IN BRIEF: Fidelity China to buy net assets from abrdn China for merger

Fidelity China Special Situations PLC - China-focused investment trust - Regarding combination of assets with those of abrdn China Investment Co Ltd, which was approved...

Wed, 13/03/2024 - 12:06


UPDATE: Ageas seeks Direct Line backing after ‘compelling’ new bid

Ageas SA on Wednesday described its fresh bid approach for Direct Line Insurance Group PLC as ‘compelling’.

Ageas Chief Executive Hans De Cuyper said the...

Wed, 13/03/2024 - 11:56


IN BRIEF: MaxCyte loss widens in 2023 as core revenue declines 25%

MaxCyte Inc - Rockville, Maryland-based provider of cell engineering platform technologies developing ‘next-generation cell therapeutics’ - Net loss widens to $37.9 million in 2023 from...

Wed, 13/03/2024 - 11:54


Supermarket Income REIT posts narrowed loss as rent jumps, costs fall

Supermarket Income REIT PLC on Wednesday said that the UK grocery sector continues to show strong resilience despite challenges, as it reported a narrowed interim...

Wed, 13/03/2024 - 11:51


Gym Group shares rise as revenue grows and loss narrows

Gym Group PLC shares rose on Wednesday, after it reported an increase in 2023 revenue and a narrowed loss.

Shares in the gym operator were up...

Wed, 13/03/2024 - 11:18


AIM WINNERS & LOSERS: Woodbois rises as plots Mozambique exit

The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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AIM - WINNERS

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Woodbois Ltd, up 7.6% at 0.78 pence, 12-month...

Wed, 13/03/2024 - 11:12


Allianz Technology shy of benchmark as ’magnificent seven’ shine

Allianz Technology Trust PLC on Wednesday boasted a ‘strong absolute performance’ in 2023 despite slightly underperforming its benchmark, as the investor has an ‘underweight position’...

Wed, 13/03/2024 - 11:05


IP Group net asset value declines amid supply chain issues, inflation

IP Group PLC on Wednesday reported a slowed decline in net asset value, citing global issues such as supply chain disruptions and inflation and interest...

Wed, 13/03/2024 - 11:02


TOP NEWS: Direct Line dismisses fresh approach from Belgium’s Ageas

Direct Line Insurance Group PLC on Wednesday said it had rejected a modestly improved new takeover approach from Belgian insurance group Ageas SA.

The Bromley, England-based...

Wed, 13/03/2024 - 11:01


SMALL-CAP WINNERS & LOSERS: Gym Group fighting fit; Vanquis down again

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

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SMALL-CAP - WINNERS

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Seraphim Space Investment Trust PLC, up 5.7% at...

Wed, 13/03/2024 - 10:36


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