Market Report
Exit poll projects loss of majority for Conservatives, pound falls
Theresa May’s gamble to call a snap election may not have paid off, as exit polls suggest the Conservatives have lost their parliamentary majority in the General Election.
Europe close: Stocks end on mixed note after ECB, Italian shares fly
Shares ended on a mixed note as the European Central Bank continued to tiptoe closer to normalising its monetary policy, and the risk of early elections in Italy receded, according to some observers, sending government bond yields sharply lower in the process.
US open: Audible sigh of relief after Comey's Senate testimony
Stocks on Wall Street gained slightly throughout the open part of former FBI director James Comey's testimony to a senate panel, with no new special revelations having apparently come to light.
FX round-up: Sterling endures mixed election day amid market caution
Sterling had something of a mixed 'blockbuster' Thursday as the UK public turned out to vote in PM Theresa May's snap general election, which has seen caution blanket the market.
London close: FTSE 100 heads south as UK votes on 'blockbuster' Thursday
The FTSE 100 was weaker at the close as the UK voted in the snap election called by PM Theresa May, and traders worked their way through a full platter of US and European news on so-called 'blockbuster' Thursday.
Friday preview: Election results to set the scene, industrial data due
Unless there is a hung parliament, Friday's fairly quiet business calendar will be full of the economic and financial analysis of the election result, with some industrial and trade data thrown in.
1pm completes acquisition of Tracx Finance
Following its previous announcements on 18 May and 7 June, 1pm announced on Thursday that, following admission to trading on AIM of the 28,861,117 new ordinary shares upon markets opening, the acquisition of Tracx Finance had now completed.
Personal Group to offer salary loans to client employees
Personal Group announced on Thursday that it was partnering with Neyber and SalaryFinance, which would allow Personal Group's clients to offer their employees access to financial wellbeing solutions including loans direct from salary, on-site financial education, and saving products.
Commodities: Safe-haven gold down as market works through 'blockbuster' Thursday
Gold was heading lower as the market worked its way through 'blockbuster' Thursday, which featured the UK election, the ECB standing pat on interest rates and former FBI boss James Comey's testimony in the US.
CMC Markets results better than feared, but regulatory outlook divides analysts
CMC Markets saw revenues and profits fall in the year to end-March as clients spent less and costs climbed, but the result for its first full year as a listed company was not as bad as had been feared.
Oracle Coalfields reports solid progress at Thar project
Oracle Coalfields, the developer of a combined lignite mineral resource and mine mouth power plant located in the Thar desert in the south east of Sindh Province, Pakistan, updated the market on its progress in bringing its project to financial close on Thursday, as well as an update on operations.
Oxford Pharmascience progressing ibuprofen plans
Specialty pharmaceutical redevelopment company Oxford Pharmascience Group updated the market on Thursday regarding its clinical and commercial plans, centred on its OXPzero non-steroidal anti-inflammatory drug (NSAID) portfolio.
FTSE 250 movers: Berendsen surges on Elis deal; Electra in ex-div slump
London's FTSE 250 was up 0. 1% to 19,723. 02 in afternoon trade as millions of voters headed to the polls.
Tribal Group acquires Wambiz IP rights in some markets
Tribal Group announced on Thursday that it has acquired the intellectual property rights and exclusive distribution rights for the Wambiz private social network solution to the education markets across the UK, Australia and New Zealand from Wambiz Limited.
FTSE 100 movers: ITV gains on CEO comments; Vodafone goes ex-div
London's FTSE 100 was down 0. 2% to 7,467. 75 in afternoon trade as Britons headed to the polls.
Election results timeline: exit polls, first results, swing seats to watch
Britain began voting early on Thursday to decide the shape of its new government but with confidence in opinion polls shot to pieces in recent years there will be no firm idea of the result until two hours before midnight - and if it's tight this will mean every single local result counts.
Nordstrom surges as family explores option of going private
Nordstrom shares surged on Thursday as it said the founding family of the department store chain is exploring a deal to take it private.
Deutsche Bank says BP's cashflows from downstream underappreciated
Deutsche Bank reiterated its 'buy' stance on shares of BP, telling clients the oil major's downstream operations were being significantly undervalued.
US initial jobless claims fall less than expected
The number of Americans filing for unemployment benefits fell less than expected last week, according to data from the Labor Department.