News Archive
Europe open: Shine comes off China rally as Stoxx slips
25th Sep 2024 08:00
(Sharecast News) - European shares opened lower on Thursday as the rally from China's stimulus measures ran out of steam, even after the country's central bank released more funds for financial institutions.
Read moreLondon open: Stocks fall; Rightmove rejects another takeover bid from REA
25th Sep 2024 07:53
(Sharecast News) - London stocks fell in early trade on Wednesday following two days of gains, with China in focus again after a rate cut.
Read moreDFS Furniture swings to loss in 'extremely challenging' market
25th Sep 2024 07:50
(Sharecast News) - DFS Furniture said on Wednesday that it swung to a full-year loss in an "extremely challenging" market.
Read moreEnteq shares plummet 42% after discounted placing, subscription
25th Sep 2024 07:47
(Sharecast News) - Shares in AIM-listed energy services engineering and tech group Enteq plummeted more than 40% on Wednesday after the heavily discounted fundraising.
Read moreUK consumer confidence slides ahead of Budget - BRC
25th Sep 2024 07:37
(Sharecast News) - Consumer confidence fell in September, a well-regarded survey showed on Thursday, as people waited anxiously for next month's Budget.
Read moreLondon pre-open: Stocks seen down after two days of gains
25th Sep 2024 07:32
(Sharecast News) - London stocks were set to fall at the open on Wednesday following two days of gains, with China in focus again after another rate cut.
Read moreEasyJet flies higher as JPMorgan says it's a 'high conviction' overweight
25th Sep 2024 07:27
(Sharecast News) - EasyJet flew higher on Wednesday as JPMorgan Cazenove highlighted the stock as "a high conviction" 'overweight' in the low-cost carrier space.
Read moreChina unveils another stimulus measure to stimulate demand
25th Sep 2024 07:24
(Sharecast News) - China's central bank on Wednesday slashed it medium-term lending facility from 2.3% to 2.0%, marking the largest reduction of interest rates for one-year loans to financial institutions in history.
Read moreWednesday newspaper round-up: Visa, Caroline Ellison, Brookfield
25th Sep 2024 07:23
(Sharecast News) - Business leaders have warned that the government's plans for a major global investment summit are in danger of falling flat, amid growing frustrations over high costs of involvement and its timing two weeks before the budget. As a central plank in Labour's proposals to drive up investment in Britain, the party pledged in the general election campaign to host the summit within the first 100 days of winning power to show that the UK would be "open for business" under a new government. - Guardian
Read moreIG Group kicks off second tranche of share buyback
25th Sep 2024 07:19
(Sharecast News) - IG Group announced the start of the second tranche of its share buyback programme on Wednesday, with an allocation of up to £75m.
Read moreRightmove rejects third takeover offer from REA
25th Sep 2024 07:16
(Sharecast News) - UK property platform Rightmove has once again rejected a takeover offer from REA Group, saying the Australian outfit's latest proposal "materially undervalues" the company.
Read moreLondonMetric buys portfolio for £78m
25th Sep 2024 07:03
(Sharecast News) - LondonMetric Property said it had bought six single let urban UK logistics properties for £78m from an unnamed FTSE 100 pension fund.
Read moreBroker tips: Currys, Essentra
24th Sep 2024 15:48
(Sharecast News) - Canaccord Genuity has initiated coverage on workforce benefits and health insurance provider Personal Group on Tuesday with a 'buy' rating and 209.0p target price.
Read moreCohort flags even better first half after last year's record results
24th Sep 2024 15:47
(Sharecast News) - Dr Martens revealed on Tuesday that non-executive director Andrew Harrison had acquired 58,220 ordinary shares in the FTSE 100-listed iconic bootmaker.
Read moreEurope close: China stimulus boosts markets, Stoxx 600 nears record high
24th Sep 2024 15:26
(Sharecast News) - European stocks rose for the second straight day on Tuesday, as investors shrugged off yet more disappointing economic data from Germany and instead focused on an encouraging stimulus package from China's central bank.
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