
London close: Stocks slip on GDP revision, Middle East tensions
(Sharecast News) - London stocks closed in the red on Monday, with heightened geopolitical tensions in the Middle East weighing on investor sentiment.
Read moreTue, 03rd Aug 2021 12:23
(Sharecast News) - London stocks closed in the red on Monday, with heightened geopolitical tensions in the Middle East weighing on investor sentiment.
Read moreRightmove had rejected fourth REA bid earlier on Monday
*Read more(Alliance News) - REA Group Ltd on Monday said it no longer intends to make a bid for Rightmove PLC bemoaning a lack of engagement with the UK listed firm.
Read more(Alliance News) - Stock prices in London remained lower at midday on Monday following GDP data, though the news of the day remained stimulus efforts in Beijing.
Read more(Alliance News) - Rightmove PLC on Monday rejected a sweetened takeover approach from Australia's REA Group Ltd and turned down a request to extend the bid deadline.
Read more(Sharecast News) - Rightmove tumbled on Monday after Rupert Murdoch's Australian property business REA Group said it was abandoning its pursuit of the property portal after a fourth, £6.2m takeover proposal was rejected.
Read moreFTSE 100 up 0.4%, FTSE 250 adds 1.1%
*Read more(Sharecast News) - London stocks closed higher on Friday as investors digested a slowdown in the Federal Reserve's preferred inflation measure.
Read more(Alliance News) - Stock prices in London closed higher on Friday, ending the week strongly, as stimulus measures in China continued to give equities a shot in the arm.
Read more(Sharecast News) - Rightmove responded to a fourth unsolicited and "highly conditional" acquisition proposal from REA Group on Friday afternoon, urging shareholders to take no action while it considered the deal.
Read moreNew bid reflects implied value of 781 pence per Rightmove share
*Read more(Alliance News) - Stock prices in London were higher at midday on Friday, after a "blockbuster week" of fiscal stimulus measures from China and ahead of US data which is expected to "keep the soft-landing vibes in play".
Read more(Alliance News) - REA Group Ltd on Friday issued its fourth acquisition proposal to the board of Rightmove PLC, urging the company to engage in dialogue and extend the offer deadline.
Read more(Sharecast News) - REA Group urged the board of Rightmove to engage with it on Friday, as it made a fourth non-binding proposal to acquire the company, valuing it at £6.2bn.
Read more(Sharecast News) - London markets ended Thursday on a positive note, as investors reacted to a four-month low for US jobless claims, and renewed support measures from China.
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