prices in London opened slightly higher on Thursday, with investors feeling quietly optimistic on the penultimate day of trading for 2023.
Read more(Alliance News) - Prudential PLC on Wednesday said that, together with its local partner, it has invested an additional CNY2.5 billion, about USD351 million, into a life insurance joint venture in China.
Read more(Sharecast News) - International insurance giant Prudential has approved a capital increase for its business in Mainland China to drive growth.
Read more(Sharecast News) - London's stock markets finished with a positive performance on Wednesday, with the FTSE 100 and FTSE 250 both closing in the green.
Read more(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.
Read more(Alliance News) - Stock prices in London were mixed on Tuesday afternoon, with gains for the property sector pushing the FTSE 250 higher, but miners weighing on the FTSE 100.
Read more(Alliance News) - The FTSE 100 closed lower on Wednesday, despite a bullish session for European peers, as the blue-chip index's China-exposed stocks and natural resources sector struggled.
Read more(Alliance News) - European equities were largely higher heading into Wednesday afternoon's US gross domestic product reading, though London's FTSE 100 underperformed as China-exposed shares and international earners declined.
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