The FTSE 100 gained on Friday as bargain hunters stepped into beaten-down names after a week of heightened volatility, which was largely caused by a selloff in US technology shares. London’s leading index was 0.9% higher at the time of writing and was actually set to close the week out higher. The resilience of the […] The post FTSE 100 bounces back as NatWest beats expectations appeared first on UK Investor Magazine ..read more

Shore Capital holds 12.8% of UK Oil and Gas (LON: UKOG) and this follows the repayment of the convertible loan facility provided by RiverFort Global Opportunities and YA II PN. The share price jumped 69.4% to 0.0305p. Fully listed Thalassa Holdings (LON: THAL) has taken a 9.94% stake in Surgical Innovations (LON: SUN) and the […] The post AIM movers: Thalassa buys stake in Surgical Innovations and rain dampens Brighton Pier prospects appeared first on UK Investor Magazine ..read more

It was interesting to note that Octopus Investments has this week upped its stake in hVIVO (LON:HVO), the company that operates the world’s largest commercial human challenge trial unit.  The investment group now holds 7.61% of the group’s equity, having increased its stake by 72% to a total of 51,804,020 shares.  Last Tuesday some 49,372,402 […] The post hVIVO – Trading Update And Capital Markets Day Obviously Inspire Octopus To Significantly Increase Its Share Stake  appeared first on UK Investor Magazine ..read more

Rightmove—the UK’s largest property portal—reported revenue increased by 7% to £192.1 million in the first half of 2024, up from £179.5 million in the same period last year. The earnings uplift was helped by the UK housing market making a tentative recovery. Operating profit rose by 2% to £131.6 million, whilst underlying operating profit saw […] The post Rightmove reports mediocre first-half growth appeared first on UK Investor Magazine ..read more

NetWest has increased its dividend by 9% despite profit and income falling in the half-year and quarter periods ending June 30th compared to a year ago. However, a second-quarter rebound provided a source of optimism. Yesterday, we reported that Lloyds earnings are often a barometer for UK banking earnings as they tend to report first. […] The post NatWest increases dividends as Q2 profits rebound, acquires Metro Bank mortgages appeared first on UK Investor Magazine ..read more

A bad week for the FTSE 100 got even worse on Thursday as a US tech selloff gathered momentum, dragging the global equity universe down with it on what is the busiest day for UK earnings in the current season. The FTSE 100 had shown signs of resilience when the ‘Magnificent 7’ US tech began […] The post FTSE 100 sinks amid US and European equity selloff, Unilever jumps appeared first on UK Investor Magazine ..read more

Inspiration Healthcare (LON: IHC) has finally signed the £3.3m Middle East contract it has been waiting for. The equipment should be shipped in the period to year-end in January 2025. This covers the majority of the revenues needed t be gained to achieve the full year forecast revenues of £41m. The share price has rebounded […] The post AIM movers: Inspiration Healthcare rebounds and Judges Scientific orders weaken appeared first on UK Investor Magazine ..read more

The Aurora Investment Trust management team are long-term value investors in the truest sense of the term. The trust’s website points visitors to a reading room of leading investment bestsellers, providing insight into managers Phoenix Asset Management’s approach and diligent investment process. The variety of the reading room, which contains titles such as ‘The Warren […] The post Even if you don’t buy the Aurora Investment Trust, you can certainly learn from their investment process appeared first on UK Investor Magazine ..read more

Capitalised at just over £820m, this FTYSE-250 Dublin-based group is a leading manufacturer of convenience foods in the UK, whose products, it is a fair assumption, we have all tasted at some time or another.  Could even be repeatedly if you are consumer of sandwiches sold at any of the UK’s supermarkets and other retail […] The post Greencore Group – After Q3, Brokers Claim It Has The Ingredients To Become Bigger, Better And More Rewarding For Shareholders  appeared first on UK Investor Magazine ..read more

The drop in AstraZeneca shares on Thursday was more a consequence of a wider market selloff than disappointed with the pharmaceutical giant’s half year report. The groups revenue surged 18% over the period on a constant exchange rate basis with the oncology, respiratory & immunology unit’s sales surging 22%. A beat of analysts’ expectations for […] The post AstraZeneca posts very respectable first half results appeared first on UK Investor Magazine ..read more