European stocks were lower on Wednesday as investors were left unimpressed by a key speech from US President Trump and as unrest in Hong Kong continued to escalate.
Analysts at Barclays reiterated NMC Health (overweight; target price: 4,275. 0p) as their 'top pick' within the sector following a roadshow by the company's management earlier in the same week.
London stocks ended the day slightly in the red on Wednesday after an eagerly-awaited speech by US President Trump left investors disappointed, while escalating unrest in Hong Kong also weighed on the mood.
Renold on Wednesday reported a slight drop in interim profits and said revenue had remained flat due to a challenging economic backdrop.
Bonhill Group revealed on Wednesday that chief executive Simon Stilwell had purchased 74,500 ordinary shares in the AIM-listed business-to-business media firm.
Anylsts at Berenberg reiterated their 'hold' rating on ITV on Wednesday, stating the group appeared to be 'robbing Peter to pay Paul'.
Eco Atlantic Oil & Gas updated the market following initial well results analysis on its two recent oil discoveries in Guyana on Wednesday.
London's FTSE 100 was down 0. 2% at 7,353. 32 in afternoon trade on Wednesday.
London's FTSE 250 was down by 0. 91% at 20,240. 28 in afternoon trading on Wednesday, as Tullow Oil pulled the index lower.
US stocks opened lower on Wednesday as market thumbed over notes from Federal Reserve chairman Jerome Powell's testimony to the Joint Economic Committee of Congress later in the session.
The head of the Federal Reserve sounded a confident note on the economic outlook on Wednesday and appeared to signal that the central bank's monetary policy was likely set to remain at its current level for an extended period.
Velocys has constructed and now delivered Fischer-Tropsch (FT) reactors and catalyst to Toyo Engineering Corporation for use in a biomass-to-jet fuel demonstration facility in Nagoya, Japan, it announced on Wednesday.
Micro combined heat and power (microCHP) boiler developer Inspirit Energy Holdings updated shareholders on its recent progress on Wednesday, announcing that it had taken further steps in applying its Stirling engine application for its mCHP boilers in “diversified” sectors.
Tech Data has agreed to be bought by private equity firm Apollo Global Management in a $5. 4bn deal.
Gas-to-energy technology company Eqtec announced on Wednesday that, via its wholly-owned subsidiary Eqtec Iberia, it has entered into an agreement for the development of a proposed 1. 18 MW net biomass gasification power plant project in Gratens, France.
Aircraft material kits manufacturer Velocity Composites turned in a slight drop in annual revenues on Wednesday but still expects full-year results to be in line with market expectations.
The cost of living in the US increased more quickly than expected last month amid rapid increases in food and energy prices, especially for the latter, but stripping out those two categories it surprised to the downside.
Tesla CEO Elon Musk announced on Tuesday that the company’s fourth Gigafactory will be built in Berlin, Germany and added that the UK was not a suitable location due to the Brexit related uncertainty.
US futures had stocks opening lower on Wednesday as market participants looked forward to an address from Federal Reserve chairman Jerome Powell later in the session.
European stocks were lower at lunchtime on Wednesday as investors were left unimpressed by a key speech from US President Trump and as unrest in Hong Kong continued to escalate.