London stocks start week lower; Aston Martin tumbles
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 30 2024
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Source: Reuters
Market Performance: UK shares opened lower, with the FTSE 100 and FTSE 250 indices dipping 0.1% due to a significant drop in Aston Martin's stock following a profit warning, despite gains in commodity stocks.
Economic Indicators: British business confidence declined slightly after reaching an eight-year high, while house prices rose by 0.7% in September, marking the fastest annual growth rate since November 2022.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
