Market Pulse
Asia report: Regional markets finish week in the red
Asia-Pacific markets experienced significant declines on Friday, following a steep sell-off on Wall Street fueled by concerns over interest rates and the release of inflation data from Japan.
Kinovo FY results seen ahead of prior expectations
Property services group Kinovo said on Friday that it had delivered a "strong performance", with full-year results now anticipated to be ahead of prior expectations.
Stephen Bird stepping down as Abrdn CEO
Abrdn announced a leadership transition on Friday, with group chief executive officer Stephen Bird stepping down.
London open: Stocks fall as retail sales disappoint
London stocks fell in early trade on Friday, taking their cue from weakness in the US and Asia, as investors mulled a bigger-than-expected drop in UK retail sales.
Intertek hails ‘strong’ start to year, underpinned by consumer products arm
Intertek backed its full-year expectations on Thursday as it hailed a strong start to the year, with 7% growth in like-for-like revenue, driven by a recovery in the consumer products segment.
AJ Bell founder Andy Bell sells 7.5m shares in placing, raises £28.1m
AJ Bell said on Friday that founder Andy Bell sold 7. 5m shares in the investment platform in a placing at 375p each, raising around £28. 1m.
London pre-open: Stocks to fall after US and Asian losses; retail sales in focus
London stocks were set to fall at the open on Friday following heavy losses in the US and Asia, as investors mulled a bigger-than-expected drop in UK retail sales.
Friday newspaper round-up: Energy price cap, Mike Lynch, News Corp
The energy price cap in Great Britain will fall to the equivalent of £1,568,a year this summer after a drop in wholesale gas prices. Set by the energy regulator, Ofgem, the cap reflects the average annual dual-fuel bill for 29m households and takes effect from July until the end of September. The cap, which is set quarterly, will fall £122 in July from its current level of £1,690, easing the pressure on household finances. – Guardian.