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Cairn Energy (LON:CNE)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a research report issued to clients and investors on Tuesday,

results next week

12% drop was bit harsh today but i will keep close eye on it from now on for a big bounce.

* Gold hits record high in various currencies

* Silver jumps to more than one-year high

* Palladium dips more than 1% (Adds comments, details, updates prices)

By Eileen Soreng

Aug 7 (Reuters) - Gold soared more than 2% on Wednesday to breach the $1,500 ceiling for the first time in over six years as investors rushed to safe havens, spooked by a host of uncertainties including U.S.-China trade and a slowing global economy.

Other precious metals, except palladium, latched on to gold's rally, with silver breaking above the $17 an ounce mark for the first time in more than a year.

"There are just numerous fundamental reasons behind gold's strength and those are adding to today's extension to the upside over $1,500. Clearly, safe haven products have been the stars of the show," said David Meger, director of metals trading at High Ridge Futures.

Spot gold gained 1.6% at $1,497.69 per ounce at 10:19 a.m. EDT (1419) GMT, having touched $1,509.80, its highest since April 2013.

U.S. gold futures climbed 1.7% to $1,509.60.

* Gold hits record high in various currencies

* Silver jumps to more than one-year high

* Palladium dips more than 1% (Adds comments, details, updates prices)

By Eileen Soreng

Aug 7 (Reuters) - Gold soared more than 2% on Wednesday to breach the $1,500 ceiling for the first time in over six years as investors rushed to safe havens, spooked by a host of uncertainties including U.S.-China trade and a slowing global economy.

Other precious metals, except palladium, latched on to gold's rally, with silver breaking above the $17 an ounce mark for the first time in more than a year.

"There are just numerous fundamental reasons behind gold's strength and those are adding to today's extension to the upside over $1,500. Clearly, safe haven products have been the stars of the show," said David Meger, director of metals trading at High Ridge Futures.

Spot gold gained 1.6% at $1,497.69 per ounce at 10:19 a.m. EDT (1419) GMT, having touched $1,509.80, its highest since April 2013.

U.S. gold futures climbed 1.7% to $1,509.60.

* Gold hits record high in various currencies

* Silver jumps to more than one-year high

* Palladium dips more than 1% (Adds comments, details, updates prices)

By Eileen Soreng

Aug 7 (Reuters) - Gold soared more than 2% on Wednesday to breach the $1,500 ceiling for the first time in over six years as investors rushed to safe havens, spooked by a host of uncertainties including U.S.-China trade and a slowing global economy.

Other precious metals, except palladium, latched on to gold's rally, with silver breaking above the $17 an ounce mark for the first time in more than a year.

"There are just numerous fundamental reasons behind gold's strength and those are adding to today's extension to the upside over $1,500. Clearly, safe haven products have been the stars of the show," said David Meger, director of metals trading at High Ridge Futures.

Spot gold gained 1.6% at $1,497.69 per ounce at 10:19 a.m. EDT (1419) GMT, having touched $1,509.80, its highest since April 2013.

U.S. gold futures climbed 1.7% to $1,509.60.

* Gold hits record high in various currencies

* Silver jumps to more than one-year high

* Palladium dips more than 1% (Adds comments, details, updates prices)

By Eileen Soreng

Aug 7 (Reuters) - Gold soared more than 2% on Wednesday to breach the $1,500 ceiling for the first time in over six years as investors rushed to safe havens, spooked by a host of uncertainties including U.S.-China trade and a slowing global economy.

Other precious metals, except palladium, latched on to gold's rally, with silver breaking above the $17 an ounce mark for the first time in more than a year.

"There are just numerous fundamental reasons behind gold's strength and those are adding to today's extension to the upside over $1,500. Clearly, safe haven products have been the stars of the show," said David Meger, director of metals trading at High Ridge Futures.

Spot gold gained 1.6% at $1,497.69 per ounce at 10:19 a.m. EDT (1419) GMT, having touched $1,509.80, its highest since April 2013.

U.S. gold futures climbed 1.7% to $1,509.60.

LONDON, Aug 7 (Reuters) - Burford Capital's top shareholder Invesco Asset Management said it "categorically" refuted any accusation of "improper or unethical behaviour" after short-seller Muddy Waters pointed accounting misdemeanours in Burford.

Invesco, which owns about a 14% stake in Burford, added: "Invesco's legal advisers are reviewing the accusations and we expect we will be able to make a broader statement in due course."

Burford Capital shares fell 60% on Wednesday following Muddy Waters report. Responding to the "short attack" document, the company earlier in the day said its returns were "robust". (Reporting by Thyagaraju Adinarayan; editing by Marc Jones

WOW i didn't see that coming this morning. 260p now

the way BUR and TCG going today i am in 16 red please LOL

pay attention to the all markets, usually correction stats with one or to companies been picked on , that is what i am seeing now. gold could be safe bet . i am in FRES under £6

and it is up £1 already

short selling should be banned period

420p now

Looks like another Metro ,

it is not a tree shake mate it is a earthquake lol.

i am not sure about that but but share price responded very good , up 12%

god start ,see where we are at lunch time.

Commenting on the results, Group CEO, Clive Bannister said:

"I am delighted to announce our H1 2019 results today which demonstrate Phoenix's commitment to meeting the targets it has set. Having delivered £287 million of cash generation year to date, Phoenix expects to be towards the upper end of the £600 - £700 million 2019 target range. We also continue to make good progress across all phases of our transition programme and remain on track to meet the £1.2 billion total synergy target announced in March.

Building on our resilience

· Assets under management and administration up 5% to £577.5bn with assets on our platforms up 11% to £66.0bn

· Net outflows have reduced and remain concentrated in a small number of strategies with gross inflows well diversified

· Improvement in investment performance with 65% (FY 2018: 50%) of AUM above benchmark over three years

· Delivery of cost efficiencies on track with actions taken to date to deliver £234m of the £350m per annum targeted

· IFRS profit after tax of £636m, benefiting from sale of 6.21% of HDFC Life, with adjusted profit before tax of £280m

· Adjusted diluted EPS up to 8.9p (H1 2018: 8.2p)

· Unchanged interim dividend of 7.3p