News Archive

US mortgage applications slump as interest rates climb

30th Sep 2026 11:17

(Sharecast News) - US mortgage applications fell sharply in the week ended 25 September as rising borrowing costs continued to weigh on demand, according to the Mortgage Bankers Association.

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US pre-open: Futures lower ahead of August PCE reading

30th Sep 2026 11:16

(Sharecast News) - Wall Street futures were in the red ahead of the opening bell on Wednesday as market participants looked ahead to the release of the Federal Reserve's preferred inflation gauge later this morning.

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Europe midday: Shares give up gains as investors eye bond yields

30th Sep 2026 11:01

(Sharecast News) - European equities turned mixed by midday on Wednesday, as rising bond yields and the continued military stalemate in the Middle East between Iran and the US weighed on sentiment.

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London midday: FTSE off highs as oil creeps up, US PCE eyed

30th Sep 2026 10:55

(Sharecast News) - London stocks were well off earlier highs by midday on Wednesday as oil prices crept up again and as investors eyed a key US inflation reading, but the overall tone remained positive after data showed the UK economy grew faster than expected in the second quarter.

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Young's lifts FY trading outlook after strong first half

30th Sep 2026 10:50

(Sharecast News) - Pub group Young's said on Wednesday that full-year trading was set to be ahead of market expectations after a strong first half.

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Unite sells King's Place development site for £60m

30th Sep 2026 10:01

(Sharecast News) - Student accommodation provider Unite Group has sold its 444-bed King's Place development site to an affiliate of Far East Orchard for £60m.

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UK financial services sector rebounds in Q3 - CBI

30th Sep 2026 09:46

(Sharecast News) - The UK's financial services sector showed signs of stabilising in September, a survey showed on Thursday, as firms partially rebounded from a tough second quarter.

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Asia report: Stocks mixed but tech rally boosts Tokyo shares

30th Sep 2026 09:46

(Sharecast News) - Asian stock markets were mixed on Wednesday with Chinese indices subdued ahead of a national holiday, though shares in Japan jumped due to big gains in the tech sector.

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Marks Electrical lifts profit outlook, shares spark

30th Sep 2026 09:33

(Sharecast News) - Shares of Marks Electrical sparked on Wednesday after the online electrical retailer said full-year profit was set to be ahead of market expectations, and announced the appointment of a new chief financial officer.

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Shepherd Neame kickstarts beer division review as volumes fall

30th Sep 2026 09:18

(Sharecast News) - Aquis-listed Shepherd Neame reported modest growth in underlying profits for the year to 27 June despite lower revenues, as strong pub trading offset continued weakness in its Brewing and Brands division.

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London open: FTSE gains as oil prices fall, GDP revised up

30th Sep 2026 09:00

(Sharecast News) - London stocks rose in early trade on Wednesday as data showed the UK economy grew faster than expected in the second quarter, while oil prices fell and investors eyed a key US inflation reading.

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3i Infrastructure on track for target return as refinancing boosts flexibility

30th Sep 2026 08:52

(Sharecast News) - Investment firm 3i Infrastructure said on Wednesday that it delivered continued growth across its portfolio in the six months ended 30 September, with most assets meeting or exceeding return expectations and the business remaining on track to hit its target return.

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China manufacturing, services sectors return to growth in September

30th Sep 2026 08:20

(Sharecast News) - China's services and manufacturing sectors both returned to growth in September, according to data released on Wednesday.

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Europe open: Stoxx jumps again as equities shrug off bond yield rises

30th Sep 2026 08:10

(Sharecast News) - European equities continued their run of recent gains at the open on Wednesday, shrugging off rising bond yields and the continued military stalemate in the Middle East between Iran and the US.

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Berenberg hikes Kier target price to 370p

30th Sep 2026 08:04

(Sharecast News) - Analysts at Berenberg lifted their target price for Kier on Wednesday, raising it from 300p to 370p, as they reiterated that the contractor's evolving strategy and clearer medium‑term framework were being well received by the market.

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