FTSE 100 lower as Asian stocks fall on weak Chinese manufacturing data, Vertu warns of difficult first-half, Rightmove attracts takeover interest

“The FTSE 100 dipped on Monday after weak Chinese manufacturing figures put Asian stocks on the back foot overnight,” says AJ Bell Investment Director, Russ...

Mon, 02/09/2024 - 10:44


Vertu Motors says aftersales growth helps offset weak new car sales

Vertu Motors PLC on Monday backed its full-year outlook despite a weak new car retail market and margin pressures.

The car dealership, which has 192 showrooms...

Mon, 02/09/2024 - 10:35


SMALL-CAP WINNERS & LOSERS: Artemis Alpha agrees Aurora combination

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

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SMALL-CAP - WINNERS

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Artemis Alpha Trust PLC, up 5.2% at 390.30...

Mon, 02/09/2024 - 10:27


TOP NEWS: UK manufacturing PMI hits 26-month high in August

The recovery in the UK manufacturing sector continued into August, with output, new orders and employment all rising, a survey on Monday showed.

The seasonally adjusted...

Mon, 02/09/2024 - 09:58


LONDON BROKER RATINGS: Barclays cuts Kingfisher to ’equal weight’

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

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FTSE 100

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Barclays cuts Kingfisher to ’equal weight’ (overweight) - price target 300 pence

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Royal Bank...

Mon, 02/09/2024 - 09:35


TOP NEWS: Kainos warns revenue will fall short of market expectations

Kainos Group PLC on Monday warned full-year revenue will be below current market expectations reflecting a short-term impact from the UK general election in Digital...

Mon, 02/09/2024 - 09:17


LONDON MARKET OPEN: Stocks open lower on day full of PMIs; MPs return

Stock prices opened lower on Monday morning in Europe, which has a lot of purchasing managers’ index data out today, while financial markets in the...

Mon, 02/09/2024 - 08:49


Investment Trust show #7: The big charges debate, F&C on the summer market slump, and why investors are paying a premium for 3i Group

Lots of investors are increasingly turning to cheap tracker funds which means the pressure is on investment trusts to not only outperform the market and...

Mon, 02/09/2024 - 08:00


TOP NEWS: Australia’s REA Group confirms considering Rightmove offer

Australia’s REA Group Ltd on Monday confirmed it is considering considering make a cash and shares takeover offer for UK peer Rightmove PLC, saying it...

Mon, 02/09/2024 - 06:58


Irish manufacturing growth accelerates in August with modest upturn

Irish manufacturing improved in August, data published by S&P Global showed Monday.

The headline AIB Ireland manufacturing purchasing managers’ index improved to 50.4 in August from...

Mon, 02/09/2024 - 06:13


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