Shares News

Shares rebounded slightly from yesterday's sell-off with the FTSE 100 index gaining 14 points or 0.2% to 7,625 in early trade led by domestic sectors including house-builders and financial stocks. Shares in house-builder Berkeley Group (BKG) were 5% higher at £54.58 after it announced that it would return £1 billion of cash to shareholders over the next two years, an increase of £455 ...

THIS IS AN ADVERTISING FEATURE Ollie Beckett, fund manager for TR European Growth Trust, explains why he believes European smaller companies are performing well; Ollie believes this is due to renewed investor confidence as economic data points towards a stabilisation and a positive start to 2020. Ollie also discusses the latest portfolio activity and which stocks have performed exceptionally ...

Online trading firm IG Group (IGG) reported flat interim revenues of £249.9m for the period ended 30 November, against tough comparatives which included two months trading before stricter European rules came into effect. Operating profits fell 11% to £100m. The shares were unchanged at 685.6p. Chief executive Julie Felix said, ‘early indications are very encouraging with continued ...

Shares in EasyJet (EZJ) jumped 5% to £15.22 after the budget airline surprised the market by beating revenue expectations. Helped by the collapse of Thomas Cook, EasyJet has lifted its revenue per seat in the first half of the year was now expected to increase by ‘mid to high single digits’, which was an upgrade on its previous expectation of a rise of ‘low to mid-single digits’. In ...

A recent rally at electrical goods-to-mobile phones seller Dixons Carphone (DC.) continued on Tuesday, the shares sparking up 4.1% to 148.28p on news of a strong Christmas performance in terms of ‘sales, market share and customer satisfaction’. The absence of a further profit warning from the Currys PC World-to-Carphone Warehouse brands owner, whose challenged mobile business performed in ...

UK share prices opened firmly on the back foot in early trade on Tuesday as investors feared the possible spread of the corona virus, which broken out in China, could hit growth forecasts there and elsewhere. The worry is that this could turn out to be a new SARS-type virus, which affected millions of Chinese nationals and overseas travellers, sparking huge disruption to global trade. While ...

Advice-led wealth manager AFH Financial (AFHP:AIM) reported strong full-year growth in revenues of 47% to £74.3m and earnings per share up 45% to 32.8p for the period ended 31 October 2019. The shares added 3.7% to 399p and are up 42% over the last three-months. Chief executive Alan Hudson said, ‘trading remains strong and in line with the board's expectations and the current levels of ...

Online women’s fashion brand Sosandar (SOS:AIM) bucked the retail sector doom and gloom this Christmas, with an acceleration in sales through the festive quarter triggering top line upgrades. Full year revenue is on track to top current market expectations and management is confident of delivering further growth in future years, although the shares cheapened 0.25p to 28p on news this year’s ...

UK blue chip stocks got off to a slow start on Monday morning, taking its cue from Asian stock markets which were subdued as China’s central bank kept interest rates on hold. But reports that allies of a renegade general in Libya had blocked a key oil-export pipeline in the country gave a lift to oil prices. Oil stocks including BP (BP.) and Royal Dutch Shell (RDSB) initially rose on the ...

Low cost gym provider GYM Group (GYM) continued on its growth path in the year to 31 December 2019, notching up 10% more members and delivering 24% growth in revenues to £153m. However, after their sparkling run since late last year, the shares dipped 2% to 303p. Chief executive Richard Darwin commented, ‘ there remains a long runway of potential sites in the UK and with our small box ...