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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Archive

FIVE at FIVE: FTSE 100 stuck; Rightmove, OpenRent rift; Abrdn impresses; BoE reassures on banks; Construction sector revs up

1. FTSE 100 stuck in doldrums

Following Monday's sell-off, London's blue chips failed to stage a miraculous recovery on Tuesday, sitting flat late on.

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2. Rightmove says OpenRent split won’t affect guidance

Rightmove downplayed the impact of OpenRight leaving its platform, but analysts warned it could prove a test case for similarly-placed letting agents.

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3. Abrdn impresses with progress on turnaround, despite continued outflows

Adjusted operating profits inched 1% higher to £128 million, as costs were cut 9%, partly from a headcount reduction.

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4. Lloyds, Barclays and rivals could collapse without bailout, says BoE

"Our assessment gives further reassurance that if a major UK bank were to fail today it could enter resolution safely," the central bank said.

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5. UK construction sector grows at fastest in years

The S&P Global UK Construction PMI increased to 55.3 in July from 52.2 in June, remaining in growth territory.

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And in the small-cap space

Helium One soars as newly deepened Itumbula well sees ‘very encouraging’ gas shows

Mosman Oil and Gas boosted as Northern Territory gets new extension

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK