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08 Mar
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Sector movers: Oil and Gas shares top leaderboard again

Oil and Gas shares topped the leaderboard again on Tuesday as Washington and London announced bans on the importation of Russian oil.

08 Mar
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Wednesday preview: China CPI, Prudential in focus

Financial markets' attention will with no doubt continue to be fixated on the war in Ukraine.

08 Mar
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US close: Stocks extend losses as Biden bans importation of Russian oil

Major indices recorded more losses on Tuesday as market participants remained cautious following yesterday's selloff driven by elevated oil prices.

08 Mar
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US open: Major indices lower as oil prices continue to rise

Major indices registered losses at the opening bell on Tuesday as market participants remained cautious following yesterday's selloff driven by elevated oil prices.

08 Mar
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Biden may be set to announce a ban on imports of Russian oil

There was growing speculation that the Biden administration would announce a ban on imports of Russian crude oil as soon as Tuesday.

08 Mar
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Europe close: Stocks flat as investors try to discern conflict's course, duration

Stocks finished on a mixed note after the US and UK moved to ban imports of Russian oil and after Kyiv accused Russia of shelling one of the humanitarian corridors that had been established overnight.

08 Mar
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BoA anticipates months of uncertainty, but worse scenarios possible

Strategists at Bank of America forecast "months" of uncertainty, tough sanctions and high energy prices as a result of the Russian invasion of Ukraine.

08 Mar
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London close: Stocks slightly higher as US, UK announce Russian oil ban

London stocks closed marginally stronger on Tuesday, as oil prices began a fresh surge on the back of news the UK and US would blockade Russian energy imports.

08 Mar
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Director dealings: Darktrace director makes £5m sale, WPP CEO covers tax bill

Darktrace disclosed a massive director sale on Tuesday, as a member of its board netted more than £5m offloading shares in the company.

08 Mar
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Zinnwald pivoting project to focus on battery-grade lithium

Germany-focussed developer Zinnwald Lithium said on Tuesday that production of battery-grade lithium hydroxide (LiOH) from Zinnwaldite concentrate had been found “technically and economically viable” at its Zinnwald Lithium Project, following a pilot-scale test work programme.

08 Mar
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NWF to beat full-year forecast amid oil price surge

Fuel, food and feed supplier NWF Group reported “strong” trading in an update on Tuesday, flagging a better-than-expected full-year turnout as a result of tightening conditions in the fuel market.

08 Mar
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Synectics inks 'substantial' long-term deal with National Grid

Security and surveillance technology company Synectics announced the award of a “substantial” long-term contract on Tuesday, to provide security management software support for National Grid across its UK estate.

08 Mar
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FTSE 250 movers: Petropavlovsk shines; Greggs fails to impress

London’s FTSE 250 was up 0. 7% at 19,304. 27in afternoon trade on Tuesday.

08 Mar
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Prospex to move El Romeral to continuous operation

Europe-focussed energy investor Prospex Energy updated the market on the El Romeral power project near Carmona in southern Spain on Tuesday, reporting recent record profits as a result of surges in electricity prices.

08 Mar
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Broker tips: Essentra, Travis Perkins, ITV

Analysts at Berenberg initiated coverage on essential components and solutions provider Essentra at 'buy' on Tuesday, stating the firm was "more than the sum of its components".

08 Mar
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Revenues rise as Johnson Service Group returns to profit

Johnson Service Group reported total revenue of £271. 4m in its preliminary results on Tuesday, up from £229. 8m year-on-year, as a result of improving volumes, as it swung back to adjusted profit in the wake of the pandemic.

08 Mar
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FTSE 100 movers: Polymetal slumps; M&G rallies

London’s FTSE 100 was down 0. 1% at 6,950. 48 in afternoon trade on Tuesday.

08 Mar
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Harvest Minerals beating sales forecasts by over 1,000pc

Fertiliser producer Harvest Minerals updated the market on trading of its organic multi-nutrient product ‘KP Fértil’ on Tuesday, reporting much better order progress than expected in the year so far.

08 Mar
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Ixico wins £0.8m contract with existing US client

Medical analysis company Ixico has been selected by an existing United States biotechnology client, it announced on Tuesday, to provide PET and MRI neuroimaging services for an open-label phase 1 and 2 dose-finding study.

08 Mar
Destiny Pharma to raise up to £7m in discounted fundraising

Clinical stage biotechnology company Destiny Pharma said on Tuesday that it was looking to raise up to £7m in a conditional fundraising to continue progress towards Phase 3 in its two lead clinical assets.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.

The value of investments can fall and you may get back less than you invested.