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08 Jun
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US close: Stocks make gains as investors pin hopes on Fed

Wall Street’s primary stock indices concluded the trading day in positive territory on Thursday, with market participants appearing to push aside uncertainties over potential interest rate hikes, as the Federal Reserve's key decision approached next week.

08 Jun
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Europe close: Stocks end mixed after soft euro area GDP figures

European shares finished on a mixed note as the latest economic data showed that the eurozone dipped into a technical recession, even as investors kept a watchful eye on rate moves after surprise increases from Australia earlier in the week.

08 Jun
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London close: Ex-dividends, interest rate concerns drag on stocks

Thursday trading on London’s stock markets ended in the red, as a newly declared recession in the eurozone and escalating concerns over interest rates cast a pall over investors’ sentiment.

08 Jun
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Citi upgrades Rio Tinto to 'buy'

Citi upgraded Rio Tinto on Thursday to ‘buy’ from ‘neutral’ as it took a look at the metals and mining sector.

08 Jun
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US open: Stocks edge higher, Fed meeting coming into focus

Stocks in the US were heading slightly higher in early trading, even as investors looked ahead to the next rate announcement by the Federal Reserve scheduled for the following week.

08 Jun
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Initial US jobless claims jump by 28,000 during latest week

Tightness in the US labour market eased during the preceding week, as filings for jobless claims rose to the highest since October 2021.

08 Jun
FTSE 250 movers: FirstGroup surges; Crest Nicholson down on rate warning

Shares in house builder Crest Nicholson slumped on Thursday as the company warned that more interest rate rises would hit the property market, after it posted a slump in half-year profits.

08 Jun
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Crest Nicholson shares slump after warning on interest rates

Shares in house builder Crest Nicholson slumped as the company warned that more interest rate rises would hit the property market, after it posted a slump in half-year profits.

08 Jun
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Broker tips; NatWest, Lloyds, Rio Tinto

JP Morgan sees better risk reward in NatWest Group relative to Lloyds Banking Group, it said in a note published on Thursday on UK banks.

08 Jun
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UK govt rejects Royal Mail move to axe Saturday deliveries

The government has blocked Royal Mail’s plans to axe Saturday letter deliveries, it was revealed on Thursday, which could see the price of stamps increase even further.

08 Jun
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CAB Payments considering London listing

CAB Payments said on Thursday that it is considering listing on the London stock market.

08 Jun
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CRH shareholders back New York listing

CRH shareholders have overwhelming backed plans by the building materials group to move its listing to New York, it was confirmed on Thursday.

08 Jun
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FTSE 100 movers: Miners in the red; HL heads higher

London’s FTSE 100 was down 0. 2% at 7,607. 98 in afternoon trade on Thursday.

08 Jun
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Director dealings: Hikma non-exec invests, LSE Group share buyback rolls on

Hikma Pharmaceuticals was among those on the list of director buys on Thursday, after a non-executive director added almost £27k worth of shares to his holding.

08 Jun
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Quadrise inks joint development deal with BTG Bioliquids

Quadrise announced a joint development agreement with BTG Bioliquids - a renewable biofuels specialist – on Thursday.

08 Jun
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LXi REIT sells St Albans retail park for £31m

LXi REIT said on Thursday that it has sold a retail park in St Albans to a UK institution for £31m, equating to a net initial yield of 4. 7%.

08 Jun
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First Property agrees seven-year lease at Bucharest office building

First Property Group announced the signing of a new seven-year lease for a significant portion of its office building in Bucharest, Romania on Thursday.

08 Jun
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Camellia reports mixed results across its operations

Agriculture and investment company Camellia updated the market on its trading on Thursday, reporting mixed results, although it was still early in the season for many of its major businesses.

08 Jun
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Churchill China performing in line as chairman steps down

Performance ceramics specialist Churchill China said in an update on Thursday that its recent trading had been in line with expectations, particularly in export markets.

08 Jun
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JP Morgan backs NatWest over Lloyds

JP Morgan sees better risk reward in NatWest Group relative to Lloyds Banking Group, in a note published on Thursday on UK banks.

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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.