Shares in Witan Investment Trust (WTAN) were marginally lower in morning trading at 263p as the investment trust reported a 11% increase in NAV slightly underperforming its composite global benchmark for the six months ending 30 June 2024. The trust attributed the NAV increase due to the strength of some of the company's portfolio which had exposure to some of the largest US technology companie...

Stock prices in London were lower at midday Tuesday, after data showed the UK unemployment rate fell unexpectedly, and ahead of a key inflationary print from the US in the afternoon. The FTSE 100 index was down 20.74 points, or 0.3%, at 8,189.67. The FTSE 250 was down 1.46 points at 20,675.73, and the AIM All-Share was down 0.68 points, or 0.1%, at 766.31. The Cboe UK 100 was down 0.3% at 817.3...

There are a many reasons why global electric vehicles markets are in a slump - still pricey compared to petrol engine versions, reduced, or axed government subsidies for buyers, renewed interest for hybrids, are some of them. The problem is, the motor industry is vast and supply chains complex, so companies like Dowlais (DWL), a key kit supplier to the industry, have limited levers to pull to s...

Danish jewellery giant Pandora (PNDORA:CPH) raised its full-year 2024 revenue guidance yet again after delivering a 15% rise in organic sales to DKK 6.77 billion for the second quarter. The group's 'Phoenix' growth strategy, which entails 'elevating brand desirability' and a step-up in marketing and investments in new store openings, is driving higher traffic into Pandora's outlets and growth i...

Retirement savings and solutions provider Just Group (JUST) delivered better-than-expected results for the first half and said it saw 2024 earnings 'substantially' above its previous target. The shares surged as much as 22p or 18% to 139p before settling up 13% at 133p, taking their year-to-date gains to more than 50% and marking a five-year high. Just Group is a Shares Tip Of The Year for 2024...

Stock prices in London opened in the green on Tuesday, as the UK unemployment rate fell against expectations while wage growth decelerated to its lowest level in two years. The FTSE 100 index opened up 33.29 points, or 0.4%, at 8,243.73. The FTSE 250 was up 17.80 points, or 0.1%, at 20,694.99, and the AIM All-Share was up 1.23 points, or 0.2%, at 768.22. The Cboe UK 100 was 0.3% at 822.50, the...

Stock prices in London closed higher on Monday, as the focus moves to certain key economic releases and sentiment remains positive. The FTSE 100 index closed up 42.15 points, 0.5%, at 8,210.25. The FTSE 250 closed up 52.01 points, 0.3%, at 20,677.19, and the AIM All-Share closed up 0.75 of a point, 0.1%, at 766.99. The Cboe UK 100 ended up 0.4% at 819.75, the Cboe UK 250 closed up 0.3% at 18,10...

Stocks in London were higher at midday Monday, as investors sighed relief from a weeks of ups and downs, ahead of unemployment data from the UK and key inflation data from the US. The FTSE 100 index was up 37.76 points, 0.5%, at 8,205.86. The FTSE 250 was up 55.52 points, 0.3%, at 20,680.70, and the AIM All-Share was up 1.82 points, 0.2%, at 768.06. The Cboe UK 100 was up 0.4% at 819.96, the Cb...

Building products firm Marshalls (MSLH) was initially the worst-performing stock on the FTSE 250 after it released a downbeat six-month trading update showing a slump in both revenue and profits. After trading down as much as 18p or 5% early on, however, the shares recovered to sit just 3.5p or 1% lower at 336p by mid-morning. SELF-HELP DOING THE TRICK The firm blamed weak end-markets and a par...

BT (BT.A) shares rose over 6% to 139p in morning trading as investors welcomed the news leading Indian business group Bharti Global has bought a 24.5% stake in the telecoms giant from Altice UK. Altice UK is part of French billionaire Patrick Drahi's telecommunications group Altice, which according to media reports has been struggling with approximately €60 billion worth of debts. The purchas...

Stocks in Europe opened in the green Monday morning, as investors look ahead to US inflation data later this week. The FTSE 100 index opened up 37.13 points, 0.5%, at 8,205.23. The FTSE 250 was up 62.88 points, 0.3%, at 20,688.06, and the AIM All-Share was up 2.53 points, 0.3%, at 768.77. The Cboe UK 100 was up 0.5% at 820.11, the Cboe UK 250 was up 0.5% at 18,135.94, and the Cboe Small Compani...

The FTSE 100 ended a stormy week in calmer fashion after data allayed fears of an impending economic slowdown. After the turmoil following last week's US nonfarm payrolls print, this week closed on a more muted note than it had started. Lower-than-expected US jobless claims on Thursday, and robust US services PMIs earlier in the week, helped to quell anxiety that the US economy had weakened mor...