Electricity and Real Estate Investment Trusts paced gains in the stock market during the next to last trading of the first quarter.
European shares extended gains on Thursday as traders apparently adopted a "no news is good news" approach to the latest round of banking misbehaviour and fashion chain H&M boosted sentiment with a surprise quarterly profit.
Online supermarket and technology company Ocado said on Thursday that it had "comprehensively won" a patent infringement suit brought by Norwegian warehouse robotics group AutoStore at the UK High Court.
Drax insisted on Thursday that it still plans to install carbon capture technology at its power plants even after the government rejected its plans to introduce the technology at a power plant in England.
Advertising agency M&C Saatchi said on Thursday that it has appointed Zillah Byng-Thorne, the outgoing boss of media group Future, as its new chair.
Berenberg upgraded Tritax Big Box to 'buy' from 'hold' and reiterated its 170. 0 target price on the stock on Thursday, citing valuation grounds.
Financial markets' focus at the end of the first quarter was to be on key inflation data on either side of the Atlantic.
London stock markets closed in positive territory on Thursday, as investors processed the latest data releases from the US.
Great Western Mining updated the market on its gold, silver, and copper exploration and development efforts in Nevada on Thursday, as it prepared for the start of drilling operations and the 2023 exploration programme in Mineral County.
Audioboom revealed on Thursday that chairman Michael Tobin had acquired 5,554 ordinary shares in the AIM-listed podcast maker.
Swedish headphones producer Zound Industries announced the acquisition of Marshall Amplification on Thursday, to create the Marshall Group.
London’s FTSE 100 was up 0. 7% at 7,616. 37 in afternoon trade on Thursday.
Trinidad and Tobago-focussed Trinity Exploration & Production announced a number of operational updates on Thursday, reporting that the ABM-151 well in the Brighton Marine block, offshore the west coast of Trinidad, was returned to production on 21 March.
South African iron, vanadium and titanium developer Ironveld reported a “transformative” first half on Thursday, marked by the acquisition and refurbishment of the smelter facility at Rustenburg, which started in August last year.
Online greeting cards and gift retailer Moonpig backed its full-year guidance on Thursday as it hailed a record Mother’s Day performance.
FTSE 250: 18,890. 26, +1. 38% at 1409 GMT.
Wall Street stocks were in the green early on Thursday as market participants digested fresh GDP and jobless claims data.
North Sea oil and gas producer Ithaca Energy on Thursday lowered annual production and capital expenditure guidance, citing the UK government’s windfall tax, operational delays and lower volumes despite almost trebling profits in 2022.
The US economy grew a touch less than previously estimated in the fourth quarter, according to data released on Thursday by the government.
Americans lined up for unemployment benefits at an accelerated pace in the seven days ended 25 March, according to the Labor Department.
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