Latest News
22 Dec
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Europe close: Markets subdued ahead of Christmas break as stocks edge higher

European stock markets finished flat on Friday after a quiet day with volumes likely affected by upcoming public holidays and a shortened trading session in the UK.

22 Dec
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Director dealings: Bluejay Mining's Roderick McIllree raises stake

Bluejay Mining revealed on Friday that non-executive director Roderick McIllree had acquired 10. 0m ordinary shares in the AIM-listed exploration and production company.

22 Dec
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Week ahead: Market volumes set to drop in quiet festive trading

With traders away from their desks for the Christmas festivities, financial markets will likely see reduced volumes in the shortened trading week, with very little in the way of economic data and corporate results to move stocks either way.

22 Dec
US consumer sentiment improves in December

US consumer sentiment improved more than initially estimated in December, according to a survey released on Friday.

22 Dec
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US new home sales unexpectedly slump in November

US new home sales unexpectedly slumped in November, according to figures released on Friday by the Commerce Department.

22 Dec
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UK retail sales rise by 1.3% in Nov as Black Friday deals boost volumes

UK retail sales volumes rose by 1. 3% in November compared with the prior month, boosted by heavily discounted Black Friday deals, according to official data published on Friday.

22 Dec
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US open: Stocks higher as investors cheer PCE reading

Wall Street stocks were in the green early on Friday as market participants cheered recent a surprise reading of the Federal Reserve's favourite inflation gauge.

22 Dec
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US annual PCE rate slows in November

Annual US personal consumption expenditure inflation slowed in November, hitting its lowest level since February 2021.

22 Dec
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US durable goods orders surge in November

Orders for newly manufactured durable goods registered their biggest monthly increase in more than three years in November, according to the Census Bureau.

22 Dec
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London close: Stocks flat after GDP data, retail sales

It was more 'meh' than 'ho ho ho' at the end of a shortened holiday session on Friday, after data showed the UK was teetering on the brink of recession, although retail sales figures were better than expected.

22 Dec
Weekly review

The FTSE 100 ended the week up 121. 15 points, or 1. 6%, closing at 7,697. 51 on Friday.

22 Dec
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Rail fares to rise by 4.9pc in March

Rail fare increases are set to rise by 4. 9% from early next year, after the Department for Transport announced another cap on ticket price rises.

22 Dec
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Unilever to buy haircare brand K18

Unilever said on Friday that it has agreed to buy premium biotech haircare brand K18 for an undisclosed sum.

22 Dec
Europe midday: Shares stall as UK GDP data, Nike sales cut hit sentiment

European shares were hovering near the flatline on the last trading day before Christmas, as Britain sailed towards recession and a cut in sales forecasts at Nike kicked sportswear manufacturers lower.

22 Dec
Europe open: Shares down on UK GDP data; Nike woes hit Adidas, Puma

European shares opened on the wrong foot at the start of the last trading day before Christmas, as Britain sailed towards recession and a cut in sales forecasts at Nike pulled sportswear manufacturers lower.

22 Dec
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US pre-open: Dow on track for eighth-straight winning week despite pre-market losses

Wall Street futures were in the red ahead of the bell on Friday as major indices struggled to extend their year-end rally.

22 Dec
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Bristol Myers Squibb to buy Karuna Therapeutics for $14bn

Biopharmaceuticals giant Bristol Myers Squibb has announced it is spending $14bn to purchase Karuna Therapeutics, which develops treatments for people living with psychiatric and neurological conditions.

22 Dec
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Gaming stocks tank as China restricts spending and time incentives

Shares in global gaming developers tumbled on Friday after the government unveiled new proposals to restrict incentives used by companies to encourage in-game spending and more frequent gameplay.

22 Dec
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Berenberg lifts target price for M&G but keeps 'hold'

Berenberg has hiked its target price for life insurance group M&G from 208p to 225p after updating its estimates for the IFRS 17 accounting adjustments.

22 Dec
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Ferro-Alloy Resources warns on profits amid decreased demand

Vanadium producer and developer Ferro-Alloy Resources warned on Friday that fourth-quarter revenues and profitability had come in lower than expected due to metal prices and production shortfalls.

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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.