Market news

BoE’s Mann says higher interest rates needed to ‘purge’ inflation risk

A policymaker at the Bank of England has said interest rates need to stay higher for longer in order to ‘purge’ the risks to UK...

Fri, 20/09/2024 - 10:39

AIM WINNERS & LOSERS: Serabi up as gold shines; Steppe slumps

The following stocks are the leading risers and fallers on AIM on Friday.

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AIM - WINNERS

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Serabi Gold PLC, up 1.1% at 87.97 pence, 12-month range 25.60p-88.40p....

Fri, 20/09/2024 - 10:23

Tandem Group wins exclusive UK partnership with VanMoof

Tandem Group PLC on Friday announced the signing of an exclusive distribution and sales partnership in the UK with the Dutch bicycle manufacturer VanMoof BV.

Tandem,...

Fri, 20/09/2024 - 10:16

SMALL-CAP WINNERS & LOSERS: UBS likes Card Factory; Middlefield rises

The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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SMALL-CAP - WINNERS

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Card Factory PLC, up 4.2% at 138.60 pence,...

Fri, 20/09/2024 - 10:01

IN BRIEF: Primorus Investments ups stake in Fresho

Primorus Investments PLC - London-based small and mid cap investor - Acquires an additional 1.3 million shares at A$1.15 each in wholesale food online ordering...

Fri, 20/09/2024 - 09:55

Iofina first-half profit falls more than 75% as costs ramp up

Iofina PLC on Friday said its interim profit has fallen by more than 75%, following a six-month period of increased maintenance costs.

The Colorado, US-based...

Fri, 20/09/2024 - 09:48

Zinnwald Lithium focused on lithium hydroxide project as loss narrows

Zinnwald Lithium PLC on Friday said it continued to advance its integrated lithium hydroxide project as it reported a narrowed loss.

The Germany-focused lithium producer...

Fri, 20/09/2024 - 09:46

LONDON BROKER RATINGS: Jefferies cuts Burberry to ’underperform’

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

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FTSE 100

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Bernstein raises Whitbread price target to 3,600 (3,300) pence - ’outperform’

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HSBC cuts...

Fri, 20/09/2024 - 09:28

Baillie Gifford Shin Nippon upbeat on falling US interest rates

Baillie Gifford Shin Nippon PLC on Friday said that higher interest rates in the US and a weak yen have been persistent headwinds but appear...

Fri, 20/09/2024 - 09:23

IN BRIEF: Pressure Technologies cuts outlook; advances division sale

Pressure Technologies PLC - Sheffield, England-based engineering firm - Announces that process with preferred buyer identified in June for the sale of its precision machined...

Fri, 20/09/2024 - 09:21

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