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Safestay trades at a 60% discount to book after results sell-off
The shares have fallen by more than a third since the half-year numbers. Asset sales have cut debt, but the market is focused on empty beds.
Leading US investment bank says tech sell-off has run its course in many areas
Strategist backs a return to AI stocks but warns investors not to expect a repeat of past gains
Gold more likely to bounce to $4,500 than slump to $3,500, say banks
Rate fears drag bullion towards $4,000, but forecasters and betting markets still favour a year-end recovery
RBC lifts Kingfisher and ASOS targets as UK shoppers face a tougher 2027
Broker cuts JD Sports target and trims Sainsbury's forecasts, favouring retailers that can improve their own profits
Housebuilders surge as Burnham revives Help to Buy
Persimmon and Barratt Redrow jump 14% as Panmure Liberum says builders of cheaper homes stand to gain most
