Healthcare and corporate fitness services provider Totally (TLY:AIM) said it expects full year profit to 31 March 2022 to be ‘substantially ahead’ of market forecasts. Today’s announcement follows on from a brief trading update on 14 April 2022 when the company said performance was anticipated to be ‘ahead’ of market expectations. The shares gained 4% to 44p adding to recent ...

Defence technology outfit QinetiQ (QQ.) was marked up 5% to 284.6p as it reaffirmed full-year guidance following a robust performance in the third quarter. The news helps arrest a recent slide in the shares after being hit by supply chain issues and write-downs at the back end of 2021. QinetiQ said it continued to achieve 'excellent' order intake, with orders now at more than £900 ...

Major UK shares are under heavy selling pressure in early trading on Tuesday as traders dial down recent optimism, with shares of consumer firms and precious metals’ miners leading the decline, while improving employment conditions in the UK and rising US Treasury yields signalled growing bets of tighter monetary policies. At 9.20am, the benchmark FTSE 100 is down 0.8% at 7,549.57 after the ...

Constructed last December from shares in UK, European and US markets, Shares’ ‘Stock picks for 2021’ portfolio was based on high conviction in 12 companies for the year ahead. While more than half of them have subsequently done well, there were a handful of disappointments. The net effect is a decent 8.6% return excluding dividends – that’s higher the historical average 6% to ...

The blue chip benchmark finished 0.6% higher at 7,384.18 points on Thursday, a 20-month high, amid relief that Chinese property developer Evergrande has avoided defaulting on its debts. Disappointing UK GDP data, combined with last week’s surprise decision by the Bank of England to delay a rate rise, drove sterling lower and the international FTSE 100 higher, as a weak pound means ...

Shares in defence and cyber security company QinetiQ (QQ.) dropped 1.5% to 265.8p after first half profit was impacted by a £14.5 million writedown, in line with prior guidance of ‘less than’ £15 million. The writedown relates to a large complex project that has experienced technical issues and delays which the company flagged at the recent trading update. Today the company quantified ...

QinetiQ (QQ.) 290.8p Loss to date: 2.74% Original entry point: Buy at 23 December 2020 at 299p Defence and cyber security company QinetiQ (QQ.) surprised investors on 14 October when it flagged a supply chain issue relating to a large complex multi-year programme, sending the shares 13% lower. The company said it was making progress with the client towards a recovery of the ...

Surging commodity prices pushed the FTSE 100 to a two-month high at the close. The boom for metals and energy saw miners dominating the top of the FTSE 100 leader board, with three-month futures contracts for aluminium, copper, nickel, palladium and more rising sharply on Thursday and seeing the likes of Anglo American (AAL), Glencore (GLEN), Antofagasta (ANTO) and Rio Tinto (RIO) all catching ...

Surging commodity prices continued to drive UK stock higher in early afternoon trading, with miners dominating the top of the FTSE 100 leader board. Three-month futures contracts for aluminium, copper, nickel, palladium and more rose sharply on Thursday with Anglo American (AAL), Glencore (GLEN), Antofagasta (ANTO) and Rio Tinto (RIO) all catching the uplift. Elsewhere, Darktrace ...

Shares in defence and security company QinetiQ (QQ.) plummeted 9.5% to 297.8p after flagging supply chain disruption challenges which could result in a significant downgrade to short-term guidance. The issue relates to a large complex multi-year programme and the company said it is working closely with the customer and ‘making progress, jointly with our supply chain, towards recovery of ...

UK stocks opened higher on Thursday, led by mining companies as commodities prices, notably copper, continued to advance, with Anglo American (AAL), Glencore (GLEN), Antofagasta (ANTO) and Rio Tinto (RIO) all catching a bid early on. By 9 am, the FTSE 100 was trading 0.65% higher at 7,188.22 points, while the FTSE 250 was up 0.7% at 22,793.72. Brent Crude pushed ahead 0.8% to $83.85 per ...

After a volatile morning in which leading shares jumped before falling into the red, UK stocks ended Thursday significantly higher after data across the pond showed US jobless claims fell to a new pandemic low last week. Seasonally adjusted US jobless claims fell to 444,000 for the week to 15 May, the lowest level since March. Wall Street reacted positively to the news with the S&P 500 up ...

Leading UK shares endured a volatile morning on Thursday after an earlier rally following positive corporate earnings updates fizzled out, before stocks picked up steam again shortly after midday. After a bruising day yesterday linked to cryptocurrency volatility and inflation fears, with Bitcoin falling to $30,000 before recovering to $40,000, investors continue to be split between reopening ...

Defence and security company QinteiQ (QQ.) reported full-year revenues to 31 March 2021 up 19% to £1.28 billion and underlying operating profit up 14% to £151.8 million, slightly above expectations, pushing the shares up 1% to 329.6p. The company delivered a fifth successive year of growth with underlying organic revenues up 10% and acquisitions contributing sales of £117.2 ...

Industrial and financial stocks lifted the FTSE 100 in early trading after a wild day for markets on Wednesday, while positive earnings upgrades continue to filter through. Bitcoin’s crash down to $30,000 before recovering to almost $40,000 caught the eye of even the most dismissive investor as a sell-off in cryptocurrencies and high-growth stocks continue to leave investors split between ...

Shares in science and engineering company QinetiQ (QQ.) were the best performers in the FTSE 350, soaring 8.5% to 348p on Wednesday after the company said its full-year results would be above market expectations. QinetiQ last increased guidance at its interim results presentation in November when it said it expected to deliver low double-digit revenue growth for the full year. Today the ...

UK stocks inched up on Wednesday with the FTSE 100 index of leading stocks advancing 5 points to 6,895 as Wall Street hit new highs overnight. The S&P500 index gained 14 points or 0.3% to reach an all-time high of 4,141 points as investors look forward to the first quarter earnings season which should show a strong recovery compared with the same period last year. Sterling rallied ...

At the end of a tumultuous first quarter for global markets our top picks for 2021 have handily outperformed the market, chalking up a 9.5% gain versus 6.3% from UK shares in general, as measured by the FTSE All-Share. Four of the 12 stocks have underperformed, having been victims of shifting market sentiment as much as any individual failings at a        company-level. BUMPER ...

In the second part of our two-part feature we get another fascinating range of responses on what did and didn’t work out for top fund managers during a tumultuous 2020 and which stocks they are most excited about now. Interestingly computer games firm Codemasters (CDM:AIM) features as both a success story in the eyes of one manager and a disappointment in the eyes of another. Read on to ...

London’s FTSE 100 firmed 1.7% to 6,567.70 early on in the first trading session of the new year as the UK began vaccinating the population with the new Oxford University/AstraZeneca jab and a rise in oil prices lent the blue chip benchmark some support. AstraZeneca (AZN) advanced 1.7% to £74.45 as the drugs giant also completed the sale of commercial rights to its hypertension medications ...