sharecast

{{ storiesRelated.title }}

Market Report
19 May
dl smart metering systems aim sms power electricity energy infrastructure technology grid scale batteries logo
Smart Metering maintains forecast after strong recent trading

Smart Metering Systems reported a strong recent performance in a trading update on Thursday, with index-linked annualised recurring revenue (ILARR) growing to £91. 4m as at 30 April from £85. 9m on 31 December.

19 May
dl nyse new york stock exchange wall st street city finance dow jones nasdaq sp finance dollar dollars us usa united states of america
US pre-open: Dow Jones futures in the red following worst session since June 2020

Wall Street futures were firmly in the red ahead of the bell after both the Dow Jones and S&P 500 booked their worst single-day losses in almost two years in the previous session.

19 May
dl merger two logos 20220519
CMA finds Veolia-Suez merger could see waste bills rise

The competition regulator has found that the merger of Veolia and Suez would lead to a loss of competition in waste and water management services, it announced on Thursday.

19 May
manufacturing dl factory
Manufacturing output grows in May but confidence falls - CBI

Manufacturing output grew at its fastest pace in ten months over the quarter to May, but confidence fell further, according to a survey released on Thursday by the Confederation of British Industry.

19 May
Europe midday: Shares extend losses as retailers start to feel the heat

European shares extended losses at midday on Thursday after US equities were sold off on the back of poor earnings from retailer Target and Britain's Royal Mail warned of cost cuts and price rise.

19 May
dl city of london financial district square mile river thames blackfriars unsplash
London midday: Stocks fall further amid growth worries

London stocks had extended losses by midday on Thursday, having taken their cue from a selloff on Wall Street, amid growing concerns about global growth.

19 May
dl provident financial group credit lender finance vanquis bank
Provident Financial Q1 trading in line with management expectations

Lender Provident Financial said on Thursday that it had continued to trade in line with internal expectations during the first three months of the year, adding that it remained on track to meet full-year market expectations.

19 May
dl tokyo japan asia night city scene pb
Asia report: Most markets join sell-off amid slew of data

Most equity markets in the Asia-Pacific region joined the global sell-off on Thursday, following a dire session on Wall Street overnight which saw the Dow Jones Industrial Average tumble almost 1,200 points.

19 May
iag dl british airways jet airliine
IAG orders 50 new Boeing aircraft

British Airways parent International Consolidated Airlines Group has reached an agreement with Boeing to order 25 737-8200 and 25 737-10 aircraft, plus 100 options.

19 May
fevertree dl fever tree gin tonic soft drinks retail pub 2
Fevertree makes 'solid start' to year, reiterates FY guidance

Drinks maker Fevertree said on Thursday that it has made "a solid start to the year", with year-to-date trading in-line with internal expectations.

19 May
dl capital and regional cal capital regional shopping centre mall property retail investor logo
Capital & Regional confident in ongoing recovery in footfall

Capital & Regional reported a strong ongoing recovery in an update on Thursday, saying that in the first four months of 2022, footfall was 193. 3% of the same period last year.

19 May
dl bhp billiton miner mining iron ore western australia south flank ftse 100 min
Woodside shareholders approve BHP petroleum merger

Woodside Petroleum shareholders have approved a $41bn all-share merger with BHP’s petroleum business.

19 May
dl great portland estates property development investor ftse 250
Great Portland confident in London's recovery after 'robust' year

Great Portland Estates reported a “robust” set of full-year results on Thursday, with IFRS net asset value and EPRA net tangible assets per share rising 7. 2% over the year to 835p, as the board described ongoing confidence in London’s recovery.

19 May
dl qinetiq engineering aerospace defence utilities services outsourcing contractor logo ftse 250
Qinetiq FY underlying profits fall despite modest revenue growth

Defence firm Qinetiq said on Thursday that full-year underlying operating profits had fallen in the year ended 31 March despite seeing a modest uptick in annual revenues.

19 May
dl euromoney institutional investor financial services finance information business events awards logo ftse 250
Euromoney to exceed full-year expectations after strong first half

Euromoney reported a “strong” first half on Thursday, with group revenue rising an underlying 14% year-on-year to £184. 6m, as it lifted its expectations for full-year performance.

19 May
dl darktrace software technology cybersecurity computers laptop ftse 250 min
Darktrace distances itself from HP-Autonomy legal row

Cybersecurity firm Darktrace responded to reports on Thursday that one of its executives had been linked to the legal row surrounding Autonomy’s sale to Hewlett Packard.

19 May
dl countryside properties housebuilder house home builder construction development residential ftse 250 min
Countryside swings to H1 loss but backs FY guidance

Countryside Partnerships said on Thursday that it swung to a loss in the first half but backed its expectations for the year.

19 May
Europe open: Stocks slump after Target results jolt retailers

European shares fell sharply at the open on Thursday after US equities were sold off on the back of poor earnings from retailers as inflationary pressures started to hit the bottom line.

19 May
dl city of london financial district square mile river thames blackfriars unsplash
London open: Stocks slump after Wall Street selloff

London equity markets slumped in early trade on Thursday, taking their cue from a weak session on Wall Street, where stocks suffered their worst losses since June 2020.

19 May
dl airtel africa telecoms telecommunications mobile cellular broadband 5g logo website ftse 250 min
Airtel Africa's SmartCash subsidiary commences operations in Nigeria

Telecommunications firm Airtel Africa revealed on Thursday that its SmartCash Payment Service Bank subsidiary had commenced operations in Nigeria.