Market Report
Europe close: Shares finish higher, but property stocks weigh
European shares finished slightly higher on Christmas eve, although housing stocks were under pressure after a third consecutive profits warning from Vistry, sending shares in the troubled UK housebuilder plunging.
London close: Stocks end up ahead of Christmas break; Vistry tumbles
London stocks ended in the black on Christmas eve, but housebuilders slumped after yet another profit warning from Vistry.
Director dealings: Canal+ directors invest, Ascent CEO's company sells out
Two significant director share transactions disclosed to the London market on Tuesday involved Canal+ and Ascent Resources.
Electric Guitar becomes cash shell as subsidiary enters liquidation
Electric Guitar confirmed on Tuesday that 3radical, previously its primary operating subsidiary, had entered creditors’ voluntary liquidation following shareholder and creditor approval on 23 December.
Ithaca Energy shares rise on Jocelyn South drilling results
Ithaca Energy shares were in the green on Tuesday, after it noted that exploration drilling at the Jocelyn South prospect in Block 30/07a of the Central North Sea had confirmed the presence of hydrocarbons.
Logistics Development redeems £10m investment, plans tender offer
Investing company Logistics Development Group announced the redemption of its £10m investment in Nash Squared's loan notes on Tuesday, following the disposal of the NashTech division by the Power of Talent Midco.
Roadside Real Estate swings to full-year profit
Roadside Real Estate reported a profit after tax of £43. 2m in its final results on Tuesday, a significant swing from the prior year’s £10. 2m loss, largely driven by discontinued operations, including a £41m non-cash gain from the partial sale of Cambridge Sleep Sciences (CSS).
Safestore JV buys Italy’s EasyBox for €175m
Self-storage group Safestore said on Tuesday that it has entered into a 50/50 joint venture with Nuveen Real Estate to acquire Easybox, Italy's second largest self-storage operator by number of stores, for €175m.
Cohort acquisition of EM Solutions pushed back to February
Technology specialist Cohort announced a revised timeline for its acquisition of EM Solutions, a subsidiary of Australia's Electro Optic Systems Holdings, on Tuesday.
Asia report: Most market rise in quiet Christmas Eve trading
Asia-Pacific markets closed mostly higher on Christmas Eve, buoyed by strong performances in US tech stocks that drove Wall Street gains overnight.
Gemfields says operations could be hit by Mozambique unrest
Gemfields said on Tuesday that there could be interruptions to its mining operations in Mozambique due to civil unrest.
Mindflair raises £0.49m through share placing
Next-generation artificial intelligence specialist Mindflair announced on Tuesday that it has raised £0. 49m through a share placing.
US pre-open: Quiet start expected ahead of festive break
US stock futures were pointing to small gains ahead of the opening bell on Tuesday with trading likely to be subdued as traders refrain from making any major moves before the festive holidays.
Power Metal deal to buy into GSAe reaches second phase
Power Metal Resources updated the market on its agreement to acquire a 75% stake in GSA Environmental (GSAe) on Tuesday - an engineering technology firm specialising in industrial waste remediation and metal extraction.
Harworth finally completes sale of Ansty land site
Harworth Group, a UK-based specialist in regenerating land for sustainable development, announced the completion of the £53. 5m sale of its 278-acre strategic land site in Ansty, Warwickshire, to Rugbyalpha Freeholdco on Tuesday.
Weiss Korea reports 'good progress' with strategic review
Weiss Korea Opportunity Fund reported “good progress” in its ongoing strategic review on Tuesday, following its last update on 4 November.
Europe open: Stoxx in Xmas spirit, but Vistry profit warning hits housing shares
European shares were up at the open on Christmas eve, although housing stocks were under pressure after a third consecutive profits warning from Vistry, sending shares in the troubled UK housebuilder plunging.
London open: FTSE gains but Vistry tanks after another profit warning
London stocks gained in early trade on Tuesday after a positive session on Wall Street, but Vistry tumbled as the housebuilder issued its third profit warning of the year.
Vistry slashes profit guidance, AstraZeneca pulls EU application for Dato-DXd
London open The FTSE 100 is expected to open 56 points higher for the truncated Christmas Eve session on Tuesday, having closed up 0. 22% on Monday at 8,102. 72.
London pre-open: Stocks to gain in quiet trade; Vistry warns on profits again
London stocks were set to gain at the open on Tuesday following a positive close on Wall Street.