MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


FTSE falters after weak UK growth figures

StockMarketWire.com

The FTSE 100 gave back some of its gains by lunchtime after a report which showed UK GDP fell in December. At midday the index was up 0.4% to 7,099.12 having earlier been as much as 1% higher.

LARGE AND MID CAP RISERS AND FALLERS

Takeaways platform Just Eat gained 2% to 718.2p as hedge fund Cat Rock Capital, a 1.7% shareholder in the group, called for the company to enter merger talks with an industry peer.

Mike Ashley's Sports Direct dipped 0.1% to 270.1p as it apparently cans a bid (made on Friday night) for collapsed cafe chain Patisserie (CAKE).

Gold miner Acacia Mining ticked up 0.9% to 194p, despite swinging to an annual profit, as it forecast a broadly flat production performance in 2019.

Polymetal International rose 0.5% to 850.4p after it gave a green light to its Pox-2 gold project in Russia following completion of a feasibility study.

SMALL CAP RISERS AND FALLERS

Consumer goods group UP Global Sourcing, also known as Ultimate Products, rallied 10.3% as it forecast annual earnings ahead of current market expectations thanks to a jump in sales.

Self-storage group Lok'nStore climbed 5.7% as it boosted its first-half revenue by 7.7%.

Residential property developer Telford Homes rose 1.8% after it exchanged contracts to acquire a site in Stratford, London for £20.0m.

OptiBiotix Health gained 3.7% to 86.5p after subsidiary ProBiotix Health appointed EIWA Trading as the exclusive distributor of its cholesterol and blood pressure-reducing probiotic product in Japan.

Gambling group Stride Gaming sparked 6.3% higher to 110p on revealing that it was considering strategic options, including a potential sale of the company.

Story provided by StockMarketWire.com