The tables have turned in the cryptocurrency market during this last month and quarter, and Bitcoin bulls are celebrating the recent rally, whose target is none other than the all-time highs at $65,000 of the queen of 'cryptos' in April. Sentiment is decidedly bullish and beyond possible profit-taking and occasional pullbacks, investors, especially the 'hodlers', the strong hands in the market, are confident that nothing can blow the upward momentum out of the water.
London’s FTSE 250 was up 0. 7% at 22,614. 88 in afternoon trade on Wednesday.
Wall Street stocks were mixed early on Wednesday as market participants digested some major bank earnings and a hotter-than-expected monthly inflation report.
London’s FTSE 100 was flat at 7,128. 24 in afternoon trade on Wednesday.
Wall Street stocks turned in a mixed performance on Wednesday as market participants digested major bank earnings and a hotter-than-expected monthly inflation report.
UBS downgraded its stance on business intelligence and exhibitions group Informa on Wednesday to 'sell' from 'neutral', saying the travel recovery was likely to be slower than the market expects and that it anticipates seeing material short-term earnings downgrades.
Asos revealed on Wednesday that non-executive director Ian Dyson had acquired 4,500 ordinary shares in the online retailer.
Online retail giant Amazon may owe drivers as much as £140. 0m, according to law firm Leigh Day.
Construction materials distributor Brickability Group said on Wednesday that interim group revenues were expected to have risen 200% year-on-year.
THG, formerly The Hut Group, said on Wednesday that it was not aware of any reason for the slump in its share price a day earlier.
Flooring company Victoria said in a trading update on Wednesday that its underlying profit before tax would be ahead of consensus market expectations for the year ending 2 April.
European stocks had rebounded by midday after a sluggish start on Wednesday as strong corporate updates and takeover activity boosted sentiment.
Analysts at Berenberg lowered their target price on diversified chemicals group Johnson Matthey from 3,800. 0p to 3,600. 0p on Wednesday ahead of the firm's interim results next month.
London stocks closed in positive territory on Wednesday, helped along by a strong showing in the housebuilding sector, as investors digested the latest UK GDP reading.
Caledonia Mining updated the market on its gold production from the Blanket Mine in Zimbabwe for the September quarter on Wednesday, narrowing its production guidance range for the year.
Location technology company 1Spatial announced the award of a new multi-year framework agreement by Land and Property Services (LPS) in Northern Ireland, in conjunction with a consortium led by Version1, to support the Department of Finance's ongoing digital transformation programme.
Shipyard and energy infrastructure company Harland & Wolff announced on Wednesday that its subsidiary Islandmagee Energy (IMEL) has been notified by the Northern Ireland Department of Agriculture, Environment and Rural Affairs (DAERA) that it would issue the environmental consent decision, marine licence, reviewed abstraction licence and discharge consent for the Islandmagee Gas Storage project.
WPP announced on Wednesday that its majority-owned subsidiary Finsbury Glover Hering, and Sard Verbinnen & Co (SVC), have reached agreement on the terms of a merger to create a “leading” strategic communications firm.
Minerals exploration and development company Alien Metals updated the market on the Hancock Iron Ore Project in the Pilbara region of Western Australia on Wednesday, following the publication of its maiden inferred resource on 22 September.
Podcast production and distribution company Audioboom updated the market on its September quarter on Wednesday, reporting record quarterly revenue of $16. 9m, up 161% on year-on-year and up 28% on the second quarter, as it flagged an expectations-busting year.