LONDON MARKET MIDDAY: Defence drag hits sentiment; PMIs in focus
1st Dec 2025 12:19
(Alliance News) - Stock prices in London were lower at midday on Monday, as weakness in defence shares and a cautious global mood weighed on the market. Read More
(Alliance News) - Stock prices in London were lower at midday on Monday, as weakness in defence shares and a cautious global mood weighed on the market. Read More
(Alliance News) - Caledonia Mining Corp PLC on Monday said it is assessing the impact of proposed changes to the royalty and tax regimes in Zimbabwe, following the country's national budget presented on Thursday last week. Read More
(Alliance News) - Sterling Digital PLC began trading on the Access segment of the Aquis Stock Exchange Growth Market on Monday, after raising GBP4.0 million in its initial public offering, Read More
(Alliance News) - Wynnstay Group PLC on Monday said restructuring efforts are feeding through to improved margins and operational efficiencies. Read More
(Alliance News) - Unilever PLC on Monday announced the sale of its Graze business to Katjes International. Read More
McBride PLC - Manchester, England-based private-label products manufacturer - Starts on Monday the GBP20 million share buyback it announced late last month. McBride says a GBP10 million first tranche of the buyback will be completed by April 30. The first half of the tranche will be run by Investec Bank PLC and the second by Peel Hunt LLP. Up to 8.7 million shares will be purchased, and all of these will be cancelled. Read More
(Alliance News) - JPMorgan European Discovery Trust PLC on Monday said valuations in European companies "remain very attractive" as it outperformed its benchmark. Read More
South32 Ltd - Perth, Australia-based diversified mining company - Completes divestment of its nickel refinery in Colombia, Cerro Matoso SA, to a subsidiary of CoreX Holding BV. CoreX is a vertically integrated, global industrial conglomerate established in 2024 by Robert Yuksel Yildirim. South32 agreed to sell the refinery back in July in a transaction worth up to USD100 million, or around ZAR1.78 billion. The company has previously said the deal follows a strategic review amid structural changes in the nickel market. Read More
(Alliance News) - AB Dynamics PLC on Monday said it has secured a contract to supply simulators to a "major", unnamed European original equipment manufacturer. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - Virgin Media has been fined GBP23.8 million by Ofcom after putting thousands of vulnerable customers at "direct risk of harm" when moving them to digital landlines. Read More
Target Healthcare REIT PLC - London-based real estate investment trust focused on care homes - Buys three care homes and makes a forward commitment to buy a fourth, committing GBP45 million in total. This represents the redeployment of just over half of the GBP85.9 million that Target Healthcare received from the sales of nine care homes back in September. The newly purchased care homes all are in central Scotland. The net initial yield on the acquisitions is above 6%, Target Healthcare says. "We have a number of further transactions currently in due diligence and expect to be in a position to make further announcements regarding additional redeployment in due course," says John Flannelly, head of investment at Target Fund Managers Ltd. Read More
(Alliance News) - TR Property Investment Trust PLC on Monday reported a rise in its interim net asset value, with the return surpassing its benchmark index, despite a drop in profit. Read More
(Alliance News) - CT Private Equity Trust PLC on Monday said Lead Fund Manager Hamish Mair will retire from the company and Columbia Threadneedle Investments after the firm's annual general meeting in May. Read More
Hunting PLC - London-based supplier of equipment to the oil and gas industry - Says its recently acquired business that optimises oil reservoir performance and recovery rates has won its first contract in South America. Hunting Energy Services Production Technology Inc, which was purchased by Hunting back in March, wins the contract with an unnamed Brazilian based oil and gas exploration and production company. The contract is for sampling 20 wells across 11 oil fields, all onshore in the north of Brazil. Hunting doesn't provide the monetary value of the contract but calls it a "breakthrough" for its organic oil recovery technology, expanding this to a new territory for the first time under Hunting ownership. The OOR technology aims to extend the life and increase the economic returns from a producing oil field. Sampling operations under the contract are already underway, Hunting says, with field implementation in 2026. Read More