Mitie chair buys on the dip Raspberry Pi CEO and CFO sell Naked Wines director sells Chris Rogers, chair of facilities management group Mitie (MTO), bought 144,000 shares at 137p for a total value of £197,280 on 6 June. Rogers bought the shares on the dip after the company suspended its plan for a £125 million share buyback on 5 June, and demonstrates a vote of confidence in the group. On...

Stocks in London opened mostly higher on Wednesday as investors await several US data releases, with the Federal Reserve expected to announce no change to interest rates. Meanwhile in the UK, consumer prices rose 0.2% on a monthly basis in May, slowing from 1.2% in April and in line with FXStreet-cited consensus. Annually, consumer price inflation came in at 3.4% against 3.5% on-year growth...

Investors across Europe held back on Wednesday as markets awaited clarity from Washington on tariffs, with mixed moves in London reflecting caution despite a late bounce in mid-caps.The FTSE 100 index ended down 26.32 points, 0.3%, at 8,608.48. It had traded as low as 8,548.32.The FTSE 250 climbed 58.77 points, 0.3%, at 19,649.63, and the AIM All-Share declined 2.61 points, 0.4%, at 685.77.The...

Airtel Africa director buys £15 million sharesRaspberry Pi director sells 30,000 sharesBrooks MacDonald directors snap up stockA PCA (person closely associated) with Shravin Mittal, non-executive director at Airtel Africa (AAF) ? a subsidiary of Indian telecoms giant Bharti Airtel - bought 15 million shares in the communications company at 105p for a total value of £15.75 million on 2...

London's blue chip index was up milder than its peers in Paris and Frankfurt at Monday midday, as UK service sector growth for December was softer than anticipated.As well as Monday's composite and services PMI readings, the first full trading week of 2025 has various jobs data releases from the US culminating in Friday's nonfarm payrolls.More than half of UK companies plan to raise prices by...

Stocks in London were subdued on Monday morning, with only a few of the FTSE 100 opening in the green on the last full day of trading in 2024.The FTSE 100 index opened down 29.94 points, 0.4%, at 8,119.84. The FTSE 250 was down 54.73 points, 0.3%, at 20,433.92, and the AIM All-Share was up 0.90 of a point, 0.1%, at 716.09.The Cboe UK 100 was down 0.3% at 814.35, the Cboe UK 250 down 0.2% at...

After the initial buzz around its June 2024 IPO, Raspberry Pi (RPI) seemed to be getting a few raspberries from the market as the shares drifted from their early highs.However, over the last month the stock has advanced more than 40% to trade at record levels.Founded by chief executive Eben Upton in 2012 with the premise of making computing 'more accessible to young people', Raspberry Pi...

Better than expected first halfInventory levels continue to normaliseFull year expectations reiteratedIt is always better to under promise and over deliver and market newbie Raspberry Pi (RPI) seems to have pulled it off after reporting a better-than-expected maiden first half.The shares soared more than 8% to 377p, topping the FTSE 250 leaderboard, taking gains since coming to the market in...

Affordable computer outfit Raspberry Pi (RPI) made an excellent debut on the UK stock market back in June but excitement around the stock has fizzled out.While the shares are still up materially on their 280p issue price, they are some way below their 500p high. The company and its shareholders will hope it can revive enthusiasm for the story when it unveils its results for the six months to...

Stock prices in Europe opened in the red on Thursday morning in a data-heavy week for the US, as investors await US jobless figures.The FTSE 100 index opened down 7.81 points, or 0.1%, at 8,261.79. The FTSE 250 was down just 4.44 points at 20,804.17, and the AIM All-Share was down 1.03 points, or 0.1%, at 758.63.The Cboe UK 100 was down 0.1% at 826,40, the Cboe UK 250 was up marginally at...

Cambridge-based Raspberry Pi (RPI), the designer and maker of low-cost computing equipment, announced the release this week of Pico 2, a new single-board computer built on RP2350, its new secure microcontroller platform.The new microcontroller offers faster processors, more memory, better interfacing and new security features, and like its predecessor professional customers will be able to...

Shares up 2% in early tradingCompany recently debuted on London Stock ExchangeJP Morgan short position made on June 25Shares in Raspberry Pi (RPI) were up more than 2% this morning to 410p despite it emerging that the asset management arm of US investment bank JPMorgan (JPM:NYSE) has taken a short position in the affordable computer developer.Short sellers pay a fee to borrow shares from...

Stock up 14.3% in unconditional dealingsAffordable computer developer already profitableIPO will boost brand awarenessToday marked the first day of unconditional dealing on the stock market for Raspberry Pi (RPI), which meant investors could buy and sell shares in the affordable computer designer as they wished without restrictions.This trading freedom saw the stock enjoy another pop, jumping...

Stocks in London were marginally higher on Friday morning, as election campaigns in the UK and France continue, with Reform UK overtaking the Conservatives in the UK in a major opinion poll.The FTSE 100 index opened up 2.07 points at 8,165.74. The FTSE 250 was up 7.97 points at 20,203.92, and the AIM All-Share was up 0.63 of a point, 0.1%, at 781.06.The Cboe UK 100 was up marginally at 812.48,...

Affordable computer developer Raspberry Pi (RPI) made a stunning debut on the London Stock Exchange with its IPO (initial public offering) priced at 280p, the top end of the range, and the shares surging 30% higher to 360p in early dealings, valuing the company at nearly £700 million.UK tech stories are few and far between in London, so investors will be hoping Raspberry Pi's success can...

Pre-tax profits soared 90% last yearHeavyweight backers include Arm and Sony$21.2 billion market opportunityAffordable computer developer Raspberry Pi (RPI) made a stunning debut on the London Stock Exchange with its IPO (initial public offering) priced at 280p, the top end of the range, and the shares surging 30% higher to 360p in early dealings.UK tech stories are few and far between in...