European equities ended higher on Thursday, supported by strong corporate updates, while the pound struggled on soft UK economic data. US interest rate optimism continued to lift the mood after Wednesday's inflation reading, and one Federal Reserve official said rate cuts can come if the data continues to play ball. The FTSE 100 index shot up 90.77 points, 1.1%, at 8,391.90. The large-cap bench...

Stock prices in London, Paris and Frankfurt were higher at midday Thursday, as investors await US weekly jobless claims data. UK gross domestic product edged up 0.1% in November, underperforming against the FXStreet-cited market consensus of 0.2% growth. Prime Minister Keir Starmer told broadcasters during a visit to Ukraine that the government would be 'unrelenting' in its pursuit of economic...

Shares in Trustpilot (TRST) were up more than 16% to 320p in morning trading as the online reviews and analytics platform said it is expecting to report revenue of $211 million for full year 2024, a rise of 18% compared to $176 million last year. Adjusted EBITDA (earnings before interest, taxation, depreciation, and amortisation) is expected to beat analysts' consensus estimates of $22.2 millio...

Premium pubs and rooms operator Young & Co (YNGA:AIM) said it traded 'exceptionally well' over the Christmas and New Year period with like-for-like sales for the five weeks to 13 January up 11.6%. Total managed sales ticked up 30.4% reflecting a contribution from City Pubs, which was acquired in March 2024. Investors were seemingly in good spirits, bidding the shares up 4% to 860p in early trad...

Homewares retailer Dunelm (DNLM) said it delivered 'solid' sales growth in the first half to 28 December 2024, with sofas, dining chairs and coffee tables selling particularly well and digital sales penetration buoyed by strong Click and Collect sales. However, shares in the cushions-to-curtains seller softened 4% to 987p on the revelation sales growth slowed in the second quarter in 'challengi...

Stock prices in London, Paris and Frankfurt were up on Thursday morning, with the FTSE 100 up comfortably despite UK economic growth undershooting expectations. Gross domestic product edged up 0.1% in November, driven by growth in services, after a fall of 0.1% in October. This undershot the FXStreet-cited market consensus of 0.2% growth. Separately, the Office for National Statistics said the...

Stock prices in London surged on Wednesday, with a sharp jump for the FTSE 250 allowing the UK-focused index to eat into some of its hefty loss so far in 2025. A favourable UK inflation reading calmed some bond markets and swung the pendulum in favour of a Bank of England rate cut at the central bank's next meeting. In addition, earnings from US banks were well-received, adding to the positive...

Stock prices in London were in the green at midday Wednesday, as investors cheered lower-than-expected consumer price index inflation, ahead of US consumer price index inflation data. The consumer price index in the UK rose 2.5% in December from a year before, slowing from a 2.6% annual increase in November. The FXStreet-cited market consensus had expected inflation to pick up to 2.7%. 'A surpr...

The relief following today's scheduled trading update from Vistry (VTY), the UK's largest housebuilder in volume terms, was palpable as the group confirmed its full-year 2024 profit forecast and talked up the 2025 outlook for its partnership business. The shares rallied as much as 50p or just shy of 10% to 565p, lifting its larger FTSE 100 peers Barratt Redrow (BTRW), Persimmon (PSN) - which re...

Shares in Mitchells & Butlers (MAB) were up over 4% to 238.50p in morning trading as the All Bar One owner said the business traded 'very strongly' across the festive season with like-for-like growth of 10.4% over the core three-week period. Across the first quarter, Mitchells like-for-like sales remained well ahead of the market growing by 3.9% despite the 'very cold and stormy weather' over t...

Global animal genetics company Genus (GNS) said first half performance has been stronger than expected and the board now expects group adjusted pre-tax profit to be at least £35 million. The shares were catapulted almost 20% higher to £16.96 which suggests investor sentiment had become too negative, with the shares registering a new 52-week low this week ahead of today's (15 January) trading...

Currys' (CURY) shares sparked up 10.5% to 91p after the electricals retailer delivered yet another full-year profit guidance upgrade following a strong festive period, with the TVs-to-laptops purveyor delivering like-for-like sales growth in both the UK and Nordics. Benefiting from a technology replacement cycle that is driving consumer demand for new AI-enabled computers, Currys also delighted...

Chip firm Intel (INTC:NASDAQ) is to spin-off its venture capital arm Intel Capital as the company grapples to re-establish its place at the top of the semiconductor table. This is a strategic move aimed at reducing costs and streamlining operations, a response to intense competition and a challenging market landscape. The spin-off is expected to be completed in the second half of 2025, with Int...