Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFunding Circle Share News (FCH)

Share Price Information for Funding Circle (FCH)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 74.20
Bid: 74.20
Ask: 75.00
Change: 6.00 (8.80%)
Spread: 0.80 (1.078%)
Open: 72.20
High: 74.20
Low: 70.00
Prev. Close: 68.20
FCH Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 250 movers: Centamin shines, Funding Circle falls

Wed, 24th Apr 2019 14:31

(Sharecast News) - London's FTSE 250 index was up 0.09% at 19,926.51 in afternoon trade on Wednesday, with Centamin leading the index higher.The gold miner topped the charts after it said first quarter production at its Sukari gold mine in Egypt exceeded expectations as it reiterated full year targets.Analysts from Berenberg said: "The first half of this year is an important period for the business, with steady operational delivery around guidance being required to rebuild investor confidence following a difficult 2018 for the operations. It is therefore pleasing to see performance come out at the better end of the guidance range, with further momentum in quarterly production rates anticipated through the year."Over-50s specialist Saga got a boost from an upgrade to 'neutral' at JPMorgan Cazenove, which said the risk/reward is now more balanced as the market is well aware of the challenges facing the company.Derwent London was on the way up after analysts at Deutsche Bank bumped their recommendation for the stock up from 'hold' to 'buy' and upped the target price from 3,600p to 3,700p. Deutsche Bank analysts also revised their target price for Great Portland Estates higher, raising it from 720p to 820p.Precious metals miner Acacia Mining gained ahead of the release of a trading statement the next day, with sentiment likely helped by a strong showing on Wednesday for London-listed peer Centamin. Gold prices meanwhile were bouncing back in the background.At the other end of the index, Funding Circle continued to drop following The Times' report at the weekend that the peer-to-peer lending business is facing increased pressure from rivals, including Japanese giant SoftBank."Peer-to-peer sites are under pressure. Signs of economic cooling have led to an uptick in defaults and rising insolvencies. This is feeding through to smaller businesses," said the article."Funding Circle said in a blog post at the end of last year that the worsening consumer credit situation had 'impacted a small population of loans' in its book. It is arguably less exposed than other peer-to-peer sites more focused on consumer lending, but it is still feeling the heat."Market MoversFTSE 250 (MCX) 19,926.51 0.09%FTSE 250 - RisersCentamin (DI) (CEY) 89.82p 12.50%Saga (SAGA) 60.68p 5.43%Derwent London (DLN) 3,204.20p 3.63%Great Portland Estates (GPOR) 761.40p 3.56%Sanne Group (SNN) 597.00p 3.11%Clarkson (CKN) 2,460.00p 2.71%Aston Martin Lagonda Global Holdings (AML) 985.90p 2.50%Acacia Mining (ACA) 158.70p 2.45%Safestore Holdings (SAFE) 651.50p 2.44%Telecom Plus (TEP) 1,434.00p 2.43%FTSE 250 - FallersFunding Circle Holdings (FCH) 280.50p -8.03%Mediclinic International (MDC) 341.10p -3.10%Royal Mail (RMG) 254.10p -2.76%CYBG (CYBG) 214.20p -2.68%Hilton Food Group (HFG) 954.00p -2.65%Tullow Oil (TLW) 243.70p -2.52%Syncona Limited NPV (SYNC) 250.21p -2.45%G4S (GFS) 226.10p -2.37%IntegraFin Holding (IHP) 378.75p -2.35%Rank Group (RNK) 156.28p -2.08%
More News
17 Jun 2021 11:00

SMALL-CAP WINNERS & LOSERS: Halfords rises after reinstating dividend

SMALL-CAP WINNERS & LOSERS: Halfords rises after reinstating dividend

Read more
16 Jun 2021 09:36

BROKER RATINGS: Citigroup upgrades HSBC to Buy from Neutral

BROKER RATINGS: Citigroup upgrades HSBC to Buy from Neutral

Read more
16 Jun 2021 08:08

LONDON BRIEFING: Sizzling sofas - Made.com debuts as ScS sales soar

LONDON BRIEFING: Sizzling sofas - Made.com debuts as ScS sales soar

Read more
14 Jun 2021 09:35

BROKER RATINGS: CRH and Diageo suffer downgrades

BROKER RATINGS: CRH and Diageo suffer downgrades

Read more
19 May 2021 11:52

Funding Circle shares up after better outlook amid Covid lending boom

Funding Circle shares up after better outlook amid Covid lending boom

Read more
19 May 2021 10:57

SMALL-CAP WINNERS & LOSERS: Funding Circle up after raising guidance

SMALL-CAP WINNERS & LOSERS: Funding Circle up after raising guidance

Read more
19 May 2021 07:52

Funding Circle sees strong start to the year, shares jump

(Sharecast News) - Shares in Funding Circle rallied on Wednesday, after the lending platform upped its interim profit forecasts.

Read more
12 May 2021 16:04

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
29 Mar 2021 14:32

DIRECTOR DEALINGS: Funding Circle CEO buys GBP100,000 worth

DIRECTOR DEALINGS: Funding Circle CEO buys GBP100,000 worth

Read more
25 Mar 2021 14:23

IN BRIEF: Funding Circle exceeds earnings guidance in 2020

IN BRIEF: Funding Circle exceeds earnings guidance in 2020

Read more
18 Mar 2021 16:06

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
18 Jan 2021 12:15

LONDON SMALL-CAP WINNERS & LOSERS: Funding Circle's Second Half Strong

LONDON SMALL-CAP WINNERS & LOSERS: Funding Circle's Second Half Strong

Read more
18 Jan 2021 11:59

LONDON MARKET MIDDAY: US Holiday Leads To Quiet Session; Airlines Slip

LONDON MARKET MIDDAY: US Holiday Leads To Quiet Session; Airlines Slip

Read more
18 Jan 2021 09:29

Funding Circle Income Rises In Second Half Of 2020 On Loan Boost

Funding Circle Income Rises In Second Half Of 2020 On Loan Boost

Read more
26 Nov 2020 09:41

UK BROKER RATINGS SUMMARY: Goldman Cuts CRH; Morgan Stanley Lifts DCC

UK BROKER RATINGS SUMMARY: Goldman Cuts CRH; Morgan Stanley Lifts DCC

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.