The FTSE 100 index added to early gains at midday on Wednesday, mirroring global stock markets which have regained some composure following January’s steep losses. US markets were buoyed by a stronger than expected earnings report from Google-owner Alphabet, with the shares gaining 10% in after hours trading. Investors will be hoping for the same from Facebook when it reports after the US ...

London’s FTSE 100 opened higher on Wednesday as investors continued to shrug off fears about rising inflation, although sentiment will be tested on Thursday when the Bank of England provides an update on interest rates. The blue chip benchmark was also lifted after Wall Street markets finished in positive territory last night, the continued rebound in US shares helping to lift investor ...

Following yesterday’s heavy selling, the FTSE 100 and FTSE 250 rally 51.5 and 102 points to 7,283 and 19,133 respectively on Friday as risk appetite receives a lift from US President Donald Trump’s prediction of a swift end to the trade war with China. However sterling remains volatile as rumours swirl of Theresa May’s imminent departure from Number 10. International baby goods retailer ...

On a quiet day for corporate news the FTSE 100 is flat early on, consolidating yesterday's significant gains, with investors’ thoughts likely to be dominated through the course of the day by the latest developments in Turkey and trade relations between the US and China. Cruise port operator Global Ports (GPH) gains 4.1% to 510p as it says it expects full-year results to come in at the upper ...

The FTSE 100 opens down 14.18 points to 7287.11 as North Korea and US tensions continue to weigh on investor sentiment. Roadside assistance giant AA (AA.) loses 2.1% to 164.2p with its results for the first six months to 31 July in line with expectations. Despite growing its operating profits by 35% to 178m, the company’s interim dividend remained flat at 3.6p on a year-on-year ...

Shares in Cameroon gas producer Victoria Oil & Gas (VOG:AIM) are in demand after a bullish update from its Logbaba natural gas field (17 Aug). The La-207 development well is expected to be a ‘substantial producer’ according to chief executive Ahmet Dik. Year-to-date the shares are up 68% to ...

Cameroon gas producer Victoria Oil & Gas (VOG:AIM) surges 9.7% to 43.1p as it secures a $26 million debt facility to fund increased production from its Logbaba field. The company, which we flagged at 32p earlier this year, is aiming to boost output by 30% from the current 15 million cubic feet per day to help meet strong local demand for gas. Logbaba supplies gas to the Cameroon port city ...

Cameroon gas producer Victoria Oil & Gas (VOG:AIM) is on an expansion drive. The company has taken a 75% stake (18 Feb) in an asset next to its existing Logbaba block. Matanda covers an area 60 times larger than Logbaba, with the North Matanda field reckoned to hold 1.8 trillion cubic feet of gas and 136 million barrels of condensate. Investors may have to be patient. The Logbaba field may ...

London shares are drifting and mixed in early deals as traders laboured over the dichotomy of choosing to back safe-haven assets such as gold and gilts, or risking equities volatility driven by a raft of global factors. Wall Street and Asia rose overnight, with Europe up mildly so far. British Gas-owner Centrica (CNA) rallies 3.6% to 201.1p as it books a resilient full year financial performance ...

A positive 2016 outlook (28 Jan) from Cameroon gas producer Victoria Oil & Gas (VOG:AIM) could help differentiate the company from a depressed exploration and production sector and support a re-rating of the stock. In common with most oil and gas companies the £29.8 million cap endured a torrid 2015 in share price terms. The shares are down more than 40% in value in the past 12 ...

London equities make fractional gains in early trade on Thursday with rising miners and oilies only just outstripping falls among utilities, financials and pharmas. European markets are modestly firmer overall, following drops on Wall Street and across Asia after the Fed Reserve held its benchmark interest rate overnight. The FTSE 100 index nudges just a point or two higher to 5,990, although mid ...

French Connection value call Many investors will have lost patience following the latest profit warning (24 Apr) from fashion retailer French Connection (FCCN). Yet the retailer might attract the interest of deep value seekers, boasting valuable brands and a robust balance sheet. Forecast January 2016 cash of £20 million covers almost half the £41.4 million market cap. (JC) White ...

London shares put in a strong showing in early trade on Monday as markets rebound, after a heavy sell-off the previous session, as sentiment recovers over the weekend following stimulus measures in China. The benchmark FTSE 100 is up around 60 points, or 0.9%, at 7,057 in early deals, with mining stocks leading the charge, including a 3.2% rise for Anglo American (AAL) to £10.43, heading the ...

Rambler Metals and Mining (RMM:AIM) 19.5p The sharp decline in the copper price year to date has forced Rambler to lay off staff and halt some capital expenditure. There’s also some ground stability issues which is affecting production. Expect short-term pain but potential long-term gain as it is fundamentally a decent business. Randall & Quilter Investment (RQIH:AIM) 131p Randall ...

UK stocks remain largely flat in a quiet post-Christmas return to work for traders on Monday with little corporate news around to stimulate the interest of investors. A final vote in the Greek parliament to choose a new president might supply modest direction later on Monday morning but for the time being the benchmark FTSE 100 index floats roughly around its 6,610.32 finish on Christmas Eve at ...

One way to screen for value investment opportunities is to look at companies whose share prices are trading considerably below lofty highs enjoyed before stock markets around the world crashed in 2008. Most bombed-out stocks will be trading on a low level for a reason but careful research can help you sift out a few golden nuggets. Our in-depth analysis has unearthed six interesting turnaround ...

Victoria to power up Commissioning of a new power station in Cameroon could see demand for gas from Victoria Oil & Gas’ (VOG:AIM) Logbaba project accelerate rapidly. Timing is uncertain but Northland Capital estimates it could add 10 million cubic feet per day (mmcfpd) against current output of 3.9 mmcfpd. (TS) Michelmersh’s output hike Investors looking to take stock of ...

Bicycles and outdoor toys distributor Tandem (TND:AIM) pedals up 43% to 111.5p after flagging a continuation of last year's second-half recovery, with first quarter sales 'well ahead' year-on-year. Calendar 2013 figures from the leisure goods minnow, which has clinched new toy licences for Star Wars and Angry Birds, reveal improved taxable profits of £823,000 (2012: £768,000) on sales off 2% at ...

A welcome inflow of new funds and good prospects for further gas sales from its core Logbaba project mean Victoria Oil & Gas (VOG:AIM) has recovery potential. The £54 million cap’s activities centre on the African country of Cameroon. The firm is emerging from a difficult couple of years which have seen it become embroiled in a battle with its partner RSM, suffer missed production ...

Following yesterday's big profit warning that saw its share price more than halve, sports media company Perform (PER) bounces back with a 14% rise to 205p.   Insurance giant RSA (RSA) dives 18.2% to 81.4p after yet another poor trading update implies that its dividend could be cut for the second time in a year. The chief executive officer also leaves with immediate effect, as we ...