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Pin to quick picksDarktrace Share News (DARK)

Share Price Information for Darktrace (DARK)

London Stock Exchange
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Share Price: 595.00
Bid: 0.00
Ask: 610.00
Change: 0.00 (0.00%)
Spread: 13.40 (2.246%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 595.00
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Miners drag FTSE 100 lower to snap 6-day winning streak

Thu, 31st Aug 2023 17:02

Glencore among top losers on FTSE 100

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Miners drag after weak China data

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Boohoo rises after Frasers raises stake in co

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FTSE 100 down 0.5%, FTSE 250 adds 0.2%

Aug 31 (Reuters) - UK's FTSE 100 snapped a six-day winning streak to end lower on Thursday, hurt by weak data from China and mining stocks trading ex-dividend, while hawkish remarks from Bank of England's Chief Economist Huw Pill weighed on the sentiment.

The blue-chip FTSE 100 index fell 0.5% but the midcap index logged 0.2% gains. Both the indexes marked their worst month since May.

Leading the losses, precious metal miners fell 2.3%. Gold miner Endeavour slipped 2.5% as the stock traded ex-dividend.

Industrial metal miners were down 0.7%, tracking lower copper prices after data showed China's manufacturing activity contracted for the fifth straight month in August.

"The China story is not a cleaned theme to the extent that the slower the data gets the more expectations build for a policy response," said Michael Metcalfe, head of macro strategy at State Street Global Markets.

Weighing further, Glencore dropped 2.5% after a media report said dozens of asset managers accused the miner of lying in past share prospectuses to cover up corrupt activities. Its shares were also trading ex-dividend.

Retailers climbed 0.9%, as it was confirmed on Wednesday that Marks & Spencer will rejoin Britain's FTSE 100 after a four-year hiatus. The stock was up 1.2%.

Online fashion seller Boohoo jumped 7.5% on British sportswear group Frasers raising its stake in the company, a regulatory filing showed.

British cyber-security company Darktrace added 2.6% after Jefferies raised its price target.

Financial trader CMC Markets was the bottom-performer on the mid-cap index, falling 7.7% after Jefferies cuts to "underperform" from "hold".

Meanwhile, BoE's Pill said the central bank will "see the job through" on bringing high inflation back down to its 2% target even if there is a risk that high interest rates hurt Britain's economy. (Reporting by Siddarth S and Khushi Singh in Bengaluru; Editing by Nivedita Bhattacharjee, Dhanya Ann Thoppil and David Evans)

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9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

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

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5 May 2024 13:51

Sunday newspaper round-up: Darktrace, National Insurance, Royal Mail

(Sharecast News) - An aura of mystery continues to linger over whether the biggest of Darktrace's shareholders are prepared to support Thoma Bravo's £4.2bn takeover. Among those is Mike Lynch, who is currently facing trial in the US over fraud claims linked to executive search software outfit Autonomy. Also unclear is the position of the Darktrace Employee Benefit Trust, which owned just under 8% of the company's shares. The trust is managed by Equiniti, which has nothing to do with the decision. - The Financial Mail on Sunday

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30 Apr 2024 09:46

LONDON BROKER RATINGS: Deutsche says buy Barr, Britvic and Fevertree

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

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26 Apr 2024 17:31

FTSE 100 continues record run, Darktrace rallies on buyout deal

Darktrace rallies after Thoma Bravo's buyout deal

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26 Apr 2024 16:53

LONDON MARKET CLOSE: Stocks rise despite robust US data

(Alliance News) - Stock prices in Europe closed higher on Friday, overlooking another red-hot US inflation reading, with the FTSE 100 achieving another record high.

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26 Apr 2024 16:35

London close: Stocks buoyed by banking, mining positivity

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

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26 Apr 2024 12:04

Thoma Bravo to buy UK's Darktrace for around $5.3 bln

Tech investor Thoma Bravo agrees deal for London-listed firm

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26 Apr 2024 11:53

LONDON MARKET MIDDAY: FTSE 100 continues record breaking week

(Alliance News) - The FTSE 100 hit a fresh height on Friday, rounding off a record breaking week for the index, as investors eye US inflation data this afternoon.

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26 Apr 2024 09:22

TOP NEWS: Darktrace accepts USD5 billion private equity takeover offer

(Alliance News) - Darktrace PLC on Friday said it has agreed to an all-cash takeover offer worth USD5.32 billion from funds managed by private equity firm Thoma Bravo LP.

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26 Apr 2024 09:14

LONDON MARKET OPEN: Thoma Bravo snaps up Darktrace for USD5 billion

(Alliance News) - Stock prices in London opened higher on Friday, as investors shook off nerves ahead of US inflation data this afternoon.

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26 Apr 2024 08:42

Darktrace agrees to be bought by Thomas Bravo in $5bn deal

(Sharecast News) - Darktrace announced on Friday that the newly-formed Thoma Bravo entity, Luke Bidco, had agreed to acquire it in an all-cash deal.

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11 Apr 2024 17:13

FTSE 100 edges lower as financials drag

Lok'nStore surges to all-time high after buyout by Shurgard

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11 Apr 2024 15:56

London close: Stocks finish lower as ECB stands pat

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

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11 Apr 2024 11:50

LONDON MARKET MIDDAY: Europe takes hit on nerves ahead of ECB decision

(Alliance News) - European equities sunk lower at midday on Thursday, with sentiment hurt by hotter-than-expected inflation from the US crushing hopes of interest rate cuts.

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11 Apr 2024 09:53

Berenberg hikes target price on Darktrace following Q3 results

(Sharecast News) - Analysts at Berenberg raised their target price on software and services firm Darktrace from 600.0p to 630.0p on Thursday after the group's third-quarter results earlier this morning demonstrated a continuation of "strong momentum" seen in Q2.

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