The UK stock market began its slow recovery from the sharp falls of the previous week. Among those mentioned were British American Tobacco; Barclays; International Airlines Group (IAG), the owner of British Airways; and two builders, Berkeley and Persimmon. Another UBS method of screening for hidden gems also highlighted IAG, which helped to propel the shares 3.1 per cent higher. In contrast, building suppliers were spooked by a profit warning from SIG, an insulation maker, which emphasised the slowdown in UK trading. Howden Joinery fell 3.1 per cent, Travis Perkins was off 2.1 per cent, while Kingfisher, the owner of…

Source: The Times October 11, 2019 23:07 UTC