Stock market news from ShareCast

Stock market reports

• Europe close: Stocks slip amid Chinese regulatory worries
  Tue 27 July 2021 16:33
  (Sharecast News) - European stocks were still lower as sharp falls in Hong Kong and Shanghai-listed stocks dragged on investor sentiment around the world.
• London close: Stocks fall, pound rallies as Covid cases continue decline
  Tue 27 July 2021 16:22
  (Sharecast News) - London stocks closed in the red on Tuesday as investors waded through a raft of earnings, with consumer goods giant Reckitt pacing the decline after disappointing results, as Covid-19 case numbers continued to drop.
• US open: Stocks head south ahead of Q2 tech earnings
  Tue 27 July 2021 15:33
  (Sharecast News) - Wall Street stocks were in the red early on Tuesday as market participants digested earnings from some of the nation's biggest firms and prepped for a flurry of tech results after the close.
• Asia report: Markets mixed as Chinese tech plays plunge further
  Tue 27 July 2021 11:37
  (Sharecast News) - Markets in Asia finished in a mixed state on Tuesday, with Hong Kong's main index sliding more than 4% for the second session in a row, amid an ongoing sell-off in China-focussed technology plays.
• Asia report: Markets mixed as Chinese tech plays plunge further
  Tue 27 July 2021 11:37
  (Sharecast News) - Markets in Asia finished in a mixed state on Tuesday, with Hong Kong's main index sliding more than 4% for the second session in a row, amid an ongoing sell-off in China-focussed technology plays.

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Press round-up

• Tuesday newspaper round-up: Tesla, house prices, Hinkley Point, Ultra
  Tue 27 July 2021 07:31
  (Sharecast News) - Tesla made a profit of more than $1bn in the last three months even as it struggled to keep up with demand for electric cars in the face of a global chip shortage. The company announced Monday that it has made a profit of $1.14bn in its
• Monday newspaper round-up: British economy, Post Office, Selfridges
  Mon 26 July 2021 07:26
  (Sharecast News) - The British economy is growing at its fastest pace in 80 years and could recover its pre-pandemic size by the end of this year, according to a leading economic forecaster. Buoyed by the vaccine rollout and a bounce back in consumer spen

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Company news

• Wizz Air shareholders approve CEO bonus plan
  Tue 27 July 2021 15:30
  (Sharecast News) - Wizz Air shareholders have voted in favour of the budget airline's plan to pay chief executive Jozsef Varadi a bonus of up to £100m dependent on the achievement of certain targets.
• Growth in polymer demand continues for Itaconix
  Tue 27 July 2021 14:44
  (Sharecast News) - Plant-based polymer technology company Itaconix updated the market on its first half on Tuesday, reporting that growth in demand for its polymers had continued in the six months ended 30 June.
• Court of Appeal reopens £5bn dam collapse case against BHP
  Tue 27 July 2021 13:58
  (Sharecast News) - The Court of Appeal in London is reversing its decision over the £5bn Fundao dam collapse lawsuit against BHP, it was revealed on Tuesday, meaning 200,000 claimants would now be able to appeal a lower court's November decision to throw
• General Electric Q2 revenues grow, raises FCF forecasts
  Tue 27 July 2021 13:37
  (Sharecast News) - General Electric raised its full-year free cash flow forecast on Tuesday amid an expected boom in demand for its jet engines and spare parts thanks to a recovery in the aviation market that led to revenue growth throughout the second qu
• John Menzies trading 'slightly ahead' of market expectations
  Tue 27 July 2021 12:55
  (Sharecast News) - Aviation services group John Menzies said on Tuesday that it continues to trade "slightly ahead" of current market expectations, with weakness in European ground services offset by better trading elsewhere.

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Directors' dealings

• Director dealings: Essensys CEO lowers stake
  Tue 27 July 2021 16:32
  (Sharecast News) - Essensys revealed on Tuesday that chief executive Mark Furness had disposed of 2.21m ordinary shares as part of a placing.
• Director dealings: Watkin Jones chairman-designate makes share purchase
  Mon 26 July 2021 16:54
  (Sharecast News) - Watkin Jones revealed on Monday that chairman-designate Alan Giddins had acquired 64,000 ordinary shares in the AIM-listed residential rental property developer and manager.

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Sector review

• Sector movers: Defensives offset drag from Cyclicals, Telecoms down on 'profit taking'
  Fri 19 March 2021 16:05
  (Sharecast News) - Stocks on the FTSE 3500 were modestly lower at the end of the week, wiping out the week's gains in the process.
• Sector movers: Travel shares offset weakness in commodity stocks
  Mon 15 March 2021 16:11
  (Sharecast News) - London listed stocks were mixed at the start of the week, as hopes for a reopening of the UK economy were offset by the drag from miners and weakness in the oil patch.

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Aim and small cap news

AIM bulletins

• Tertiary Minerals plans second-phase trenching at Pyramid
  Tue 27 July 2021 15:53
  (Sharecast News) - Tertiary Minerals updated the market on its Pyramid Silver-Gold Project in Nevada on Tuesday, reporting that second-phase trench planning was now complete.
• Karelian carries out detailed sampling in Northern Ireland
  Tue 27 July 2021 15:47
  (Sharecast News) - Karelian Diamond Resources has carried out a detailed heavy mineral stream sediment sampling programme focused on the Colebrooke river in County Fermanagh in Northern Ireland, it announced on Tuesday.
• Cohort reports record full-year revenue and adjusted profit
  Tue 27 July 2021 14:37
  (Sharecast News) - Cohort reported record revenue and adjusted operating profit in its preliminary results on Tuesday, despite an estimated Covid-19 impact of £6m on group revenue and £0.2m on adjusted operating profit.
• Ergomed maintains order book growth in first half
  Tue 27 July 2021 14:29
  (Sharecast News) - Pharmaceutical service provider Ergomed reported total revenue growth of 38.8% in a first-half trading update on Tuesday, to £56m, with growth of 48.1% at constant currency.
• Ceres Power on track for first-half forecasts
  Tue 27 July 2021 14:23
  (Sharecast News) - Fuel cell and electrochemical technology company Ceres Power updated the market on its first half on Tuesday, reporting that revenue and other operating income for the six months ended 30 June would be around £17m, up from £8.9m in th

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Small cap bulletins

• Sabre misses 1H profit estimates, but analysts say outlook positive
  Tue 27 July 2021 12:21
  (Sharecast News) - Sabre Insurance posted modestly lower than expected profits for the front half of the financial year amid rising expenses.
• Bridgepoint shares rally on LSE flotation
  Wed 21 July 2021 10:35
  (Sharecast News) - Shares in private equity firm Bridgepoint Group rallied more than 20% early on Wednesday after pricing its initial public offering at 350.0p.

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