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Markets

LSE Volume: 3,074 M
Avg Vol: 4,308 M -29%
Fallers
2,570
Unchanged 513
Risers
1,688

FTSE slumps as airlines remain weak

Weakness in cigarette sellers and airlines continued to weigh on the FTSE 100, which finished Friday down 0.8% at 7,323.

Renewables Infrastructure profit soars by 63%

The Renewables Infrastructure Group (TRIG) made a profit before tax of £31.1 million in the first half, an increase of 63%.

Kingspan revenues and trading profits up

Kingspan's revenue rose by 19% to €1.75bn in the six months to the end of June (pre-currency, up 21%) and trading profit was up 6% at €177.8m, (pre-currency up 10%).

CATCo strong H1 with no significant losses

CATCo Reinsurance Opportunities Fund has reported another strong first half with no significant insured losses.

Forbidden expands deal with iconic venue

Forbidden Technologies has agreed an expanded deal with an iconic sports, music and entertainment venue in New York.