Market Pulse
Persimmon's H1 drags house builders higher, bodes well for sector in 2016
UK house builders are topping the FTSE 100 leaders ladder today thanks to Persimmon's chipper interims, prompting some to highlight the sector's 2016 potential.
Serica Energy announces further delays to North Sea production
Serica Energy, a UK based energy exploration and production company, announced that it was facing further production delays at its Erskine field in the North Sea due to maintenance issues.
Hostelworld reports rise in bookings despite terrorist attacks in Europe
Hostelworld Group reported a 16% rise in 'core' bookings over the first six months of the year despite the recent rise in terrorist attacks around Europe and reaffirmed its expectations for the full-year.
Best Buy's Q2 numbers beat expectations
Best Buy surged in pre-market trade after the consumer electronics retailer’s second-quarter results beat expectations.
Circle Property makes solid progress since listing on AIM
Property management company Circle Property said it had made solid progress in its maiden results for the first quarter, while it secured a significant line of debt funding.
Europe midday: Stocks push higher despite weaker oil prices
European stocks rose on Tuesday, bouncing back from the previous session’s losses despite weak oil prices, as investors continued to eye this week’s speech by Federal Reserve Chair Janet Yellen at Jackson Hole.
London midday: Stocks climb as traders assess Eurozone PMI
London stocks climbed on Tuesday as the Eurozone composite purchasing managers’ index unexpectedly nudged up to a seven-month high in August.
UK manufacturers' export orders hit two-year high in August, CBI says
Sterling's fall in value drove UK manufacturers' export order books to multi-year highs, the results of a widely-followed survey revealed, even as they prepared to raise prices in a bid to pass-on their own now higher costs.
Rating outlook for UK life insurers is stable, Fitch says
The outlook for UK life insurers' long-term credit ratings was stable despite the impact of lower interest rates, a reflection of their strong capital positions, Fitch Ratings said.
US pre-open: Stocks seen slightly higher despite weak oil prices
US futures pointed to a slightly firmer open on Wall Street despite declining oil prices, as investors looked ahead to Federal Reserve Chair Janet Yellen’s speech at Jackson Hole at the end of the week.
Eurocell interim profit and revenue up, confident on FY
Eurocell reported a jump in pre-tax profit for the first half as revenue grew.
Millions of low-income households in debt, say TUC, UNISON
Unsecured debt has increased for UK households, in part due to wage stagnation, according to two trade unions.
Tlou Energy renews agreement with General Electric
AIM-listed Tlou Energy has renewed a cooperation agreement with General Electric and Australia’s IK Holdings for the delivery of a proposed gas to power solution for Botswana.
Electric Word interim losses widen, revenue flat
AIM-listed specialist information business Electric Word reported a widening of its losses in the first half as revenue remained flat.
Gender pay gap has not changed in 20 years for higher educated women
The hourly pay gap between higher-educated women and men has not closed in the last 20 years and it widens after women have children.
Asia: Stocks mostly lower ahead of Yellen speech
Asia stocks were mostly in the red on Tuesday as traders exercised caution ahead of Federal Reserve chair Janet Yellen’s speech later in the week.
Oil price recovery 'fragile', says Goldman Sachs
The oil price recovery remains fragile, Goldman Sachs said in a note, as three remaining large sources of oil supply disruptions – Nigeria, Iraq and Libya – have all shown signs of increasing output since last Wednesday.
Eurozone flash composite PMI unexpectedly nudges up in August
Markit’s flash eurozone composite purchasing managers’ index unexpectedly nudged up to a seven-month high in August.
EU leaders call for more Europe despite populist backlash
The leaders of the euro area's three largest economies vowed to push ahead with the European project despite the populist backlash against Brussels.
Jefferies ups BHP Billiton to 'buy', says mining sector fundamentals have improved
Jefferies upped its recommendation on BHP Billiton to ‘buy’ from ‘hold’ as it took a look at the metals and mining sector.