Market news


LONDON BROKER RATINGS: Royal Bank of Canada raises DCC to ’outperform’

The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

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FTSE 100

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Goldman Sachs raises British American Tobacco price target to 2,800 (2,750) pence -...

Thu, 15/08/2024 - 09:47


Empiric Student Property ups payout as profit edges up on good demand

Empiric Student Property PLC on Thursday celebrated high occupancy and rental growth amid solid demand for student accommodation.

The London-based owner and operator of studio-led...

Thu, 15/08/2024 - 09:34


TOP NEWS: OSB’s lowered outlook takes shine off first-half progress

Shares in OSB Group PLC plunged after the specialist lender reduced full-year guidance to reflect intensifying competition.

The Chatham, England-based mortgage lender, formerly known as...

Thu, 15/08/2024 - 09:30


TOP NEWS: Admiral raises dividend as profit jumps 32% in first half

Admiral Group PLC on Thursday reported strong financial performance in the first half with the company increasing its customer base in UK motor insurance.

Admiral shares...

Thu, 15/08/2024 - 09:15


LONDON MARKET OPEN: Stocks mixed as quarterly UK GDP growth slows

Stock prices in London opened mixed on Thursday while European counterparts were in the green, amid news that the UK economy flatlined monthly in June...

Thu, 15/08/2024 - 08:42


TOP NEWS: UK GDP shows no growth in June; trade deficit widens

The UK economy showed no growth in June while industrial output edged down, data published by the Office for National Statistics showed on Thursday.

UK gross...

Thu, 15/08/2024 - 07:36


TRADING UPDATES: Zephyr Energy second quarter production climbs 6%

The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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Powerhouse Energy Group PLC - Bingley,...

Wed, 14/08/2024 - 20:04


Shell invests in water injection at Gulf of Mexico field

Shell PLC on Wednesday said it would invest in a ‘waterflood‘ project at its Vito asset in the US Gulf of Mexico.

The London-based oil major...

Wed, 14/08/2024 - 19:25


LONDON MARKET CLOSE: Stocks up after ‘mildly encouraging’ CPI reading

Stocks closed in the green in Europe on Wednesday, following encouraging inflation data, and with housbuilders and gaming stocks leading the winners.

The FTSE 100 index...

Wed, 14/08/2024 - 17:02


EARNINGS AND TRADING: SolGold progresses Cascabel project in Ecuador

The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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SolGold PLC -...

Wed, 14/08/2024 - 16:26


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