6.56p+0.01 (+0.15%)17 May 2022, 16:35
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Fulcrum Utility Services LD Shares News & Articles

Market report: Kier crumbles on profit warning, KCOM climbs after receiving ‘superior’ offer

London’s FTSE 100 weakens a further 73 points to 7,089 on Monday as the exchange of trade threats between Washington and Beijing stirs fears of a recession and German chipmaker Infineon’s deal to buy US peer Cypress Semiconductors weighs on the technology sector. Construction and infrastructure firm Kier (KIE) crumbles 29.4% to 196.4p on a warning full year 2019 underlying operating profit ...

News in brief: Gemfields, Bellway, Nostra Terra, Cupid, Gamma Communications, Mill Residential, Evgen Pharma, Fulcrum Utility Services, APC Technology

Gemfields glow on ruby sale The latest sale of rubies from Gemfields' (GEM:AIM) Mozambique assets has smashed expectations with $689 per carat realised price, the highest ever achieved at any of the miner's auctions. As we predicted (see Shares, Commodities, 4 Dec), the company beat its previous auction with a 29% increase in revenue to $43.3 million. (DC) Bellway date A trading update ...
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