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Sector movers: Oil stocks slip as risk aversion sweeps across energy space
Oil related stocks were the main drag on London listed stocks on Tuesday, as the sell-off in technology shares Stateside fed into other risk assets, including commodities.
Wednesday preview: China CPI, Computacenter in the spotlight
The focus in financial markets in the middle of the week will shift back towards Asia, where official statistics for consumer and factory prices are due out.
IAG obtains regulatory approvals to continue flying in case of no-deal Brexit
British Airways owner International Consolidated Airlines said on Tuesday it had obtained the necessary regulatory approvals to continue flying freely regardless of whether there is a Brexit deal in place or not by the end of the year.
Europe close: Stocks caught in technology downdraft on Wall Street
European shares finished sharply lower amid continued heaving selling in tech stocks and more concerns about Britain's belligerent stance on Brexit trade talks.
London close: Stocks finish weaker amid EU withdrawal fears
London stocks closed in negative territory on Tuesday, while sterling slumped further on reports the head of the UK government’s legal department has quit over Prime Minister Boris Johnson’s plans to rewrite the EU withdrawal agreement.
Director dealings: FDM Group CFO makes share sale
FDM Group revealed on Tuesday that chief financial officer Michael McLaren had disposed of 20,000 ordinary shares in the London-listed professional services firm.
BP Marsh new investment opportunities more than halve amid Covid-19
Venture capital firm BP Marsh said on Tuesday that it was presented with a total of 22 new investment opportunities over the six months ended 31 July, down from 49 a year earlier.
Broker tips: Oxford Instruments, Midwich, BT
Analysts at ShoreCap reiterated their 'buy' recommendation for shares of Oxford Instruments on the back of the company's update on trading at its annual general meeting.
FTSE 250 movers: FirstGroup gives back some gains; Royal Mail rises
London’s FTSE 250 was down 0. 5% at 17,554. 09 in afternoon trade on Tuesday.
Xtract pleased with pitting programme at Eureka copper-gold deposit
Xtract Resources updated the market on the outcome of a pitting programme designed to track extensions to the Eureka copper-gold deposit on small scale mining licence 22134-HQ-SML on Tuesday, located in the central part of the Republic of Zambia.
US President makes case for 'decoupling' economy from China
America's President made the case for 'decoupling' the US economy from China's and accused his main political rival of being too soft on Beijing.
ShoreCap stays at 'buy' on Oxford Instruments, highlights robust balance sheet
Analysts at ShoreCap reiterated their 'buy' recommendation for shares of Oxford Instruments on the back of the company's update on trading at its annual general meeting.
US open: Stocks slide as tech rout continues
Wall Street stocks were sharply lower after the bell on Tuesday as tech stocks continued on with their worst performance since March.
Savannah Resources raises £2.3m to progress lithium, mineral sands projects
Resource development company Savannah Resources announced a fundraise of £2. 3m on Tuesday, to supplement its existing working capital to advance its lithium project in Portugal and Mozambique mineral sands venture.
Synairgen upbeat on latest data from SNG001 trials
Respiratory drug discovery and development company Synairgen announced positive data from the interim analysis of its exploratory phase 2 clinical trial of inhaled ‘SNG001’ on Tuesday, in chronic obstructive pulmonary disease (COPD) patients with a confirmed respiratory viral infection.
FTSE 100 movers: GVC hit by downgrade; JD Sports in fashion
London’s FTSE 100 was down 0. 9% at 5,883. 17 in afternoon trade on Tuesday.
Reabold shares fall as Parta Energy pulls out of Romania farm-in
Upstream oil and gas investor Reabold Resources announced on Tuesday that ADX Energy has received a notice from Parta Energy - a wholly-owned subsidiary of the ASX-listed Tamaska Oil & Gas - that the board of Tamaska has decided not to proceed with the farm-in transaction for the EX-10 Parta licence in Western Romania.
Tuesday broker round-up
Hargreaves Lansdown: Berenberg upgrades to buy with a target price of 1,915. 0p.
Berenberg upgrades Hargreaves Landown, SLA, St James's Place
Hargreaves Lansdown, Standard Life Aberdeen and St James’s Place all gained on Tuesday after Berenberg upgraded their ratings to ‘buy’ from ‘hold’ as it took a look at the asset management sector.
McBride launches new growth targets, sees FY year revenues slip
Cleaning products manufacturer McBride has unveiled plans to overhaul the business as it seeks to deliver annual revenues of €1bn.