News Archive

London close: Stocks rise for fourth day as oil prices sink

2nd Nov 2026 17:20

(Sharecast News) - London's FTSE 100 finished with moderate gains for the fourth straight day on Monday, erasing earlier losses as oil prices dropped sharply on hopes of diplomatic progress in the war in Iran.

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Europe close: Stoxx 600 hits two-month high as oil prices drop

2nd Nov 2026 16:10

(Sharecast News) - European stocks rose to their highest in nearly two months on Monday as a sharp drop in oil prices lifted sentiment as investors watched a number of key risk events closely.

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Gresham House Energy Storage U-turns on sale after activist pressure

2nd Nov 2026 14:58

(Sharecast News) - Gresham House Energy Storage Fund (GRID) shares jumped on Monday after the battery storage investment company launched a formal sale process, reversing its previous opposition to the idea following pressure from activist investor PrimeStone Capital.

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Kier joint venture secures £600m defence contract

2nd Nov 2026 14:32

(Sharecast News) - Kier Group said on Monday that KierBAM - its joint venture with Royal BAM Group - has been appointed by Babcock on behalf of the MoD's Defence's Nuclear Enterprise (DNE), to support the delivery of a circa £600m programme of works at Devonport Royal Dockyard's 10 Dock in Plymouth.

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FTSE 100 movers: St James's Place recovers; energy shares drop

2nd Nov 2026 14:31

(Sharecast News) - London's FTSE 100 was 0.2% higher at 10,754.70 in afternoon trade on Monday.

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Estée Lauder boosts guidance on bumper first quarter

2nd Nov 2026 14:13

(Sharecast News) - Shares in Estee Lauder Companies shone on Monday, after the beauty and fragrance giant posted above-forecast quarterly numbers and lifted full-year guidance.

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FTSE 250 movers: FirstGroup jumps; Dr Martens slips

2nd Nov 2026 13:49

(Sharecast News) - FTSE 250 (MCX) 24,577.41 0.51%

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Marriott lifts outlook as US, Canada drives Q3 beat

2nd Nov 2026 13:33

(Sharecast News) - Marriott International shares surged on Monday after the hotel operator reported stronger-than-expected third-quarter earnings and raised its annual revenue outlook amid resilient travel demand.

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US manufacturing stays in expansion as S&P Global moderates, ISM picks up

2nd Nov 2026 13:27

(Sharecast News) - US manufacturing expanded again in October, with both the S&P Global and Institute for Supply Management surveys pointing to continued growth across the sector, though with differing signals on momentum, inflation and business sentiment.

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Broker tips: Haleon, NatWest

2nd Nov 2026 13:26

(Sharecast News) - Analysts at Berenberg downgraded Haleon from 'buy' to 'hold' on Monday after another weak top‑line performance and reduced growth visibility.

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Director dealings: Redcentric chairman raises stake

2nd Nov 2026 13:25

(Sharecast News) - Redcentric revealed on Monday that non-executive chairman Richard McGuire had acquired 56,240 ordinary shares in the AIM-listed IT managed services provider.

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US open: Stocks higher as oil prices fall, traders look ahead to midterms

2nd Nov 2026 13:25

(Sharecast News) - Major indices were firmly in the green early on Monday, with falling oil prices boosting sentiment as investors preparing for a packed few days of earnings, macro data and Tuesday's midterm elections.

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European supermarket freezer hack spreads after French cyberattack

2nd Nov 2026 13:17

(Sharecast News) - European supermarket operators were hit by a fresh wave of suspected cyberattacks on Monday after refrigeration and freezer systems in stores across several countries were reportedly tampered with overnight, raising fears of a repeat of last month's large-scale French incident.

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Marvell Technology to buy Lumentum in $115bn deal

2nd Nov 2026 13:05

(Sharecast News) - California-based chipmaker Marvell Technology said on Monday that it has agreed to buy datacentre optics maker Lumentum in a $115bn all-share deal.

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Shore Capital keeps NatWest at 'hold' as NIM guidance disappoints

2nd Nov 2026 11:59

(Sharecast News) - Shore Capital has reiterated a 'hold' rating on NatWest Group and trimmed its target price, highlighting the bank's recent "concerning" guidance for flat net interest margins, which led to a sell-off in the stock on Friday.

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