Page 2 - Lon Digs News Today

GCP Student Living plc (LON:DIGS – Get Rating)’s stock price rose 424,900% during mid-day trading on Wednesday . The stock traded as high as GBX 212.50 ($2.80) and last traded at GBX 212.50 ($2.80). Approximately 50,000 shares traded hands during trading, a decline of 98% from the average daily volume of 2,153,780 shares. The stock […]

12 May 2021 | 09:36am StockMarketWire.com - Real estate investment company GCP Student reported a rise in quarterly earnings growth as a strengthening in investment markets and an improving environment for students booted its portfolio valuation. For the quarter ended 31 March 2021, EPRA net tangible assets increased by 4.5% to 179.07 pence from the December quarter. At 31 March 2021, the valuation of the companys portfolio was £1.06 billion. There are encouraging signs for the next academic ...

FTSE 100 finishes lower as strong US jobs report adds to inflation concerns

5 March 2021 | 08:40am StockMarketWire.com - UK markets have been rattled following remarks made by US Federal Reserve chairman Jerome Powell yesterday (4 March), after he said that the central bank would be patient with higher inflation, which was likely to be a one-off effect. At 08.20am, the FTSE 100 was down 1.1% at 6,578.82, while the FTSE 250 was 1% lower at 21,086.19. UK bourse operator London Stock Exchange has tumbled 3.8% to £91.28 after it reported an increase in annual profit on h...

5 March 2021 | 12:00pm StockMarketWire.com - The FTSE 100 was back in positive territory by lunchtime helped by oil price driven strength in the energy sector and a slump in sterling. At midday the index was up 0.4% to 6,675.18. US futures pointed to a flat open on Wall Street, after yesterdays heavy selling, with the monthly US jobs report in focus. UK bourse operator London Stock Exchange has tumbled 9.4% to £86.00 after it reported an increase in annual profit on higher revenue in its infor...

5 March 2021 | 07:52am StockMarketWire.com - Student real estate fund GCP Student Living cut its dividend as profit fell sharply in the first half of the year, owing to operational challenges amid the pandemic. For the six months ended 31 December 2020, pre-tax profit fell to £1.2 million from £9.8 million year-on-year as total rental income fell to £16.7 million from £24.6 million. Shareholder return grew 16.9% year-on-year, driven by a recovery in the share price since the year end...