Market news


Squeezed margin pegs back Kingspan half-year profit despite sales bump

Kingspan Group PLC on Friday predicted brighter fortunes for the rest of 2024 after challenging markets restricted progress in the first half.

In the six months...

Fri, 16/08/2024 - 09:37


LONDON BROKER RATINGS: Bank of America raises Aviva price target

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

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FTSE 100

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Bank of America raises Aviva price target to 590 (570) pence - ’buy’

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FTSE...

Fri, 16/08/2024 - 09:37


IN BRIEF: Legal & General brings former M&G CFO Bousfield to board

Legal & General Group PLC - London-based insurer and asset manager - Appoints Clare Bousfield to its board as independent non-executive director from December 1....

Fri, 16/08/2024 - 09:35


‘Significant concerns’ over UK baby formula market, says regulator CMA

Parents and carers are ‘are paying more than they need to’ for baby formula due to weak price competition, a UK watchdog has warned.

The Competition...

Fri, 16/08/2024 - 09:32


UPDATE: Diversified Energy net profit dives; completes acquisition

Diversified Energy Co PLC reported a year-on-year decline in production, amid a sharp fall in profit due to fair value adjustments, and announced the completion...

Fri, 16/08/2024 - 09:17


Fletcher King doubles profit amid subdued property market backdrop

Fletcher King PLC on Friday reported strong full-year financial performance which it said will be a ‘challenging to maintain’ in the current financial year.

The London-based...

Fri, 16/08/2024 - 08:55


LONDON MARKET OPEN: FTSE 100 falls while French, German stocks rise

The FTSE 100 opened lower Friday morning despite a boost in retail sales in July, and underperforming against its counterparts in Paris and Frankfurt which...

Fri, 16/08/2024 - 08:53


abrdn Asian Income Fund underperforms benchmark in first half

abrdn Asian Income Fund Ltd on Thursday said it underperformed its benchmark in the first half but still had positive returns amid improving economic conditions....

Fri, 16/08/2024 - 08:51


CORRECT: UK retail sales rise in July amid triple sports boost

(Correcting the name of the director at Accenture.)

Retail sales in the UK rose in July, the Office for National Statistics reported Friday.

Retail sales volumes...

Fri, 16/08/2024 - 08:14


TOP NEWS: UK retail sales rise in July amid triple sports boost

Retail sales in the UK rose in July, the Office for National Statistics reported Friday.

Retail sales volumes are estimated to have climbed 0.5% monthly in...

Fri, 16/08/2024 - 07:23


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