Share Prices & Company Research

Market News

19 Jun 2019 | 12:12

Stocks marking time until crunch Fed meeting

The FTSE 100 was down 0.2% by midday at 7,425.62 as investors awaited the latest decision of the US Federal Reserve. US futures markets also pointed to a subdued open on Wall Street.

Magazine publisher Future fell 10%, adding to heavy losses yesterday, following Monday night's publication of a sell note on the company equity research firm Stockviews.


Premier Inn hotel chain owner Whitbread shed 0.6% on the back of a 1.0% decline in first-quarter sales, pinned on weak trading conditions in the UK accommodation sector.

High-end house builder Berkeley fell 1% as a fall in annual profit nevertheless met the top end of market expectations.

AstraZeneca fell 0.3% despite after Japnese regulators approving separate treatments for lung disease and overarian cancer.

Over 50's services group Saga sank 12% on revealing that its tour operations business had been hurt by Brexit uncertainty.


Luxury handbag maker Mulberry gained 3.2% after it swung to a full-year loss, owing to lower sales in the UK.

Structural steel group Severfield added 0.8% as it booked an 11% rise in annual profit underpinned by higher margins.

Vehicle tracking systems supplier Quartix gained 10.6% on announcing that it expected to 'at least' meet market expectations for its full-year earnings and cash flow.

Story provided by
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.