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FTSE drops as coronavirus eclipses Sars, Intu and NMC Health jump on confirming reports

The FTSE 100 fell into the red on Monday morning as the coronavirus death toll eclipsed Sars, with investors concerned about the impact the virus will have on manufacturing in China and the surrounding region. The UK’s benchmark index opened 0.22% lower to 7,462.05, taking its lead from Asian stock markets which also dropped in morning trade. Japan’s Nikkei 225 fell 0.6%, the Hang Seng ...

Market report: Pendragon rallies in flat market, Audioboom eyes ambitious reverse takeover

UK markets take a pause for breath in early trade on Tuesday with little in the way of macroeconomic or corporate news to drive share prices one way or the other. This is illustrated by a barely moving FTSE 100 index, which nudges around 12 points higher in early deals to 7,189.51. That’s a far cry from the 84 point bounce seen for the blue-chip index in Monday’s trading session following ...

News in brief: Tangent Communications, Sainsbury, Gemfields, Palace Capital, NCI Vehicle Rescue, Audioboom

Tangent hit by profit dip Investors should not be put off by a 9% sell-off in the wake of Tangent Communications’ (TNG: AIM) first-quarter trading update (24 Jun). A profits decline at the restructured Snowball agency should not come as a great surprise and focus should remain on continued strong trading at www.printed.com, a provider of business cards, leaflets and other promotional ...
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