Market Pulse
US close: Dow claws back majority of Wednesday's losses
Wall Street stocks closed higher on Thursday as major indices reclaimed a significant chunk of the previous session's losses.
London close: Stocks rise as US jobless claims reach four-month low
London markets ended Thursday on a positive note, as investors reacted to a four-month low for US jobless claims, and renewed support measures from China.
Broker tips: Watches of Switzerland, Avation, Experian
Deutsche Bank upgraded Watches of Switzerland on Thursday to 'buy' from 'hold' and lifted its price target on the stock to 490. 0p from 435. 0p as it said now was the right time to revisit the WOSG investment case and its mid-term growth potential.
Director dealings: New Hill & Smith CEO takes up stake
Hill & Smith revealed on Thursday that chief executive Rutger Helbing had acquired 10,000 ordinary shares in the FTSE 250-listed construction products manufacturer.
IP Group to sell Featurespace to Visa for undisclosed sum
IP Group - an investor in early-stage science and technology companies - said on Thursday that Visa has agreed to buy one of its portfolio companies, Featurespace, for an undisclosed sum.
FTSE 100 movers: Prudential, StanChart rally; oil giants gush lower
London’s FTSE 100 was up 0. 3% at 8,289. 13 in afternoon trade on Thursday.
US open: Stocks sharply higher following GDP reading, jobless claims
Wall Street stocks were in the green at the bell on Thursday as major indices looked set to reclaim a chunk of yesterday's losses.
US initial jobless claims hit four-month low
Americans lined up for unemployment benefits at a decelerated pace in the week ended 21 September, according to the Department of Labor.
Mutares tumbles as Gotham City highlights accounting irregularities
German private equity firm Mutares tumbled on Thursday after Gotham City Research put out a note pointing to accounting irregularities and suggesting that the company is "increasingly reliant" on debt.
Deutsche Bank ups WOSG to ‘buy’, cites mid-term growth potential
Deutsche Bank upgraded Watches of Switzerland on Thursday to ‘buy’ from ‘hold’ and lifted the price target to 490p from 435p.
NWF Group reports solid start to financial year
NWF Group reported a solid start to its financial year in an update on Thursday, with overall trading for the first quarter in line with the board's expectations.
RBC Capital lifts Experian to ‘sector perform’
RBC Capital Markets lifted its stance on Experian to ‘sector perform’ from ‘underperform’ on Thursday as it transferred coverage, hiking the price target to 4,200p from 2,500p.
Touchstar board to conduct strategic review
Touchstar announced on Thursday that its board would conduct a strategic review to explore various options for future growth and value creation for shareholders.
Canaccord Genuity lowers target price on Avation
Analysts at Canaccord Genuity lowered their target price on commercial passenger aircraft leasing business Avation from 280. 0p to 255. 0p on Thursday, a more than 50% net asset value discount despite upward pressure on fleet and order book values.
US pre-open: Futures trade higher ahead of Fed speakers, GDP reading
Wall Street futures were in the green ahead of the bell on Thursday as major indices looked set to reclaim some of yesterday's losses.
IG Design warns on profits, shares slide
IG Design slid on Thursday after the stationery product manufacturer warned on profits amid ongoing challenges at its DG Americas division.
London midday: Stocks stay up as Prudential, miners rally on China boost
London stocks were still up but off earlier highs by midday on Thursday, having taken their opening cue from strong gains in Asia after China pledged more measures to underpin the economy.
Sunrise Resources announces promising Reese Ridge sampling results
Sunrise Resources announced promising high-grade results from recent sampling at its Reese Ridge zinc-lead-silver project in Nevada on Thursday.
AB Dynamics performs 'strongly' during H2, completes Bolab acquisition
Advance testing and simulation products manufacturer AB Dynamics said on Thursday that it has "performed strongly" during the second half of the year, delivering "significant" organic growth.
Zinc Media secures £4m in revenues
Production group Zinc Media announced on Thursday that two of its popular series have been recommissioned, bringing in a combined value of £4. 0m in revenue across FY24 and FY25.