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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 company's portfolio was £1.06 billion. 'There are encouraging signs for the next academic year with total UCAS applications up 8% nationally and strong growth in applications from domestic...
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 higher revenue in its information services and post-trade clearing business. For the year ended 3...
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 yesterday's 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 information services and post-trade clearing business. For the year ended 31 December, pre-tax profit in...