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Pin to quick picksAscential Share News (ASCL)

Share Price Information for Ascential (ASCL)

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Share Price: 314.40
Bid: 313.20
Ask: 313.80
Change: 2.80 (0.90%)
Spread: 0.60 (0.192%)
Open: 310.40
High: 314.40
Low: 310.20
Prev. Close: 311.60
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LONDON MARKET OPEN: Gold Miners Climb Amid Tanker Trouble

Fri, 14th Jun 2019 08:43

(Alliance News) - Stocks in London started the day mixed on Friday, with gold miners gaining as the price of the safe haven asset rises further following an escalation in military tension between the US and Iran.The FTSE 100 index was down 17.47 points, or 0.2%, at 7,351.1 in early trade.The FTSE 250 was 9.63 points higher, or 0.1%, at 19,182 while the AIM All-Share was down 0.2% at 936.77.The Cboe UK 100 index was down 0.3% at 12,455.66. The Cboe UK 250 was marginally higher at 17,215.85, with the Cboe UK Small Companies down just 0.1% at 11,630.77.On mainland Europe, the CAC 40 in Paris and DAX 30 in Frankfurt both were down, 0.2% and 0.3% respectively. In a quiet day for UK corporate news, gold miners rose, tracking the price of the precious metal higher. Gold was quoted at USD1,355.66, up from USD1,336.70 late on Thursday. The price is up 1.8% in the past five days and 4.2% in the past 30 days.Mexico's Fresnillo was up 1.9% in the FTSE 100, while midcap peers Hochschild Mining and Centamin were up 1.6% and 2.9% respectively.Heating and plumbing products firm Ferguson was down 0.5% in the FTSE 100, as Berenberg cut its rating on the stock to Hold from Buy. In the FTSE 250, insurer Lancashire Holdings was likewise lower, down 2.4%, after a ratings cut. Peel Hunt has reduced its rating for the stock to Hold from Add. However Royal Mail, which was recently demoted from the FTSE 100, was 1.7% higher as Societe Generale raised its rating to Hold from Sell.Business-to-business media firm Ascential was down 1.7% after it confirmed it is trading in line with expectations for 2019.The Product Design business is set for 9% organic revenue growth in the six months to June, with subscriptions growth boosted by "excellent" progress by the Mindset advisory product.Ascential has guided for the Marketing unit to deliver 12% organic interim revenue growth, while the Sales business is set for 3% organic revenue growth.Events in both segments are doing well, Ascential said, while Built Environment & Policy is also meeting expectations.Elsewhere, recruiter SThree rose 3.6% as it reported an "encouraging" first half performance, meeting the company's own expectations.Group net fees for the six months to June rose 9% to GBP163.0 million, and were consistent across both quarters. All regions outside of the UK & Ireland registered double-digit net fee growth, but the UK & Ireland's slumped 9%. SThree's core Contract unit net fee growth rose 12% year-on-year to GBP121.1 million, but Permanent net fees fell 1% to GBP41.9 million. The second quarter was particularly strong in Contract, the firm said.On AIM, software Scisys Group surged 22% as it agreed a GBP78.9 million takeover deal with Canadian IT services and business consultant CGI. CGI will pay 254.15 pence per Scisys share, with the stock at 249.38p early Friday. The offer price is a 25% premium to Scisys' closing price Thursday of 204p. US Central Command has released a video it says shows crew from an Iranian patrol boat removing an unexploded limpet mine from one of the tankers attacked on Thursday.Hours after the initial explosions the boat "was observed and recorded removing the unexploded limpet mine from the MT Kokuka Courageous", spokesman Bill Urban said in a statement alongside the video.Iran earlier "categorically" rejected the "unfounded claim" by US Secretary of State Mike Pompeo that it was responsible for the attacks, as concerns rise that a wider conflict in the region could be sparked by the incidents.In a statement, Tehran's mission to the UN accused the US and its regional allies of "warmongering".Iran's Supreme Leader, Ayatollah Ali Khamenei, also ruled out any future negotiations with the US on Thursday, during a meeting with Japanese Prime Minister Shinzo Abe."Iran does not trust the US," Khamenei said in Tehran. "We have already had the bitter experience with the Americans over the nuclear deal and do not want to repeat this experience."Meanwhile, the Japanese operator of the Kokuka Courageous tanker has said crew members saw "flying objects" before the explosion. Speaking at a news conference in Tokyo on Friday, Kokuka Sangyo President Yutaka Katada denied the tanker had been hit by a torpedo.Brent oil was quoted at USD61.27 a barrel, down from USD61.80 late Thursday, though still up from late Wednesday, prior to the attacks, when it was quoted at USD60.85 a barrel.The pound was at USD1.2663, down from USD1.2683 Thursday, after frontrunner Boris Johnson eased to victory in the first round of voting for a new Conservative leader, and UK prime minister, on Thursday afternoon.Eurozone finance ministers have made progress on establishing a budget tool for the 19-member currency bloc during a marathon meeting in Luxembourg, dpa reported early Friday.However several important issues remained unresolved, including how the budget would be financed.French Finance Minister Bruno Le Maire called the results of the meeting a "breakthrough."In the US on Thursday, Wall Street ended in the green, with the Dow Jones Industrial Average closing up 0.4%, the S&P 500 also up 0.4%, and the Nasdaq Composite 0.6% higher.The Japanese Nikkei 225 index closed up 0.4%. In China, the Shanghai Composite ended down 1.0%, while the Hang Seng index in Hong Kong is 0.8% lower in late trade.Later Friday there are Italy's inflation readings at 1000 BST and US retail sales at 1330 BST.In addition, Bank of England Governor Mark Carney speaks at the Women in Banking & Finance 22nd Anniversary Awards for Achievement lunch at 1355 BST.

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4 Apr 2024 15:58

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

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4 Apr 2024 14:26

FTSE 250 movers: Media stocks Future and Ascential see shares surge

(Sharecast News) - Future stole the show on Thursday after the media group reported a return to organic revenue growth in its second quarter, largely attributed to robust performances in Go.Compare, B2B sectors, and resilient magazine sales.

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4 Apr 2024 09:31

Ascential fleshes out GBP850 million shareholder return proposals

(Alliance News) - Ascential PLC on Thursday provided further details on plans to return GBP850 million to shareholders, outlined in March.

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4 Apr 2024 08:47

LONDON MARKET OPEN: Shares rise despite US interest rate unease

(Alliance News) - London's FTSE 100 edged higher on Thursday morning, despite lingering US interest rate worries hanging over equities, while gold notched another record high in earlier trade.

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4 Apr 2024 08:41

Ascential lays out plans to return £850m to shareholders

(Sharecast News) - Ascential expanded on its plans to return £850m to shareholders on Thursday, involving a tender offer to acquire up to £300m of Ascential shares, a special dividend of at least £450m, and on-market share buyback programmes to acquire £100m of Ascential shares.

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4 Apr 2024 07:43

LONDON BRIEFING: Vodafone-Three deal faces deeper UK probe

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, despite remarks from Federal Reserve Chair Jerome Powell failing to soothe lingering interest rate worries.

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26 Mar 2024 09:40

LONDON BROKER RATINGS: Dr Martens cut to 'sell'; BofA likes Tullow

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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22 Mar 2024 08:59

LONDON BROKER RATINGS: RBC cuts St James's Place; HSBC cuts Ascential

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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22 Mar 2024 07:40

LONDON BRIEFING: UK retail sales slightly better than expected

(Alliance News) - Stocks in London are called to open slightly lower on Friday, as investors pause for breath after a busy week of interest rate decisions.

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21 Mar 2024 11:11

Ascential profit dives on higher costs, future "exciting"

(Alliance News) - Ascential PLC on Thursday said it intends to return GBP850 million to its shareholders as it reported a dive in annual profit amid an optimistic outlook.

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21 Mar 2024 08:23

Ascential unveils £850m capital return as resized business delivers strong growth

(Sharecast News) - Ascential saw shares rise on Thursday after the events, intelligence and advisory company announced a capital return of £850m to shareholders after beating analysts' forecasts with its 2023 results.

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2 Feb 2024 09:05

IN BRIEF: Apax Global Alpha invests in WGSN as fund closes acquisition

Apax Global Alpha Ltd - Guernsey-based investor in technology, services, healthcare, internet and consumer-focused firms, providing access to the private equity investments of Apax Partners LLP - Invests approximately EUR21.5 million in WGSN Ltd on a look-through basis. Limited partner Apax XI Fund announced on Thursday it had closed the acquisition of WGSN from London-based business-to-business media and events company Ascential PLC. WGSN, also headquartered in London, "is the world's leading consumer trend forecaster" with a platform designed to help clients use data to "make critical design and purchasing decisions". Apax Global says WGSN will now, in partnership with the Apax funds, focus on enhancing and expanding its product design and consumer insight products.

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5 Jan 2024 16:04

Director dealings: Ascential CFO makes share disposal

(Sharecast News) - Ascential revealed on Friday that chief financial officer Mandy Gradden had disposed of 850,000 ordinary shares in the FTSE 250-listed business-to-business media group.

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5 Jan 2024 09:22

IN BRIEF: Ascential CFO Mandy Gradden sells GBP2.4 million in shares

Ascential PLC - London-based business-to-business media and events - Chief Financial Officer Mandy Gradden sells 850,000 shares at GBP2.88, worth GBP2.4 million, on Thursday. Gradden retains 424,962 shares and also has share awards representing another 1.2 million shares.

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2 Jan 2024 12:05

Ascential sells digital commerce business and signs credit facility

(Alliance News) - Ascential PLC on Tuesday said it has completed the sale of its digital commerce business, as well as a new financing deal.

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