Latest News
18 Aug
dl china evergrande group property developer real estate hong kong logo
Europe close: China worries send shares lower

European markets closed firmly in the red on Friday as China's property sector woes, rising bond yields and worse-than-expected UK retail sales data all dampened the mood.

18 Aug
dl city of london view high overview gherkin st mary axe offices towers buildings skyscrapers square mile financial district trading finance unsplash
London close: Stocks end tough week in the red

London stocks faced significant losses by the close of trading on Friday, as concerns over a number of macroeconomic factors weighed heavily on sentiment.

18 Aug
Weekly review

The FTSE 100 ended the week down 261. 73 points, or 3. 48%, closing at 7,262. 43 on Friday.

18 Aug
dl rio tinto plc rio basic materials basic resources industrial metals and mining general mining ftse 100 premium logo 20230426 2227
Director dealings: Rio Tinto non-exec, Aterian director make purchases

Rio Tinto was on the list of director purchases on Friday, after it disclosed an investment made by an independent non-executive director.

18 Aug
dl southern energy corporation aim natural gas mississippi us usa united states of america logo
Southern Energy swings to net loss as energy prices retreat

Mississippi-focussed natural gas and light oil producer Southern Energy reported adjusted funds flow from operations of $0. 2m in its second quarter update on Friday.

18 Aug
nyse dl us wall street trader trading stocks shares ny n y  new york financial finance  2
US open: S&P 500 nears two-month low as risk appetite wanes

Stocks were mixed on Friday in New York as ongoing concerns about a growing debt crisis in China hit sentiment and dampened risk appetite.

18 Aug
trading pit dl finance deutsche bank1 trader stocks shares
FTSE 100 movers: China-sensitive stocks take a hit

Just eight stocks on the FTSE 100 were in positive territory on Friday afternoon, as concerns about an escalating financial crisis in China prevented investors from taking on any risk ahead of the weekend.

18 Aug
dl shopping high street footfall retail high st clothing retailer stores spending consumer interior pb
Wet July weather sees retail sales fall by worse-than-expected 1.2%

UK retail sales fell 1. 2% last month compared with June, as wet weather literally turned a key summer shopping month into a damp squib for businesses.

18 Aug
FTSE 250 movers: China, retail sales dampen the mood

London shares were sharply lower on Friday due to worries about China's troubled property sector, with Evergrande declaring bankruptcy in a US court to protect its assets ahead of a potential restructure. Sentiment was also hit by worse-than-expected UK retail sales figures. Things were so tough that only five FTSE 250 stocks registered gains.

18 Aug
Europe midday: Shares firmly red as China, rate outlooks weigh

European markets were firmly in the red on Friday as China's property sector woes, rising bond yields and worse-than-expected UK retail sales data all dampened the mood.

18 Aug
nyse dl us wall street trader trading stocks shares ny n y  new york financial finance  2
US pre-open: Markets to inch lower on fears over China, Treasury yields

Stocks on Wall Street were set to open lower on Friday, on the back of fears of an overflowing financial crisis in China and further monetary tightening in the US.

18 Aug
china dl evergrande real estate
Europe open: Shares fall on Evergrande, bond yields, UK retail sales

European markets opened lower on Friday as China's property sector woes, rising bond yields and worse-than-expected UK retail sales data all dampened the mood.

18 Aug
dl finance markets investing trading generic unsplash
London midday: Macro fears drag stocks to 10-month low

Macroeconomic concerns meant UK stocks were registering heavy losses on Friday morning, with the FTSE 100 dropping to its lowest level in over ten months.

18 Aug
Eurozone CPI falls again in July

Eurozone inflation slowed again in July, data from the European Union showed on Friday, raising hopes that the European Central Bank may slow its cycle of rate hikes.

18 Aug
dl china evergrande group property developer real estate hong kong logo
Asia report: Markets slip on Japan inflation, Evergrande US bankruptcy

Asia-Pacific markets faced turbulence on Friday, pressured by new economic indicators and corporate developments.

18 Aug
dl barclays plc barc financials banks banks banks ftse 100 premium 20230307 1912
UK banking stocks are undervalued, says Shore Capital

Shore Capital has reiterated its ‘buy’ ratings on six UK-listed banking stocks, saying the market is currently pricing in a “far worse outlook”.

18 Aug
dl agriterra aim agriculture company deca rural farming services operator logo
Agriterra inks trade finance deal with major shareholder

African agricultural specialist Agriterra announced a trade finance deal with Magister Investments on Friday, which holds a 50. 58% stake in the company.

18 Aug
dl loungers plc aim consumer discretionary travel and leisure restaurants and bars logo 20230425 0842
Loungers appoints hospitality veteran to head Cosy Club brand

Cafe, bar and restaurant operator Loungers announced the appointment of Lucy Knowles as the new managing director of its Cosy Club brand on Friday.

18 Aug
ep archivo   bitcoin 20230728131403
Bitcoin falls to nearly two-month lows and risks the $26,000 level

There have been a series of significant falls in Bitcoin. The cryptocurrency risks the $26,000 level on a day in which its price is at its lowest level in almost two months, specifically since June 20.

18 Aug
dl everyman media group plc eman consumer discretionary media media entertainment aim logo 20230818 0905
Barbenheimer double-feature lifts Everyman in July

Everyman Media Group said in an update on Friday that trading in the first-half was consistent with prior forecasts.

News Source: © 2024 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.