Market Pulse
Supermarket Income REIT increases facility with SMBC
Supermarket Income REIT announced an increase in its unsecured facility with Sumitomo Mitsui Banking Corporation (SMBC) of £37. 5m on Wednesday, bringing the total to £104. 5m.
Siemens not planning to make offer for Renishaw
German engineering firm Siemens confirmed late on Tuesday that it does not intend to make an offer for London-listed Renishaw.
London open: Stocks fall on US rate cut doubts
London stocks fell in early trade on Wednesday following a weaker close on Wall Street, amid growing doubts over US interest rate cuts following solid economic data.
Wizz Air passenger numbers grow further in March
Low-cost airline Wizz Air said in an update on Wednesday that it transported 4,778,980 passengers in March, marking a 12% increase compared to the same period last year.
Topps Tiles H1 profitability hit by weaker market
Topps Tiles cautioned on Wednesday that first-half profitability would be hit by a number of factors including a weaker market, as it reported a fall in revenues.
Ryanair traffic jumps 8% in March, load factor steady
Low-cost airline Ryanair reported an 8% jump in March traffic on Wednesday.
China's Caixin services PMI ticks up as expected in March
Activity in China’s services sector grew as expected in March, according to figures released on Wednesday.
London pre-open: Stocks seen lower on US rate cut worries
London stocks were set to fall at the open on Wednesday following a downbeat close on Wall Street, as doubts over US interest rate cuts grew following solid economic data.
Wednesday newspaper round-up: Thames Water, Shell, Nationwide
A bond issued by Thames Water’s parent company has fallen to record lows as the embattled company scrambles to secure its future, and the government signalled it is “ready to step in if necessary”. The £400m bond, issued by the water supplier’s parent company, Kemble, has slumped to only 14. 4p after shareholders indicated that they were unwilling to inject further funds into the heavily indebted utility company. – Guardian.