- Barratt Devel. 586.80 0.00
- Fdm Group Hldg 984.00 0.00
- Imi 945.40 0.00
- Merlin 350.00 0.00
- Ryanair Hldg. 10.30 0.00
- Thomas Cook 10.30 0.00
- Tui Ag 775.00 0.00
FTSE falls as doubt re-emerges over trade war progress
Wednesday, 5th December 2018
Optimism over a potential breakthrough in the trade war proved short-lived after President Donald Trump took to twitter with confusion rife about what was agreed over the weekend.Miners were once again in the firing line with Glencore shedding 3.9% to 285.5p and Fresnillo falling 3.2% to 774.6p.
The FTSE 100 traded 1.4% lower at 6,921.
European indices were also in negative territory with Germany's DAX down 1.2% at 11,202.
US stock markets were closed to mourn the passing of former President George Herbert Walker Bush.
LARGE AND MID CAP RISERS AND FALLERS
Pharmaceuticals firm Shire gained 3% to £46.86 after shareholders at its Japanese suitor Takeda approved a £46bn takeover of the group. Shire shareholders are set to vote on the deal imminently.
Train and bus company Stagecoach Group gained 15% to 177p despite swinging to a first-half loss owing to a write down at its US business.
Underlying profit fell by less than expected and the company upgraded its full-year guidance, while announcing the US business was up for sale.
Oil services company Wood Group reversed 4.1% to 626.2p, despite announcing that it had won a $43m contract to construct 80 miles of steel pipeline in west Texas.
Logistics property investor Tritax Big Box REIT secured £400m of debt to fund potential acquisitions. Its shares advanced 0.7% to 134p.
SMALL CAP RISERS AND FALLERS
Shares in Mereo BioPharma rose 5.2% to 199.9p after proposing a combination with US-listed OncoMed Pharmaceuticals.
Broking and advisory group Numis Corporation was flat at 277p as it posted a 17% fall in full-year profit after higher investment spending, including on staff, offset rising revenue.
Fashion retailer Joules jumped 11.2% to 230.2p after it said in a trading update that it boosted revenue by 18% in the first half of its financial year.
Eastern Europe-focused alcoholic drinks company Stock Spirits gained 7.3% to 209.5p after it posted a 14% rise in annual profit, as it boosted sales in its key markets of Poland and the Czech Republic.
Embattled cafe chain Patisserie, whose shares are still suspended, delivered a rare piece of good news, announcing that it had poached the former finance director of veterinary company CVS Group as its interim chief financial officer.
Story provided by StockMarketWire.com
Stock Market Update
Monday, 20th May 2019
The FTSE 100 finished Monday down at 0.5% at 7,310.88, off its lows for the ...
Share News
Monday, 20th May 2019
HSBA HSBC Holdings PLC value of shares traded £235,496,872 VOD Vodafone Group PLC value of shares traded £225,483,017 BP. BP ...
Monday, 20th May 2019
VOD Vodafone Group PLC value of shares traded £134,604,429 HSBA HSBC Holdings PLC value of shares traded £92,983,212 RDSA Royal ...
Monday, 20th May 2019
Quadrise Fuels International said it had terminated an agreement with M/S Rafid Group for Trading ...
Monday, 20th May 2019
Bacanora Lithium said it had signed a non-binding agreement for China's Ganfeng Lithium to buy ...
SharePrice.com will do their best to ensure the quality of the information displayed on this site, but all information is provided as-is, free of charge. We cannot be held responsible for any loss, material or otherwise, due to incorrect information found here. UK data supplied by NBTrader and Digital Look. Share Prices are at least 15 minutes delayed.