Advertisement
UK markets close in 4 hours 57 minutes
  • FTSE 100

    8,088.99
    +48.61 (+0.60%)
     
  • FTSE 250

    19,713.28
    -6.09 (-0.03%)
     
  • AIM

    755.09
    +0.40 (+0.05%)
     
  • GBP/EUR

    1.1667
    +0.0022 (+0.19%)
     
  • GBP/USD

    1.2517
    +0.0055 (+0.44%)
     
  • Bitcoin GBP

    50,717.59
    -2,293.68 (-4.33%)
     
  • CMC Crypto 200

    1,356.09
    -26.49 (-1.91%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CRUDE OIL

    82.83
    +0.02 (+0.02%)
     
  • GOLD FUTURES

    2,337.90
    -0.50 (-0.02%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    17,974.47
    -114.23 (-0.63%)
     
  • CAC 40

    8,035.46
    -56.40 (-0.70%)
     

BUZZ-Close Brothers: falls on Barclays downgrade

** Specialist bank Close Brothers (LSE: CBG.L - news) falls 3.6 pct after Barclays (LSE: BARC.L - news) cuts to "equalweight" from "overweight"

** Says loan growth has been disappointing in the 5 months to December

** Sees (Shanghai: 600481.SS - news) growth stabilising rather than accelerating in 2017

** Also notes share price has already had a good run, up 46 pct since Brexit

** Worst day for the stock in 3.5 months, third top faller on FTSE 250

** Barclays remains broadly positive on the specialist lending sector, with none of the other stocks in its coverage (,, and ) rated "underweight"

** Broker sees buy-to-let mortgages continuing to cause EPS upgrades, with valuations across the sector attractive