Connect with us

    Hi, what are you looking for?

    The Times On Ru
    1. The Times On RU
    2. /
    3. Business
    4. /
    5. 'Switch flipped' as London stock market falls


    'Switch flipped' as London stock market falls

    Stephen Fine says a combination of better GDP numbers and signs of falling inflation is helping sentiment in stock markets improve

    Mr Fine pointed to floating a Raspberry Pi earlier this week that Peel Hunt was working on as evidence of improved sentiment. The shares jumped almost 40% on the opening day.

    National Grid's £7 billion share raise, its biggest in a decade, and subsequent sales of shares in Haleon and the London Stock Exchange group are also evidence of this. about a healthier London market, Mr Fine said.

    Peel Hunt warned last year that parts of the market were stuck in a “doom loop”.

    Low prices meant there were fewer investors bought shares, which led to a further drop in their prices. At the same time, overseas investors used the UK “discount” to buy British businesses on the cheap, meaning they had fewer shares.

    Peel Hunt warned that the small company index could collapse. in the UK by 2028 if the downturn continues. 

    Mr Fine said a combination of better GDP figures, signs of easing inflation and expectations of lower interest rates contributed to improved sentiment in stock markets.

    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Take A Look

    News By Date

    You may be interested in:


    The Chinese brand has completely declassified a new SUV for the home market. The model is offered with two “filling” options. The auto giant...


    Corporate clients of Russian Post are no longer assigned to a specific branch chosen when concluding an agreement, and can change or add any...


    Former Deputy Head of the Ministry of Defense Shevotsa denied reports of her departure from the Russian Federation to France Photo: Former Deputy...


    VELIKY NOVGOROD, July 4 A 400-year-old oak tree felled by a hurricane was brought to the Novgorod Kremlin for the manufacture of decorative city...