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Persimmon Shares Rose 4.0% Despite Fewer Completions in 2023

The Persimmon plc (LON: PSN) share price rose 3.97% after releasing a trading update for the year ended 31 December 2023 ahead of its full-year results scheduled for 12 March 2024. The Group successfully navigated challenging

Persimmon Homes
Simon Mugo
Sainsbury’s Share Price Dropped 5.5% on Q3 Results, Forecasts

The J Sainsbury plc (LON: SBRY) share price dropped 5.5% after releasing the trading statement for the third quarter of its financial year covering the 16 weeks to 6 January 2024. The company anticipates an underlying profit

Sainsburys Store Facade
Simon Mugo
Greggs’ Share Price Surged 10% on Its Q4 and FY 2023 Results

The Greggs plc (LON: GRG) share price surged 10% after its trading update for the fourth quarter and full-year 2023. In the fiscal year of 2023, the company's total revenue saw a significant increase of 19.6%, reaching £1,809

Greggs store
Simon Mugo
B&M (BME) Share Price Rose 2.1% on Its Q3 Fiscal 2024 Results

The B&M European Value Retail SA (LON: BME) share price rose 2.1% after releasing a trading update for the third quarter of its 2024 fiscal year covering the 13 weeks from 24 September 2023 to 23 December 2023. 

B&M European Value Retail store
Simon Mugo
GSK Shares Edged Up 1.28% on the $1.4Bn Aiolos Bio Acquisition

The GSK plc (LON: GSK) share price edged up 1.28% after revealing that it had signed an agreement to acquire Aiolos Bio, Inc. (Aiolos) for an upfront payment of $1 billion, accompanied by the potential for additional success-

GSK Office
Simon Mugo
SIG PLC Share Price Rose 3.18% on Its FY Results As Sales Fell

The SIG plc (LON: SHI) share price rose 3.18% after releasing its full-year trading update for the year ended on 31 December 2023. The company reported that its like-for-like sales had fallen 2% compared to last year, resulti

SIG-lory
Simon Mugo
Games Workshop Share Price Fell 4.1% on Its Half-Year Results

The Games Workshop Group PLC (LON: GAW) share price fell 4.1% after releasing its half-year results for the 26 weeks ended on 26 November 2023. Despite the dip, the renowned manufacturer of miniature games showcased a robust

Games workshop store1
Simon Mugo
CMC Markets’ Share Price Gapped 26.3% on a Positive Q3 Update

The CMC Markets Plc (LON: CMCX) share price gapped up 26.3% after releasing a trading update for the third quarter of its 2024 fiscal year and updating its FY estimates. The update sheds light on the Group's robust performanc

CMC Markets office
Simon Mugo
Londonmetric Property (LMP) Shares Declined on a £21m Acquisition

The Londonmetric Property PLC (LON: LMP) share price declined by 1.60% after announcing the successful completion of the acquisition of a strategically positioned long-let distribution warehouse in Doncaster. 

Londonmetric logo1
Simon Mugo
LXI REIT Shares Dropped 2.61% on £210M Travelodge Hotels Sale

The LXI REIT PLC (LON: LXI) share price dropped 2.61% after the specialised Real Estate Investment Trust (REIT) focusing on very long income and inflation-protected assets announced the unconditional exchange of contracts for

LXi REIT
Simon Mugo
Shell Share Price Fell 2.45% After Releasing Its Q4 2023 Outlook

The Shell PLC (LON: SHEL) share price fell 2.45% after releasing an outlook about its Q4 performance in 2023. The company noted that its daily integrated gas production in Q4 was between 880,000 and 920,000 boe/d. 

Shell Plc
Simon Mugo
FTSE 100 Trades Lower To End the Week on a Negative Note

The FTSE100 index was trading down 0.63% as of 14:54 GMT, dragged lower by most losing stocks led by the top 10 biggest lowers. 

How to invest in the ftse100
Simon Mugo
Pantheon International Shares Trade Sideways on Monthly Update

The Pantheon International PLC (LON: PIN) share price traded sideways after the company released its latest monthly performance update. For the month ending on 30 November 2023, PIP has reported an unaudited net asset value (

Pantheon International logo
Simon Mugo
Clarkson Share Price Gapped Up 9.5% on Its Latest Trading Update

The Clarkson PLC (LON: CKN) share price gapped up 9.5% after releasing its latest trading update. Clarkson PLC, globally renowned as the foremost authority in offering comprehensive shipping services, has today disclosed an e

Clarksons logo
Simon Mugo
Ithaca Energy Share Price Fell 3.31% After Its CEO’s Departure

The Ithaca Energy PLC (LON: ITH) share price fell 3.31% after announcing that its Chief Executive Officer (CEO) Alan Bruce was stepping down from his role immediately. The company is recognised as a prominent independent oper

Ithaca Energy IPO
Simon Mugo
Topps Tiles’ Share Price Fell 8.69% on Challenging Q1’24 Results

The Topps Tiles Plc (LON: TPT) share price fell 8.69% after releasing a trading update for its fiscal Q1, also known as the 13 weeks ending 30 December 2023.  The disappointing results led to a decline in the TPT share price.

Topps Tiles store
Simon Mugo
Trufin Share Price Dropped 6% Despite a Positive Trading Update

The Trufin PLC (ON: TRU) share price dropped 6% after disclosing its financial expectations for the 12 months concluding on 31 December 2023. The company anticipates an adjusted pre-tax loss not exceeding £6.3 million, which

Trufin logo
Simon Mugo
NEXT PLC Share Price Rallied 5.84% on the Latest Trading Update

The NEXT plc (LON: NXT) share price rallied 5.84% after releasing its latest trading update. The British multinational clothing, footwear and home products retailer noted that full-price sales over the nine weeks ending on 30

Next plc store
Simon Mugo
JD Sports Share Price Plunged 20.5% on the Peak Season Update

The JD Sports Fashion PLC (LON: JD) share price plunged by 20.5% after sharing its trading performance for the peak season. Over the 22 weeks ending on 30 December 2023, the group reported a constant currency organic revenue

JD Sports store
Simon Mugo
The Boohoo Share Price Starts the Year Off on a Negative Footing

The Boohoo Group PLC (LON: BOO) share price has fallen 6.62% in the first two trading days of the year amid negative sentiment towards the fast fashion company. However, the question remains: can Boohoo turn around its fortun

Boohoo store
Simon Mugo
AstraZeneca Shares Fell Slightly on the $11M Milestone Payment

The AstraZeneca plc (LON: AZN) share price fell slightly after announcing that it had made an $11 million milestone payment to C4X Discovery Holdings plc, listed on the AIM market. The biotech firm has innovative approaches i

AstraZeneca Office
Simon Mugo
Wizz Air Share Price Fell 2.28% on December Passenger Numbers

Wizz Air Holdings PLC (LON: WIZZ) share price fell a maximum of 2.28% after releasing its December 2023 statistics for passenger count and CO2 emissions. The data revealed a significant passenger increase of 18.8% from Decemb

Wizz Air plane
Simon Mugo
Entain Share Price Rose 2.5% on Board Appointment. What Next?

The Entain PLC (LON: ENT) share price rose 2.54% after announcing that it had immediately appointed Ricky Sandler as a Non-Executive Director. Ricky Sandler is the global investment management firm's founder, CEO, and Chief I

Entain Division Ladbrokes
Simon Mugo