London?s FTSE 100 edged lower after the opening bell on Wednesday, as investors moved with trepidation as eyes turn to a US inflation reading due later in the week.The FTSE 100 index opened down 13.02 points, 0.2%, at 7,917.94. The FTSE 250 was down 23.35 points, 0.1%, at 19,754.29, and the AIM All-Share was up 0.27 of a point at 739.79.The Cboe UK 100 was down 0.2% at 791.57, the Cboe UK 250...

David is a 41-year-old IT consultant who first got interested in investing in 2004 after buying shares in his employer when it floated on the Indian stock market.He then started investing in the UK and US markets for his ISA and SIPP (self-invested person pension). The ISA is used to house stocks while the SIPP is comprised of funds and investment trusts.David still owns shares in the Indian...

- Second disappointment in as many months- Full year earnings forecast cut by 18%- Shares fall by a third as investors boltKettle safety controls group Strix (KETL:AIM) served up its second profit warning in two months in an unscheduled trading update on Wednesday, sending the shares crashing by a third to 83.5p which leaves them down 72% for the year.The company said ongoing lockdowns in...

The UK can make fair claim to global leadership in industries as diverse as financial services, medical research, artificial intelligence, the arts and electronics. Strix (KETL:AIM) slips neatly into the latter category, and even if the name is new to you, its technology is probably not.Isle of Man-based Strix has become the world leader in the design, manufacture and supply of kettle safety...

THIS IS AN ADVERTISING PROMOTIONStrix (KETL:AIM) is an Isle of Man based global company and a world leader in the design, manufacture, and supply of kettle safety controls in addition to other components and devices. It has been admitted to trading on the AIM Market of the London Stock Exchange, and has grown into a global business.A new 'Sustainable. Innovative. Dependable' Strategy was...

The biggest director deals by value over the last week were concentrated on the sell side and came amid strong recent trading updates.INCREASING SHARE LIQUIDITYDigital transformation group TPXimpact Holdings (TPX:AIM), formerly known as The Panoply Group, orchestrated a block sale of 8.2 million existing shares to institutions at a price of 230p on 20 October, representing 9.7% of the share...

The biggest director deals by value over the last week were concentrated on the sell side and came amid strong recent trading updates.INCREASING SHARE LIQUIDITYDigital transformation group TPXimpact Holdings (TPX:AIM), formerly known as The Panoply Group, orchestrated a block sale of 8.2 million existing shares to institutions at a price of 230p on 20 October, representing 9.7% of the share...

UK stocks inched higher after two days of strong gains in US markets. At 8.30am the FTSE 100 index was up 7 points to 7,005 points led by house builders and leisure stocks while consumer goods and utility companies were on the back foot.Oil prices retreated slightly after a strong bounce overnight with Brent crude futures dipping 0.2% to $72 per barrel while the gold price retreated to $1,800...

UK stocks traded sideways on Thursday as gains in mining and aerospace stocks were offset by weakness in utilities and consumer names. By 9am the FTSE 100 was down 3 points at 7,024, while the FTSE 250 mid-cap index was up 4 points at 22,644.Overnight, markets in America and Asia were largely unchanged as investors sat on the sidelines ahead of crucial trade talks between the US and China...

A rebound in oil prices after a container ship blocked the Suez Canal helped the FTSE 100 finish in positive territory on Wednesday following a jittery start.By the close, the blue chip benchmark was 0.2% higher at 6,712.89 with oil majors Royal Dutch Shell (RDSB) and BP (BP.) both catching a bid, gaining 1.4% to £13.87 and 2% to 301.6p respectively.BALLY'S BETS ON GAMESYSIn corporate news,...

Shares in kettle safety controls group Strix (KETL:AIM) steamed 5.2% higher on Wednesday to 273.5p as it said a strong second-half performance had continued into the current year.One year on from the first UK lockdown, Strix has proven the flexibility and resilience of its business, significantly outperforming management's base case at the time.For the 12 months to 31 December 2020 pre-tax...

On the day markets went into euphoria as US pharmaceutical giant Pfizer announced its Covid-19 vaccine was 90% effective, its chief executive had cashed in to sell 62% of his holding.Albert Bourla sold 132,508 shares at $41.94 each, according to filings with the US Securities and Exchange Commission, netting a total of around $5.6 million.Pfizer insisted the shares were sold under an automated...

The FTSE 100 closed 1.2% higher to 5,899 on Wednesday, regaining some of the heavy losses at the start of the week with investors seemingly relieved that the Government has chosen to implement the lightest lockdown restrictions possible.The export-sensitive index also gained some impetus from a weaker pound after the UK government unveiled long-lasting restrictions to tackle a second wave of...

The FTSE 100 surged 2% to 9,547 by early afternoon on Wednesday, regaining some of the heavy losses at the start of the week.The export-sensitive index gained some impetus from a weaker pound after the UK government unveiled long-lasting restrictions to tackle a second wave of coronavirus infections that threaten to derail a fragile recovery in economic activity.While helping investor...

Global leader in the design and manufacture of kettle safety controls Strix (KETL:AIM) reported half-year revenues to 30 June down 21% to £34.7 million and operating profits down 12.5% to £10.6 million.The company also announced it has entered into an agreement to acquire LAICA, an Italian water purification and small household appliance company for an initial €19.6 million. The shares...

The FTSE 100 traded 1% higher on Wednesday to 5,895 points, regaining some of the heavy losses at the start of the week. The export-sensitive index gained some impetus from a weaker pound after the UK government unveiled long-lasting restrictions to tackle a second wave of coronavirus infections that threaten to derail a fragile recovery in economic activity.The pound traded 0.3% weaker...

There remains 'significant concentration risk' across the Investment Association (IA) UK Equity Income Sector, says a leading fund manager.The latest analysis from Octopus Investments warns that the wave of dividend cuts in recent months demonstrates the need for 'genuine diversification' if investors are to avoid further instability to their income.The number of UK equity income funds...

Few firms will be left unscathed from the knock-on economic effects of global actions to contain coronavirus, with recession almost assured over the next few months. The burden will certainly be felt most in the consumer facing sectors of the economy, but not all businesses will be affected to the same extent.Two recurring themes that separate the following firms include a flexible operating...

Kettle safety controls manufacturer Strix (KETL:AIM) reported full-year revenue to 31 December 2019 of £95.4m, up 2% atconstant currencies, while adjusted operating profit increased by 10% to £32.1m, slightly above market expectations. The shares gained 11% to 133p.Chief executive Mark Bartlett commented, 'we have maintained our focus on manufacturing and production quality which has led to...

Shares in Isle of Man-based kettle safety controls company Strix (KETL:AIM) let off some steam, rising 8% to 185.6p after saying it sees no immediate concerns over its Chinese supply chains.ONE WEEK DELAYThe manufacturing operations are based in Guangzhou, northwest of Hong Kong and some 976 kilometers from Wuhan, the centre of the coronavirus outbreak which is under lock-down.There was a...