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Sector movers: Stocks slip as US price data provides little relief on this side of the Pond
London listed stocks underperformed most of their peers around the globe on Thursday despite the release of US producer price data showing the first negative monthly reading since April 2020 as energy prices fell back.
US close: Major indices put on mixed performance following PPI data
Wall Street stocks put on a mixed performance on Thursday following the release of last month's producer price index.
Europe close: Stocks little changed despite better-than-expected US price data
European shares finished on a mixed note on Thursday despite the release of better-than-expected producer price data for July on the other side of the Pond.
London close: Ex-dividends weigh down afternoon trading
London stocks closed below the waterline on Thursday, with ex-dividend stocks remaining a drag through afternoon trading.
Director dealings: Non-exec's private equity firm buys more of Everyman
Shares in cinema operator Everyman Media Group jumped on Thursday, after it emerged a real estate and leisure-focussed private equity outfit bought another £0. 3m of its shares.
C4X raises £5.7m to support development activities
Drug discovery company C4X announced a proposed placing to raise up to £5. 7m on Thursday, to support its corporate development and ongoing commercial activities.
SDX Energy spuds exploration well at Morocco concession
SDX Energy announced the 6 August spudding of the SAK-1 exploration well on Thursday, at the Lalla Mimouna Sud concession in Morocco, where it has a 75% working interest.
Great Western Mining finishes drilling at Mineral Jackpot
Great Western Mining announced the completion of its drilling programme at the Mineral Jackpot group of claims in Nevada’s Mineral County on Thursday, with four holes totalling 536 metres drilled in the main workings area.
Jaywing reports strong growth, announces possible acquisition
Marketing and data science company Jaywing said in a trading update on Thursday that its net revenue for the year ended 31 March was expected to have risen 16% to £23. 3m, as it also announced the possible acquisition of Midisi.
Ironveld contractors start work at South Africa smelter site
Ironveld announced on Thursday that, following completion of its recent placing to raise £4. 5m, its team of specialist contractors had now started work at the FCF Smelter site in Rustenburg, South Africa.
Broker tips: Strix Group, Jupiter Fund Management
Analysts at Berenberg lowered their target price on kettle controls manufacturer Strix Group from 310. 0p to 245. 0p on Thursday but said the firm was "not of steam".
Friday preview: US consumer confidence, UK GDP in focus
Investors' focus at the end of the week will remain focused on the US where another batch of inflation indicators are set for release.
FTSE 100 movers: Glaxo tumbles on litigation worries; Entain rallies
London’s FTSE 100 was down 0. 5% at 7,471. 41 in afternoon trade on Thursday.
Checkit revenue falls amid transition to recurring model
Operations management technology company Checkit said its annual recurring revenue was up 48% year-on-year in its first half on Thursday, to £10. 2m, although total revenue fell.
US open: Stocks trade higher following July's PPI reading
Wall Street stocks opened higher on Thursday following the release of last month's producer price index.
FTSE 250 movers: Savills down on earnings, Network Intl up
The FTSE 250 was down 0. 14% at 20,268. 95 at 1445 BST.
Ryanair CEO signals end of €10 fares, blames Brexit for airport chaos
Ryanair boss Michael O’Leary blamed Brexit for the airport worker shortage and indicted that cheap airfares may well be a thing of the past in light of surging energy prices.
MaxCyte hikes guidance after solid first half
Cell engineering company MaxCyte reported total first-half revenue of $21. 2m on Thursday, up 56% year-on-year, as it increased its guidance for the full year.
MP Evans monitoring changes to Indonesian export tax
Palm oil producer MP Evans said on Thursday that the Indonesian government was making changes to its palm oil export tax bands, effective immediately.
US producer prices fall in July, led by energy costs
A fall in energy prices saw wholesale inflation in the US register its first outright fall since April 2020.