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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
21 Oct 2019 11:43

Funding Circle shares surge after positive third quarter update

(Sharecast News) - Peer-to-peer business lender Funding Circle Holdings updated the market on the three months ended 30 September on Monday, reporting a 31% rise in loans under management year-on-year to £3.7bn.

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21 Oct 2019 10:34

Funding Circle Loans Under Management Rise To GBP3.7 Million

Funding Circle Loans Under Management Rise To GBP3.7 Million

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21 Oct 2019 08:58

LONDON MARKET OPEN: Smith & Nephew Falls As CEO Departs; Sterling Up

LONDON MARKET OPEN: Smith & Nephew Falls As CEO Departs; Sterling Up

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21 Oct 2019 07:42

LONDON MARKET PRE-OPEN: S&N CEO Departs; Candy Eyes Capital & Counties

LONDON MARKET PRE-OPEN: S&N CEO Departs; Candy Eyes Capital & Counties

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4 Sep 2019 17:52

TOP NEWS: Marks & Spencer's 35 Year Spell In FTSE 100 Comes To An End

LONDON (Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, September 23, after completing its 100 of

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9 Aug 2019 14:32

DIRECTOR DEALINGS: Funding Circle Chair Buys GBP51,000 In Shares

(Alliance News) - Funding Circle Holdings PLC said Friday that Chair Andrew Learoyd purchased nearly GBP51,000 in stock in a transaction on Thursday.Learoyd bought 47,103 shares at an price

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8 Aug 2019 16:55

LONDON MARKET CLOSE: Stocks Boosted By US-China Trade Antagonism Lull

LONDON (Alliance News) - Stock prices in London closed higher on Thursday as US-China trade tension worries that erupted earlier in the week continued to soften following another day of no further

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8 Aug 2019 12:08

LONDON MARKET MIDDAY: Stocks Edge Up But FTSE 100 Lags European Peers

(Alliance News) - London share prices continued to post mild gains on Thursday with the risk-on mood making a gradual return. However, London's leading equities index lagged behind its as a a

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8 Aug 2019 10:37

WINNERS & LOSERS SUMMARY: Hargreaves Lansdown Rises As Assets Increase

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------Hargreaves up a

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8 Aug 2019 10:14

Funding Circle Interim Loss Widens But Managed Loans Grow

(Alliance News) - Small business lending platform Funding Circle Holdings PLC on Thursday reported a widened interim loss on higher marketing and staff costs and reiterated its concern about high

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2 Jul 2019 16:51

LONDON MARKET CLOSE: FTSE Outpaces Peers As Pounds Slides After UK PMI

(Alliance News) - The FTSE 100 powered ahead of peers in mainland Europe and New York on Tuesday as the pound tumbled following worrying UK construction data and a warning from the Bank of England

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2 Jul 2019 11:52

LONDON MARKET MIDDAY: Pound's PMI Stumble Helps FTSE Build On Gains

(Alliance News) - London's FTSE 100 stock index extended gains on Tuesday after the pound weakened following some disappointing UK construction data, while a steep fall for Funding put

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2 Jul 2019 10:32

WINNERS & LOSERS SUMMARY: Funding Circle Sinks After Cutting Guidance

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - WINNERS----------National up 1.5%.

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2 Jul 2019 08:44

LONDON MARKET OPEN: Plus500 And Funding Circle Bookend FTSE 250

(Alliance News) - Stock prices in London opened higher on Tuesday sustaining momentum from the US-China trade truce. Plus500 rose after enjoying a positive second quarter, Funding

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2 Jul 2019 08:03

TOP NEWS: Funding Circle Cuts Growth Guidance On UK Economic Woe

(Alliance News) - Small-to-medium business lending platform Funding Circle Holdings PLC on Tuesday warned economic uncertainty is leading to lower loan demand.As a result, Funding Circle on

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