No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
Market latest
FTSE 100 | FTSE 250 | Paris CAC 40 | Dow Jones | NASDAQ
10461.63 |
32.78 (0.31%)
23101.52 |
175.05 (0.76%)
52128.13 |
461.29 (0.89%)
25764.99 |
177.96 (0.69%)
8385.49 |
44.78 (0.54%)
NaN |
0.00 (0.00%)
Prices delayed by at least 15 minutes
(Sharecast News) - London stocks were set to fall at the open on Wednesday as investors continue to mull developments in the peace talks between the US and Iran, and news that Andy Burnham is likely to replace Rachel Reeves as chancellor if he becomes prime minister.
The FTSE 100 was called to open down around 40 points.
According to the BBC, Burnham will offer Reeves a more junior cabinet position.
Meanwhile, the US and Iran were offering conflicting accounts of their nuclear discussions. According to the New York Times, President Trump said Iran had agreed to the "highest level" inspections, hours after an Iranian official said there were "no detailed discussions on the nuclear issue," as the two sides continued to present different narratives of their latest talks.
In corporate news, Primary Health Properties confirmed it was in advanced talks with an unnamed investor on the potential formation of a joint venture involving its private hospital portfolio.
PHP said it has been exploring a range of options to enhance the long-term value of the portfolio, including potential joint venture arrangements with "highly credible" investors.
Segro said it has rebuffed a 12.6bn takeover approach from US real estate giant Prologis, it emerged on Wednesday.
The San Francisco-based business, a specialist in logistics facilities, first approached the blue chip earlier in June with an indicative all-share proposal.
Segro "unequivocally rejected" the approach, which values the issued ordinary share capital at around 12.6bn, Prologis confirmed. But it has urged shareholders to encourage Segro's board to engage with it, arguing that a combination would create a "compelling value proposition".
Retailer B&M European Value Retail said it has appointed Atheeq Akbar as its next chief financial officer, with the former Asda executive set to join the group in February 2027.
Akbar currently serves as vicepresident of commercial finance at Asda. Before that, he held senior finance roles at Morrisons.
The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.