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Strong buyer demand boosts UK housing market - RICS
The UK housing market continued to strengthen last month, an industry survey showed on Thursday, as prices stabilised and buyer demand improved.
Europe close: Stocks pare gains after stronger US inflation data
A upside surprise in US inflation caused a sell-off across Europe on Wednesday afternoon, with markets trimming earlier gains, but a late recovery helped keep stocks above water by the close of trade.
London close: Stocks finish higher as US inflation tops forecasts
London’s stock markets closed positively on Wednesday, as investors processed a higher-than-anticipated inflation report from the US, while Tesco paced the gains following favourable results.
Broker tips: AO World, Spirent Communications, RS Group
Shore Capital upgraded AO World on Wednesday to 'buy' from 'hold' as it said the online electricals company was "emerging as a capital-light cash compounder" within an industry it believes will "accommodate for margin recovery over the short term" and was at a volume trough versus the past ten years.
Director dealings: Roadside Real Estate chairman's wife snaps up shares
Roadside Real Estate revealed on Wednesday that chairman Charles Dickson's wife, Helen, had acquired 879,678 ordinary shares in the AIM-listed real estate business.
Centaur Media soars on takeover approach from Dutch PE firm
Shares in Centaur Media soared on Wednesday afternoon after the publishing, events and marketing company confirmed speculation about a takeover approach from a Dutch private equity firm.
FTSE 250 movers: Real estate stocks dive after US inflation surprise
Real estate stocks dived in late-afternoon trade on Wednesday, sending the FTSE 250 into the red, after a bigger-than-expected jump in US inflation.
US open: Stocks lower following hotter-than-expected CPI print
Wall Street stocks were firmly in the red early on Wednesday as market participants digested a hotter-than-expected March consumer price index.
Sector movers: Miners hit by U.S. dollar strength after 'hot' CPI
A stronger-than-expected reading on the U. S. Consumer Price Index for March propelled the Greenback higher, as traders priced out the possibility of an interest rate cut at the Federal Reserve's June policy meeting.
RS Group well-positioned for market recovery, says Numis
Numis has cut its estimates for industrial and electrical products maker RS Group but kept a 'buy' rating, saying that the company is well placed to benefit from gradually improving macro conditions.
FTSE 100 movers: Tesco jumps on results; miners retreat
London’s FTSE 100 was down 0. 2% at 7,922. 95 in afternoon trade on Wednesday.
Ted Baker's US licensing partner said to be eyeing UK operations
Ted Baker's US licensing partner is reportedly a leading contender to take control of the fashion brand's British operation weeks after it collapsed into administration.
US CPI rises a tad more quickly than expected in March
The cost of living in the U. S. rose by more than expected last month amid gains in the cost of energy, clothing and medical care services.
Thursday preview: ECB decision, US producer prices in the spotlight
The market spotlight on Thursday will be squarely on the European Central Bank's policy meeting.
Canaccord Genuity raises target price on Spirent Communications
Analysts at Canaccord Genuity raised their target price on telecommunications testing company Spirent Communications from 175. 5p to 199. 0p on Wednesday following Keysight's recent cash offer.
Court overturns EU sanctions against two Russian billionaires
A senior European Union court has lifted sanctions against Russian billionaires Mikhail Fridman and Petr Aven, it was confirmed on Wednesday.
Helium One Global reports progress at Rukwa Project
Tanzania-focussed helium explorer Helium One reported progress and updated on strategic initiatives at its Rukwa Project in an update on Wednesday.
Nexxen International repays $100m of debt
Connected TV advertising technology specialist Nexxen International said in an update on Wednesday that it repaid its outstanding debt under the secured term loan ‘A’ and the revolving credit facility on 9 April.
e-Therapeutics proposes £29m fundraising, delisting from AIM
RNAi medicines data and development specialist e-Therapeutics proposed a fundraise and its delisting from AIM on Wednesday.
Caledonia Mining reports rise in Blanket Mine gold production
Caledonia Mining reported a notable increase in gold production from its Blanket Mine in Zimbabwe for the first quarter of 2024 on Wednesday, despite a reduction in production days compared to the same period in 2023.