News Archive

London close: Stocks mixed as tariff fears waver

24th Mar 2025 15:13

(Sharecast News) - London stocks ended Monday largely flat in muted trading, with early optimism around Donald Trump's comments on reciprocal tariffs fading as the session progressed.

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FTSE 100 movers: Miners boosted by copper prices; Vodafone in the red

24th Mar 2025 15:01

(Sharecast News) - London's FTSE 100 was flat at 8,643.63 in afternoon trade on Monday.

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Broker tips: Miners, Capita

24th Mar 2025 14:47

(Sharecast News) - JPMorgan upgraded the global mining and metals sector to 'overweight' from 'underweight' on Monday, as it said that Rio Tinto, Antofagasta, Fresnillo & SSAB are its European key 'overweights'.

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Tuesday preview: EU-US trade talks, Ukraine talks in focus

24th Mar 2025 14:46

(Sharecast News) - The market spotlight on Tuesday would continue to be on geopolitics.

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US open: Stocks up, Morgan Stanley's Wilson calls 'tradeable rally'

24th Mar 2025 14:33

(Sharecast News) - Stocks on Wall Street were rallying at the start of the week, helped by positive headlines on the geopolitical and economic front.

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FTSE 250 movers: Wetherspoons froths; THG slides

24th Mar 2025 14:16

(Sharecast News) - FTSE 250 (MCX) 19,948.08 0.18%

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Xtellus to buy Serinus Energy in £5.1m cash deal

24th Mar 2025 14:04

(Sharecast News) - Serinus Energy said on Monday that it has agreed to be taken over by US investment firm Xtellus in a £5.1m cash deal.

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Morrisons to close 17 shops, 52 in-store cafes

24th Mar 2025 13:56

(Sharecast News) - Morrisons announced a major restructuring plan on Monday that will see the closure of 17 convenience stores, 52 in-store cafés, and a range of other in-store services, putting 365 jobs at risk across the UK.

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JPMorgan upgrades mining & metals sector to 'overweight'

24th Mar 2025 13:35

(Sharecast News) - JPMorgan upgraded the global mining and metals sector to 'overweight' from 'underweight' on Monday, as it said that Rio Tinto, Antofagasta, Fresnillo & SSAB are its European key 'overweights'.

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Frasers to open more than 350 Sports Direct stores in Southeast Asia, India

24th Mar 2025 12:42

(Sharecast News) - Mike Ashley's Frasers Group said on Monday that it was planning to open more than 350 Sports Direct stores in Southeast Asia and India as it expends its existing partnership with MAP Active, a sports, fashion and distributor operator in south Asia.

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Novo Nordisk inks deal on trial obesity drug worth up to $2bn

24th Mar 2025 12:26

(Sharecast News) - Danish drugmaker Novo Nordisk has signed a deal worth up $2bn to develop, make and sell United Laboratories International's weight-loss drug candidate.

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Europe midday: Stoxx up on PMI factory output survey

24th Mar 2025 11:17

(Sharecast News) - European shares were higher on Monday as flash survey results showed eurozone business activity picking up, while sentiment was also boosted by reports that US President Donald Trump's tariffs may be more limited in scope than originally planned.

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US services activity picks up in March, but expectations deteriorate sharply

24th Mar 2025 11:15

(Sharecast News) - Business activity in the US picked up in March, but not in manufacturing, according to the preliminary results of two closely followed surveys.

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London midday: FTSE pares gains as investors mull UK PMI

24th Mar 2025 10:55

(Sharecast News) - London stocks had pared gains to trade flat by midday on Monday as initial enthusiasm about Donald Trump's "flexibility" over reciprocal tariffs wore off and as investors mulled a mixed UK PMI report.

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Director dealings: Savannah Energy, Totally insiders make big share purchases

24th Mar 2025 10:52

(Sharecast News) - Directors at both Savannah Energy and Totally made significant share purchases in their respective companies recently, according to regulatory filings released on Monday.

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