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UK housebuilders down 30%, JPM sees value with Persimmon best positioned to weather risks

Market News
16 Apr 2026
Proactive Investors
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Bullish
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UK housebuilders have dropped about 30% since the Iran conflict began, driven by fears of rising mortgage rates, build cost inflation, and squeezed margins. However, JP Morgan argues the sector is undervalued, trading below its worst-ever valuation trough, making it attractive for long-term investors. Persimmon PLC is favored due to its lower average home prices and self-sufficient supply chain, which may shield it from cost pressures. Berkeley Group also remains a positive pick due to strategic adjustments and strong London market demand.

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The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

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Viasat and BMW Group demonstrate the first integrated automotive satellite voice call, enabling connectivity in remote areas.

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Iran warns of crushing retaliation if US targets its infrastructure amid escalating strikes.

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Kritikus Bitcoin Peter Schiff memperingatkan investor untuk menjual BTC di atas $60 ribu, memprediksi kerugian besar jika tidak.

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Peter Schiff, seorang kritikus Bitcoin, menyarankan investor untuk menjual kepemilikan BTC mereka di atas $60.000, memperingatkan potensi kerugian besar. Meskipun Bitcoin baru-baru ini naik 11% di bulan Juli, beberapa analis khawatir bahwa pemulihan ...

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