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A look at some of the major movers in London on Tuesday
M&C Saatchi PLC (LON:SAA) climbed 12% to 143.5p after it raised full-year guidance after the first four months of the year exceeded expectations.
The advertising agency said new business performance has been robust.
The company also announced it has entered into a new revolving credit facility.
10.00am: Powerhouse surges as its partner chooses site for second plastic to hydrogen facility
Powerhouse Energy Group PLC (LON:PHE) improved 5.2% to 6.21p after it said a second site using its waste plastic to hydrogen technology is to be developed by its partner, Peel L&P.
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A look at some of the major movers in London on Tuesday
Shefa Gems Ltd (LON:SEFA), up 56% at 3.5p, had a sparkling day after it announced a sharp change of direction.
Previously the company has been focused on exploration and development of multi-gemstone mining projects in Israel but it wants to distribute the company s current mining business to all of the company s existing shareholders via a dividend in specie, raise news funds and look for acquisitions in the web technology and software sector. This combined transaction we are asking shareholders to approve … is the result of lengthy negotiations, which were carried out under a number of key objectives, including both the benefits for the company and its shareholders (including, promoting profitability and new opportunities in a rising sector using the Israeli innovation opportunities, closing burdensome liabilities, cutting costs, and also preserving the shareholders holdings in the gem mining in Israel,
FTSE 100 ends higher but doesn t crack 7,100; US markets mixed after Nasdaq reverses course lower
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FTSE 100 ends higher but doesn t crack 7,100; US markets mixed after Nasdaq reverses course lower
Helped by the weakness of sterling, the FTSE 100 posted decent gains Manufacturers are going full-pelt but rising input prices are a concern
FTSE 100 rises 58 points
US indices mixed as Nasdaq slides
Asia-focused banks suffer
5.15pm: FTSE can t quite reach 7,100
London s leading index closed Tuesday up 58 points, 0.8%, at 7,080, while the FTSE 250 gained 191 points, 0.8%, to end at 22,875. US and UK investors have returned from their holiday in bullish form, picking up where they left off on Friday, IG Chief Market Analyst Chris Beauchamp wrote. Growth sectors such as health care and tech stocks continue to struggle compared to the cyclical areas such as mining and banking, while in the UK commodity prices have driven the gains for the FT
FTSE 100 ends higher but doesn t crack 7,100; US markets mixed after Nasdaq reverses course lower
Companies
Follow John on:
FTSE 100 ends higher but doesn t crack 7,100; US markets mixed after Nasdaq reverses course lower
Helped by the weakness of sterling, the FTSE 100 posted decent gains Manufacturers are going full-pelt but rising input prices are a concern
FTSE 100 rises 58 points
US indices mixed as Nasdaq slides
Asia-focused banks suffer
5.15pm: FTSE can t quite reach 7,100
London s leading index closed Tuesday up 58 points, 0.8%, at 7,080, while the FTSE 250 gained 191 points, 0.8%, to end at 22,875. US and UK investors have returned from their holiday in bullish form, picking up where they left off on Friday, IG Chief Market Analyst Chris Beauchamp wrote. Growth sectors such as health care and tech stocks continue to struggle compared to the cyclical areas such as mining and banking, while in the UK commodity prices have driven the gains for the FT