Peel Hunt notes ‘gradual improvement’ since swing to annual loss

Peel Hunt Ltd on Friday said ‘unusually low’ market activity caused its revenue to fall and its swing to a loss in financial 2023, but...

Fri, 16/06/2023 - 09:59

SMALL-CAP WINNERS & LOSERS: Mears says profit to exceed expectations

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

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SMALL-CAP - WINNERS

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Mears Group PLC, up 5.3% pence, 12-month range...

Fri, 16/06/2023 - 09:50

Why the US deficit is a taxing issue for the Federal Reserve

The Federal Open Markets Committee continues to argue that it is ‘data dependent’ when it comes to setting monetary policy. The latest round of inflation...

Fri, 16/06/2023 - 09:47

CT Automotive shares jump as outlook improves following difficult year

CT Automotive Group PLC shares increased on Friday after it posted a positive outlook, despite a difficult year with revenue down and losses widening.

Shares...

Fri, 16/06/2023 - 09:40

Anglo-Eastern Plantations fruit bunches output falls as price drops

Anglo-Eastern Plantations PLC on Friday reported a lower production of fresh fruit bunches amid a decline in the price of crude palm oil due to...

Fri, 16/06/2023 - 09:30

IN BRIEF: Genedrive shares up as UK government grant received

Genedrive PLC - Manchester, England-based point-of-care molecular diagnostics company - Awarded a multi-partner grant for the validation of its CYP2X19 ID kit from Innovate UK...

Fri, 16/06/2023 - 09:27

IN BRIEF: Canadian Overseas shares down on conversion of bonds

Canadian Overseas Petroleum Ltd - Calgary-based oil and gas company with operations focused in Wyoming, US - Issues 25.9 million common shares to settle $1.3...

Fri, 16/06/2023 - 09:19

ValiRx shares drop after cancer drug research dropped

ValiRx PLC shares fell on Friday, after it ended its evaluation agreement with Hokkaido University to research a potential drug.

ValiRx is an Essex, England-based life...

Fri, 16/06/2023 - 09:09

LONDON BROKER RATINGS: UBS lifts B&M price target to 550p from 385p

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

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FTSE 100

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UBS raises B&M European Value Retail price target to 550 (385) pence - ’neutral’

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Barclays...

Fri, 16/06/2023 - 09:07

LONDON MARKET OPEN: Stocks up after central bank bonanza and BoE ahead

Shares in London kicked off Friday on the up, as investors digest a wave of central bank decisions, with the pound also climbing as the...

Fri, 16/06/2023 - 09:00

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