European stocks closed lower on Wednesday gloomy China and eurozone survey data signalling a stalling in post-Covid pandemic recovery hit sentiment.
London stock markets ended lower on Wednesday, as investors cautiously responded to fresh services data from the UK and China, and looked to the latest Federal Reserve minutes.
Made Tech Group was on the list of director buys on Wednesday, after its chief executive officer purchased almost 900,000 shares.
UBS upgraded education publisher Pearson on Wednesday to ‘buy’ from neutral’ and lifted the price target to 970p from 930p.
Keller Group upped its full-year earnings outlook on Wednesday, on the back of strong first half trading and a “robust” order book.
US stocks fell in early trade on Wednesday as investors mulled disappointing Chinese data and eyed the release of the latest Federal Reserve minutes.
Simec Atlantis Energy announced the successful deployment of 'Turbine 2' at the MeyGen site on Wednesday, marking a significant milestone in the company's ongoing efforts to enhance performance and reliability in tidal energy generation.
London’s FTSE 100 was down 0. 9% at 7,455. 29 in afternoon trade on Wednesday.
Vehicle hire company Redde Northgate posted a strong rise in annual profit, driven by higher demand for vans.
Deepverge updated the market on progress made in relation to the potential sale of its business units on Wednesday, as well as the current state of its operations.
Molecular diagnostics company Genedrive announced the latest drawdown of £0. 3m under its £5m equity prepayment facility on Wednesday.
The Competition and Markets Authority (CMA) issued a fine to Leicester City FC on Wednesday, after finding that the football club and retailer JD Sports had engaged in an arrangement that restricted competition in the sales of Leicester City-branded clothing, including replica kits.
Wealth and asset management specialist Mattioli Woods reported a 3% increase in revenue year-on-year in a trading update on Wednesday, driven by a 4% organic revenue growth.
Fast-moving consumer products specialist Supreme reported a 19% rise in revenue in its final results on Wednesday, to £155. 6m.
The City regulator is investigating whether hedge fund manager Crispin Odey is a “fit and proper person” to work in financial services, it emerged on Wednesday.
Mineral & Financial Investments updated the market on the Lagoa Salgada Project in Portugal on Wednesday, after Ascendant Resources and Redcorp Empreedimentos Mineiros - the joint venture partners responsible for the project - announced the potential involvement of the UK Export Credit Agency (UKEF) in providing financial support.
London stocks were still in the red by midday on Wednesday as investors digested UK and China services data, and eyed the latest minutes from the Federal Reserve.
European shares were lower on Wednesday as surveys showed the Chinese and eurozone economic recoveries were both losing steam and investors eyed the released of minutes from the US Federal Reserve.
Eurozone manufacturing output fell in June, while services growth also weakened with total business activity going into contraction, according to final survey data released on Wednesday.
The recovery in the UK service sector lost momentum in June, a closely-watched survey showed on Wednesday, as rising interest rates weighed on demand.
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