Tobacco stocks finished higher against the backdrop of a small bounce for London shares more generally, boosted by an upgrade out of analysts at RBC.
European stocks finished the Tuesday session on a mixed note despite the sell-off endured over the previous three sessions with French and Spanish shares weaker due to concerns around the still quickly rising number of Covid-19 infections in both.
The focus over the coming week will continue to be on the Federal Reserve as its chairman, Jerome Powell, testifies before the US House of Representative's panel on Covid-19.
London’s top-flight index closed in positive territory on Tuesday, steadying after heavy losses in the previous session as investors mulled updates from the likes of Kingfisher and Whitbread.
Citigroup has slashed its price target for EasyJet as it reduced full-year forecasts for the low-cost carrier.
Record revealed on Tuesday that chairman Neil Record had disposed of 4. 0m ordinary shares in the London-listed currency manager.
Construction materials company SigmaRoc has acquired the remaining 60% of South Wales-based quarrying group GDH, it announced on Tuesday.
East Africa-focussed gold producer Shanta Gold announced the expansion of processing capacity at the New Luika Gold Mine on Tuesday.
London’s FTSE 250 was down 0. 1% at 16,861. 24 in afternoon trade on Tuesday.
Analysts at Morgan Stanley expressed a preference for soft drinks within the wider Beverages universe, reiterating their 'overweight' stance for the likes of CCH and Britvic.
Imperial Brands: RBC Capital Markets upgrades to outperform with a target price of 1,900. 0p.
Second-hand home sales continued growing at a brisk pace last month, the latest available industry data showed.
Wall Street trading got off to a mostly positive start on Tuesday ahead of testimony from Federal Reserve Chairman Jerome Powell later in the day.
London’s FTSE 100 was up 0. 7% at 5,846. 40 in afternoon trade on Tuesday following heavy losses in the previous session.
Citigroup has slashed its price target for easyJet as it reduced full-year forecasts for the low-cost carrier.
The government has announced a fresh range of restrictions to be in place for at least six months after the number of Covid-19 cases surged.
Networking technology company Ethernity has signed a contract to provide an Indian telecoms original equipment manufacturer (OEM) with end-to-end system functionality, it announced on Tuesday, to enable up to 360Gbps cell site router (CSR) appliances.
Hikma Pharmaceuticals lowered its guidance for 2020 on Tuesday, following a response letter from the US Food and Drug Administration (FDA) over the abbreviated new drug application for its generic version of GlaxoSmithKline's ‘Advair Diskus’, or fluticasone propionate and salmeterol inhalation powder, it announced on Tuesday.
Iodine and specialty Iofina has signed binding documentation to refinance its entire debt, it announced on Tuesday, by entering into a new loan agreement with the Cincinnati-based US regional bank First Financial Bank.
Buy shares of fashion retailer Superdry on weakness, broker Liberum said on Tuesday.