Market Pulse
US pre-open: Stocks set to recover as investors eye inflation data
US stocks looked set to bounce back from the previous session’s losses on Thursday as investors eyed the latest reading on inflation.
London midday: Stocks bounce back from heavy losses
London stocks had extended gains by midday on Thursday, bouncing back from the heavy losses seen in the previous session after tensions between the US and China escalated.
ASOS warns full-year sales growth will be at bottom end of guidance
Shares in fashion retailer ASOS tumbled on Thursday as it warned that full-year sales growth would be "towards the lower end" of its previous guidance for between 25% and 30%, but analysts argued that the drop in the share price was a good buying opportunity.
Trade tussle will heap more pressure mining stocks - UBS
Base metals have borne the brunt of negative sentiment so far, given higher exposure to trade, but UBS retained its 'overweight' global mining call, but said risks are rising.
ReNeuron 'well funded' for next round of development
Therapeutics developer ReNeuron told investors that it was well-funded for the next round of development.
Rio Tinto to sell interest in Grasberg mine for $3.5bn
Rio Tinto has agreed to sell its stake in the Grasberg copper mine to Indonesia’s state mining company PT Inalum for $3. 5bn.
Europe midday: Stocks bounce back on speculation around US-China trade talks
Stocks are staging a partial come back from the previous day's losses on the back of talk in markets that officials in both Beijing and Washington might be eyeing the possibility of restarting talks on trade.
Caledonia's Blanket Mine keeps company on track for 2018
Caledonia Mining Corporation announced quarterly gold production from the Blanket Mine in Zimbabwe for the period ended 30 June on Thursday, with approximately 12,657 ounces of gold produced during the quarter - 2% below production in the first quarter, and 1% above production in the second quarter of 2017.
Price point a strength in London, Telford Homes tells shareholders
Investors in London-focussed residential property developer Telford Homes were told that the company was continuing to perform “well” on Thursday, as they gathered for its annual general meeting.
Dunelm profits fall 7% but underlying margins improve
Dunelm reported flat like-for-like revenues and a large pile of unsold clearance stock in the fourth quarter, meaning the homewares retailer expects full year underlying profit to fall almost 7%.
London open: Stocks recover from losses; Sky rallies as Comcast ups offer
London stocks edged higher in early trade on Thursday, bouncing back from the heavy losses seen in the previous session after tensions between the US and China escalated.