Market Pulse
Eurozone PMI rises to three-month high
Economic activity in the eurozone improved more than expected, with the Markit flash purchasing managers' index for March reaching a three-month high as both services and manufacturing sectors rose higher than forecasts.
German PMI in line as strong services offsets weak manufacturing
Economic activity in Germany continued on a positive plane in March, with the strong services sector counterbalancing a the manufacturing industry's lowest rise in output since November 2014.
UK Commercial Property Trust leases fifth floor of Eldon House
UK Commercial Property Trust announced it had let the fifth floor of Eldon House in London on Tuesday.
Woodford Patient Capital Trust declines in maiden results
Neil Woodford’s latest investment vehicle Woodford Patient Capital Trust saw net asset value fall during 2015, by 2. 6% to 97. 38p, it reported in its maiden results on Tuesday.
IG Group third quarter revenue up 18%
Online spreadbetting and financial trading firm IG Group Holdings posted an 18% rise in third-quarter revenue and said it was entering the fourth quarter in a strong position.
SVG Capital records another year of growth
SVG Capital’s steady rise continued in 2015, with the FTSE 250 firm recording its sixth consecutive year of double digit net asset value growth on Tuesday.
Bellway hikes dividend as interim profit jumps
Bellway reported a big jump in interim pre-tax profit as revenue grew and the FTSE 250 housebuilder hiked its dividend.
London pre-open: Stocks seen flat as investors eye inflation data
London stocks are set to open flat on Tuesday as investors look to the release of UK inflation figures.
Demand in Asia drives Jimmy Choo growth
Revenue and earnings were up thanks to strong demand for the luxury wares of Jimmy Choo in 2015, particularly in Asia and Japan, with the firm reporting revenue growth of 7. 2% at constant currencies on Tuesday.
Tuesday newspaper round-up: Sports Direct, Brexit, gender pay gap
Investors have suffered losses of at least $150bn in the value of oil and gas company bonds, as the slump in crude prices since the summer of 2014 has fuelled fears of a wave of defaults in the US and emerging markets. The 300 largest global oil and gas companies have also seen $2. 3tn sliced from their stock market value over the same period, a 39 per cent slide since oil began its decline, an analysis by the Financial Times has found. – Financial Times.