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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
M&G High Cap | LSE:MGHC | London | Ordinary Share | GB0005532709 | CAP SHS 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.04 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
1600 GMT--There is "no respite in prospect" for sterling. After EUR/GBP easily broke above 0.85, parity "does not seem all that excessive a call any more", says Audrey Childe-Freeman, founder and chief strategist at FX Knowledge. EUR/GBP hit a near three-year high of 0.8550 on Tuesday, while it will "only be a matter of time" before GBP/USD breaks below $1.30, leaving it targeting $1.25. GBP/USD fell to a 31-year low. The falls follow Standard Life, Aviva and now M&G announcing they were suspending trading in commercial property funds as investors pulled out. A weakening U.K. housing sector "usually comes hand in hand with GBP weakness," she says. "The broad U.K. housing sector outlook ... has turned bleak post-Brexit and this may have significant implications for the U.K. macro-economic context." (jessica.fleetham@wsj.com)
(END) Dow Jones Newswires
July 05, 2016 12:14 ET (16:14 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year M&G High Income Chart |
1 Month M&G High Income Chart |
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