Market Pulse
US close: Stocks mixed following FOMC decision
Wall Street stocks delivered a mixed performance on Thursday after the Federal Open Markets Committee’s latest interest rate decision a day earlier.
Broker tips: Victrex, Great Portland
Analysts at Berenberg lowered their target price on high performance polymers business Victrex from 1,680. 0p to 1,491. 0p on Thursday, stating the group was "not out of the woods yet".
London close: Stocks fall amid renewed global jitters
London markets exhibited a mixed performance on Thursday, as investors digested the latest policy announcement from the US Federal Reserve and reacted to corporate developments in various sectors.
Director dealings: Premier Foods CFO makes share sale
Premier Foods revealed on Thursday that chief financial officer Duncan Leggett had disposed of 6,164 ordinary shares in the London-listed food manufacturer.
FTSE 100 movers: Housebuilders hit by Crest Nicholson warning; Halma rallies
London’s FTSE 100 was down 0. 7% at 8,156. 78 in afternoon trade on Thursday.
US open: Stocks mixed following FOMC decision
Wall Street stocks were mixed early on Thursday after the Federal Open Markets Committee’s monthly policy meeting wrapped up yesterday.
Upside surprise in weekly US jobless claims at the start of June
The number of people in the States filing for unemployment benefits moved higher during the preceding week.
ADM Energy reports improvements at JKT facility
Natural resources investing company ADM Energy updated the market on Thursday on operations at its oil reclamation business, JKT Reclamation, in which it holds a 30. 6% economic interest.
Christie Group reports more favourable trading environment
Professional services provider Christie Group reported a more favourable trading environment for its transactional brokerage business in an update on Thursday, compared to the first half of 2023.
NWF FY performance seen in line with expectations
Agricultural and distribution business NWF that its full-year performance was expected to be in line with market expectations, reflecting a normalisation in the fuels and feeds markets and a strong contribution from its food division.
Ariana Resources upbeat on revised Dokwe mineral resources
Ariana Resources, an AIM-listed mineral exploration and development company with interests in gold projects across Africa and Europe, reported a revised mineral resource estimate (MRE) for its Dokwe North and Dokwe Central projects in Zimbabwe on Thursday.
Mexican billionaire Carlos Slim takes 3.2% stake in BT Group
Mexican billionaire Carlos Slim has taken a 3. 2% stake in BT Group.
Orcadian secures £1.15m loan with industry partner
Orcadian Energy announced the finalisation of a secured long-term loan agreement with an industry partner on Thursday.
US pre-open: Futures mixed following FOMC decision
Wall Street futures were mixed early on Thursday after the Federal Open Markets Committee's monthly policy meeting wrapped up yesterday.
London midday: FTSE falls further; Crest Nicholson tumbles on profit warning
London stocks had fallen further by midday on Thursday as investors mulled the latest policy announcement from the US Federal Reserve, with Crest Nicholson under the cosh after a profit warning.
PayPoint earnings rise as it announces share buyback
PayPoint reported significant progress towards its EBITDA targets in its full-year results on Thursday, and took the wraps off a three-year share buyback programme, starting with at least £20m over the next 12 months.
Norcros revenue falls, operating profit rises
Bathroom and kitchen products supplier Norcros reported revenue of £392. 1m in its full-year results on Thursday - a decrease of 11. 1% from the prior year, or 6% on a constant currency like-for-like basis.
Custodian Property posts robust set of full-year results
Custodian Property Income REIT reported a robust full-year performance in its final results on Thursday, with EPRA earnings per share growing 3. 6% to 5. 8p, up from 5. 6p in the prior year.
Kingfisher completes second tranche of £300m buyback
Kingfisher announced the completion of the second tranche of its £300m share buyback programme on Thursday, which it initially announced on 19 September last year.
PensionBee reaches £5bn in assets under administration
Online pension provider PensionBee Group announced significant milestones in an update on Thursday.