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BP Share Price Rallied 6.92% on Upbeat Q4 and FY 2023 Results

The BP plc (LON: BP) share price rallied 6.92% after its Q4 and full-year 2023 results were released. The underlying replacement cost profit for the quarter stood at $3.0 billion, a decrease from the $3.3 billion reported in

BP service station
Simon Mugo
Lloyds Banking Share Price Fell 2% on Iran Sanctions Rumours

The Lloyds Banking Group PLC (LON: LLOY) share price fell 2% following a report by the Financial Times (FT) indicating that Iran utilised accounts at Lloyds Bank and Santander to clandestinely transfer funds globally, circumv

Lloyds Bank LON:LLOY
Simon Mugo
Here’s Why the Superdry Share Price Soared 98% on Friday

The Superdry PLC (LON: SDRY) share price soared 98.11% on Friday after issuing a statement saying that the fashion retailer’s CEO, Julian Dunkerton, was considering making an all-cash offer to acquire shares of the company th

Superdry store
Simon Mugo
Applied Nutrition Plans To IPO on the LSE at a £1Bn Valuation

According to Sky News, Applied Nutrition, a company headquartered in Liverpool, known for producing nutritional supplements favoured by professional athletes and fitness fans, is currently discussing a potential listing in Lo

Applied Nutrition supplements
Simon Mugo
CMC Markets’ Share Price Surged 16.2% on Plans To Cut 200 Jobs

The CMC Markets Plc (LON: CMCX) share price surged 16.2% after releasing an update about its cost reduction and efficiency plans. Today, the prominent global online retail ("Direct to Consumer" or "D2C") and institutional ("B

CMC Markets office
Simon Mugo
UK Market Dynamics This Week (2024 Wk6) – Economic Data & Earnings

As we step into a new week, there are some important data points on the horizon for the key UK index and beyond. The FTSE 100, a barometer for the UK's economic pulse, is at the centre of our regular radar, and whether you're

stock market chart data screen on technology
AskTraders Team
HgCapital Trust Shares Rose 1.76% After Investing in GGW Group

The HgCapital Trust plc (LON: HGT) share price rose 1.76% after announcing its investment in the expansion of GGW Group ("GGW"), a premier insurance brokerage platform serving the European small and medium-sized enterprise ("

HG Capital Trust logo
Simon Mugo
Apax Global Alpha Ltd Shares Edged Higher on WGSN Acquisition

The Apax Global Alpha Ltd (LON: APAX) share price edged higher after funds it advises acquired WGSN for €21.5 million. The closed-ended investment firm noted that Apax Private Equity Funds invested in WGSN via a look-through

Apax Global Alpha Ltd logo
Simon Mugo
YouGov Shares Fell 4.3% on Its Mixed H1 FY 2024 Trading Update

The YouGov Plc (LON: YOU) share price fell 4.29% after providing an update on its trading performance for the six months ended 31 January 2024. YouGov demonstrated a robust operational stance throughout this period, navigatin

YouGov office
Simon Mugo
Wizz Air’s Share Price Rallied 6.28% on the Latest Passenger Data

The Wizz Air Holdings PLC (LON: WIZZ) share price rallied 6.28% after the budget airline released its latest passenger numbers and CO2 emissions data for January 2024. During the first month of 2024, Wizz Air experienced a si

WizzAir plane
Simon Mugo
Airtel Africa Share Price Rallied 5.18% on 9-Month Trading Update

The Airtel Africa PLC (LON: AAF) share price rallied 5.18% after releasing its trading update for the nine months to 31 December 2023. The telecommunications company saw a significant expansion in its customer base, which sur

Airtel Africa
Simon Mugo
AG Barr’s Share Price Edged Up 2.0% on FY 2024 Trading Update

The A G Barr PLC (LON: BAG) share price increased 2.02% after issuing a trading update for the year ending 28 January 2024. The company’s projected revenues stand at approximately £400 million, marking a year-on-year increase

AG Barr drinks
Simon Mugo
Shell Share Price Rose 2.5% on Q4 and FY 2023 Trading Results

The Shell PLC (LON: SHEL) share price rose 2.5% after releasing its Q4 and full-year trading results for the 2023 financial year, which ended 31 December 2023. An improvement influenced earnings for Shell plc shareholders in

Shell Plc
Simon Mugo
BT Group Shares Spiked 5.66% on a Trading Update but Later Fell

The BT Group  (LON: BT.A) share price spiked 5.66% after issuing a trading update for the nine months ended 31 December 2023. The telecommunications company reported that the rate of FTTP (Fiber to the Premises) construction

BT Group logo
Simon Mugo
Nuclera, a UK Biotech Firm, Seeks a New York IPO Instead of a UK One

Nuclera, a burgeoning life sciences startup, is considering a public listing in New York within the next five years as it nears the prestigious unicorn status. Originating from Cambridge University, Nuclera specialises in exp

Nuclera device
Simon Mugo
Raspberry Pi Prepares for a UK IPO, Uplifting the London IPO Market

Raspberry Pi, renowned for its user-friendly computers aimed at coding enthusiasts, has initiated preparations for an initial public offering (IPO) in London with the assistance of Peel Hunt and Jefferies banking advisors. Th

Raspberry Pi
Simon Mugo
FDM Group’s Share Price Dropped 3.48% on the Full-Year Update

The FDM Group (Holdings) PLC (LON: FDM) share price dropped 3.48% after issuing its year-end trading update. The company is a leading global provider specialising in Information Technology services. It announced an interim tr

FDM Holdings Group
Simon Mugo
GSK Share Price Fell 1.29% After Its Final Results for Fiscal 2023

The GSK plc (LON: GSK) share price fell 1.29% after releasing the final results of its 2023 fiscal year. The company achieved significant growth, leading to an enhanced forecast for future growth. The company's sales, profits

GSK-Unveils-New-Logo
Simon Mugo
Saga Shares Rose 9.43% on Its H2 ’24 Trading Update, Later Fell

The Saga PLC (LON: SAGA) share price rose 9.43% after releasing a half-year trading update from 1 August 2023 to 29 January 2024. The Group forecasts a promising financial outlook for 2023/24, expecting to report revenue grow

Simon Mugo
British Airways Owner (IAG) Shares Fell 1.2% on Rating Downgrade

The British Airways owner, International Consolidated Airlines Grp SA (LON: IAG) share price fell 1.18% after analysts at Morgan Stanley downgraded the airline group. In a recent analyst report, Morgan Stanley adjusted its ra

IAG British Airways plane
Simon Mugo
Diageo Share Price Fell 4.13% on Weak H1 Fiscal 2024 Results

The Diageo plc (LON: DGE) share price fell 4.13% after releasing the interim results for the first half of its 2024 financial year. The company noted that it experienced robust cash generation during a challenging first half,

Diageo drinks
Simon Mugo
Pets at Home Share Price Fell 6.64% on Mixed Q3 FY ’24 Results

The Pets at Home Group PLC (LON: PETS) share price fell a maximum of 6.64% as of 8:50 GMT after releasing its Q3 fiscal 2024 results for the 12 weeks ended 4 January 2024. The company’s Q3 consumer revenue saw a 6.0% increase

Pets at Home shop
Simon Mugo
GSK Share Price Rose 0.89% as the EMA Reviews Its RSV Drug

The GSK plc (LON: GSK) share price rose 0.89% after announcing that its respiratory syncytial virus (RSV) vaccine, Arexvy, has been submitted for review by the European Medicines Agency (EMA) for use in preventing RSV in adul

GSK Office
Simon Mugo