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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
Ceres Power Share Price Starts the Year Down but Within a Range

The Ceres Power Holdings plc (LON: CWR) share price was trading down a maximum of 5.85% but was still within a tight trading range that started in early December 2023. The company’s share price fell to start trading within th

Ceres Power Doosan
Simon Mugo
Diversified Energy Share Price Rose 6.16% on Closing Asset Sale

The Diversified Energy Company PLC (LON: DEC) share price rose 6.16% after announcing the successful completion of a noteworthy deal, allowing the company to extract additional value from its existing assets. The transaction

Diversified Energy logo
Simon Mugo
Royal Mail (IDS) Shares Rallied 13.7% in a Month. What’s Next?

The Royal Mail share price, also known as International Distributions Services PLC (LON: IDS), has risen 13.68% in the past month, driven by positive investor sentiment towards the parcels and letters delivery firm during the

Royal Mail delivery
Simon Mugo
Balfour Beatty Share Price Edged 1.15% on Share Buyback Plans

The Balfour Beatty plc (LON: BBY) share price edged up 1.15% after announcing that it had appointed its corporate brokers to buy back shares on its behalf for an aggregate amount of £50 million for the first tranche of its sh

Balfour Beatty logo
Simon Mugo
UK House Prices Fall 1.8% in 2023, a Rapid Rebound ‘Appears Unlikely’

UK house prices dipped 1.8% in 2023, the latest data from the Nationwide House Price Index revealed on Friday, while month-on-month they remained flat.

Sam Boughedda
Boxing Day Footfall Rises, But Analyst Sees Risks For ABF

According to data from MRI Software, London contributed to the rise in the number of shoppers visiting UK high streets on Boxing Day, with the overall number also increasing year-on-year, boosting the prospects for listed ret

Shopper shopping with a smart phone
Sam Boughedda
Hg Capital Trust Shares Rise After Agreeing to Sell Partial Stake in IRIS Software to Private Equity Firm

London-listed Hg Capital Trust's (LON: HGT) shares are up over 2% Wednesday after it announced the partial sale of Iris Software Group in a press release.

Handshake of businessmen
Sam Boughedda
AstraZeneca Bolsters Cell Therapy Pipeline with $1.2 Billion Gracell Acquisition

AstraZeneca (LON: AZN) announced an agreement to acquire Gracell Biotechnologies (NASDAQ: GRCL), a clinical-stage cell therapy company, for up to $1.2 billion on Wednesday, further strengthening its ambitions in the field of

AstraZeneca Office
Sam Boughedda
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