Wednesday preview: B&M, Inditex, Broadcom results eyed
Wednesday will bring the release of full-year results from discount retailer B&M European Value Retail, Discoverie and Ninety One, while first-quarter numbers from Zara owner Inditex will also be in focus.
London close: Mining stocks lift markets, but gains limited
UK stocks edged higher on Tuesday, helped by further records on Wall Street, though gains were limited as investors continued to digest conflicting reports from the Middle East.
Europe close: Stocks manage gains as oil prices pull back
European shares managed gains on Tuesday despite continued uncertainty over the US-Iran ceasefire, Israel’s attacks on Lebanon, a heavy Russian bombardment of Ukraine and a fresh rise in eurozone inflation.
US job openings unexpectedly jump, though hiring eases
Job openings in the US unexpectedly jumped in April, according to the Bureau of Labor Statistics on Tuesday, hitting their highest levels in nearly two years.
Primorus Investments posts smaller full-year profit
Primorus Investments reported a lower full-year profit for 2025, although net assets rose as the investment company said it had made progress in simplifying its portfolio and recycling capital.
FTSE 100 movers: Miners gain in tandem with copper prices; BAT falls
London’s FTSE 100 was up 0. 3% at 10,372. 66 in afternoon trade on Tuesday.
Director dealings: Staffline, Great Southern Copper insiders linked to sale-and-repurchases
Staffline chairman Thomas Spain’s closely associated investment vehicle and Great Southern Copper non-executive director Nicholas Briers carried out matched sale-and-repurchase transactions, according to director dealing disclosures made to the London market on Tuesday.
US open: Stocks mixed as Iran uncertainty offsets AI rally
Wall Street stocks opened mixed on Tuesday, with investors pausing for breath after indices reached new heights the previous session, as an ongoing rally in the chip and AI sectors was dampened by continuing uncertainty in the Middle East.
Central Asia Metals agrees to acquire Cygnus in all-share deal
Central Asia Metals announced on Tuesday that it has agreed to acquire Cygnus Metals in an all-share deal valuing the Australian-listed company at about AUD 232m, adding the Chibougamau copper-gold project in Québec to its portfolio.
Active Energy's Ghummud facility generates $110,000 net in first month
Active Energy Group said on Tuesday that its recently-acquired Ghummud facility in Abu Dhabi generated AED 404,000, or about $110,000, in net revenue during its first full month of trading.
ECB under pressure on rates as eurozone inflation jumps to 3.2%
Eurozone inflation rose to 3. 2% last month, an official flash estimate showed on Tuesday, as higher energy prices caused by the US-Israel war on Iran and Lebanon put the European Central Bank under more pressure to lift interest rates.
Rosebank Industries rallies as Citi, Jefferies reinstate coverage at 'buy'
Rosebank Industries rallied on Tuesday after both Citi and Jefferies reinstated coverage of the shares at ‘buy’.
Broker tips: Rosebank Industries, IntegraFin
Rosebank Industries rallied on Tuesday after both Citi and Jefferies reinstated coverage of the shares at ‘buy’.
Dollar General lifts FY guidance after Q1 profit beat
Shares in Dollar General rose strongly on Tuesday after the US discount retailer raised its full-year profit outlook following stronger first-quarter earnings, lifted by higher sales and improved margins.
Victoria's Secret boosts guidance after bumper first quarter
Victoria’s Secret & Co boosted its full-year guidance on Tuesday, sending the stock soaring, after first-quarter sales at the American lingerie retailer comfortably beat expectations.
Marvell Technology surges as Nvidia’s Huang says it could be ‘next trillion-dollar company’
Shares of Marvell Technology surged on Tuesday after the chief executive of chip maker Nvidia said it was set to be the "next trillion-dollar company".
Shore Capital upgrades Transact owner IntegraFin to ‘buy’
Shore Capital upgraded IntegraFin to ‘buy’ from ‘hold’ on Tuesday and lifted the price target to 400p from 350p as it said the Transact owner is "an excellent business, properly undervalued".
GB Group warns of margin hit from investment, shares fall
GB Group shares fell on Tuesday after the identity and location technology company said a one-off £6m investment in its GBG Go platform would hit margins next year, overshadowing higher underlying earnings and improving revenue momentum.
Europe midday: Shares hold gains despite jump in eurozone inflation
European shares held gains on Tuesday despite continuing uncertainty about the US-Iran ceasefire, Israel’s attacks on Lebanon, a heavy Russian bombardment on Ukraine overnight and a jump in eurozone inflation.