Advertisement
UK markets close in 4 hours 46 minutes
  • FTSE 100

    8,451.34
    +69.99 (+0.84%)
     
  • FTSE 250

    20,705.84
    +174.54 (+0.85%)
     
  • AIM

    788.94
    +5.24 (+0.67%)
     
  • GBP/EUR

    1.1626
    +0.0015 (+0.13%)
     
  • GBP/USD

    1.2533
    +0.0009 (+0.07%)
     
  • Bitcoin GBP

    50,264.99
    +1,527.93 (+3.14%)
     
  • CMC Crypto 200

    1,304.90
    -53.11 (-3.91%)
     
  • S&P 500

    5,214.08
    +26.41 (+0.51%)
     
  • DOW

    39,387.76
    +331.36 (+0.85%)
     
  • CRUDE OIL

    79.88
    +0.62 (+0.78%)
     
  • GOLD FUTURES

    2,384.50
    +44.20 (+1.89%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     
  • DAX

    18,806.92
    +120.32 (+0.64%)
     
  • CAC 40

    8,256.72
    +69.07 (+0.84%)
     

BUZZ-Moneysupermarket, Zoopla: take a bruising amid Ofgem investigation

** Price comparison site Moneysupermarket.com & Zoopla heftiest fallers on FTSE 250 in decent volume

** CMA in throes of investigation into UK energy market at large, including looking into price comparison websites

** Ofgem has asked MONY for information linked to its investigation into whether 2 or more cos providing a supporting service for the energy industry have breached competition law

** No further information was provided

** uSwitch, a provider of comparisons of gas & electricity suppliers & which was recently bought by Zoopla, got similar request from Ofgem earlier this yr

** MONY, down c.9 pct, poised for biggest one-day drop since early March (traded close to a record set early May on Wednesday), while Zoopla suffers worst day in short period as listed co, down c.7 pct (hit all-time high Weds)

** Trading volume in MONY twice its 90-day daily avg, while that for Zoopla at three quarters (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)