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UK house prices unchanged in June - Rics
UK house prices were unchanged in June, a closely-watched survey showed on Thursday, but optimism sparked across the sector following the general election.
US close: Stocks sharply higher as chip stocks rally
Wall Street closed sharply higher on Wednesday after chip stocks delivered solid gains.
Thursday preview: US CPI, Jet2 in the spotlight
The market spotlight on Thursday will be on the US consumer price report for the month of June.
Europe close: Stocks rebound ahead of US CPI data
European shares were higher on Wednesday as investors eyed the release of key consumer price data due out the next day in the States and following a downdraft during the previous session.
Broker tips: Next, Page Group, IAG
Citi has upgraded Next from 'sell' to 'neutral' and hiked its target price by 40% on the back of an improving macro environment in the UK and the retailer's cash position.
London close: Stocks rise as investors look to US data
London stocks closed on a positive note Wednesday, buoyed by robust performances in the airline sector and growing investor attention towards key economic events in the United States, although the top-flight index remained near recent lows.
Director dealings: Avon Protection director makes share purchase
Avon Protection revealed on Wednesday that non-executive director Magdalene Brereton had acquired 1,565 ordinary shares in the London-listed respiratory protection manufacturer.
Crest Nicholson poised to back £720m Bellway bid
Crest Nicholson said on Wednesday that it was "minded" to recommend Bellway’s revised £720m takeover offer, pushing shares in the housebuilder higher.
FTSE 100 movers: IAG flies higher on upgrade; Barratt in the red
London’s FTSE 100 was up 0. 5% at 8,178. 84 in afternoon trade on Wednesday.
FTSE 250 movers: Investors get a taste for SSP; Direct Line slips
FTSE 250 (MCX) 20,850. 92 1. 00% .
BoE’s Huw Pill concerned by persistence of inflation
Bank of England chief economist Huw Pill expressed concerns on Wednesday about the persistence of inflation in the UK.
US open: Mixed start to trading ahead of Powell testimony
Wall Street trading got off to a mixed start early on Wednesday as Jerome Powell headed to Capitol Hill for a second straight day.
Quadrise working towards vessel trials with MSC
Quadrise updated the market on its ongoing project with MSC Shipmanagement of Cyprus (MSC) on Wednesday.
Caledonia Mining reports strong first half at Blanket
Caledonia Mining announced strong gold production results for the quarter and half-year ended 30 June at its Blanket Mine in Zimbabwe on Wednesday.
M Winkworth declares Q2 dividend following H1 sales jump
Real estate agency franchisor M Winkworth declared a second-quarter dividend of 3. 0p per share on Wednesday after seeing sales increase throughout the first half of 2024.
Honeywell to buy Air Products’ LNG business for $1.81bn
Honeywell said on Wednesday that it has agreed to buy Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1. 81bn in cash.
HSBC set to reorganise investment banking division
HSBC is reorganising its investment banking division to mirror the structure of competitors like Citigroup, according to fresh reports on Wednesday.
Capital Metals preparing to drill at Eastern Minerals Project
Mineral sands developer Capital Metals updated the market on the high-grade Eastern Minerals Project in Sri Lanka on Wednesday, confirming that it had received all necessary consents to start a “significant” drilling programme.
3M CFO Monish Patolawala resigns
3M said on Wednesday that president and chief financial officer Monish Patolawala has resigned with effect from 31 July to pursue another opportunity.
US pre-open: Stocks mixed ahead of Powell's House testimony
Wall Street futures were mixed ahead of the bell on Wednesday as Jerome Powell gets set to return to Capitol Hill for a second straight day.