The gradual reopening of the UK economy has been matched in the property investment space by a similarly gradual reopening of open-ended real estate funds. This follows a long period when trading in numerous property funds was suspended due to the difficulty of valuing their holdings in the pandemic.There are mounting arguments that these vehicles are becoming 'uninvestable' thanks to the...

UK shares continue their festive rally as global markets look to the US Fed's expected interest rate hike at 7pm tonight. The benchmark FTSE 100 index rises 40-odd points to 6,057, while European bourses are also largely on the up, supported by PMI data.In corporate news, Superdry brand-owner SuperGroup (SGP) is bid 11.4% higher to £16.89 as interims smash market expectations, prompting...

London shares slump into the red for a third straight day in early trade on Tuesday as ongoing concerns about Greece are added to but a hefty sell-off in China and caution ahead of inflation data.The FTSE 100 index is trading around 35 points lower, or 0.5%, at 6,675 early on, after hitting a three-month closing low of 6,710.52 on Monday.Midcaps and the wider market are similarly off, the FTSE...

The FTSE 100 has recovered from early losses to trade 10 points higher at 6,956 points following mixed first quarter results from some of the market's largest names.Oil major Royal Dutch Shell (RDSB) is up 0.9% to £20.87 as an excellent contribution from its refining business helped outweigh the impact of lower commodity prices in the first quarter. Underlying profits for the first three...

15%Interesting developments in the tungsten industry suggest the metal is coming back into fashion. New Zealand's Todd Minerals last week (16 Oct) paid a premium to buy 15% of Canadian tungsten miner Northcliff Resources (NCF:TSX). Todd already owns 19.9% of UK tungsten play Wolf Minerals (WLFE:AIM). A day later (17 Oct), US-based GTP made an offer to buy tungsten from Thor Mining's (THR:AIM)...