FTSE 250 firm PageGroup (PAGE) sent the European staffing sector lower across the board after warning soft trading in the second quarter meant full-year profits would be below expectations. PageGroup shares fell as much as 60p, or 15%, to a 12-month low of 360p before recovering to trade down around 6% at 396p. Industry peers failed to escape the negative read across, with Hays (HAS) falling 4%...

Stocks in London opened mixed on Tuesday ahead of the testimony by US Federal Reserve Chair Jerome Powell, while BP and Shell fell as BP expects a $2 billion impairment charge. The FTSE 100 index opened up 18.23 points, 0.2%, at 8,211.72. The FTSE 250 was down 16.05 points, 0.1%, at 20,782.27, and the AIM All-Share was down just 0.20 of a point at 774.96. The Cboe UK 100 was up 0.2% at 818.02,...

Stocks in Europe failed to hold early gains on Monday, closing lower, as investors assessed the implications of an expected political gridlock in France. The FTSE 100 index ended down 10.44 points, 0.1%, at 8,193.49. The FTSE 250 rose 11.67 points, 0.1%, at 20,798.32, and the AIM All-Share edged up 0.77 of a point, 0.1%, to 775.16. The Cboe UK 100 ended up 0.1% at 816.60, the Cboe UK 250 closed...

Shares in Ocado (OCDO) were up nearly 6% to 346p as the online grocery retailer said it planned to build a third CFC (customer fulfilment centre) in Kuki-Miyashiro prefecture in Japan. The new CFC will go live in 2027 and will be developed with hypermarket group AEON (8267:TYO). SIGN OF CONFIDENCE Ocado entered an exclusive partnership with AEON in 2019 to develop the online operations of the...

Stocks in Europe were in positive territory early Monday afternoon, as investors weighed up political developments in the UK, France and the US. The UK is entering its first full week with a Labour government, after winning Thursday's general election. Across the channel, France is contending with uncertainty and the prospect of a hung parliament. The FTSE 100 index was up 14.85 points, 0.2%, a...

It was drinks all round for Marston's (MARS) after the pub and hotel group announced the sale of its remaining 40% stake in the Carlsberg Marston's Brewing joint venture back to Danish brewer Carlsberg (CARL-B:CPH) for £206 million in cash. The shares jumped as much as 18% to 37p, close to the highs for the year, while Carlsberg's shares traded 3% higher as the brewer also sweetened its offer...

Another one bites the dust. Soft drinks maker Britvic (BVIC) will become the latest company to leave the London stock market after agreeing to Carlsberg's (CARL-B:CPH) improved £3.3 billion takeover offer. Shares in the Robinsons, Fruit Shoot and J2O maker fizzed up 5% to £12.70 after the FTSE 250 firm said it had unanimously recommended Carlsberg's sweetened £13.15 per share bid. Britvic re...

Analysts at Bank of America have called Dell Technologies (DELL:NYSE) one of the firm's top investment ideas after adding the stock to their US 1 List. In a note to clients, Bank of America raised its target price for Dell shares to $180 from $130, citing a positive outlook for the company heading into 2025. The analysts flagged factors such as AI (artificial intelligence) server demand, storag...

Stock prices in London were mildly up after no block in France secured a majority, with the left-wing New Popular Front beating the far right. Amongst individual stocks, Britvic got a boost, after it backed a £3.3 billion takeover offer from Carlsberg. The FTSE 100 index opened up just 1.20 points at 8,205.13. The FTSE 250 was up 36.32 points, 0.2%, at 20,822.97, and the AIM All-Share was up 0...

THIS IS AN ADVERTISING FEATURE James Thom, Investment Manager, abrdn New India Investment Trust plc An unexpected election result saw Modi's BJP lose its majority. The result has created volatility but is unlikely to derail the economic growth trajectory in India. India still has a significant pathway of growth. Indian stock markets have regained some equilibrium after the shock of the Gen...

Blue chips faded into the close on Friday but the FTSE 250 held its glow as UK financial markets reacted to the election of a Labour government. The FTSE 100 index closed down 37.33 points, or 0.5%, at 8,203.93. The FTSE 250 ended up 176.31 points, or 0.9%, at 20,786.65, while the AIM All-Share closed up 4.97 points, or 0.7%, at 774.39. For the week, the FTSE 100 added 0.5%, the FTSE 250 climbe...

Stock prices in London were in the green at midday Friday, as Labour won their first general election since 2005, with party leader Keir Starmer set to become prime minister shortly. There are just two seats to go, with Labour so far scoring a landslide of 412 seats. The FTSE 100 index was up 6.08 points, 0.1%, at 8,247.34. The FTSE 250 was up 224.64 points, 1.1%, at 20,834.98, and the AIM All-...

US stocks continued to power to new highs in a shortened 4th July Independence Day holiday, led by a strong performance from Nasdaq-listed names. The Nasdaq Composite rallied almost 2% while the benchmark S&P 500 scaled new highs of 5,537, taking the index's year-to-date gain close to 17%, or around 800 points, where it began 2024. A speech by Fed chair Jerome Powell at a central bank monetary...