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ShareCast News - Market Report

FTSE 100 movers: Supermarkets lead downside after Sainsbury lowers outlook

Sainsbury was in the red after it cut its annual sales forecast and said it was reviewing its dividend. Its second quarter figures were better-than-expected, although it still posted a drop of 2.8% in like-for-like sales.
[46 Minutes Ago]

FTSE 250 movers: Afren leads risers as Ferrexpo continues to slide

Afren was rising strongly after it late on Tuesday released a statement saying its ongoing independent review had found no further evidence relating to the receipt of unauthorised payments. The review is expected to be completed by mid-October.
[2 Hours Ago]

London midday: Grocers pummelled after latest update from Sainsbury

The Footsie was declining come midday following the release of weaker than expected survey readings for the manufacturing sector in the Eurozone and UK.
[5 Hours Ago]

London open: Stocks slightly lower after Eurozone PMIs

The Footsie has begun the Wednesday session trading lower following downbeat performances from both US and Asian markets overnight and ahead of the latest manufacturing sector data out Stateside this afternoon.
[7 Hours Ago]

London pre-open: FTSE to open lower ahead of manufacturing PMIs

London-listed stocks are expected to start Wednesday's session on the backfoot following downbeat performances from both US and Asian markets overnight and ahead of manufacturing sector readings due out across the globe.
[9 Hours Ago]

London close: Stocks end lower after data-heavy day, retailers drag

London's blue chips ended Tuesday on a weaker note, as investors responded to a data-heavy session against a backdrop of the on-going protests in Hong Kong.
[Yesterday 16:39]

FTSE 100 movers: Broker comment lifts Associated British Foods

Associated British Foods climbed after Credit Suisse upgraded the stock to 'outperform' with a target price of 3,000p.
[Yesterday 15:57]

FTSE 250 movers: RPC jumps after upping revenue forecast

Shares in RPC Group got a lift after it revealed its half-year revenues are expected to be "significantly" ahead of the same period last year thanks to recent acquisitions and growth in the US, coffee capsules and UK DIY markets.
[Yesterday 15:14]

London midday: Euro keeps sliding as inflation undershoots

Stocks were holding slightly lower come midday with traders keenly focused on weakness in the European single currency following the latest batch of economic data out of euroland.
[Yesterday 12:25]

London open: Stocks start the day slightly lower, but RBS jumps

Stocks started the Tuesday session slightly lower, weighed down by weakness overnight in Asian markets, although Wall Street did manage to finish off its intra-session lows.
[Yesterday 09:18]

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