UK Stock Market News
FTSE 250 welcomes five new faces
As a result of its quarterly review, FTSE Russell – part of LSE Group (LSEG) – has moved five stocks
Frasers earnings flattered by derivative gains
FRASERS GROUP (FRAS) – Retail Price: 724p unch P/E: 7.8x Market Cap: £3.1bn Yield: n/a Retail group Frasers posted a
Balfour Beatty keeps guidance, announces buyback
BALFOUR BEATTY (BBY) – Construction Price: 712p +0.4% P/E: 17.2x Market Cap: £3.5bn Yield: 1.9% International infrastructure group Balfour Beatty
ZIGUP accelerates to new year-high
ZIGUP (ZIG) – Business Services Price: 382p +12.2% P/E: 7.9x Market Cap: £854m Yield: 7.8% Integrated mobility solutions firm ZIGUP
MONY confirms full-year outlook
MONY GROUP (MONY) – Media Price: 189.2 +0.3% P/E: 11.8x Market Cap: £990m Yield: 7% Price comparison platform MONY (formerly
Smiths Group finds buyer for detection unit
SMITHS GROUP (SMIN) – Industrials Price: £24.74 +1.8% P/E: 21.8x Market Cap: £8bn Yield: 2% Industrial conglomerate Smiths Group has
Gear4Music raises outlook again
Gear4Music (G4M) – Retail Price: 308.5p +7.8% P/E: 15.9x Market Cap: £65.9m Yield: n/a Having raised guidance in June, September,
On The Beach shares fly on results
ON THE BEACH (OTB) – Travel & Leisure Price: 221p +14.8% P/E: 18x Market Cap: £320m Yield: 1.6% In the
Activist blocks Baillie Gifford trust merger
BAILLIE GIFFORD US GROWTH (USA) – Investment Trusts Price: 281.25p +0.5% NAV: Market Cap: £774m Yield: n/a It looks as
Michelmersh dips after second warning
MICHELMERSH BRICK HOLDINGS (MBH) – Building Materials Price: 83.2p -3.2% P/E: 12.5x Market Cap: £76m Yield: 5.4% AIM-listed brickmaker Michelmersh
Defence sales lift Gooch & Housego
AIM-listed photonics firm Gooch & Housego (LON:GHH) posted an impressive set of results for the year to 30 September. The
HICL investors derail TRIG merger
HICL INFRASTRUCTURE (HICL)– Investment Trusts Price: 117.6p +3.9% NAV: Market Cap: £2.17bn Yield: 6.5% The board of HICL has announced
Airlines fix software bug with no disruption
EASYJET (EZJ) – Travel & Leisure Price: 498.8p -0.1% P/E: 7.2x Market Cap: £3.75bn Yield: 2.7% Low-cost airlines EasyJet and
Brighter outlook for AB Dynamics
AB DYNAMICS (ABDP) – Technology Price: £13.11 -0.3% P/E: 26.9x Market Cap: £302m Yield: 0.8% More good news from AIM-listed,
Artemis wins Murray Income mandate
After a ‘comprehensive’ review of the company’s strategic options in pursuit of delivering improved performance and returns for shareholders, while
Johnson Matthey update falls flat
JOHNSON MATTHEY (JMAT) – Materials Price: £19.92 -4.6% P/E: 14.5x Market Cap: £3.35bn Yield: 3.8% Sadly, Johnson Matthey’s results for
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