Market Pulse
US close: Mixed session as traders digest PPI numbers
Wall Street stocks turned a mostly positive performance on Thursday following the release of yet another key inflation report.
US open: Stocks mixed following cooler-than-expected PPI reading
Wall Street trading got off to a mixed start on Thursday following the release of yet another key inflation report.
Europe close: Stocks slip even after ECB opens door to June rate cut
European stock markets were in the red amid the ongoing uncertainty surrounding the interest-rate outlook in the U. S.
Broker tips: Kingfisher, Darktrace, Marks & Spencer
HSBC upgraded B&Q and Castorama owner Kingfisher to 'buy' from 'hold' and lifted its price target on the stock to 305. 0p from 235. 0p.
Director dealings: Personal Group CFO makes share sale
Personal Group revealed on Thursday that chief financial officer Sarah Mace had disposed of 3,410 ordinary shares in the AIM-listed workforce benefits and services provider.
London close: Stocks finish lower as ECB stands pat
London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.
FTSE 250 movers: Darktrace surges on guidance; travel stocks hit
London’s FTSE 250 was down 0. 2% at 19,772. 85 in afternoon trade on Thursday.
European Metals reports success in Cinovec pilot lithium programme
European Metals announced a significant milestone on Thursday, with the successful production of lithium hydroxide monohydrate from pregnant leach solution generated during the recent larger-scale Cinovec pilot programme.
Oracle Power upbeat on study findings at Jhimpir
Oracle Power announced the successful conclusion of the geotechnical study and electrical resistivity survey (ERS) for its planned renewable power plant in Jhimpir, Sindh Province, Pakistan on Thursday.
Botswana Diamonds discovers second anomaly in Kalahari
Botswana Diamonds announced the discovery of a second anomaly on Thursday, close to another anomaly announced on 23 January.
Griffin Mining confident despite first quarter production weakness
Griffin Mining updated the market on production at the Caijiaying zinc-gold mine for the March quarter on Thursday, reporting that operations were affected by the Chinese Lunar New Year and Spring Festival holidays.
Iomart flags decent results, warns of lower-than-expected renewals
Secure cloud service provider Iomart said in an update on Thursday that, despite a challenging economic environment, it expected to deliver a robust set of full-year results for the 12 months ended 31 March.
FTSE 100 movers: AstraZeneca rallies; travel shares under pressure
London’s FTSE 100 was down 0. 2% at 7,949. 25 in afternoon trade on Thursday.
Mkango raises £0.75m to support HyProMag's first commercial sales
Mkango Resources closed a private placing on Thursday, raising £0. 75m in gross proceeds to support HyProMag’s first commercial sales, among other objectives.
US jobless claims decline by more than expected
America's labour market remained tight during the latest week.
Kibo Energy reports positive progress at MED subsidiary
Kibo Energy updated the market on its subsidiary Mast Energy Developments (MED) on Thursday, reporting the successful completion ahead of schedule of the initial first-phase work programme at its Pyebridge 9MW flexible power generation asset.
Great Western Mining begins new surveys in Mineral County
Great Western Mining announced the start of induced polarisation (IP) and resistivity surveys at its West Huntoon and M5 claims in Nevada’s Mineral County on Thursday.
US pre-open: Futures lower as traders await PPI reading
Wall Street futures were in the red ahead of the bell on Thursday as market participants prepared for the release of yet another key inflation report.
London midday: FTSE turns negative ahead of ECB; travel shares slump
London stocks had moved into the red by midday on Thursday ahead of the latest policy announcement from the European Central Bank and PPI reading in the US, as investors continued to mull the impact of a hotter-than-expected US inflation print.
Berenberg hikes target price on Darktrace following Q3 results
Analysts at Berenberg raised their target price on software and services firm Darktrace from 600. 0p to 630. 0p on Thursday after the group's third-quarter results earlier this morning demonstrated a continuation of "strong momentum" seen in Q2.