Market Report
Market buzz: Has gold lost its allure as a safe-haven?
1630:Close Equities paid more attention on Tuesday to the ratcheting-up of tensions between Beijing and Washington as trading kicked-off with a sharp move lower on the Shanghai bourse.
Results round-up
AIM-listed value women’s fashion retailer Bonmarche posted a 38. 1% jump in full-year pre-tax profit on Tuesday even as revenue declined, as the online segment provided a boost in tough markets.
Europe close: Stocks skid lower as trade risks intensify
Stocks finished lower, but off their worst levels, as traders waited on the outcome of the rapidly-escalating trade threats between the US and China.
Broker tips: Moneysupermarket, RBS, Ashtead
Moneysupermarket was under the cosh on Tuesday as Barclays said a re-rating from here can only be justified if earnings per share growth returns to double-digit territory.
London close: Stocks stumble on trade worries, recover as Brexit hits pound
London stocks steadily pared losses over the course of Tuesday's session, helped as the pound fell on Brexit worries but escalating trade tensions between the US and China and a series of profit warnings kept investors on edge.
FTSE 100 movers: Burberry and Ashtead lead blue chip tumble
The FTSE 100 was in the red on Tuesday, with miners and Burberry leading the fallers.
Jefferies reiterates 'buy' rating on Ashtead, Peel Hunt ups price target
Analysts at Jefferies said equipment rental company Ashtead is continuing to play the long game, targeting growth and market share gains.
Urals Energy's shares storm despite weather disrupting Pacific project
Urals Energy saw its shares jump over 10% on Tuesday despite experiencing delays in the completion of its first well at the South Dagi programme.
Director dealings: Wives of Warpaint CEOs lower stakes
Sara Bazini and Laura Macleod, the wives of Samuel Bazini and Eoin Macleod, joint chief executive officers of colour cosmetics supplier Warpaint London, both disposed of 1. 25m ordinary shares in the AIM-listed firm on Tuesday.
US open: Heavy losses on the Street following heightened tensions with China
Wall Street trading kicked off on Tuesday with heavy losses across the board as relations between the US and China took another turn for the worse.
Mayan Energy outlines plan for Zink Ranch
Oil and gas company Mayan Energy updated the market on its proposed low-cost development programme at the 1,520 net acre Zink Ranch Field in Oklahoma on Tuesday, in which it has a 100% working interest and a 75% net revenue interest.
Slingsby board still cautious after improvement in trading
Industrial and commercial equipment distributor HC Slingsby updated the market on its trading for the five months ended 31 May on Tuesday, as its investors gathered for its annual general meeting.
Gateley pleased with Hamer performance as it pays earn-out consideration
Commercial law and complementary professional services group Gateley Holdings announced on Tuesday that, in accordance with the acquisition agreement of Gateley Hamer - formerly Hamer Associates - a total earn out consideration of £0. 47m had been paid.
Europa signs on Addison to perform initial scoping study at Toral
Lead-zinc explorer Europa Metals has engaged the services of UK based Addison Mining Services, it announced on Tuesday, to begin an initial scoping study on its 100%-owned Toral lead, zinc and silver project in the Spanish province of Leon.
Former Bush administration member Chellaraj to retire from RhythmOne directorship
Advertising engagement firm RhythmOne on Tuesday confirmed that non-executive director Raj Chellaraj will retire from his role at the annual general meeting held on 13 July.
Rockhopper assets in Egypt making decent progress
Oil and gas company Rockhopper Exploration updated the market on its Egypt portfolio’s operations and corporate affairs on Tuesday, reporting that at Abu Sennan, where it has a 22% working interest, year-to-date average daily production had been maintained at around 4,000 boepd gross, or 880 boepd net to Rockhopper.
Stress tests to unleash shareholder returns at RBS, Morgan Stanley says
Upcoming stress test results should trigger the release of a large amount of pent-up regulatory capital at RBS, analysts at Morgan Stanley said as they bumped-up their target price for the shares.
Moneysupermarket slumps as Barclays says valuation not justified
Moneysupermarket was under the cosh on Tuesday as Barclays said a re-rating from here can only be justified if earnings per share growth returns to double-digit territory.
FTSE 250 movers: Capita rallies, McCarthy & Stone tumbles on profit warning
London's FTSE 250 was down 0. 6% to 20,880. 08 in afternoon trade on Tuesday amid growing concerns about a trade war between the US and China.
Sector movers: Miners knocked, while tobacco and travel fly higher
Miners and industrial metals stocks were the main drag on the London Stock Market on Tuesday, while dollar-dominated group's benefitted from the weak pound.