News Archive

Berenberg hikes Asos price target after update

24th Sep 2026 12:43

(Sharecast News) - Berenberg hiked its price target on Asos on Thursday to 750p from 600p following the online retailer's "encouraging" FY26 trading update, which featured low-single-digit like-for-like sales growth in the fourth quarter - "the first sign of a return to growth at group level in four years".

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Friday preview: Gfk consumer confidence survey, Michigan sentiment due

24th Sep 2026 12:05

(Sharecast News) - There are no major UK corporate releases due on Friday, but the latest GfK consumer confidence survey will be out.

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Victrex drops after new five-year strategy, dividend policy

24th Sep 2026 11:55

(Sharecast News) - Shares in Victrex lost more than a tenth of their value on Thursday after the high-performance polymers specialist underwhelmed with a new five-year transformation strategy and capital allocation policy.

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On The Beach reaffirms guidance, shares shine

24th Sep 2026 11:46

(Sharecast News) - Shares in On The Beach Group shone on Thursday, after it reiterated profits guidance on the back of strong summer bookings.

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US pre-open: Futures lower as investors eye bond yields, Trump-Xi meeting

24th Sep 2026 11:40

(Sharecast News) - US stock futures were pointing to further losses on Wall Street on Thursday as investors reacted to the ongoing bond market sell-off and higher oil prices.

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Europe midday: Shares fall as investors assess multiple rate calls

24th Sep 2026 11:20

(Sharecast News) - European shares were lower on Thursday as oil prices skipped back above $100 a barrel and bonds were sold off, as Norway's central bank became the latest to hike rates, while Switzerland and Sweden decided to hold.

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Norges Bank hikes rates by 25 basis points to 4.5%

24th Sep 2026 10:57

(Sharecast News) - Norway's central bank lifted interest rates on Thursday for the second time this year and said it would be prepared to hike again to contain inflation.

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London midday: FTSE nudges up as investors eye Trump-Xi meeting

24th Sep 2026 10:51

(Sharecast News) - London stocks had nudged into the black by midday on Thursday, but gains were muted following a selloff in US bond markets, and as investors eyed a meeting between US President Trump and China's Xi Jinping.

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Sweden's central bank leaves rates on hold

24th Sep 2026 10:28

(Sharecast News) - Sweden's Riksbank opted to leave its key policy rate unchanged on Thursday, as widely expected, but warned of possible rises to come.

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German business sentiment improves more than expected in September - Ifo

24th Sep 2026 10:10

(Sharecast News) - German business sentiment improved more than expected in September, according to a survey released on Tuesday by the Ifo Institute.

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DFS profits jump despite subdued market as retailer eyes further growth

24th Sep 2026 10:00

(Sharecast News) - DFS Furniture reported a sharp rise in annual profits on Thursday and said it expected further growth in the current year despite remaining cautious over the consumer backdrop.

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Swiss National Bank leaves interest rates on hold

24th Sep 2026 09:51

(Sharecast News) - The Swiss National Bank left its key policy rate unchanged on Thursday, despite a modest uplift in inflation.

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Asia report: Shares mixed on bond worries, oil volatility

24th Sep 2026 09:25

(Sharecast News) - Asian equities closed mixed, with Japan outperforming while China and Hong Kong slipped as investors weighed surging bond yields, oil volatility and US-China geopolitical jitters.

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Raspberry Pi hails record H1 performance, shares surge

24th Sep 2026 09:24

(Sharecast News) - Raspberry Pi surged on Thursday as it lifted its full-year profit outlook and hailed record first-half profit and revenue, pointing to strong OEM and reseller demand and increased unit shipments.

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GPE lets initial floor at City Tower in London

24th Sep 2026 09:20

(Sharecast News) - Great Portland Estates said it had let the initial floor of its latest phase of fully managed workspace at City Tower, EC2, with a further floor under offer, ahead of completion in early 2027.

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