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Trafigura Exits Atalaya Mining After £154m Overnight Placing

Atalaya Mining Copper (LON: ATYM), the European copper producer that operates the Proyecto Riotinto mine in southwest Spain, saw its shares fall sharply after commodity trading house Trafigura sold its entire remaining stake in an overnight placin

Asktraders News Team
Wednesday Morning Markets: FTSE 100 Flat as Investors Await US Inflation Data

London's benchmark index opened broadly unchanged on Wednesday, with the FTSE 100 flat and the FTSE 250 edging up 0.1%, as investors positioned cautiously ahead of key US inflation data due later today.

Sam Boughedda
Genuit Shares Steady as Guidance Holds Despite Adey Hit

Genuit Group (LON: GEN), the UK maker of water, climate and ventilation products for homes and buildings, held its full-year guidance despite a weak first half dragged down by two one-off charges at its Adey filtration business, and shares have stead

Asktraders News Team
Miners Rally as Gold and Silver Climb Ahead of US CPI

FTSE 100 mining stocks are higher today as gold and silver prices continue to climb, with US inflation data due later in the session setting up the next test for the rally. Gold traded near $4,399 an ounce, up 0.66% on the day, while silver stood ne

Asktraders News Team
Hill & Smith Shares Climb as Guidance Raised, US Strength Offsets UK Weakness

Shares in Hill & Smith (LON: HILS) edged lower on Wednesday morning, slipping around 0.3% to trade near 3,075p, even after the infrastructure products group raised its full-year profit guidance on the back of a strong fir

Asktraders News Team
Balfour Beatty Shares Jump After Strong Half-Year Results and Upgraded Guidance

Shares in Balfour Beatty (LON: BBY) jumped on Wednesday morning after the infrastructure group posted strong half-year results and raised its full-year profit guidance, citing robust momentum across its earnings-based busines

Asktraders News Team
BAE Systems: Analyst Cautious Despite Bullish Defence Sector View

RBC Capital initiated coverage of BAE Systems (LON: BA.) with a Sector Perform rating and a 2,200p price target on Tuesday, striking a cautious note on the stock even as it turned positive on the broader European defence sect

Sam Boughedda
Why On Holding Stock Just Hit a 2-Year Low

Shares of On Holding AG (NYSE: ONON) plunged as much as 22% on Tuesday, sinking to a roughly two-year low near $31.48 after the Swiss sportswear maker's second-quarter results fell short of Wall Street's revenue expectations,

Asktraders News Team
AppLovin Stock Slides After BofA Downgrade – Here Are the Key Levels to Watch

AppLovin's (NASDAQ: APP) stock tumbled around 6% on Tuesday after Bank of America downgraded the mobile-ad tech company to Neutral from Buy and slashed its price target to $400 from $430.

Asktraders News Team
Former Wall Street Darling Beyond Meat Stock Plunges Further – Here’s Why

Beyond Meat (NASDAQ: BYND) shares cratered nearly 20% on Tuesday, closing around $0.42 after opening at $0.44 and tumbling to a fresh low of $0.41 during the session, as investors digested the company's announcement of a 1-fo

Asktraders News Team
M&G, Legal & General Shares Slide After UBS Downgrades to Sell

M&G (LON: MNG) and Legal & General (LON: LGEN) shares fell on Tuesday after UBS downgraded both British financial services firms to "sell" from "neutral," adding to a broader wave of bearish analyst sentiment across t

Asktraders News Team
Afentra Shares Jump on Angola Oil Discovery and Well Restart

Afentra (LON: AET), the AIM-listed oil and gas producer focused on Angola, saw its shares surge sharply on Tuesday after announcing a significant oil discovery and the successful restart of a long-shut well offshore in Angola. The stock traded up 11

Asktraders News Team
IWG Shares Fall 2% Despite 11% Revenue Growth and Reiterated Guidance

IWG (LON: IWG), the flexible-workspace operator behind the Regus, Spaces and HQ brands, saw its shares fall more than 2% on Tuesday despite reporting an 11% rise in system-wide revenue for the first half of 2026 and reiterating its full-year profi

Asktraders News Team
Bellway Shares Flat as Order Book Shrinks Despite Volume Beat

Bellway (LON: BWY), the Newcastle-based housebuilder, said completions rose 10.8% to 9,695 homes in the year to 31 July, beating its own guidance of 9,300 to 9,500 homes. Shares were little changed on the update. The stock traded at 2,090p on Tuesda

Asktraders News Team
Lion Finance Profit Rises 17.3% as Georgia and Armenia Loan Growth Drives Payout Boost

Lion Finance Group (LON: BGEO), the London-listed parent of Bank of Georgia and Armenia's Ameriabank, reported earlier today that first-half profit rose 17.3% year-on-year to GEL 1,203.8m, with loan growth running well ahead of its own targets. Sh

Asktraders News Team
Shoe Zone Shares Jump on Cash Beat and Buyback Plan

Shoe Zone (LON: SHOE), the AIM-listed footwear retailer that runs 253 stores selling own-brand and licensed shoes including Skechers and Hush Puppies, saw its shares surge around a fifth after a pre-market update flagged a cash surplus and a new shar

Asktraders News Team
Tuesday Morning Markets: FTSE Lower as Oil Stocks Gain; Spirax, IWG Tumble on Results

The FTSE 100 slipped 0.2% and the FTSE 250 fell 0.2% in early Tuesday trading, tracking a soft tone across Europe, with Germany's DAX down 0.3% and France's CAC 40 off 0.1%, while the Euro Stoxx 50 edged up 0.1%.

Sam Boughedda
Seeing Machines Shares Choppy as EU Rule Change Drives First Profitable Half

Seeing Machines (LON: SEE), a maker of AI-powered driver and occupant monitoring systems for carmakers, said its second half turned profitable as new European safety rules drove a surge in vehicle production volumes. Shares were trading choppily i

Asktraders News Team
Spirax Group Shares Slide Despite Beating Growth Guidance

Spirax Group (LON: SPX), the Cheltenham-based industrial engineer supplying thermal energy and fluid-technology equipment, saw its shares fall sharply today after half-year results beat growth guidance on paper. Revenue and profit both grew faster

Asktraders News Team
IHG Posts Double-Digit Profit Growth But Shares Drop

Shares in InterContinental Hotels Group (LON: IHG) have declined as much as 2.1% on Tuesday, touching an intraday low of 150.95p and trading around 152.25p, down from Monday's close of 155.55p, even as the hotel giant posted

Asktraders News Team
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