Market Pulse
Scottish Mortgage NAV grows, Nvidia investment proves fruitful
Investment trust Scottish Mortgage said on Thursday that its net asset value had grown in the twelve months ended 31 March, as its investment in chipmaker Nvidia helped boost earnings despite trading in what it called a "challenging" year.
Bakkavor lifts FY profit guidance after 'strong' Q1
Food group Bakkavor lifted its full-year profit guidance on Thursday as it hailed a "strong" first-quarter performance.
Aviva reports strong start to 2024
Aviva has reported strong results for its first quarter on Thursday, with robust growth across its divisions as it maintained a solid capital position.
Europe open: Chipmakers lead rally after Nvidia results
European stocks rose in early trade on Thursday, with chipmakers in the black after solid results from US tech giant Nvidia.
National Grid reports mixed year, announces £7bn rights issue
National Grid shares were sliding on the release of its full-year results on Thursday morning, as it announced an equity raise of £7bn through a rights issue to support its future investments.
AJ Bell profits rise as platform customers reach milestone
Investment platform AJ Bell hiked its dividend on Thursday as it hailed a "very strong" interim performance, posting a jump in profits and revenue as platform customers reached a milestone.
Johnson Matthey profit hit by lower PGM prices
Johnson Matthey posted a fall in full-year underlying profit on Thursday as it was hit by lower metals prices.
Wizz Air returns to full-year profit amid 'sustained' demand
Budget airline Wizz Air said on Thursday that it returned to profit in the year to the end of March amid "sustained" demand.
London pre-open: Stocks seen flat; HL rejects 985p a share takeover offer
London stocks were set for a steady open on Thursday after Prime Minister Rishi Sunak called a general election for 4 July and following well-received results from US tech giant Nvidia.
Thursday newspaper round-up: Mike Lynch, smart meters, Very Group
San Francisco federal courthouse on Thursday as a key witness in his own criminal fraud trial, which began in March. US authorities have charged the former software tycoon with 16 counts of wire fraud, securities fraud and conspiracy relating to his company’s acquisition deal with Hewlett-Packard in 2011. If convicted, Lynch faces up to 25 years in prison. He has pleaded not guilty. – Guardian.