Market Report
Berenberg lowers target price on Liontrust following H1 results
Analysts at Berenberg lowered their target price on Liontrust Asset Management from 625. 0p to 500. 0p on Thursday but said the group was still "well positioned for when markets turn".
Jet2 delivers 'record performance' in H1, raises FY guidance
Airline company Jet2 said on Thursday that it had delivered "another record performance" in the six months ended 30 September, leading the group to upgrade its full-year outlook.
Liontrust to cut jobs as profits fall
Liontrust Asset Management said on Thursday that it was planning to cut around 25 jobs in a bid to save costs, as it reported a drop in first-half profits but struck an upbeat note on the outlook.
Asia report: Markets mostly lower with Nvidia, Adani in focus
Asia-Pacific markets broadly declined on Thursday as investors digested mixed signals from Nvidia’s earnings and regional developments.
Speedy Hire swings to interim loss
Tools and equipment hire firm Speedy Hire said on Thursday that it swung to an interim pre-tax loss amid higher costs.
CMC Markets interim revenues up 50pc
Financial services firm CMC Markets said on Thursday that net revenues had surged in the six months ended 30 September, helping the group swing from its interim pre-tax loss a year earlier.
London open: FTSE dips as Nvidia fails to impress; JD Sports slides
London stocks dipped in early trade on Thursday after third-quarter numbers from US tech giant Nvidia failed to impress investors and as geopolitical tensions continued to simmer.
Europe open: Stoxx dips below 500 as Nvidia disappoints
European shares opened lower on Thursday, with the benchmark Stoxx 600 index tipping below 500, as investors digested earnings from tech darling Nvidia overnight and developments in Ukraine.
XPS Pensions confident after first-half growth
XPS Pensions Group reported a robust first-half performance on Thursday, with group revenue rising 23% year-on-year to £113. 4m.
Eagle Eye reports strong start to new financial year
Eagle Eye Solutions Group reported a strong start to the 2025 financial year on Thursday, driven by new contract wins, expanded client engagements, and a growing global demand for personalised loyalty solutions.
Restore confident in earnings forecast amid market challenges
Information management and lifecycle specialist Restore reported steady progress for the 10 months ended 31 October on Thursday, despite market challenges linked to public sector uncertainty and the Autumn Budget.
PayPoint shares slide despite first-half growth
Shares in PayPoint were sliding on Thursday morning, even after it reported a 20. 6% improvement in first-half underlying EBITDA to £37. 5m on the back of continued operational momentum across its divisions.
Intercede enters partnership with Dutch firm Infinigate NL
Cybersecurity software company Intercede Group announced a strategic partnership with Infinigate NL, a distributor of technology products, on Thursday.
Breedon Group upbeat on resilient trading performance
Breedon Group reported a resilient trading performance for the 10 months ended 31 October on Thursday, driven by robust pricing and operational excellence, despite a challenging construction market in Great Britain.
Investec profits rise through improved cost efficiency
Investec reported a 7. 6% rise in adjusted operating profit to £474. 7m for the six months ended 30 September on Thursday, driven by revenue growth of 5. 6% to £1. 1bn and improved cost efficiency.
Close Brothers reports stable Q1 amid motor finance uncertainty
Close Brothers reported a stable first-quarter performance in an update on Thursday, supported by growth in its banking division and disciplined cost management, despite headwinds from legal challenges in its motor finance business.
Mitie hails record contract wins as H1 profits rise
Mitie reported a jump in first-half profits and revenue on Thursday as it hailed record contract wins and renewals.
Frasers Group and Boohoo in fresh clash over Kamani
Frasers Group, the largest shareholder in Boohoo with a 28. 01% stake, intensified its call for the removal of Boohoo’s executive chairman Mahmud Kamani on Thursday.
London pre-open: Stocks seen up as investors mull Nvidia results
London stocks were set to rise at the open on Thursday as investors mulled third-quarter results released overnight by US tech giant Nvidia.
JD Sports flags profits at lower end of forecasts, Frasers and Boohoo clash over Kamani
London open The FTSE 100 is expected to open 39 points higher on Thursday, having closed down 0. 17% on Wednesday at 8,085. 07.