Market Pulse
Asia report: Markets rise as Aussie surveys show mixed economic sentiment
Asia-Pacific markets experienced notable gains on Tuesday, buoyed by positive performances on Wall Street overnight, where the S&P 500 and Nasdaq Composite closed at record highs.
PRS REIT extends, amends advisory agreements
PRS REIT announced on Tuesday that it has extended its investment advisory agreement and development management agreement with Sigma PRS Management, effective from 1 July.
Abingdon Health FY revenues surge
Lateral flow test manufacturer Abingdon Health said on Tuesday that full-year revenues had surged amid "strong commercial progress" across the group.
Thames Water warns on cash as liquidity falls further
The UK’s largest water company Thames Water could see its cash run dry by the end of next May, it was revealed on Tuesday.
Begbies Traynor 'confident' on outlook following strong FY trading
Restructuring specialist Begbies Traynor said on Tuesday that it was feeling "confident" following a strong full-year trading performance and positive momentum going in to FY25.
Panthera Resources kicks off drilling programme at Kalaka
West Africa and India-focussed gold explorer and developer Panthera Resources announced the start of a diamond drilling programme at the Kalaka Project in Mali on Tuesday.
TPXimpact meets all full-year financial targets
TPXimpact announced its unaudited preliminary results on Tuesday, meeting all of its financial targets and exceeding market expectations for the year ended 31 March.
Recruiter PageGroup warns on profits
Recruiter PageGroup warned on profits on Tuesday, citing geopolitical and macroeconomic uncertainty.
Naked Wines agrees new credit facility, CFO to step down
Naked Wines announced the completion of a new $60m credit facility with PNC Bank on Tuesday, replacing its previous facility with Silicon Valley Bank.
Loungers delivers 'record year' of sales
Bar and restaurant chain operator Loungers said on Tuesday that it had delivered a "record year" in terms of sales, profits and site openings.
Capita to sell software business Capita One for £200m
Capita surged on Tuesday after announcing the sale of its public sector software business Capita One for £200m.
London open: Stocks flat as investors mull retail sales; PageGroup, Indivior warn on profits
London stocks were steady in early trade on Tuesday as investors mulled a dip in retail sales and profit warnings from PageGroup and Indivior.
SSE advancing development of 2GW Dutch offshore wind farm
SSE announced on Tuesday that it is advancing the development of a 2GW offshore wind farm in the Netherlands alongside its partner, APG.
Vistry backs FY expectations after 'strong' first half
Vistry backed its full-year expectations on Tuesday as it hailed a "strong" first half, with profit expected to have risen 7%.
London pre-open: Stocks to edge higher; UK retail sales dip
London stocks were set to edge up at the open on Tuesday as data showed a dip in retail sales.
Tuesday newspaper round-up: Meta, EDF, Tesla
Meta has claimed news is not the antidote to misinformation and disinformation spreading on Facebook and Instagram, as the company continues to push back against being forced to pay media companies for news in Australia. Meta announced in March it would not enter into new agreements with media companies to pay for news following the end of contracts signed in 2021 under the Morrison government’s news media bargaining code. – Guardian.