Latest News
01 Aug
dl shanghai china city night asia finance markets yuan renminbi pixabay
Sector movers: Commodity names slip after weak Asian PMIs

Oil and Gas, as well as Industrial Metals names were under pressure at the start of the month following the release of weaker-than-expected readings on Chinese manufacturing during the month of July.

01 Aug
Europe close: Stocks mostly higher despite weak manufacturing PMIs

European stocks were mostly higher at the start of August, even as investors digested weak manufacturing data for the eurozone and China.

01 Aug
dl city of london st pauls cathedral millennium bridge commuting pedestrians river thames square mile financial district trading finance working unsplash
London close: Stocks turn weaker on fresh geopolitical tensions

London stocks turned negative by the end of trading on Monday, as geopolitical jitters around China and Taiwan spooked investors in late trading.

01 Aug
bp dl oil energy uk oil rig crude brentwti
Tuesday preview: Fed speak, BP in focus

Financial markets' focus on Tuesday is likely to be on speeches from the heads of the Federal Reserve banks of Chicago and St. Louis at 1500 BST and 2345 BST, respectively.

01 Aug
dl mj gleeson housebuilder regeneration low cost homes construction housing property land logo
Director dealings: Director-led firm buys £2.58m of MJ Gleeson shares

Low-cost housebuilder MJ Gleeson was at the top of the list of director deals on Monday, after a company run by one of its non-executive directors bought more than £2. 5m worth of shares.

01 Aug
HSBC, London HQ Canary Wharf, banking
HSBC raises profit target, pledges return to dividends

HSBC on Monday reported a fall in first-half profits but pledged to resume quarterly dividends next year as its annual outlook remained positive.

01 Aug
dl natwest national westminster bank shop sign
Broker tips: NatWest, Capital Limited

Analysts at Berenberg raised their target price on lender NatWest from 300. 0p to 350. 0p on Monday, stating the group's second-quarter results had provided "a valuable glance" at its "attractive" return prospects.

01 Aug
FTSE 100 movers: Pearson, HSBC lead the way in flat market

The FTSE 100 was flat at 7,422. 88 at 1530 BST.

01 Aug
federal reserve dl bonds us usa dollar fx
US manufacturing holds up better than expected in July, price pressures recede

Factory sector activity in the US held up better than expected last month, the results of a key survey revealed.

01 Aug
FTSE 250 movers: Quilter surges, but Ascential slumps

The FTSE 250 (MCX) was down 0. 64% at 20,036. 58 at 1500 BST.

01 Aug
dl exchange place wall st street pl new york city nyc ny nyse stock exchange dow jones sp nasdaq finance dollar dollars us usa united states of america
US open: Stocks mixed as Chinese data, Fed comments remain in focus

Wall Street stocks were mixed early on Monday as Chinese data and comments from the Fed's Neel Kashkari were in focus at the bell.

01 Aug
Quilter shares surge on NatWest takeover talk

Shares in Quilter jumped on Monday after reports that NatWest is in the early stages of studying a bid for the wealth management firm.

01 Aug
dl hsbc uk bank shop branch sign
BofA stays at 'buy' on HSBC after guidance for stronger than expected 2023 dividend

Analysts at Bank of America nudged their target price for shares of HSBC higher, from 751. 0p to 760. 0p, and reiterated their 'buy' recommendation after the lender guided towards a larger-than-expected dividend payout in 2023.

01 Aug
dl city of london view high overview gherkin st mary axe offices towers buildings skyscrapers square mile financial district trading finance unsplash
London midday: FTSE 100 starts August on the front foot

London shares were modestly higher shortly after midday with the buying seen across July having carried over into the start of the month.

01 Aug
dl sdi group aim imaging sensing technology products logo
SDI buys steriliser maker LTE Scientific for £4.2m

Digital imaging and sensing technology company SDI announced the acquisition of UK-based sterilisation and decontamination equipment manufacturer LTE Scientific for total consideration of £4. 2m on Monday, net of excess cash acquired.

01 Aug
dl trellus health aim logo healthcare clinical research methodology support digital technology system logo
Trellus Health appoints Steve Young as interim finance chief

Connected health technology developer Trellus Health announced the appointment of Stephen ‘Steve’ Young as its interim chief financial officer on Monday, with immediate effect.

01 Aug
dl seed innovations aim medical cannabis medicinal marijuana wellness health investor developer logo
Seed Innovations puts £0.17m into palm oil alternative developer

Medical cannabis, health and wellness investor Seed Innovations has invested £0. 17m in Clean Food Group, a UK-based cellular agriculture company focused on the commercialisation of palm oil by fermentation, it announced on Monday.

01 Aug
dl e-therapeutics aim drug discovery development pharmeceutical logo
Eight new patent applications filed by e-therapeutics

Computational drug discovery and development company e-therapeutics announced the filing of eight further patent applications in the United States on Monday, to protect innovation arising from its proprietary ‘GalNAc-siRNA’ technology.

01 Aug
dl belvoir group aim property franchise mortgage real estate agents logo
Belvoir trading in line with management expectations

Property and financial services franchise Belvoir Group said in an update on Monday that group revenue in its first half increased 11% year-on-year, despite 2021 being an “exceptionally strong” year for the property sector.

01 Aug
bitcoin dl 2
Bitcoin is performing well: "It's a bear-market rally"

Bitcoin leaves marginal drops at the beginning of the month, after closing July with a 17% advance and approaching the $25,000 resistance in the last few days. After recent highs above $24,500, experts praised the digital asset par excellence´s good performance, despite the pullback towards the $23,000 mark. Ethereum's performance is similar, with the token of the eponymous network around $1,700. The total capitalization of all cryptoassets is around $1. 1 trillion.

News Source: © 2022 Web Financial Group (UK) Limited. All rights reserved and terms of use apply.

Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news 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.

 

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.