LONDON MARKET MIDDAY: Stocks rattled by hawkish Fed; BoE holds rates

UK indices remained in the red at midday on Thursday but with water companies bucking the trend following UK regulator Ofwat green lighting a substantial...

Thu, 19/12/2024 - 12:57

UPDATE: Investment trusts ask investors to take no action on Saba move

The seven investments trusts called out for poor performance by Saba Capital Management LP defended themselves in statements issued on Wednesday and Thursday.

The seven trusts...

Thu, 19/12/2024 - 12:42

BoE holds rates in split decision amid lowered UK growth forecast

The Bank of England on Thursday left interest rates unchanged at 4.75%, although the vote was more divided than had been forecast.

The BoE’s Monetary...

Thu, 19/12/2024 - 12:34

SMALL-CAP WINNERS & LOSERS: Jupiter Green IT to propose liquidation

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

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SMALL-CAP - WINNERS

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Jupiter Green Investment Trust PLC, up 2.2% at...

Thu, 19/12/2024 - 11:12

AIM WINNERS & LOSERS: Jaywing and Pipehawk offer cheery outlooks

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

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AIM - WINNERS

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Sabien Technology Group PLC, up 22% at 12.5 pence, 12-month range...

Thu, 19/12/2024 - 10:47

UPDATE: Investment trusts targeted by Saba Capital hit back at claims

Six of the seven investments trusts called out for poor performance by Saba Capital Management LP defended themselves in statements issued late on Wednesday.

The seven...

Thu, 19/12/2024 - 10:39

Fed rates comment triggers Wall Street sell-off, FTSE 100 follows suit, no Bank of England cut expected today, water companies get bills boost, Serco sees bumper pipeline

“Markets are normally good at reading the signs, but the sell-off on Wall Street last night would suggest investors had started on the Christmas sherry...

Thu, 19/12/2024 - 10:35

John Wood wins OMV Petrom contract for sustainable aviation fuel

John Wood Group PLC on Thursday said it has won a ‘significant’ contract with OMV Petrom for a sustainable aviation fuel production project in Europe....

Thu, 19/12/2024 - 10:18

Serco touts buoyant orders as backs outlook amid improved second half

Serco Group PLC on Thursday said the outlook for 2025 is ‘positive’, after an improved second half performance in 2024 led it to issue improved...

Thu, 19/12/2024 - 09:42

LONDON BROKER RATINGS: Barclays rates TT Electronics ’overweight’

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

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FTSE 100

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Jefferies raises Intermediate Capital target to 2,700 (2,300) pence - ’buy’

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SMALL CAP

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Barclays...

Thu, 19/12/2024 - 09:27

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