Market Pulse
Director dealings: Urban and Civic director ups stake
Duncan Hunter, independent non-executive director of property developer Urban and Civic, acquired 100,000 ordinary shares in the London-listed firm on Thursday.
Europe close: Stocks bounce back on trade hopes
Stocks on the Continent staged a partial come back on Thursday from the previous day's losses thanks to talk in markets that officials in both Beijing and Washington might be open to restarting trade talks.
London close: Stocks shrug off England's World Cup hangover
London stocks coped admirably well with England's post-World Cup hangover on Thursday, recouping much of the heavy losses taken the previous session, with gains capped as the pound rose on the publication of the government's Brexit white paper.
Friday preview: China June trade data, Hays in the spotlight
The focus at the end of the week will shift back towards Asia, with the Chinese customs and trade administration set to release its latest set of statistics for foreign trade, covering the month of June this time.
Globalworth Real Estate buys Polish office building
Globalworth Real Estate, an office investor in Central and Eastern Europe, has announced the acquisition of Spektrum Tower in Warsaw for €101m, which will be funded from existing cash resources.
Minoan secures extension to debt facility with Hillside
AIM-listed Minoan Group has secured an extension to its debt facility with Hillside to allow time for the sale of its travel business to be completed.
US open: Stocks on the mend as investors turn their eyes to latest inflation data
US stocks began to bounce back from the previous session's losses on Thursday as investors eyed the latest reading on inflation.
RBC predicts consensus downgrade in Dunelm's future, reiterates 'top pick' rating on ASOS
After home furnishings retailer Dunelm turned in a softer-than-expected set of fourth-quarter results on Thursday, analysts at RBC Capital Markets decided to take a fresh look at their numbers on the firm.
Telit integrates deviceWISE with IBM's Watson AI platform
AIM-listed internet-of-things enabler Telit Communications' deviceWISE has been fully integrated with IBM's platform, enabling manufacturers and other industrial businesses access to solutions for IoT and artificial intelligence.
FTSE 100 movers: Sky rallies as bidding war hots up; ITV hit by downgrade
London’s FTSE 100 was up 0. 7% to 7,642. 57 in afternoon trade on Thursday, recovering from heavy losses in the previous session.
Portmeirion sales rise in first half
Homewares manufacturer and distributor Portmeirion updated the market on its trading for the first half of the current year on Thursday, reporting that group sales were up 11% for the six months ended 30 June, compared to the same period last year.
FTSE 250 movers: Computacenter climbs, SIG slides
London's mid-cap stocks trotted back higher on Thursday, led by Computacenter and Capita.
UK mortgage lending picks up, credit conditions seen improving
UK mortgage lending picked up in May, figures from the industry on Thursday showed, while the Bank of England reported slightly higher credit availability for residential mortgages in the second quarter.
US CPI rise in-line with expectations, economists see June as peak
Consumer price inflation in the US edged higher last month on the back of dearer cars and trucks and medical care services, although economists believed that for the moment price pressures might have peaked.
Gamma Communications pleased with first-half performance
Technology and communications services provider Gamma Communications updated the market on its trading for the six months ended 30 June on Thursday, reporting that it had continued to perform well through the first half.
Market buzz: Pound rises on Brexit white paper despite staunch opposition
1352: UK manufacturers’ trade body, the EEF, likes the look of the white paper, so does the Institute of Directors, mostly, calling for more clarity on VAT and a business dispute resolution mechanism to be proposed.
Battle for Sky hots up as Comcast lifts offer; government clears Fox takeover
The battle for Sky stepped up a notch after US media giant Comcast raised its bid for the London-listed broadcaster, while the UK government cleared a takeover by Fox.
DFS warns on profits, blames hot weather
DFS Furniture issued a profit warning on Thursday, blaming the recent hot weather for a drop in orders.
Bellzone raises £1m to complete Ferronickel study
Bellzone Mining has successfully raised £1m through the issue of 167m new ordinary shares at a price of 0. 6p per share, a discount of approximately 33% to the closing price of its shares on 11 July 2018.
Braveheart won't participate in £4m Paraytec fundraising
Fund management and strategic investor group Braveheart Investment Group noted on Thursday that Paraytec has engaged an adviser to raise £4m of equity fundraising, in order to fund the further development, regulatory approval and commercialisation of its urine test for the detection and monitoring of bladder cancer.