Stock markets in Asia were mainly in the red at the close on Wednesday, although embattled property development giant China Evergrande rocketed in Hong Kong after it said it was selling a $1. 5bn investment.
Trading in Peel Hunt’s shares got underway on Wednesday following the investment bank’s debut on AIM.
Shares in Amigo surged on Wednesday as the troubled subprime lender confirmed it had submitted a revised Scheme of Arrangement aimed at settling thousands of outstanding complaints.
UK households are feeling more downbeat about their finances, a survey showed on Wednesday, as a post-lockdown surge in confidence faded and living costs surged.
China’s Evergrande is to sell part of its stake in Shengjing Bank for $1. 5bn, as the embattled firm looks to raise cash and paydown creditors.
Wall Street trading began on a positive note on Wednesday following the S&P 500's worst session in four months.
Financial markets' focus on Thursday will shift back towards Asia, where China's National Bureau of Statistics will publish the results of a closely-followed survey of manufacturing sector conditions in the country.
European shares put in a modest bounce on Wednesday, with both stocks and bonds finding a bid following the steep losses seen in the previous session.
Tritax Big Box REIT said on Wednesday that it plans to raise around £300m in a placing, subscription and retail offer to accelerate its development plan.
Gambling software developer Playtech has agreed to sell its financial trading division, Finalto, to Gopher Investments for $250m in cash.
London stocks finished in the green on Wednesday, underpinned by strong performances from the likes of Next and AstraZeneca.
Euro area residents' confidence in the economy edged higher unexpectedly last month, the results of a closely-followed batch of surveys revealed.
Analysts at Canaccord Genuity raised their target price on mineral sands company Base Resources from 35. 0p to 50. 0p on Wednesday, citing its exposure to a suite of "underappreciated (but highly attractive) commodities" and a "strong" near-term dividend yield.
Ethiopia and Saudi Arabia-focussed gold and copper exploration and development company KEFI announced on Wednesday that, during preparations for the expected October launch of the development phase of its Tulu Kapi gold project, security concerns had arisen.
Centamin revealed on Wednesday that non-executive director Mark Bankes had acquired 40,000 ordinary shares in the FTSE 250-listed gold miner.
Royal Mail shares tumbled on Wednesday as UBS downgraded them to ‘sell’ from ‘buy’ and cut the price target to 440p from 590p.
Frasers Group shareholders have approved a new scheme that could see incoming chief executive Michael Murray make a £100m bonus.
London’s FTSE 250 was up 0. 2% at 23,182. 41in afternoon trade on Wednesday.
Natural resource development company Red Rock updated the market in relation to its investment in the ASX-listed Jupiter Mines on Wednesday, reporting that over recent weeks, it had disposed of a “substantial part” of its remaining holding in Jupiter through market sales at an average price of 30. 4 Australian cents per Jupiter share, for proceeds of AUD 2. 33m (£1. 24m).
London’s FTSE 100 was up 0. 5% at 7,064. 59 in afternoon trade on Wednesday.
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