News Archive

Europe open: Shares mixed as traders eye US-Iran latest, EZ inflation

1st Jul 2026 08:08

(Sharecast News) - European shares were mixed on Wednesday as investors eyed the latest developments on US-Iran talks and awaited a flash eurozone inflation reading.

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Polar Capital pre-tax profit rises 49pc

1st Jul 2026 08:07

(Sharecast News) - Polar Capital reported a 49% rise in annual pre-tax profit on Wednesday, after assets under management reached a record year-end level, supported by strong markets, fund performance and a second consecutive year of net inflows.

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London open: FTSE falls as investors eye manufacturing PMI

1st Jul 2026 07:58

(Sharecast News) - London stocks fell in early trade on Wednesday as investors mulled uninspiring house price data and eyed the latest reading on the UK manufacturing sector, amid doubts over peace talks between the US and Iran in Doha.

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Berenberg slightly raises target price on LBG Media

1st Jul 2026 07:52

(Sharecast News) - Analysts at Berenberg raised their price target on LBG Media to 50p from 45p, saying the group's recent acquisition of Uncovered had strengthened its strategic positioning and supported upgrades to earnings forecasts through FY26-FY28.

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CMC Markets lifts guidance for FY net operating income

1st Jul 2026 07:47

(Sharecast News) - CMC Markets lifted its full-year guidance for net operating income on Wednesday as it hailed continued strong momentum, driven by "exponential and exceptional" growth in its B2B business.

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London pre-open: Stocks to fall ahead of US-Iran talks; UK PMI due

1st Jul 2026 07:32

(Sharecast News) - London stocks were set to fall at the open on Wednesday as investors eyed expected peace talks between the US and Iran in Doha and the latest reading on the UK manufacturing sector.

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Chemring subsidiary secures JBTDS contract win

1st Jul 2026 07:29

(Sharecast News) - Aerospace and defence technology firm Chemring said on Wednesday that its US subsidiary, Chemring Sensors & Electronic Systems, has secured a sole‑source indefinite delivery/indefinite quantity full‑rate production contract as part of the Joint Biological Tactical Detection System programme.

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EU imposes €3 flat customs fee on parcels to curb Temu, Shein

1st Jul 2026 07:21

(Sharecast News) - The European Union on Wednesday said it was imposing a €3 customs duty on all e-commerce purchases valued at €150 or less arriving from China as it looked to counter what it called unfair competition from cheap retailers such as Shein and Temu.

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AB Foods still sees lower FY earnings; Primark Q3 LFL sales fall 2.2%

1st Jul 2026 07:19

(Sharecast News) - Primark owner Associated British Foods said it still expected lower earnings this year as its struggling sugar division expected losses to widen and market conditions to further deteriorate, sending its shares lower in London trade.

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Wednesday newspaper round-up: Fuel poverty, Asda, BoE

1st Jul 2026 07:17

(Sharecast News) - Millions of households in Great Britain will be pushed into fuel poverty after months of volatility on the global gas markets as energy bills rise by more than £220 a year under the government's price cap from Wednesday. As the cap on gas and electricity rates rises to the equivalent of £1,862 a year, the number of households forced to spend more than 10% of their income on energy bills will increase to 13.5m from almost 11.3m in April, according to fuel poverty campaigners. - Guardian

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Thursday preview: Currys results, payrolls report in focus

1st Jul 2026 07:12

(Sharecast News) - Thursday will bring the release of full-year results from Baltic Classifieds and Currys, while across the pond, the latest non-farm payrolls report, unemployment rate and average earnings will be out a day early due to the Independence Day holiday on Friday.

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Primary Health Properties secures £800m debt refinancing

1st Jul 2026 07:12

(Sharecast News) - Primary Health Properties has refinanced debt facilities totalling £800m, the property investor confirmed on Wednesday.

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UK house prices flat in June - Nationwide

1st Jul 2026 07:07

(Sharecast News) - UK house prices were flat in June, industry data showed on Wednesday, on the back of cautious consumer sentiment.

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US close: Stocks rise as Dow logs strongest first‑half performance in five years

30th Jun 2026 21:27

(Sharecast News) - Major indices closed higher on Tuesday, with the Dow Jones setting yet another fresh record close as it registered its best first-half performance since 2021.

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London close: Stocks rise, but gains nearly erased in afternoon trade

30th Jun 2026 17:19

(Sharecast News) - Strong gains from mining, banking and defence stocks propped up UK markets on Tuesday, though gains were modest amid ongoing uncertainty regarding peace talks between the US and Iran.

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