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FTSE 250 movers: Housebuilders rally; IWG slumps on profit warning
London’s FTSE 250 was up 0. 3% at 22,908. 64 in afternoon trade on Monday.
FTSE 100 movers: BT rallies; miners retreat
London’s FTSE 100 was up 0. 3% at 7,089. 12 in afternoon trade on Monday.
Retail footfall surges amid warm weather, half term
Footfall at UK retail destinations surged last week, boosted by warm weather and the half-term holiday, according to research released on Monday by retail analysts Springboard.
London midday: Stocks maintain gains as housebuilders rise, miners fall
London equity markets were still a little higher by midday on Monday, with strength in the housebuilding sector helping to offset weak mining stocks after disappointing Chinese data.
China's export growth slows more than expected in May
China’s export growth slowed more than expected in May, according to data released on Monday by the National Bureau of Statistics.
IWG warns over 2021 profits due to Covid restrictions
Workspace provider IWG warned on Monday that underlying profit for 2021 is set to be "well below" the previous year’s level due to Covid-related restrictions in some of its markets, but reiterated its expectations for a recovery in 2022.
Liberum upgrades Taylor Wimpey to 'buy', upbeat on sector
Liberum struck an upbeat note on the UK housebuilding sector on Monday, upgrading its stance on shares of Taylor Wimpey as it said recent updates confirmed trading has strengthened in April/May and house price inflation has spread to the new build sector.
Senior’s Flexonics business secures $8m contract with Bruce Power
Engineering solutions provider Senior said on Monday that its Flexonics business has been awarded an additional contract from Bruce Power as a key supplier for their Major Component Replacement (MCR) project.
German factory orders unexpectedly fall in April
German factory orders unexpectedly fell in April as domestic demand dropped, according to figures released on Monday by Destatis.
London open: Stocks nudge up as housebuilders rally
London equity markets nudged higher in early trade on Monday, with strength in the housebuilding sector helping to offset weakness in mining stocks after disappointing Chinese data.
London pre-open: Stocks seen muted after China trade data
London stocks were set for a muted open on Monday after the release of disappointing Chinese trade data.
Monday newspaper round-up: Amazon, retailers, Reckitt Benckiser
Experts have raised concerns that Amazon may escape paying significantly more tax in some of its biggest markets unless world leaders close a large loophole in a historic global deal. Finance ministers in London from the G7 group of wealthy nations, including representatives of the UK, US and EU, on Saturday agreed the landmark deal aimed at making the biggest companies such as Apple, Microsoft, Google and Facebook pay more tax. - Guardian.