Picture of Persimmon logo

PSN — Persimmon News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsAdventurousLarge CapSuper Stock

UK Stocks-Factors to watch on November 12 (updated)

UPDATE 1-UK Stocks-Factors to watch on November 12

Adds news and updates shares

- Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.7%.

*PERSIMMON: Persimmon PSN.L expects volumes to grow in 2027 through investment in its land pipeline but expects the rising cost of construction to impact near-term profit.

*BAE SYSTEMS: BAE Systems BAES.L raised its annual free cash flow forecast by 50% and stuck to its profit growth guidance.

*DR MARTENS: Dr Martens DOCS.L reported a drop in first-half revenue and warned that trading in the key season ahead would be crucial to its full-year result.

*BHP: BHP BHP.AX said on Thursday it had appointed internal candidate Adrian Wood as chief financial officer, replacing Vandita Pant, in the latest senior management change since the miner's new chief executive took over in July.

*ROLLS-ROYCE: Rolls-Royce RR.L said its large engine order backlog had grown to around 2,500 engines as it reported strong demand across its civil aerospace and defence businesses and reaffirmed its full-year guidance.

*WIZZ AIR: Wizz Air WIZZ.L expects full-year ex-fuel unit costs to rise by a mid-single-digit percentage year-on-year.

*BURBERRY: Burberry BRBY.L reported second-quarter comparable retail sales above market estimates.

*UK HOUSE SALES: British property surveyors were the most downbeat about the short-term outlook for house sales in more than three years in October, as rising interest rates for mortgages compressed demand, a survey showed.

*ELECTRIC VEHICLES: The European Union is set to delay a 10% tariff on electric cars from the UK, the Financial Times reported.

*HSBC: HSBC HSBA.L has been exploring ways to ease its reliance on China, including Hong Kong, and give more independence to its Singapore operations, Bloomberg News reported.

* COMMODITIES: Oil prices fell, gold prices fell and aluminium on the Shanghai Futures Exchange bounced on Thursday.

* EX-DIVS: BP BP.L, Airtel Africa AAF.L, Bunzl Public Limited Company BNZL.L and J Sainsbury SBRY.L will trade without entitlement to its latest dividend pay-out on Thursday.


* For more on the factors affecting European stocks, please click on: LIVE/

TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB


(Compiled by Tuhina in Bengaluru)

((tuhina@thomsonreuters.com))

Recent news on Persimmon

See all news