Amid continuing Brexit-inspired weakness in sterling, the FTSE 100 recovered some of its earlier losses to trade broadly flat by the end of trading on Friday. US stocks recovered from a slow start with the S&P 500 up 0.3% to 2,883.81 by around 4.30pm UK time. Takeaways firm Just Eat slumped 7.9% as it emerged overnight that Amazon had been the major investor in rival Deliveroo's latest funding round. Embattled travel operator Thomas Cook fell a further 40% as Citigroup issued a research note with a 0p price target. LARGE AND MID CAP RISERS AND FALLERS Sports retailer Sports Direct ticked up 0.6% as it announced plans to sell and lease back its Shirebrook warehouse facility. EasyJet gained 5.5% despite delivering a wider first-half loss, as it more-or-less stuck to its annual guidance amid a challenging time for travel companies. Software company Sage gained 0.9% as it booked a slight fall in first-half adjusted earnings, after rising sales were offset by weaker margins. Restaurant Group dipped 0.9% despite revenue jumping 57% in the year to date, owing to its recent acquisition of Wagamama, new site openings and a 2.8% improvement in like-for-like sales. Metro Bank jumped 24.3% after it raised £375m from a discounted placing of its shares, exceeding its £350m target and helping to cool concerns about the challenger bank's financial health. Investment firm IntegraFin dipped 0.9% despite declaring a maiden interim dividend as its first-half profits grew by nearly a fifth. Cairn Energy shed gained 0.9% on reiterating its annual production guidance. Publishing firm Future gained 19.5% as acquisitions helped it post a record set of first half numbers with revenue more than doubling to £108.7m. SMALL CAP RISERS AND FALLERS Recruitment and training company Staffline tumbled 60% as it warned on profits, blaming Brexit uncertainty and the delayed release of its annual results for hurting demand. Online marketing minnow for the gambling sector Veltyco dropped 26.4% after it warned of a first-half loss.
Sign up to our
Subscribe to the latest investing news by entering your email address below
You can opt out at any time.
For five days a week you will get
- The latest company news
- Insight into investment trends
- Round-up of director's buys and sells
- Articles from Shares magazine
Plus more useful investment content and occasional promotional offers.
UK 350 Risers and Fallers
Tweets not available.