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Travel stocks slumped on Thursday amid reports the government will not be adding any new destinations to its quarantine-free green list when it updates Britons later in the day.
London’s FTSE 250 was down 0. 5% at 22,809. 19 in afternoon trade on Thursday.
London’s FTSE 100 was down 0. 7% at 7,061. 55 in afternoon trade on Thursday, with travel shares weaker.
Foxtons said on Thursday that adjusted operating profit for the first half is set to be "significantly ahead" of both 2020 and 2019 as it reported a jump in sales revenue.
London equity markets had fallen further into the red by midday on Thursday, with ex-dividend stocks a drag as investors awaited fresh catalysts.
RBC Capital Markets downgraded its rating on shares of credit-checking firm Experian to ‘underperform’ from ‘sector perform’ and slashed the price target to 2,400p from 2,900p.
Growth in the eurozone services sector hit a three-year high in May as Covid-related restrictions eased, according to a survey released on Thursday.
Growth in the UK services sector hit a 24-year high in May as coronavirus restrictions eased, according to a survey released on Thursday.
Insurer Hiscox said on Thursday that it has agreed a legacy reinsurance deal with Enstar.
London stocks nudged lower in early trade on Thursday as investors awaited fresh catalysts.
Growth in China’s services sector slowed in May, according to a survey released on Thursday.
Chemring posted a rise in interm profit and revenue on Thursday as it announced the acquisition of Cubica Group, a Surrey-based research and development company specialising in artificial intelligence, machine learning, data fusion and autonomy.
London stocks were set to nudge higher at the open on Thursday following a marginally firmer close on Wall Street, as investors eye the latest reading on the UK services sector.
The US securities watchdog told Tesla last year that CEO Elon Musk had twice violated a settlement requiring his tweets to be preapproved by company lawyers, the Wall Street Journal reported on Tuesday. Musk and the US Securities and Exchange Commission agreed in 2019 that the electric car maker would vet any material public communications Musk made regarding Tesla. - Guardian.