FTSE 100 falls as oil and precious metals prices fall
FTSE 100 falls as oil and precious metals prices fall
0805 GMT – FTSE 100 drops 0.2%, or 18 points to 7105, dragged down by precious metal miners and oil majors as crude, gold and silver prices retreat . Fresnillo and Polymetal International lose ground as gold and silver prices fall 0.7% and 1.6% respectively, while BP and Royal Dutch Shell are down as Brent crude drops 2.8% to $ 68.71 per barrel. BDSwiss claims the drop in the price of gold could be due to Chinese government intervention to prevent commodity speculation. “And there was speculation that someone wanted to get rid of the gold ahead of Tuesday’s US consumer price report, which is expected to show a drop in the rate of inflation,” Marshall said. Gittler, BDSwiss analyst. Electricity producer SSE rises 2% amid speculation about building stakes between activists and investors. ([email protected])
Philip Morris raises Vectura offer to $ 1.42 billion
Philip Morris International Inc. on Monday said it had increased its bid for Vectura Group PLC to 1.02 billion pounds ($ 1.42 billion), exceeding Friday’s bid from Carlyle Europe Partners V for the British pharmaceutical company.
Hargreaves Lansdown’s assets under administration for fiscal 2021 increased
Hargreaves Lansdown PLC on Monday announced an increase in assets under administration for fiscal 2021 and said it achieved a record performance for the full year.
UK Acquisition Panel Extends Clayton Dubilier Offer Deadline For Wm. Morrison
The UK Takeover Panel announced on Monday that it has extended the deadline for Clayton Dubilier & Rice LLC to make an offer to British grocer Wm. Morrison Supermarkets PLC in light of the latest offer from Fortress Investment Group Ltd of SoftBank Group Corp.
Halma acquires three companies for £ 48.8million
Halma PLC announced on Monday that it has recently completed three acquisitions totaling 48.8 million pounds ($ 67.7 million) and completed the sale of security systems supplier Texecom Ltd. for 65 million pounds.
Deliveroo: Delivery Hero holds 5.09% of the issued share capital
Deliveroo PLC said on Monday it received a notification on Friday evening that Berlin-based food delivery service company Delivery Hero SE now owns 5.09% of its issued share capital.
McColl’s is considering a capital increase
McColl’s Retail Group PLC confirmed on Monday that it is considering a capital increase to develop its Morrisons Daily stores.
Argo Blockchain 1H’s pre-tax profit jumped to over £ 10million
Argo Blockchain PLC on Monday announced an improvement in its profits for the first half of the year, reflecting higher production and Bitcoin prices.
Lok ‘n Store self-storage revenue for fiscal year 2021, Rose occupancy space
Lok ‘n Store Group PLC announced on Monday that it closed its 2021 fiscal year with an increase in self-storage revenue and total occupancy space.
PageGroup changed to pre-tax profit for 1H; Dividends taken back
PageGroup PLC on Monday announced a recovery to pre-tax profit for the first half of the year, showing a strong recovery from its performance of the previous year, which had been strongly affected by the effects of Covid-19.
Rothermere Gets Submission Deadline Extension For Daily Mail & General Trust
Daily Mail & General Trust PLC said on Monday that the UK Takeover Panel had extended the deadline for Rothermere Continuation Ltd. to either make an offer for the media group or to withdraw.
Esken estimates closure of Ryanair’s Southend base could reach £ 1.4million Ebitda in fiscal 2023
Esken Ltd. said on Monday that the closure of Ryanair Holdings PLC’s base at London Southend Airport could impact around 1.4 million pounds ($ 1.9 million) on its Ebitda and leeway for fiscal year 2023 if no mitigation measures are taken.
Smartspace Software 1H Revenue Expected To Increase
Smartspace Software PLC said on Monday that revenue for the first half of fiscal 2022 is expected to increase and growth is also expected to accelerate in the second half.
Domino’s Pizza Group leaves Switzerland
Domino’s Pizza Group PLC announced Monday that it has entered into agreements to sell its stake in Domino’s Pizza GmbH for 0.3 million Swiss francs ($ 327,833).
Nightcap to open new London Cocktail Club location in Bristol
Nightcap PLC announced on Monday that it has entered into a lease for a new London Cocktail Club site in central Bristol.
Polygon Global Partners obtains 1.03% acceptances of the Watchstone offer
UK-based investment management firm Polygon Global Partners LLP said on Monday it received shareholder acceptances from Watchstone Group PLC holding 1.03% of its issued share capital as part of the mandatory offer of 15.7 million pounds ($ 21.8 million) from Polygon.
Clarkson 1H pre-tax profit, higher revenue
Clarkson PLC said Monday that profit and pre-tax income increased in the first half of the year, with strong performance across all areas of the business.
Smartspace Software Shares Fall Due to 1H Weaker Performance in Two Companies
Shares of Smartspace Software PLC fell on Monday after the company said sales of its strategic partner Evoko Naso fell below expectations in the first half of fiscal 2022 and its Anders & Kern business suffered a decline in revenue. ‘business.
Post-earnings performance of Hargreaves Lansdown stocks considered difficult
07:49 GMT – Hargreaves Lansdown’s earnings for fiscal 2021 were slightly below market expectations for the period, causing its share price to drop significantly. The FTSE 100 retail investment platform also missed Shore Capital’s views. However, the UK brokerage firm says Hargreaves Lansdown has a good business model, adding that it detects “an unusual level of negativity towards HL from analysts and institutional investors.” Shore says that “the relatively subdued share price performance looks challenging given the strength of execution over the past 18 months.” Shore has a buy recommendation on the stock. Shares are down 8.5% to 1,500.50 pence. ([email protected]; @sabelaojeaguix)
Oil slips as futures curve points to falling demand
0751 GMT – Brent crude is down 2.5% to $ 68.99 a barrel and WTI futures are down 2.6% to $ 66.49 a barrel as concerns about the impact of the Delta variant of the coronavirus on oil demand continue to intensify. The premium on Brent contracts for the coming months compared to earlier months becomes less pronounced, signaling an easing of the supply tightening, said Warren Patterson of ING. It comes as OPEC + prepares to continue its plans to increase production and Chinese trade data shows crude oil imports over the past month have declined. The disruption caused by the typhoons, as well as “high oil prices, limited import quotas, especially for private refiners, and refinery maintenance weighed on the country’s demand for crude oil,” it adds. he does. ([email protected]; @davidhodari)
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(END) Dow Jones Newswires
August 09, 2021 04:30 ET (08:30 GMT)
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