Mon, 25th Apr 2016 07:19
London stocks were trading slightly lower on Wednesday as strong performances from mining and telecommunications stocks were outweighed by weakness in the utility and real estate sectors. As of 3:00, the FTSE 250 was trading 66 points lower at 16,121. Allied Minds topped the fallers on reports that
Read moreShares in Allied Minds, the science and technology company, were down more than 9% on Wednesday after a share placing. House broker Jefferies said the Allied Minds placing, which was on behalf of Invesco, raised gross proceeds of £90.4m. The company sold 16m ordinary shares at a price of 565p per s
Read moreUK stocks edged higher on Wednesday morning though a raft of disappointing blue-chip earnings limited upside for the FTSE 100. The Footsie was up just 0.02% at 6,996.36 early on with Vodafone leading the way on the back of speculation surrounding a Liberty Global merger. However, results and update
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