MARKET WRAP: Aspen bucks the trend as Cashbuild and world markets slump

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Stocks fall globally amid fears of a slowdown in China as Covid-19 numbers rise

Cashbuild’s share price fell the most in almost a year after the company issued final results showing revenue slumped in the year to end-June, after the boon from the Covid-19 home improvement period.

The company benefited greatly from the pandemic as housebound consumers focused on upgrades to their properties after almost all forms of entertainment were halted due to lockdown restrictions...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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