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FTSE 250 movers: Dechra slumps on profit warning; Kainos results please
FTSE 250: 19,253. 17, -0. 19%.
Polymetal shares tank after Russia operations hit by US sanctions
Shares in gold producer Polymetal tanked on Monday after the US placed its Russian operations on a sanctions list in retaliation for Moscow's invasion of Ukraine, although the company stressed the measures did not impact assets outside Russia.
Europe midday: Eyes on US debt; Polymetal tanks on US sanctions
European shares hovered in positive territory at midday on Monday as investors awaited the outcome of talks on the US debt ceiling, while shares in gold producer Polymetal tanked as the US hit its Russian operations with sanctions.
Europe open: Shares flat with eyes on US debt ceiling; Dechra slumps
European shares were flat at the open on Monday as investors awaited the outcome of talks on the US debt ceiling and tensions between China and Washington over semi-conductors.
EZ March construction output falls 2.4%
Construction output in the euro area fell by 2. 4% month-on-month in March, compared with a revised 1. 7% increase in February, according to official data released by the European Union on Monday.
UK govt cuts stake in NatWest via £1.26bn buyback
The UK government has cut its stake in NatWest Group to 38. 6% via £1. 26bn off-market buyback deal.
China holds rates for ninth consecutive month
China kept its benchmark lending rates unchanged for the ninth month in a row on Monday, in line with forecasts.
Wise CFO to step down
The chief financial officer of Wise on Monday said he planned to leave the fintech just days after its chief executive announced he would be taking a leave of absence.