Howden Joinery Shares Up After UK Jobs Data Pushes FTSE 100 Higher; Kitchen Demand Remains Weak
Howden Joinery Group shares traded up Tuesday. The stock jumped with the wider London market after weaker UK jobs numbers cooled bets on a near-term Bank of England rate hike. The kitchen and joinery supplier traded at 736.25 pence, up 0.44% on a Cboe Europe real-time quote. Latest data showed the FTSE 100 up 0.64%. Howden is still down 11.35% this year, so today’s gain has yet to make up for the stock’s earlier losses.