Market Pulse
US close: Stocks recover from three days of losses
Shares on Wall Street showed signs of recovery on Wednesday, with all major indices edging higher amidst low trading volumes following three consecutive down sessions.
London close: Stocks finish firmer ahead of Easter break
London’s equity markets closed higher on Thursday ahead of the Easter break, despite lingering concerns over the UK's recessionary status in the latter part of last year.
Ethernity reports positive discussions with potential customers
Networking processing semiconductor technology specialist Ethernity Networks said in an update on Thursday that, throughout the year to date, it had engaged positively with several potential new customers, including two OEM vendors.
FTSE 100 movers: JD Sports surges; utilities in the red
London’s FTSE 100 was up 0. 5% at 7,974. 56 in afternoon trade on Thursday.
Simec Atlantis gets first £5m under EL land sale deal
Simec Atlantis Energy confirmed the receipt of the first £5m milestone payment under its agreement with EL Uskmouth, a subsidiary of FPC Electric Land, on Thursday.
Pantheon Resources reports planning and funding progress
Pantheon Resources reported progress in its development planning and funding initiatives in an update on Thursday.
Kitwave buys Total Foodservice in £21m deal
Wholesaler Kitwave announced the acquisition of Total Foodservice Solutions on Wednesday, an independent food wholesaler operating in the North of England.
MediaZest reports continued robust trading
Audio-visual specialist MediaZest said in an update on Thursday that, as explained in its full-year results earlier this month, it had seen a significant increase in activity during the final quarter of the last financial year ended 30 September.
London midday: Stocks maintain gains ahead of Easter break
London stocks were still firmer by midday on Thursday as investors shrugged off data confirming the UK fell into recession in the second half of last year.
James Latham revenue still in line with forecasts
James Latham said in a trading update on Thursday that fiscal year revenue had remained in line with market forecasts, with stable cost prices seen for both timber and panels.
Hutchmed cancer treatment indication accepted for review in China
Hutchmed China announced a significant milestone in its cancer treatment work on Thursday, with the supplemental new drug application (sNDA) for savolitinib had been accepted for review by the China National Medical Products Administration (NMPA).
Home Depot to buy SRS Distribution in $18.25bn deal
Home Depot said on Thursday that it has agreed to buy SRS Distribution, a residential specialty trade distribution company, for around $18. 25bn.
AO World sees FY profit 'at least' at top end of guidance
Electrical retailer AO World said on Thursday that FY24 adjusted pre-tax profit was set to be "at least" at the top end of the guided range of £28m to £33m.
Idox trading as expected in year-to-date
Information management and geospatial software specialist Idox said in a trading update on Thursday that its operational and financial performance had remained in line with the board's expectations in the financial year to date, instilling confidence in its outlook.
Asia report: Aussie stocks jump as yen languishes
Asia-Pacific markets finished with a mixed performance on Thursday, in a day of contrasts across the region.
Quiz announces board changes amid subdued trading
Shares in clothing retailer Quiz were sliding on Thursday morning, after it reported continued subdued trading alongside significant changes to its board, as part of a strategic review.
International Public Partnerships manages 5pc dividend growth
Infrastructure investment company International Public Partnerships reported full-year dividend growth of 5% in its full-year results on Thursday, to 8. 13p per share, in line with the increased dividend target it had set earlier.
London open: Stocks edge up as investors mull GDP data; Spirent surges
London stocks edged up in early trade on Thursday, taking their cue from an upbeat session on Wall Street, as investors digested data confirming the UK fell into recession in the second half of last year.
Capricorn Energy announces $50m special divi alongside results
Capricorn Energy announced plans for a proposed $50m special dividend alongside its full-year results on Thursday.
Data confirms UK fell into recession last year
The UK economy fell into recession in the second half of last year, according to final figures released on Thursday by the Office for National Statistics.