Global markets saw lacklustre trading on Black Friday, as sterling jumped higher compared to the dollar. The FTSE 100 index closed up 4.62 points, 0.1%, at 7,488.20. The FTSE 250 ended down 22.73 points, 0.1%, at 18,458.10, and the AIM All-Share closed down 1.18 points, or 0.2%, at 716.90. Over the past week they are down 0.2%, 0.6% and 0.4%, respectively. The Cboe UK 100 ended up slightly at...

Michael Rosehill, non-executive director of premium cinema group Everyman (EMAN:AIM) has bought 300,000 shares for 57p for the total value of £171,000 and 500,000 shares at 56p for a total value of £280,000 on 22 November. Rosehill has also bought a further 100,000 shares at 56p for a total value of £56,000 on 22 November. The move comes as no surprise as Rosehill has been buying Everyman...

Stock prices in London were down midday on Black Friday despite UK consumer confidence slightly improving albeit still being in negative territory, after a quiet Thanksgiving holiday. The FTSE 100 index was down 13.35 points, 0.2%, at 7,470.23. The FTSE 250 was down 8.92 points at 18,471.91, and the AIM All-Share was down 0.36 of a point, 0.1%, at 717.72. The Cboe UK 100 was down 0.3% at 745.5...

Now a specialist global franchise business, having shuttered its remaining UK stores before the Covid pandemic struck, cost-cutting helped Mothercare (MTC:AIM) deliver a 17% increase in adjusted pre-tax profit for the half to 23 September 2023. Unfortunately, shares in the mother and baby products brand cheapened 2% to 4.7p, close to their all-time low, as investors fretted over a 14% drop in...

Video games developer Team17 (TM17:AIM) might need some assistance from one of the characters featured in its firefighter simulation title after revealing a profit warning on Friday. Shares in the games publisher sank 40% to 185p on heavy volume, which means they are 57% below where they started the year and almost 80% below August 2021 highs. [advanced_chart instrument=TM17] The fall in the s...

In a week foreshortened by the Thanksgiving holiday, US markets, for the most part, consolidated their recent gains. Investors on Wall Street seem increasingly hopeful rates have peaked and this has set the scene for a possible Santa Rally through the remainder of the year. The test will be if the Federal Reserve tries to pour cold water on this idea - perhaps when it next meets in mid-Decembe...

Stocks headed lower in London on Friday morning, following quiet post-Thanksgiving trade, as the key Black Friday retail period gets underway. The FTSE 100 index opened down 28.39 points, 0.4%, at 7,455.19. The FTSE 250 was down 27.60 points, 0.2%, at 18,453.23, and the AIM All-Share was down 1.45 points, 0.2%, at 716.63. The Cboe UK 100 was down 0.4% at 744.41, the Cboe UK 250 was down 0.1% a...

Stock prices in Europe closed mostly in the green on Thursday, as oil prices recovered during quiet Thanksgiving trade and after the release of European Central Bank minutes. The FTSE 100 index closed up 14.07 points, 0.2%, at 7,483.58. The FTSE 250 ended up 0.66 of a point at 18,480.83, and the AIM All-Share closed up 1.18 points, or 0.2%, at 718.08. The Cboe UK 100 ended up 0.3% at 747.41 an...

Shares in Motorpoint (MOTR) skidded 6% to an all-time low of 73p after the used car retailer lurched into loss for the half to 30 September 2023 as high inflation, rising interest rates and consumer uncertainty continued to affect demand for second hand cars. Yet house broker Shore Capital sees 'emerging light at the end of the tunnel' for the Derby-headquartered company, which has taken decis...

The FTSE 100 in London was lower at midday on Thursday, in spite of a boost from oil stocks, as markets went silent across the pond in the US for Thanksgiving. The FTSE 100 index was down 10.71 points, 0.1%, at 7,458.80. The FTSE 250 was down 105.80 points, 0.6%, at 18,374.37, and the AIM All-Share was down 0.55 of a point, 0.1%, at 716.35. The Cboe UK 100 was down 0.1% at 744.43, the Cboe UK...

Microsoft (MSFT:NASDAQ) has emerged as the real winner from the Sam Altman chaos. To quickly recap, Sam Altman is the chief brain behind OpenAI, the San Francisco-based artificial intelligence start-up that developed ChatGPT and the generative AI technology that has driven the US stock markets to record highs this year. Last weekend (18/19 Nov), it emerged that Altman had been fired as OpenAI'...

Shares in Jet2 (JET2:AIM) were down more than 3% to £10.95 in morning trading despite the UK package holidays business reporting a 47% rise in pre-tax profits of £660.5 million for the first half of the year ending 30 September. Flight only net ticket yield per passenger sector was 18% higher at £124.09 compared to the same year ago period. Seat capacity increased 7% compared to last summer...