Passengers up 8% year-on-yearPre-tax profit of easyJet holidays circa £31 million£40 million direct impact from Middle East conflictShares in EasyJet (EZJ) gained over 3% in morning trading to 535p after the low-cost airline said winter losses for full year 2024 had been reduced by more than £50 million as summer demand continued.EasyJet now expects a headline pre-tax loss of between £340 and

Investors in London were not deterred by continuing concerns of higher for longer US interest rates, as stocks were up heading into the afternoon.The FTSE 100 index was 14.38 points higher, 0.2%, at 7,862.37. The FTSE 250 was up 63.75 points, 0.3%, at 19,403.89. The AIM All-Share was up 0.59 of a point, 0.1%, at 743.71.The Cboe UK 100 was a touch higher at 785.28, the Cboe UK 250 was up 0.1% at 16

Stocks in London started the week on the front foot, picking up strength as Monday?s trading session wore on, to post healthy gains by the close.Gold hit a new high before fading, airlines and miners were in demand, while Entain prospered on bid speculation.The FTSE 100 index closed up 32.31 points, 0.4%, at 7,943.47. The FTSE 250 ended up 128.64 points, 0.7%, at 19,854.58, and the AIM All-Share c

Whenever there is a discussion about ?quality? UK industrial stocks, the name Spectris (SXS) is often thrown into the ring although we suspect many investors, while being familiar with the company in a general sense, have little idea what it actually does.Looking on Stockopedia, the company has a 99th percentile quality ranking, which backs up its reputation, but it is classified as a large-cap te

For anyone who owns a FTSE 100, FTSE 250 or FTSE All-Share tracker fund or ETF, there are one or two changes next week as a result of the latest quarterly index review.Investors in these securities don?t need to do anything themselves as the underlying indices ? compiled by FTSE Russell, part of London Stock Exchange Group (LSEG) ? will automatically implement the changes from the start of trading

Stock prices in London closed up on Wednesday as private sector expansion proved stronger than expected, and amid a host of strong PMI data from around the world.The FTSE 100 index closed up 41.94 points, 0.6%, at 7,527.67. The FTSE 250 ended up 179.06 points, 0.9%, at 19,171.68 and the AIM All-Share closed up 5.93 points, 0.8%, at 744.85.The Cboe UK 100 ended up 0.5% at 752.68, the Cboe UK 250 cl

Equities in London were on the up heading into Wednesday afternoon, with a better UK economic data and measures out of China lifting the mood.The pound climbed on an improved UK purchasing managers? index reading, while miners cheered a move by China?s central bank which it hopes will spark some life into the Asian economy.Over in Frankfurt, SAP was one of the stories of the day. The software firm

£40 million hit from Middle East conflictCustomer growth up 48% in Q1Pre-tax loss narrows to £126 millionShares in EasyJet (EZJ) climbed over 5% to 534p after the low-cost airline said its first quarter performance had improved year-on-year ?with booking trends giving a positive outlook for the remainder of the financial year?.Highlights for the quarter ended 31 December 2023 included the perfor

Blue-chip equities in Europe were lower early Tuesday afternoon, with comments from central bankers, who have so far fallen short of declaring victory against inflation, hurting the mood.?Markets are going through a one step forward, one step back motion at present, struggling to sustain a proper breakout despite investors increasingly taking the view that central banks are done with raising inter

EasyJet holidays profits grew 221%Shares up 25% year-to-dateDividend 4.5p per share payable in early 2024Shares in EasyJet (EZJ) were up over 2% in morning trading to 413p as the budget airline said it had achieved ?record? pre-tax profit for the full year ending 30 September 2023.The budget airline reported a full year 2023 headline pre-tax profit of £455 million ? a £633 million year-on-year i

Stocks in London opened lower on Tuesday as Rolls-Royce outperformed, but there was a lack of strong positive catalysts to boost share prices overall.The Cboe UK 100 was down 0.6% at 740.58, the Cboe UK 250 was down 0.4% at 15,927.04, and the Cboe Small Companies was slightly lower at 13,425.19.In European equities on Tuesday, the CAC 40 in Paris was down 0.4%, while the DAX 40 in Frankfurt was do

Shares down 4% to 420pPlans to resume dividends, payable early 2024New Airbus aircraft orderShares in EasyJet (EZJ) fell 4.5% after guiding for full-year profit below market expectations.The company expects £440 million to £460 million headline pre-tax profit whereas the analyst consensus forecast before the trading update was £469 million. EasyJet announced new growth targets, a deal to

Value-focused trust delivered 3.4% NAV total returnMarks & Spencer among best-performersCar maker Stellantis is a new purchaseValue-oriented investment trust Temple Bar (TMPL) outperformed the FTSE All-Share index in the half ended 30 June 2023 as strong share price performances from the likes of Marks & Spencer (MKS), EasyJet (EZJ) and Standard Chartered (STAN) more than offset disappointing show

Ryanair first quarter revenue up 40% to €2.60 billionBritish Airways owner International Consolidated Airlines (IAG) swings to profitLondon's Stansted airport reports a 13% increase in passenger numbersShares in airlines and holiday companies including EasyJet (EZJ), Jet2 (JET2:AIM), TUI (TUI) and International Consolidated Airlines (IAG) took a battering as wildfires ripped through popular h

Ninety One team buys towards lows of the yearSegro chairman buys more stock after updateInvestors in London and Cape Town asset management firm Ninety One (N91) might want to take a leaf out of management's book given the top team's talent for buying on weakness.Marathon Trust, a vehicle associated with Ninety One chief executive Hendrik Du Toit, finance director Kim McFarland and several other di

To say online travel agent On The Beach (OTB) has had a bad year is an understatement.The first summer holiday season not besmirched by either Covid or major delays has been marred by escalating marketing spend which has helped keep the company loss-making - £6 million in the red for the six-month period to 31 March 2023.The company has faced strong competitive pressures in the value short-haul m

It can be frustrating to watch share prices trade sideways for months. Nervous investors might question that something is going wrong with the investment case.However, that isn't necessarily the case and there could be several reasons which explain lacklustre share prices. This article examines why it happens and highlights some factors which may give clues to what lies ahead.WHY DO SOME SHARES DO

Shares in airlines and holiday companies including EasyJet (EZJ), Jet2 (JET2:AIM), TUI (TUI) and International Consolidated Airlines (IAG) suffered losses on 24 July as wildfires took hold in the popular Greek holiday destinations of Corfu and Rhodes and a 'extreme fire risk' warning was made for Crete.Danni Hewson, head of financial analysis at AJ Bell, said: 'Falling share prices for the likes o

Shares fall 11% to six-month lowVolatile markets cause exits to stallShares down over 45% since listingThe market's reaction to the interim trading update from FTSE 250 investment firm Bridgepoint (BPT) suggests investors aren't at all convinced private equity is where they should be putting their money.Despite a 'strong' first half, during which the firm navigated significant macroeconomic volati

19,000 people forced to leave their homes in RhodesEasyJet shares down over 3% in early tradingAirlines begin rescue mission from Greek islandsAirline stocks fell across the board in morning trading amid a flurry of flight cancellations and the start of a widespread rescue operation of holidaymakers from the Greek wildfires in Corfu and Rhodes.EasyJet (EZJ) and Jet2(JET2) both lost 3% or so at 459