Additional European Equity News

BP (BP/ LN) - Flows first gas at greater torture Ahmeyim LNG project; once fully commissioned, GTA Phase 1 exp. to produce around 2.3mln tonnes of LNG/yr. (Newswires) 

Spirax (SPX LN) - Jaime Pikee to step down as Chair; Tim Cobbold appointed as Chair of board. (Newswires)

Pershing Square Holdings (PSH LN) - Approval of delisting of PSG shares from Euronext Amsterdam; last trading day on 30 Jan; to continue to trade in London. (Newswires) 

Vodafone (VOD LN) - Sale of Vodafone Italy for EUR 8bln has been completed. (Newswires) confirms earlier commentary via Swisscom. 

Wood Group (WG/ LN) - Completed sale of Ethosenergy for USD 138mln. (Newswires) 

UK Housing - UK Nationwide house price MM (Dec) 0.7% vs. Exp. 0.1% (Prev. 1.2%); YY (Dec) 4.7% vs. Exp. 3.8% (Prev. 3.7%); Nationwide's Chief Economist says, “Upcoming changes to stamp duty are likely to generate volatility, as buyers bring forward their purchases to avoid the additional tax. This will lead to a jump in transactions in the first three months of 2025 (especially in March) and a corresponding period of weakness in the following three to six months, as occurred in the wake of previous stamp duty changes. This will make it more difficult to discern the underlying strength of the market. (Nationwide) 

02 Jan 2025 - 07:03- ForexEU Research- Source: Newsquawk