Full List Of Stories
London’s benchmark managed to break back into the green by the close after a choppy session on Tuesday, as investors weighed worries about a rise in new coronavirus infections against hopes of a US stimulus package, and a strong showing in the housebuilding sector.
Healthcare services company Uniphar updated the market on its first half on Tuesday, saying it had performed in line with expectations for the six months through June at both a gross profit and EBITDA level.
UK-focussed onshore exploration and development company Union Jack Oil announced on Tuesday that the Oil and Gas Authority has approved its acquisition of a further 3% interest in PEDL253, containing the Biscathorpe Prospect, from Montrose Industries.
Princess Private Equity has entered into a new investment management agreement with Partners Group, it announced on Tuesday, with effect from 1 July.
Conveyancing and financial intermediary platform provider ULS Technology said on Tuesday that recent trading had been buoyed by the “quicker than expected” rebound in the housing market.
Africa-focussed oil and gas company Tower Resources updated the market on activity at licence PEL 96 in Namibia on Tuesday, covering blocks 1910A, 1911 and 1912B.
Irish Continental Group reported a 65% fall in car volumes in its first half on Tuesday, at 56,600 vehicles, while roll-on, roll-off (RoRo) freight was 2. 7% weaker at 149,400 vehicles.
European Metals Holdings announced on Tuesday that a ‘value added services agreement’ with KIC InnoEnergy - the primary facilitator and organiser of the European Battery Alliance - has been entered into by Geomet, for the Cinovec Lithium Project in the Czech Republic.
Markets in Asia finished in a mixed state on Tuesday, as gold prices dipped from record highs late in the session, amid ongoing Covid-19 concerns and geopolitical tensions between the US and China.
Door and window component supplier Tyman reported a 17% like-for-like fall in revenue in its first half on Tuesday, to £254. 1m, as its adjusted operating profit was 26% weaker on a like-for-like abscess at £31. 3m.
Vivo Energy reported a 7% fall in volumes in its first half on Tuesday, to 4. 62 billion litres, while revenues fell 14% to $3. 38bn (£2. 63bn).
Sabre Insurance Group reported gross written premiums of £86. 9m in its first half on Tuesday, falling from £101. 2m year-on-year, while its net loss ratio fell to 45. 1% to 48. 2%.
AstraZeneca said on Tuesday that high-level results from the phase 3 ‘DAPA-CKD- trial of ‘Farxiga’, or dapagliflozin, showed a “statistically significant and clinically meaningful” effect on its primary endpoint.
Fresnillo reported gross profit of $321. 2m (£249. 75m) in its first half on Tuesday, up 56. 3%, which included a $65. 1m benefit from the reassessment of the recoverable gold inventories on the leaching pads at Herradura, although a shift in the value of the Mexican peso dented its overall profitability.
London open The FTSE 100 is expected to open 16 points higher on Tuesday, having closed down 0. 31% at 6,104. 88 on Monday.