Harbour chairman sells big chunkEnergean directors buy up stockFiltronic CEO buys £24,986 sharesEIG Separate Investments (Cayman), an entity closely associated with R. Blair Thomas, chairman of FTSE 250 oil and gas company Harbour Energy (HBR), sold 6,653,009 million Harbour shares at 206p for a total value of £13,705,198.54 on 25 March.The disposal comes after the North Sea producer swung...

Stocks across the Atlantic surprised in the wake of the 6 October US jobs report as they registered their largest daily gains since late August, snapping a four-week losing streak.Bond yields, which had surged earlier in the day to their highest since 2007, backed off giving some respite to risk assets.Puzzlingly, the gains came after September's jobs report revealed the economy added 336,000...

Shares in oil and gas firm Energean (ENOG) continue to rise as it benefits from higher energy prices and first gas from its Karish field offshore Israel in October.The FTSE 250 constituent is up 68% year-to-date to £14.96 as it has successfully brought the flagship Karish asset on stream.Berenberg analyst James Carmichael says: 'This is a significant milestone for the company and should drive...

- Savvy stock-pickers are up this year- Mega-cap energy and value stocks top performers- Attractive valuations spur more M&A dealsWhile it hasn't been the best of years for investors, judging by the performance of the main stock market indices around the world, there have still been plenty of stocks that could have made you decent money.So far in 2022, the FTSE 350 index has fallen by 12%....

London's FTSE 100 finished Wednesday's trading session 0.36% lower at 7,248.89 points as investors fretted over interest rates and oil majors Royal Dutch Shell (RDSB) and BP (BP.) weighed on the blue chip benchmark, the shares off 1.75% to £16.29 and 2.9% to 334.85p respectively.The US Federal Reserve was set to announce its rates decision later on Wednesday, with the Bank of England...

London's FTSE 100 traded lower by midday on Wednesday, the blue chip benchmark marked down 0.4% to 7,246.42, as nervousness built ahead of two key central bank decisions.The US Federal Reserve was set to announce its rates decision later on Wednesday, with the Bank of England following on Thursday.Overnight, US equity markets were firmer with the Nasdaq Composite edging 0.34% higher at...

London's FTSE 100 remained flat at midday on Thursday at 7,145.94 points, with shares in mining titan BHP (BHP) down 6.3% at £20.91 as it traded without the rights to its dividend.The high-flying FTSE 250 was 0.25% lower at 24,189.71 points by lunch.CORPORATE NEWSEngineering firm Melrose Industries (MRO) gained 4% to 179p to top the risers on the FTSE 100 after it confirmed alongside first...

The FTSE 100 index opened Thursday's trading session on a slightly firmer note, trading up by 0.07% at 7154.8, but lacking any real momentum or direction.This partly reflected the mixed performance of American equity markets. The S&P 500 index ended the session marginally higher at 4524.09, with the NASDAQ Composite also closing 0.33% firmer at 15,309.38.The Dow Jones Industrial index ended...

There was a notable excess of selling by insiders in the latest weekly director dealings, both in terms of the number of trades and the overall size.The biggest insider trade of the last week was the sale of 700,000 shares of Israeli gas producer Energean (ENOG) at 800p by its chief financial officer, Panos Benos, netting him a cool £5.6 million.Having started the year well, Energean shares...

Oil and gas company Energean (ENOG) fell 3.2% to 767p on a delay to expectations of first gas from its flagship Karish project following fresh Covid-19 restrictions in Singapore.These restrictions will impact preparation of the floating production vessel which will be used on the field. In January Covid measures were blamed for first gas potentially shifting from the end of 2021 to the first...

UK stocks edged higher in early dealings on Monday, despite a drag from inflation-related fears, as local businesses continued to report a bounce back in trading activity following the easing of lockdowns.At 8.36 am, the benchmark FTSE 100 index was up 0.3% at 7,040.12 points, while the more domestically-focused FTSE 250 was 0.1% higher at 22,420.15.The FTSE 100 traded higher despite miners'...

Confirmation that FTSE 350 oil and gas firm Energean (ENOG) intends to pay a maiden dividend next year weren't enough to support the shares which fell 3.3% to 828.5p on a widened loss for 2020.For the year ended 31 December, pre-tax losses widened from $113.6 million a year earlier to $404.3 million as revenue fell 63% to $28 million.Working interest production averaged 3,600 barrels of oil...

UK stocks made modest gains in early trading on Monday, edging higher as investors continued to bet on a global economic recovery with vaccine rollouts gathering pace.By 8.32 am, London's FTSE 100 was up 0.06% at 7,023.92 points, consolidating its position above 7,000 as investors balanced reopening optimism with a need to take stock following recent gains, while the FTSE 250 crept 0.26%...

Some of the most interesting director deals of the past week have come from the world of commodities, where company bosses have used share price weakness to up their stakes.CENTAMIN DIRECTORS SHOW FAITHIt's been a bad week for FTSE 250 gold miner Centamin (CEY) with its shares losing around 25% of their value, falling from 200p to around the 150p mark today, since it reported an operational...

UK stocks erased their early gains to end lower on Wednesday as investors awaited an update from the US Federal Reserve due after the market close regarding the outlook for the US economy.At 4.35pm the benchmark FTSE 100 index was down 7 points at 6,078, led lower by supermarket groups Sainsbury (SBRY) and Tesco (TSCO) and engineers Melrose (MRO) and Roll-Royce (RR.).The FTSE 250 mid-cap index...

UK stocks tracked sideways in early trading on Wednesday as investors awaited an update from the Federal Reserve about the outlook for the US economy. At 8.39, the FTSE 100 was ever so slightly lower, off 0.15% at 6,096.30 points.E-commerce company The Hut (THG), the Manchester-based owner of the Lookfantastic website, surged 27% higher to 635p, having priced its IPO at 500p, as conditional...

Among the most significant director dealings of the last week, non-executive director Andrew Stone has sold out of his remaining stake in Gamma Communications (GAMA:AIM).After selling 35,000 shares last Friday for £435,000, Stone sold a further 108,551 shares of Gamma for £2.62 million in four separate trades this week, closing out his holding.Gamma features as a new Great Idea in this...

Israeli oil and gas firm Energean (ENOG) was the top riser in the FTSE 250, up 13.2% to 502p after it announced that it had agreed to acquire Edison E&P at a revised price of $284 million, down from the original sum of $740 million, after the latter's Norwegian assets were excluded from the takeover deal.Investors reacted positively to the reduction in outlay on the deal which is still...

UK stocks eked out relatively modest gains in early trading on Monday as investors weighed signs of economic recovery with a potential resurgence in coronavirus cases.At 0825, the benchmark FTSE 100 index was up 13.71 points, or 0.2%, at 6,173.01.Mining company Rio Tinto (RIO) shed 0.9% to £44.95, even as it reached an agreement with the government of Mongolia on a new source of domestic...

After several days of stocking up, director deals over the past week have seen a more even spread of buying and selling.One of the most interesting deals involves embattled cruise operator Carnival (CCL), whose board member Randall Weisenburger boosted his stake tenfold as he bought 1.3m of its New York-listed shares at $8 each, for a total of around $10.4m.It came as part of Carnival's $575m...