Tag Archives: FTSE

Shareholders in Moneysupermarket.com were ‘in the money’ on Thursday after the price comparison website said that its full-year pre-tax profit rose to £116m from £106.9m in 2018, thanks to strong showings from both its home services and insurance units. So with basic earnings per share ahead by 9% to 17.7p, …

London’s FTSE 250 was up 0.6% at 21,817.41 in afternoon trade on Wednesday. South America-focused miner Hochschild Mining surged to the top of the index as it said higher precious metals prices helped it to double annual profits. The company said pre-tax profits rose to $76.8m from $38.4m on a …

London’s FTSE 250 was up 0.3% at 21,576.49 in afternoon trade on Thursday. Insurer Beazley was the standout gainer after it posted a better-than-expected surge in full-year pre-tax profit as three of its six divisions achieved double-digit growth. In the year to the end of December, pre-tax profit surged 250% …

In mid-morning trading the FTSE 100 is up ten points, while Royal Mail shares slump following a miserable trading update. Bullish momentum continues to carry equities higher this morning, although strength has begun to wane as investors prepare for tomorrow’s non-farm payroll report. US markets are back at record highs, …

Kaz Minerals rallied as copper prices advanced. Science and engineering company Qinetiq pushed up as it said it continued to perform in line with its expectations in the third quarter and announced the acquisition of Newman & Spurr Consultancy for £14m. Electrocomponents was on the rise as its trading statement …

London’s FTSE 250 was up 0.7% at 21,459.06 in afternoon trade on Tuesday. Irn-Bru maker AG Barr was the standout perform as it said full-year adjusted profit before tax was expected to be at the top end of current market expectations, “just ahead” of £37m. Revenue for the period was …

Tories win general election After Boris Johnson’s Conservative party won a landslide majority the likes of which has not been since Margaret Thatcher, industry professionals have hailed the news as a tailwind for the UK economy and assets. The markets reacted positively to the win, with the domestically-facing FTSE 250 …

Shares in Royal Mail, also singled out for nationalization if Corbyn had won the … Banks also performed strongly, boosted by hopes of a stronger U.K. … Source link

London’s FTSE 250 was 0.60% lower at 20,796.68 in afternoon trade on Tuesday, with Aston Martin Lagonda leading the index downward. Hunting followed close behind as it was knocked lower by a downgrade to ‘neutral’ at Credit Suisse due to falling US shale activity levels and disappointing results from internationally-exposed …

London’s FTSE 250 was 0.20% higher at 20,706.34 in afternoon trade on Thursday, with Dunelm leading the charge upward. Shares of the homeware retailer surged after it said full-year pre-tax profit was set to come in higher than previous expectations. AJ Bell analyst Russ Mould said: “A lot can happen …