Market Pulse
London close: Stocks finish lower on China stimulus disappointment
London markets ended Tuesday on a weaker note, weighed down by investor disappointment over the absence of new stimulus measures from China.
Director dealings: Ramsdens chairman lowers stake
Ramsdens revealed on Tuesday that chairman Andrew Meehan and his wife, Susan, had disposed of 125,000 ordinary shares in the London-listed jeweller and pawnbroker.
FTSE 100 movers: Imperial Brands rallies; Vistry tanks on profit warning
London’s FTSE 100 was down 1. 4% at 8,190. 48 in afternoon trade on Tuesday.
ECR Minerals reports encouraging test results from Blue Mountain Project
ECR Minerals announced highly encouraging results from test work at the Blue Mountain Project in Queensland on Tuesday, revealing a 91. 7% gold recovery rate from ore samples using a single-stage gravity recoverable gold (GRG) process.
US open: Stocks mixed as bond yields remain elevated
Major indices were mixed early on Tuesday as oil prices eased slightly but bond yields remained elevated.
Intercede reports strong half-year revenue growth
Cybersecurity software company Intercede reported strong revenue growth for the six months ended 30 September in an update on Tuesday.
Gooch & Housego reports strong second half of trading
Gooch & Housego, a specialist manufacturer of photonic components and systems, reported a strong second half of trading in an update on Tuesday, in line with market expectations.
Berenberg lowers target price on Impax Asset Management
Analysts at Berenberg lowered their target price on Impax Asset Management from 620. 0p to 560. 0p on Tuesday but noted that outflows had started to slow.
IQE appoints Mark Cubitt as its new chair
Compound semiconductor wafer products and advanced material solutions IQE announced the appointment of Mark Cubitt to its board on Tuesday, as an independent non-executive director and chair-elect.
Fusion Antibodies reports positive recent trading
Fusion Antibodies reported positive trading in an update on Tuesday, highlighting significant progress for the first half of its financial year.
GenIP reports encouraging initial demand for GenAI services
GenIP, a technology company specialising in generative artificial intelligence (GenAI) services, announced encouraging initial results on Tuesday, following the launch of its enhanced GenAI services on 1 September.
PepsiCo cuts revenue outlook again
PepsiCo cut its annual organic revenue guidance again on Tuesday as it highlighted a "subdued" performance in North America in the third quarter.
PetroTal reports strong third quarter performance
PetroTal reported a strong third quarter operational and financial performance on Tuesday, with average production of 15,160 barrels of oil per day, a 39% increase compared to a year earlier.
US pre-open: Futures higher following Monday's heavy losses
Wall Street futures were in the green ahead of the bell on Tuesday amid heightened oil prices and rising bond yields.
Brooks Macdonald buys financial planning firm Lift for up to £45m
Brooks Macdonald said on Tuesday that it has agreed to buy financial planning firm Lift for up to £45m.
London midday: FTSE slides on China disappointment; Vistry tanks on profit warning
London stocks were still sharply lower by midday on Tuesday as investors were left disappointed by a lack of new stimulus measures from China, and with housebuilder Vistry in freefall after a profit warning.
NFIB small business optimism index falls short of expectations
The National Federation of Independent Business' September optimism index increased to 91. 5 in September, missing forecasts for a print of 91. 7 and marking the 33rd consecutive month below the 50-year average of 98.
Kooth slides as Root Capital sells 3.7m shares in placing
Kooth tumbled on Tuesday after Root Capital sold just over 3. 75 million shares in the company in a placing.
Gulf Keystone announces $20m dividend, $10m share buyback
Gulf Keystone Petroleum announced a $20m interim dividend and the launch of a share buyback programme worth up to $10m on Tuesday.
Asia report: Most markets fall as China returns from holiday
Asia-Pacific markets experienced a turbulent session on Tuesday, as mainland Chinese markets returned from a week-long break, while traders digested weak data from Japan.