News Archive

US close: Stocks sharply higher as chip stocks rally

10th Jul 2024 21:56

(Sharecast News) - Wall Street closed sharply higher on Wednesday after chip stocks delivered solid gains.

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BoE's Huw Pill concerned by persistence of inflation

10th Jul 2024 15:29

(Sharecast News) - Bank of England chief economist Huw Pill expressed concerns on Wednesday about the persistence of inflation in the UK.

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Broker tips: Next, Page Group, IAG

10th Jul 2024 15:04

(Sharecast News) - Citi has upgraded Next from 'sell' to 'neutral' and hiked its target price by 40% on the back of an improving macro environment in the UK and the retailer's cash position.

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Director dealings: Avon Protection director makes share purchase

10th Jul 2024 15:04

(Sharecast News) - Avon Protection revealed on Wednesday that non-executive director Magdalene Brereton had acquired 1,565 ordinary shares in the London-listed respiratory protection manufacturer.

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London close: Stocks rise as investors look to US data

10th Jul 2024 15:01

(Sharecast News) - London stocks closed on a positive note Wednesday, buoyed by robust performances in the airline sector and growing investor attention towards key economic events in the United States, although the top-flight index remained near recent lows.

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FTSE 100 movers: IAG flies higher on upgrade; Barratt in the red

10th Jul 2024 14:59

(Sharecast News) - London's FTSE 100 was up 0.5% at 8,178.84 in afternoon trade on Wednesday.

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US open: Mixed start to trading ahead of Powell testimony

10th Jul 2024 14:57

(Sharecast News) - Wall Street trading got off to a mixed start early on Wednesday as Jerome Powell headed to Capitol Hill for a second straight day.

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FTSE 250 movers: Investors get a taste for SSP; Direct Line slips

10th Jul 2024 14:47

(Sharecast News) - FTSE 250 (MCX) 20,850.92 1.00%

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Europe close: Stocks rebound ahead of US CPI data

10th Jul 2024 14:47

(Sharecast News) - European shares were higher on Wednesday as investors eyed the release of key consumer price data due out the next day in the States and following a downdraft during the previous session.

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Quadrise working towards vessel trials with MSC

10th Jul 2024 14:36

(Sharecast News) - Quadrise updated the market on its ongoing project with MSC Shipmanagement of Cyprus (MSC) on Wednesday.

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Dekel reports strong period for palm oil operation

10th Jul 2024 14:29

(Sharecast News) - West African agriculture company Dekel Agri-Vision said in an update on Wednesday that its palm oil operation saw another strong financial performance in the first half, driven by robust production levels and historically high crude palm oil (CPO) prices.

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Thursday preview: US CPI, Jet2 in the spotlight

10th Jul 2024 14:28

(Sharecast News) - The market spotlight on Thursday will be on the US consumer price report for the month of June.

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Feedback inks collaboration deal with Vertex In Healthcare

10th Jul 2024 14:24

(Sharecast News) - Clinical infrastructure specialist Feedback announced a collaboration agreement with Vertex In Healthcare, a clinical IT firm with a presence in the UK, the UAE, and South Africa, on Wednesday.

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Capital Metals preparing to drill at Eastern Minerals Project

10th Jul 2024 13:58

(Sharecast News) - Mineral sands developer Capital Metals updated the market on the high-grade Eastern Minerals Project in Sri Lanka on Wednesday, confirming that it had received all necessary consents to start a "significant" drilling programme.

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Acuity RM reports recent strategic progress

10th Jul 2024 13:48

(Sharecast News) - Acuity RM Group updated the market on its strategic achievements and future outlook in an update on Wednesday, following the acquisition of Acuity Risk Management.

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