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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: 588.80
Bid: 588.00
Ask: 588.20
Change: 3.40 (0.58%)
Spread: 0.20 (0.034%)
Open: 585.80
High: 590.80
Low: 585.80
Prev. Close: 585.40
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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
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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11 Jan 2023 12:13

LONDON MARKET MIDDAY: Europe buoyant amid hope US inflation has peaked

(Alliance News) - The FTSE 100 in London hit another multi-year high on Wednesday, as investors grew increasingly confident on the day before of a key US inflation reading.

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11 Jan 2023 10:44

Darktrace shares slump as cybersecurity firm lowers growth guidance

(Alliance News) - Darktrace PLC on Wednesday blamed a challenging macroeconomic environment for its failure to secure new customers over the first half, warning of yearly revenue below expectations.

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11 Jan 2023 07:29

Darktrace lowers FY revenue forecasts as customers spurn trials

(Sharecast News) - UK cybersecurity company Darktrace lowered annual revenue forecasts as potential customers balked at trialling the company's products amid the tougher macro-economic environment.

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24 Nov 2022 14:34

DIRECTOR DEALINGS: Darktrace strategy chief banks GBP5.0 million

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

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16 Nov 2022 15:29

DIRECTOR DEALINGS: Darktrace CTO and outgoing Grafton CEO sell shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced in the past week and not separately reported by Alliance News:

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14 Nov 2022 08:43

Darktrace sees 'strong demand' for PREVENT offering

(Sharecast News) - Cyber security firm Darktrace said on Monday that it had seen "strong demand" for its new PREVENT product family as more and more organisations sought to prevent cyber-attacks.

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4 Nov 2022 09:43

Numis starts coverage of Darktrace at 'buy'

(Sharecast News) - Numis initiated coverage of Darktrace on Friday with a 'buy' rating and 520p price target.

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27 Oct 2022 16:19

UK shareholder meetings calendar - next 7 days

Friday 28 October 
ITM Power PLCAGM
Kibo Energy PLCAGM
Mattioli Woods PLCAGM
Shepherd Neame LtdAGM
Tirupati Graphite PLCAGM
The Investment Co PLCAGM
Monday 31 October 
Aberforth Split Level Income Trust PLCAGM
B&M European Value Retail SAGM appointment of directors
Brown Advisory US Smaller Cos PLCAGM
City of London Investment Group PLCAGM
GSTechnologies LtdAGM
London Finance & Investment Group PLCAGM
M&C Saatchi PLCGM re takeover offer from Next Fifteen Communications
Springfield Properties PLCAGM
Superdry PLCAGM
Tavistock Investments PLCAGM
Time Finance PLCAGM
TruSpine Technologies PLCAGM
Tuesday 1 November 
Allied Minds PLCGM delisting of shares
Capita PLCGM re disposal of Pay360 Ltd
Countryside Partnerships PLCGM admission of the New Vistry Shares
JPMorgan Mid Cap Investment Trust PLCAGM
KR1 PLCAGM
Ikigai Ventures LtdAGM
Murray Income Trust PLCAGM
OPG Power Ventures PLCAGM
VietNam Holding LtdAGM
Vistry Group PLCGM Countryside acquisition
Wednesday 2 November 
Hansard Global PLCAGM
IDE Group Holdings PLCAGM
Malvern International PLCGM share reorganization
MiLOC Group LtdAGM
NCC Group PLCAGM
Silverwood Brands PLCGM new ordinary shares
Thursday 3 November 
Amte Power PLCAGM
Arc Minerals LtdAGM
Cap-XX LtdAGM
Darktrace PLCAGM
  
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12 Oct 2022 09:52

LONDON BROKER RATINGS: Redburn likes Flutter; RBC cuts Smiths

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

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12 Oct 2022 09:26

Darktrace backs annual guidance but cautions on strong dollar

(Alliance News) - Cybersecurity firm on Wednesday Darktrace PLC backed annual guidance, but said it is closely watching foreign exchange movements, which may hit top-line growth.

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12 Oct 2022 07:57

LONDON BRIEFING: Hopes of BoE gilt buying reprieve; UK GDP falls

(Alliance News) - Hopes that the Bank of England will extend emergency gilt buying and avoid a bond market cliff-edge were given a boost early Wednesday.

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