Market news


IN BRIEF: Tembo sells £23 million stake in Pan African Resources

Pan African Resources PLC - Rosebank-headquartered gold producer - Tembo Capital Holdings Guernsey Ltd sells entire 2.5% stake in Pan African Resources. Tembo sells 58.8...

Wed, 19/03/2025 - 10:44


FDM Group shares rise as sees green shoots early in 2025

FDM Group Holdings PLC on Wednesday said it is seeing some ‘encouraging signs’ in its markets, after profit slumped in 2024.

FDM shares rose 14%...

Wed, 19/03/2025 - 10:33


Goodwin hails ‘milestone’ of record high forward order book

Goodwin PLC on Wednesday said its order book spiked to a record high, with both its Mechanical and Refractory divisions shining.

Goodwin shares rose 6.1% to...

Wed, 19/03/2025 - 10:13


LONDON BROKER RATINGS: Citi ups Bridgepoint; Barclays cuts Centrica

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

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FTSE 100

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Deutsche Bank cuts Spirax price target to 7,250 (7,525) pence - ’hold’

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RBC cuts...

Wed, 19/03/2025 - 09:59


Softcat raises profit guidance as first-half performance beats view

Softcat PLC on Wednesday raised its annual outlook, after a strong first half and ‘an encouraging second half pipeline’.

Shares jumped 12% to 1,816.80 pence...

Wed, 19/03/2025 - 09:45


UK MPs warn public sector accounts undermined by local audit backlog

Unreliable data in UK government accounts has resulted in income and debt being overstated by tens of billions of pounds while undermining transparency and financial...

Wed, 19/03/2025 - 09:42


Alpha Group ups dividend as profit grows; momentum ‘positive’

Alpha Group International PLC on Wednesday said it was confident in the outlook for the current year, as it announced annual profit, dividend and revenue...

Wed, 19/03/2025 - 09:41


Early market roundup: London opens lower before Fed rate call

Stocks in London traded in the red early on Wednesday, with the FTSE 100’s five-day winning streak under threat, before the main event, the Federal...

Wed, 19/03/2025 - 09:19


Rio Tinto defends dual-listing after proxies back Palliser proposal

Rio Tinto PLC on Wednesday defended its dual-listing structure again, after a pair of proxy advisers backed a review into it proposed by an activist...

Wed, 19/03/2025 - 09:12


M&G targets ‘progressive’ dividend as operating profit beats forecast

M&G PLC on Wednesday said it is moving to a ‘progressive’ dividend policy after delivering a mixed set of annual results with operating profit ahead...

Wed, 19/03/2025 - 08:52


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