Aerospace engineering firms Melrose and Rolls-Royce have both lost over 8% (which takes Rolls-Royce to its lowest since 2004). Note that if you are searching for information on these companies to invest in their stocks, make sure you know what you are doing as your investment will be subject to significant risks with the evolution of stock prices. A broker reacts on the IG Index the trading floor . About sharing. That’s why we think now could be the perfect time for you to start building your own stake in this exceptional business – especially given the shares look to be trading on a fairly undemanding valuation for the year to March 2021. The Dow, S&P 500 and Nasdaq are all eyeing losses of worse than 1% at the open. That would be the worst one-day fall since 11th June, when fears over the global economy sparked a global rout. Roland Head agrees that J D Wetherspoon is likely to remain a good long-term investment. By Shashwat Awasthi and Muvija M (Reuters) - Britain's FTSE 100 followed other major stock markets lower on Thursday as initial batches of corporate earnings jangled nerves over global growth, while losses for London's mid-cap index were capped by a buyout of pub operator Ei Group. JD Wetherspoon has lost 10%, as traders note Matt Hancock’s hint that pubs will face changes soon. Dan Peeke has no position in any of the shares mentioned. The FTSE-100 index at 1.45pm was up 55.95 at 6352.80, dipping slightly from 12.45pm. Our pubs offer value for money drinks, events, they support their own charities and many offer a great choice of food. Wetherspoon plans to stay open in defiance of government advice amid the coronavirus pandemic, but has vowed to implement social distancing between drinkers. Prospect of new restrictions to combat rising Covid-19 cases has triggered the worst selloff since June, Mon 21 Sep 2020 21.17 BST Wall Street is still firmly on track to join the rout when trading begins in two hours time, with US stocks indices down over 1% in pre-market trading. The brand may be owned outright by one company, or there may be multiple financiers; the chain may be a division within a larger company, or may be a single operation. They should all see a surge in sales if the UK imposes new lockdown measures, with Morrisons bringing back door marshals to limit customer numbers. We just had the best August since 1986, with soaring tech stocks helping to push the MSCI’s All County World index of stocks up by 6% during the month. Create New Account. In September 2019, 1,500p was average. The market crash in February and March dragged it all the way down below 5,000 points briefly, before the promise of stimulus measures from governments and central bankers lifted shares. Here’s your chance to discover exactly what has got our Motley Fool UK analyst team all revved up about this ‘pure-play’ online business (yes, despite the COVID pandemic!). Registered Office: 5 New Street Square, London EC4A 3TW. According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…. Share. London’s FTSE 100 was in positive territory early on Wednesday, ... JD Wetherspoon cheapened 2.6% to £10.91 on the news the pub chain suffered a 27.6% drop in like-for-like sales in the 15 weeks to 8 November following the introduction of a 10pm curfew for pubs and restaurants in England. FTSE 100 slips on global nerves, pub chain Ei surges. The mid-cap FTSE 250 lost 0.2% by 0709 GMT. Share page. France’s CAC index has lost 3.1%, after it posted a record-breaking 13,500 new cases. © 1998 – 2020 The Motley Fool. After a sizzling August, stock markets have come down with a bump in September. On the smaller FTSE 250 index, Pub chain Mitchells & Butler has slumped by 16%, following Whitty’s warning that people must reduce unnecessary social contacts. Global Value Chains in the Post-COVID-19 Age” Pol Antràs * Harvard University . Company No: 3736872. We know how important your leisure time is and we work really hard to give you the best environment to spend it in, a great range of food and drinks to enjoy and all at a price you can afford. You should not invest any money you can’t afford to lose and should not rely on any dividend income to meet your living expenses. Forgot account? All rights reserved. Enterprise Inns are operated by tenants, who are responsible for branding, style etc. November 11, 2020 . The FTSE 100 has now slumped by 209 points, or 3.5% today, to 5805 points. Ad giant WPP, telecoms operators BT and Vodafone and luxury goods maker Burberry are all vulnerable to global economic woes too. The FTSE 100 has taken its cue from falls in the US and Asia overnight to trade 0.7% lower. This little-known State Pension rule change could halve your retirement income overnight, 4 things within your control that can make or break your retirement dreams, Free Report: 5 Stocks For Trying To Build Wealth After 50, Here’s how I reckon £20k could make me a million with shares. Exchange rate charges may adversely affect the value of shares in sterling terms, and you could lose money in sterling even if the stock rises in the currency of origin. Any opinions expressed are the opinions of the author only. If you require any personal advice or personal recommendation, please speak to an independent qualified financial adviser.