News Archive

House prices ease on weaker consumer confidence - Rics

11th Jun 2025 14:03

(Sharecast News) - House prices weakened in May, a closely-watched industry survey showed on Thursday, as consumer sentiment faltered.

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US open: Stocks mixed following cooler-than-expected CPI reading, trade news

11th Jun 2025 13:32

(Sharecast News) - Major indices were mixed early on Wednesday as market participants thumbed over a closely watched inflation report and digested US-China trade headlines.

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FTSE 250 movers: Housebuilders up on spending review; Ibstock tanks

11th Jun 2025 13:25

(Sharecast News) - FTSE 250 (MCX) 21,427.65 0.18%

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PRS Reit confirms takeover proposal from Long Harbour

11th Jun 2025 12:23

(Sharecast News) - PRS Reit confirmed on Wednesday that it has received a takeover proposal from real estate management firm Long Harbour.

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Oriole reports encouraging assay results from maiden Mbe drilling

11th Jun 2025 12:01

(Sharecast News) - Oriole Resources reported encouraging new assay results from its maiden drilling campaign at the Mbe gold project in Cameroon on Wednesday, further confirming the continuity of near-surface mineralisation over a 200-metre strike length.

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Inditex sales growth disappoints, shares slip

11th Jun 2025 11:55

(Sharecast News) - Shares in Zara-owner Inditex came under pressure on Wednesday, after second-quarter numbers from the retail giant disappointed.

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MaxCyte enters collaboration with Ori Biotech

11th Jun 2025 11:26

(Sharecast News) - MaxCyte announced a strategic collaboration with Ori Biotech on Wednesday, to improve the efficiency and scalability of cell therapy manufacturing, integrating its 'Flow Electroporation' technology with Ori's next-generation 'IRO' manufacturing platform.

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Record subsidiary agrees funding for Kore Potash's Kola Project

11th Jun 2025 11:18

(Sharecast News) - Record announced on Wednesday that its Record Asset Management subsidiary, through joint venture OWI-RAMS with One World Impact Partners, has signed non-binding term sheets to provide the full $2.2bn funding required for the development of the Kola Potash Project in the Republic of Congo.

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Europe midday: Shares flat ahead of US CPI

11th Jun 2025 11:15

(Sharecast News) - European shares were flat on Wednesday as the US and China reached an agreement on trade after a second day of high-level talks in London and traders looked ahead to US inflation data.

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Pan African Resources cuts full-year guidance despite record first half

11th Jun 2025 11:10

(Sharecast News) - Pan African Resources has scaled back its production guidance for the full year despite record output in the first half, but announced a new share buyback plan.

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Warehouse REIT reports solid full-year performance

11th Jun 2025 11:02

(Sharecast News) - Warehouse REIT reported a solid full-year performance on Wednesday, supported by strong leasing activity and strategic progress, including a portfolio valuation uplift and improved earnings.

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SDCL ends sale process as subsidiary Onyx secures new facility

11th Jun 2025 10:53

(Sharecast News) - SDCL Efficiency Income Trust said in an update on Wednesday that its US subsidiary Onyx Renewable Partners has secured a new $260m senior secured credit facility to support the expansion of its distributed energy portfolio.

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London midday: FTSE just higher as housebuilders rally ahead of spending review

11th Jun 2025 10:53

(Sharecast News) - London stocks were a smidgen firmer by midday on Wednesday as investors mulled news of a "framework" trade truce between the US and China, with housebuilders up ahead of Chancellor Rachel Reeves' spending review and all eyes on a key US inflation reading.

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Vp confident after resilient full-year performance

11th Jun 2025 10:50

(Sharecast News) - Vp reported a resilient full-year performance in line with expectations on Wednesday, supported by solid demand from infrastructure and specialist construction markets.

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