Hammerson (HMSO)

Sector:

Property Investment Trusts

Index:

FTSE 250

27.50p
   
  • Change Today:
      0.12p
  • 52 Week High: 29.78p
  • 52 Week Low: 20.90p
  • Currency: UK Pounds
  • Shares Issued: 4,989.26m
  • Volume: 8,320,273
  • Market Cap: £1,372.05m
  • RiskGrade: 385

UK advisers call for action to stem Covid-19

By Sean Farrell

Date: Monday 21 Sep 2020

LONDON (ShareCast) - (Sharecast News) - The UK is on track for more than 200 Covid-19 deaths a day by mid-November unless urgent action is taken to stem the spread of the disease, the government's scientific advisers said.

Patrick Vallance and Chris Whitty, the government's most senior advisers on the pandemic, said infections were doubling every seven days. They said if the rate of infection carried on at the current rate there would be 50,000 cases a day by mid-October resulting in more than 200 deaths a day a month later.

Vallance and Whitty said though the rate of infection varied across the country cases were rising everywhere. One of the most important steps will be to limit contact between households, they said.

The virus is spreading as the UK moves into winter months that make the spread of respiratory diseases easier, Whitty said. This means Britain faces six months of increased threat.

Whitty, England's chief medical officer, said: "This is not someone else's problem; it's all our problem ... The seasons are against us."

In a joint briefing with no questions the advisers said the government would have to act to reduce the infection rate while trying to support the economy. They said this would be a difficult balance to achieve.

"If we do too little this virus will go out of control," Whitty said.

After reopening the economy from June following more than two months of lockdown the government is reluctant to shut down the economy again. Health Secretary Matt Hancock is due to update the House of Commons later on Tuesday. He said on Tuesday morning the government had not finalised its plans after working on them over the weekend.

The FTSE 100 index fell 3.3% to 5,813 at 12:00 BST led by British Airways owner IAG. The more UK-focused FTSE 250 fell 4% to 16,865. Shopping centre operator Hammerson, pub group Mitchells & Butlers and transport companies FirstGroup and National Express were among the biggest fallers.

The government has been criticised for inconsistent messaging that has contributed to people becoming less careful about interacting. Johnson said he wanted "bustle" to return to towns and cities and the government branded the reopening of pubs as "independence day". Chancellor Rishi Sunak's "eat out to help out" meal subsidy has been linked with the rising rate of infections.



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Hammerson Market Data

Currency UK Pounds
Share Price 27.50p
Change Today 0.12p
% Change 0.44 %
52 Week High 29.78p
52 Week Low 20.90p
Volume 8,320,273
Shares Issued 4,989.26m
Market Cap £1,372.05m
RiskGrade 385

Hammerson Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.39% above the market average51.39% above the market average51.39% above the market average51.39% above the market average51.39% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Price Trend
24.52% above the market average24.52% above the market average24.52% above the market average24.52% above the market average24.52% above the market average
53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average
Income
79.12% above the market average79.12% above the market average79.12% above the market average79.12% above the market average79.12% above the market average
69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average
Growth
23.75% below the market average23.75% below the market average23.75% below the market average23.75% below the market average23.75% below the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average

What The Brokers Say

Strong Buy 2
Buy 4
Neutral 3
Sell 3
Strong Sell 3
Total 15
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Hammerson Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Apr-24 24-Aug-23
Paid 10-May-24 02-Oct-23
Amount 0.78p 0.72p

Trades for 28-May-2024

Time Volume / Share Price
15:34 19 @ 27.48p
15:42 14 @ 27.46p
16:35 2,683,783 @ 27.50p
16:35 164 @ 27.50p
16:35 25,462 @ 27.50p

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