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UK mid-caps outshine blue-chips as investors bet on economic rebound

Financial Times LogoFinancial Times13h ago

UK mid-caps outshine blue-chips as investors bet on economic rebound - Financial Times

Quick Summary:

Building supplies group Travis Perkins and Hill & Smith have gained 12.7 per cent and 10.1 per cent, respectively, in the past 30 days, while ventilation company Volution is up 11.1 per cent.

Since the start of July, the week of the UK election, the mid-cap FTSE 250 index has added 3.2 per cent, contrasting with a meagre 0.2 per cent rise for the FTSE 100.

As inflation moderates, investors are expecting that domestic consumer sentiment will improve, while lower rates should help financing conditions for smaller companies.


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Article Details

Author / Journalist: Emily Herbert

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-03 @ 13:00:13 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 555 words

Reading Time: 4 minutes read

Sentences: 17 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21906652

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 2 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 22 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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  • URL: https://beamstart.com/news/uk-mid-caps-outshine-blue-17226928436954

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