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Pin to quick picksFunding Circle Share News (FCH)

Share Price Information for Funding Circle (FCH)

London Stock Exchange
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Share Price: 73.00
Bid: 73.60
Ask: 75.00
Change: 4.80 (7.04%)
Spread: 1.40 (1.902%)
Open: 72.20
High: 75.00
Low: 70.00
Prev. Close: 68.20
FCH Live PriceLast checked at -

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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
24 Nov 2020 11:20

Funding Circle Outlook Improves As It Sees Strong UK Momentum

Funding Circle Outlook Improves As It Sees Strong UK Momentum

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19 Oct 2020 09:27

UK BROKER RATINGS SUMMARY: St James's Place Cut; HSBC Likes Just Eat

UK BROKER RATINGS SUMMARY: St James's Place Cut; HSBC Likes Just Eat

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24 Sep 2020 16:35

UK DIRECTOR DEALINGS SUMMARY: Supply@Me CEO Buys GBP1 Million Option

UK DIRECTOR DEALINGS SUMMARY: Supply@Me CEO Buys GBP1 Million Option

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24 Sep 2020 11:16

Funding Circle Suffers From Fair Value Losses But Aims For Break-Even

Funding Circle Suffers From Fair Value Losses But Aims For Break-Even

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17 Sep 2020 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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8 Jul 2020 11:18

Funding Circle Loans Up Amid Covid-19 Schemes; About 85 US Roles To Go

Funding Circle Loans Up Amid Covid-19 Schemes; About 85 US Roles To Go

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8 Jul 2020 11:13

Funding Circle to add Bounce Bank Loans to Covid lending offer

(Sharecast News) - Funding Circle shares were rocketing on Wednesday morning, as the company outlined its success thus far in government-backed coronavirus lending, in both the UK and the United States.

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15 Apr 2020 10:40

Funding Circle Approved To Originate US Paycheck Protection Loans

Funding Circle Approved To Originate US Paycheck Protection Loans

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20 Mar 2020 09:49

UK BROKER RATINGS SUMMARY: BHP Gets Upgrades From JPMorgan, Deutsche

UK BROKER RATINGS SUMMARY: BHP Gets Upgrades From JPMorgan, Deutsche

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12 Mar 2020 10:19

Lender Funding Circle Posts Widened Loss But Eyes 2020 Breakeven

Lender Funding Circle Posts Widened Loss But Eyes 2020 Breakeven

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5 Mar 2020 16:07

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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27 Jan 2020 08:38

Funding Circle Poaches Vanquis Bank Finance Chief Oliver White

Funding Circle Poaches Vanquis Bank Finance Chief Oliver White

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24 Jan 2020 09:35

UK BROKER RATINGS SUMMARY: Jefferies Lifts Unilever To Buy From Hold

UK BROKER RATINGS SUMMARY: Jefferies Lifts Unilever To Buy From Hold

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15 Jan 2020 09:32

UK BROKER RATINGS SUMMARY: Goldman Raises Capita To Conviction Buy

UK BROKER RATINGS SUMMARY: Goldman Raises Capita To Conviction Buy

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21 Oct 2019 16:56

LONDON MARKET CLOSE: Brexit And US-China Optimism Lifts Stocks

LONDON MARKET CLOSE: Brexit And US-China Optimism Lifts Stocks

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