MARKET REPORT
08:09
Petra Diamonds warns over full-year results
Petra Diamonds Pink Diamond

Petra Diamonds warned on Wednesday that its full-year results are likely to be below market expectations, with revenue around 8% to 9% below consensus on the back of lower production.

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08:06
Genel Energy appoints Esa Ikaheimonen as CFO
handshake

Oil producer Genel Energy has appointed oil and gas industry veteran Esa Ikaheimonen as its chief financial officer with effect from 3 July.

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08:01
Syncona firm Nightstar raises another $45m
Astrazeneca

Healthcare investment company Syncona announced on Wednesday that its portfolio company NightstaRx had completed a $45m Series C funding round, in which Syncona committed $12. 5m.

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07:58
Wednesday newspaper round-up: Brexit, Yellen, Ocado
cbmay213

Splits emerged at the top of government yesterday as the Brexit secretary accused the chancellor of inconsistency and Boris Johnson faced mockery. The prime minister appeared to be struggling to contain divisions within her top team after David Davis and Philip Hammond set out alternative timetables for Brexit, with different customs arrangements in place once the two-year talks had concluded. - The Times.

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07:54
Stagecoach earnings fall despite rise in revenue
Stagecoach bus, transport

Passenger transport operator Stagecoach released its preliminary results for the year to 29 April on Wednesday, claiming adjusted earnings per share of 24. 4p - down from 27. 7p year-on-year, but in line with the board’s expectations.

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07:47
House prices rebound in June - Nationwide
London houses

House prices in the UK rebounded in June, according to the latest survey from mortgage lender Nationwide.

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07:40
Dixons Carphone claims 'strong' profit performance in preliminary numbers
Dixons Carphone, electrical retail

Electronics retail group Dixons Carphone released its preliminary results for the 12 months to 29 April on Wednesday, reporting group like-for-like revenue as growing 4%, with statutory revenue up 9%.

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07:34
London pre-open: Stocks seen lower after downbeat US session
London Stock Exchange AIM LSE shares

London stocks were set for a weaker open on Wednesday following a downbeat session in the US, as investors digest comments from a number of Fed officials in the previous session.

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27 Jun
US close: Weak consumer sentiment weighs on markets
New York Stock Exchange, NYSE, markets, Wall Street. Photo: Herval

Weaker-than-expected readings on consumer confidence weighed on Wall Street throughout Tuesday’s session.

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27 Jun
Directors dealings: Card Factory chief tops up stake
Card Factory, retailing, gifts

Card Factory's Karen Hubbard picked up some more shares in the company she leads.

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27 Jun
US open: Weak data weighs on shares, banks outperform
Wall street america US USA signs

Weaker than expected readings on consumer confidence weighed on Wall Street early in the session even as investors eyed a speech by Federal Reserve chair Janet Yellen later in the day.

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27 Jun
Europe close: Jump in single currency after Draghi speaks takes it toll
0cb796

A more confident tone from European Central Bank chief Mario Draghi and a profit warning from a German auto parts maker combined to send stocks lower across the Continent.

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27 Jun
FX round-up: GBP ahead on BoE buffer call and SNP's stance on indyref#2
currencies euro dollar pound money cash sterling

Sterling enjoyed a minor rise on Tuesday on the back of Bank of England requiring lenders to beef up their cash buffer in case of bad debts.

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27 Jun
London close: Hike in banks' capital buffers hits shares
bank of england

A stronger sterling weighed on the FTSE on Tuesday, as it emerged the Bank of England will force banks to further bolster their capital buffers to deal with bad debts .

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27 Jun
Ukraine struck by massive cyber attack, banks and government hit
accord-entre-le-parlement-europeen-et-les-etats-membres-sur-la-cybersecurite

A massive cyber attack has targeted much of Ukraine’s state infrastructure as IT systems in the country’s national bank and its largest airport shut down.

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27 Jun
Commodities: Crude futures rise on hopes of API data showing draw in US stores
barrel

Crude-oil futures are riding higher Tuesday as the market looks to industry data out later to show a draw in US stockpiles.

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27 Jun
Hardide receives Nadcap accreditation for its coatings
edgar test 10

Advanced surface coating technology provider Hardide announced on Tuesday that Hardide Coatings had gained Nadcap accreditation for coatings.

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27 Jun
RedstoneConnect to install cabling at new Spurs stadium
libra, esterlina, divisa, moneda, reino unido pound currency

Smart building and commercial spaces technology and services provider RedstoneConnect announced on Tuesday that it was awarded a contract to install an IT cabling infrastructure throughout Tottenham Hotspur's new 61,500 seat stadium.

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27 Jun
WPP hit by cyber attack
la-france-tente-de-rattraper-son-retard-en-cyberdefense

Advertising giant WPP said on Tuesday that some of its information technology systems have been hit by a global cyber attack.

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