Stocks in London closed in the green on Wednesday, as cooling US inflation data reduced the likelihood of aggressive rate hikes by the Federal Reserve next month. ‘We don't often get pleasant surprises surrounding the US inflation data so July's numbers are something to be cherished,’ said ING. The FTSE 100 index closed up 18.96 points, or 0.3%, at 7,507.11. The FTSE 250 ended up 385.60 ...

European market participants spent Wednesday morning positioning for the US consumer price index reading due before the New York open, but that left major stock indices essentially unchanged. In London, corporate earnings were the focus ahead of the inflation report. UK insurers Admiral and Aviva led the FTSE 100 as the pair delivered shareholder payouts despite battling elevated claims ...

- Shares gain over 60% in less than a month - Revenues on track to top $1 billion this year - Dividend bumped more than 150% Shares in promotional gift seller 4Imprint (FOUR) leapt 17% to a new all-time high of £39.15 after the firm posted what it admitted was a ‘remarkable’ half-year earnings update. Less than a month ago the stock was trading below £24 but on 19 July the firm ...

- Adjusted EBITDA losses surge 261% as it piles money into groceries - ‘Worst IPO in London’s history’, stock down nearly 75% in a year - Rider strikes on cards as workforce unionises Meals and groceries drop-off platform Deliveroo (ROO) continues to struggle to make its business model work. The faster it grows, the larger its losses, not a good combination for the shares ...

- Shares jump on consensus beating first-half results - Management intend to make additional capital distribution at full-year results - General insurance performance ahead of expectations Shares in insurance company Aviva (AV) jumped over 7.5% to 446p following the announcement of better than expected first-half results. The market has been particularly encouraged that the group ...

- Holiday operator flags ‘encouraging’ booking momentum - Incurs extra €75 million of flight disruption costs in Q3 - ‘Broadly’ break-even in the quarter Shares in TUI (TUI) slipped 1.6% to 141p after the travel operator revealed an extra €75 million of flight disruption costs amid airports chaos which kept it in the red in the third quarter to June 2022. However, the FTSE ...

Market focus in London early Wednesday was on individual stocks, especially insurers, as earnings season continues, with broader direction on hold ahead of a US inflation report due just after midday. The FTSE 100 was down 12.78 points, or 0.2%, at 7,475.43 early Wednesday. The FTSE 250 index was down 28.62 points, or 0.1%, at 19,883.78. The AIM All-Share index was down 3.47 points, or 0.4%, at ...

The FTSE 100 was lifted by higher oil prices on Tuesday, but nerves ran high elsewhere ahead of the key US inflation print on Wednesday. The FTSE 100 index closed up 5.78 points, or 0.1%, at 7,488.15. The FTSE 250 ended down 206.04 points, or 1.0%, at 19,912.40, and the AIM All-Share closed down 5.16 points, or 0.6%, at 914.75. The Cboe UK 100 ended flat at 747.80 and the Cboe UK 250 closed ...

Share prices were mostly lower on Tuesday ahead of the New York open, as continued military tensions in the waters around Taiwan and a key US data point looming on Wednesday was keeping risk appetite in check. The FTSE 100 was up just 0.10 point at 7,482.47 midday Tuesday. The FTSE 250 index was down 109.10 points, or 0.5%, at 20,009.34. The AIM All-Share index was down 2.37 points, 0.3%, at ...

Banking group NatWest (NWG) has announced a share consolidation and further details of its special dividend payment, nudging shares in the lender 0.3% higher to 254.9p. SHARE CONSOLIDATION A share consolidation is a corporate action conducted by a company with the intention of reducing the number of its shares trading on the stock exchange. It does so by reducing the number of shares held ...