Advertisement
UK markets close in 6 hours 13 minutes
  • FTSE 100

    8,200.18
    +28.03 (+0.34%)
     
  • FTSE 250

    20,072.28
    +19.95 (+0.10%)
     
  • AIM

    769.50
    +1.39 (+0.18%)
     
  • GBP/EUR

    1.1687
    +0.0004 (+0.04%)
     
  • GBP/USD

    1.2558
    +0.0025 (+0.20%)
     
  • Bitcoin GBP

    47,227.68
    +1,205.19 (+2.62%)
     
  • CMC Crypto 200

    1,282.04
    +5.07 (+0.40%)
     
  • S&P 500

    5,064.20
    +45.81 (+0.91%)
     
  • DOW

    38,225.66
    +322.37 (+0.85%)
     
  • CRUDE OIL

    78.99
    +0.04 (+0.05%)
     
  • GOLD FUTURES

    2,310.00
    +0.40 (+0.02%)
     
  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     
  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     
  • DAX

    17,957.86
    +61.36 (+0.34%)
     
  • CAC 40

    7,952.72
    +38.07 (+0.48%)
     

BUZZ-Persimmon: shares pull back after hitting record high, Numis cuts

** Persimmon Plc (Other OTC: PSMMF - news) pares gains soon after touching all-time high

** Co reports strong H1 results, robust outlook

** Numis raises 2015 and 2016 pretax profit estimates on better-than-expected margin growth but slashes rating on the stock to "reduce" from "hold"

** "Whilst the company does have good income attractions and strong returns we feel superior value exists elsewhere, Numis says

** Stock top loser on the FTSE-100 Index soon after rising 1.6 pct to 2156 p earlier today. High volumes see more than half a full-day's avg traded

** Co anticipates good autumn selling season after the summer holiday period draws to a close in early Sept (aashika.jain@thomsonreuters.com)