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Rightmove


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UK housing market stabilises after "mini-budget" rates spike-Rightmove

UK housing market stabilises after "mini-budget" rates spike-Rightmove By Suban Abdulla LONDON, March 20 (Reuters) - The average price of homes coming on the market in Britain stabilised in March and activity is picking up towards more normal pre-pandemic levels after last year's "mini-budget" upheaval, a survey showed on Monday. Property portal Rightmove said asking prices for homes rose by a monthly 0.8% in March after the weakest February in records going back to 2001 when they flat-lined.
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London's FTSE 100 dragged by oil majors, but logs weekly gain

UPDATE 2-London's FTSE 100 dragged by oil majors, but logs weekly gain For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window UK Feb services (PMI) rises to 53.5 Mining stocks gain on higher metal prices Rightmove down on decline in site engagement FTSE 100 flat, FTSE 250 adds 0.4% Updates prices to close; adds details, comments By Ankika Biswas and Shashwat Chauhan March 3 (Reuters) - The UK's FTSE 100 lost its initial momentum on Friday, drag
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UK Stocks-Factors to watch on March 3

UPDATE 1-UK Stocks-Factors to watch on March 3 Adds news items, updates futures March 3 - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0. 23 %. * PEARSON: British education group Pearson PSON.L said it would grow sales by low to mid single digits this year after demand for English language learning helped sales rise 5% and operating profits rise 11% in 2022, in line with its update last month.
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UK property portal Rightmove sees fewer house hunters as market slows

UPDATE 2-UK property portal Rightmove sees fewer house hunters as market slows Posts 2022 op profit of 241.3 mln stg vs fcast 242.2 mln Shares down 3.7% Adds details on site visits, analyst comment, share move By Aby Jose Koilparambil and Suban Abdulla March 3 (Reuters) - UK real estate portal Rightmove RMV.L gave further evidence of a slowdown in the housing market on Friday saying fewer people were searching for properties on its platforms as it posted an annual profit in line with expectation
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Real-estate portal Rightmove posts higher annual profit, hikes dividend

Real-estate portal Rightmove posts higher annual profit, hikes dividend March 3 (Reuters) - British real-estate portal Rightmove Plc RMV.L on Friday raised its final dividend payment and posted a higher annual operating profit, supported by resilient traffic despite a less-frenetic property market. "The softening from the COVID-induced frenetic market towards a more normal market earlier in the year was disrupted in the final few months by the unexpected rapid mortgage rate increases," Chief Exe
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Rightmove Final Dividend For 2022 Up 8% To 5.2p

BRIEF-Rightmove Final Dividend For 2022 Up 8% To 5.2p March 3 (Reuters) - Rightmove PLC RMV.L : FINAL DIVIDEND FOR 2022 UP 8% TO 5.2P (2021: 4.8P) FY AVERAGE REVENUE PER ADVERTISER (ARPA) UP 11% TO £1,314 PER MONTH (2021: £1,189) STRONG ARPA GROWTH IN H2 2022, AND MOMENTUM IT PROVIDES FOR 2023, GIVES US INCREASED CONFIDENCE IN ARPA GROWTH IN 2023
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UK Stocks-Factors to watch on March 3

UK Stocks-Factors to watch on March 3 March 3 - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.3%. * OIL: Oil prices fell but were poised for a weekly gain as renewed optimism on China's demand recovery over-rode recession worries brought by growing crude inventories in the U.S. and tightening monetary policy in Europe.
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UK corporate earnings week ahead

DIARY-UK corporate earnings week ahead Feb 24 (Reuters) - Diary of U.K (.FTSE) corporate earnings for the week ahead UK EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 27-Feb-2023 BMO BNZL.L Bunzl plc Full Year 2022 Bunzl plc Earnings Release 28-Feb-2023 BMO CRDA.L Croda International PLC Full Year 2022 Croda International PLC Earnings Release 28-Feb-2023 BMO UTG.L Unite Group PLC Full Year 2022 Unite Group PLC Earnings Release 28-Feb-2023 BMO SJP.L St James's Place PLC Full Yea
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STOXX: flattish day, flattish close

LIVE MARKETS-STOXX: flattish day, flattish close STOXX 600 up 0.1% FTSE 100 above 8000 pts Miners lead gainers NYSE shut for holiday Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com . STOXX: FLATTISH DAY, FLATTISH CLOSE (0439 GMT) European shares kicked off the week in muted fashion with U.S.
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Beware of wage inflation

LIVE MARKETS-Beware of wage inflation STOXX 600 up 0.2% FTSE 100 above 8000 pts Miners lead gainers NYSE shut for holiday Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com . BEWARE OF WAGE INFLATION (1435 GMT) Goldman Sachs has crunched a few numbers to conclude that a 5% rise in wages could lower STOXX 600 .STOXX earnings by more than 10% -- quite a risk factor for equity investor
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Where do we go from here?

LIVE MARKETS-Where do we go from here? STOXX 600 flat Miners lead gainers NYSE shut for holiday Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com . WHERE DO WE GO FROM HERE? (1221 GMT) After a roaring start of 2023 that has seen double-digit gains across many equities gauges, a degree of caution is creeping in and investors are growing uneasy about whether this year's winners can e
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Sterling struggles for direction as market awaits economic data

Sterling struggles for direction as market awaits economic data LONDON, Feb 20 (Reuters) - Sterling fell slightly against the dollar on Monday and was flat against the euro, in a quiet session ahead of flash composite PMIs due on Tuesday which will give more hints on the state of the UK economy. By 1130 GMT on Monday, the pound was down 0.1% against the dollar to $1.20320 GBP=D3 and virtually unchanged against the euro at 88.810 pence EURGBP=D3 .
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Hedge funds rush into China faster than big mutual funds

REFILE-LIVE MARKETS-Hedge funds rush into China faster than big mutual funds Refiles to add dropped word in headline Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com . HEDGE FUNDS RUSH INTO CHINA FASTER THAN BIG MUTUAL FUNDS (1045) Hedge funds and other "fast money" investors have increased their exposure to Chinese stocks much more quickly than larger mutual funds according to Go
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Miners, autos lift STOXX, FTSE

LIVE MARKETS-Miners, autos lift STOXX, FTSE Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com . MINERS, AUTOS LIFT STOXX, FTSE (0845 GMT) European shares are edging up with traders cautiously awaiting minutes of the latest Fed meeting and a reading on U.S.
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Up, up and away

LIVE MARKETS-Up, up and away Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com . UP, UP AND AWAY (0802 GMT) Asian shares edged up from their lowest levels in about one month but trading was slow ahead of minutes of the last Federal Reserve meeting and a reading on core inflation, with rising interest rates still seen as a risk for markets.
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UK Stocks-Factors to watch on Feb 20

UPDATE 1-UK Stocks-Factors to watch on Feb 20 Adds news item, updates futures Feb 20 - Britain's FTSE 100 .FTSE index is seen opening higher on Monday with futures FFIc1 up 0.36%. * DARKTRACE: British cyber security company Darktrace DARK.L said it had commissioned a third-party review of its financial processes by E&Y as a sign of confidence in its results.
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Up, up and away

MORNING BID EUROPE-Up, up and away A look at the day ahead in European and global markets from Anshuman Daga Asian shares edged up from their lowest levels in about one month but trading was slow ahead of minutes of the last Federal Reserve meeting and a reading on core inflation, with rising interest rates still seen as a risk for markets. In Europe, money markets show that investors are already betting on a peak European Central Bank rate around 3.75% by late summer, up from levels around 3.4%
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UK Stocks-Factors to watch on Feb 20

UK Stocks-Factors to watch on Feb 20 Feb 20 - Britain's FTSE 100 .FTSE index is seen opening higher on Monday with futures FFIc1 up 0.38%. * STANDARD CHARTERED: BlackRock said on Friday it would join a new sovereign debt roundtable set up to accelerate progress on stalled relief efforts for distressed countries, with Britain's Standard Chartered also joining, according to sources.
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UK property asking prices show weakest February gain on record: Rightmove

UK property asking prices show weakest February gain on record: Rightmove By Suban Abdulla LONDON, Feb 20 (Reuters) - Average asking prices for British residential property rose by just 14 pounds ($17) in February from January, the smallest rise on record for a month which normally sees a big seasonal increase, data from property website Rightmove showed on Monday.
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UK rent rises forecast to slow as tenant competition eases - Rightmove

UK rent rises forecast to slow as tenant competition eases - Rightmove LONDON, Jan 27 (Reuters) - Soaring growth in the cost of rents in Britain is expected to cool as an increase in the number of homes on the market helped to cool competition between tenants in late 2022, data published on Friday showed. Property website Rightmove RMV.L said tenant competition dropped by 6% between October and December compared with the same period in 2021, and was down by a third from September , when the gap
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