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Market report: UK stocks make modest gains despite De La Rue's survival warning and Compass drag

UK stock markets opened largely flat in early trade on Tuesday but there is plenty of corporate news to grab the attention of investors, not least banknote printer De La Rue (DLAR) crashing after warning that it may not survive. Shares in the company plunge more than 16% to 146.6pm the worst performer on the FTSE All-Shares, after telling investors that there is a ‘material uncertainty that ...

Market report: Glencore hit by falling metal prices, outflows dog Standard Life Aberdeen

A seeming dialling down in the aggressive rhetoric between the US and China and the latter’s move to stabilise its currency helped restore some calm to the markets with the FTSE 100 trading 0.3% higher at 7.192.96 in early trading. Miner and commodities trader Glencore (GLEN) slips 1.9% to 226.95 after announcing that its half-yearly earnings fell by nearly a third, amid lower copper and ...

Market report: Investors rally behind Ocado’s long-mooted international deal

On a fairly busy Tuesday for corporate news the UK’s major high street banks pass financial stress tests, Royal Dutch Shell (RDSB) has axed its austerity payout as its balance sheet strengthens and Pets at Home (PETS) losses its chief executive. But the biggest story of the day comes at supermarkets delivery company Ocado (OCDO), which has finally inked the long-awaited international tie-up ...
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