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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

Finance

FIVE at FIVE: Primark profits up; AstraZeneca, FTSE 100 slip; Trump trades higher; ASOS losses escalate

1. Primark owner ABF hikes dividend, buyback as profit jumps

“We delivered a substantial improvement in profitability, excellent cash generation and strong returns as a result of consistent, multi-year investment and a return to some normality in our markets and supply chains,” chief executive George Weston said.

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2. AstraZeneca sheds £15bn in value as weight loss drug data ‘underwhelming’

Shares fell by 8.6% on Tuesday, taking the pharmaceutical firm’s market capitalisation from £171.2 billion to £156.2 billion.

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3. Trump Media & Technology shares keep rising as the presidential election opens

Shares in the company, which owns Trump's social media platform Truth Social, topped $50 earlier in the year but fell into the teens in September as pre-election prediction polls fluctuated.

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4. FTSE 100 Live

Stocks slip.

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5. Losses pile up for ASOS as large-scale discounting pummels sales

ASOS is in the midst of a fundamental operational shift following the disposal of its Topshop and Topman brands, but any turnaround is expected to be a slow slog for shareholders.

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In the small-cap space:

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