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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: 585.40
Bid: 585.20
Ask: 585.80
Change: -0.60 (-0.10%)
Spread: 0.60 (0.103%)
Open: 590.00
High: 590.40
Low: 576.60
Prev. Close: 586.00
DARK Live PriceLast checked at -

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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)

More News
20 Feb 2023 07:53

LONDON BRIEFING: Darktrace calls in E&Y; Bank of Cyprus payout near

(Alliance News) - Stocks in London were set to open higher on Monday, following a decent handover from Asia, as equities look to reverse some of Friday's weakness that was prompted by US rate hike fears.

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20 Feb 2023 07:11

Darktrace appoints E&Y to conduct review of financial controls

(Sharecast News) - Cybersecurity firm Darktrace has appointed Ernst & Young to provide an independent third-party review of its key financial processes and controls.

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9 Feb 2023 09:13

LONDON MARKET OPEN: BAT falls on sales miss; Entain hit by MGM remark

(Alliance News) - Stock prices in London opened higher on Thursday, as investors digested a mixed set of UK company earnings.

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9 Feb 2023 08:59

Darktrace unveils Prevent/OT to pre-empt infrastructure cyber-attacks

(Alliance News) - Darktrace PLC on Thursday said its Prevent/OT product is now available for use in pre-empting cyber attacks on "the world's most critical infrastructure".

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9 Feb 2023 07:17

Darktrace closes largest deal to date with critical infrastructure organisation

(Sharecast News) - Cybersecurity firm Darktrace has closed its largest deal to date with a critical infrastructure organisation as part of an effort to get ahead of state-sponsored attacks and support digital transformation.

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3 Feb 2023 15:17

TRADING UPDATES: GCP Infra hails NAV rise; Jadestone profits from oil

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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1 Feb 2023 17:08

LONDON MARKET CLOSE: FTSE 100 in the red as US Fed decision looms

(Alliance News) - Stocks in London were mixed at the close on Wednesday as markets looked ahead to the US Federal Reserve's next interest rate decision.

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1 Feb 2023 14:33

UPDATE: Darktrace refutes allegations made in Quintessential report

(Alliance News) - Darktrace PLC on Wednesday denied allegations made in a report by Quintessential Capital Management on Tuesday.

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1 Feb 2023 14:11

Darktrace defends itself after QCM attack as saga rages on

(Sharecast News) - The chief executive of Darktrace put out a statement on Wednesday defending the cyber security firm after it came attack under attack from a short seller earlier this week.

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1 Feb 2023 11:36

Darktrace sets GBP75 million share buyback after short-seller report

(Alliance News) - Darktrace PLC on Wednesday announced a share buyback, a day after a short-seller attacked Darktrace's management and operations.

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1 Feb 2023 09:33

LONDON BROKER RATINGS: Citigroup cuts Persimmon; HSBC raises Asos

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

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1 Feb 2023 07:19

Darktrace announces 35m share buyback after short seller attack

(Sharecast News) - Cyber security firm Darktrace announced a share buyback on Wednesday of up to 35m shares.

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31 Jan 2023 15:53

IN BRIEF: Darktrace notes Quintessential report; "was not contacted"

Darktrace PLC - Cambridge, England-based cybersecurity business - Notes that Quintessential Capital Management announced a 0.86% short position in relation to Darktrace. Says it was never contacted by authors of the report for information. Darktrace says: "We have never been contacted by the authors of this report for information. As a UK listed business, our management team and board take our fiduciary responsibilities very seriously and have full confidence in our accounting practices and the integrity of our independently audited financial statements. We have rigorous controls in place across our business to ensure we comply fully with IFRS accounting standards. We're proud of the business we have built, which today helps to protect over 8,100 customers around the world from cyber disruption."

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31 Jan 2023 12:35

Darktrace hits out after short seller takes stake

(Sharecast News) - With its shares under pressure for the second day in a row, Darktrace hit back on Tuesday after Quintessential Capital Management reported a net short position in the cyber security firm and questioned the validity of its financial statements.

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25 Jan 2023 11:47

Morgan Stanley says broader growth story intact at Darktrace, upgrades

(Sharecast News) - Analysts at Morgan Stanley upgraded their recommendation for shares of Darktrace from 'equalweight' to 'overweight', arguing that the "broader growth story remained intact".

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