Full List Of Stories
Putin announces 30-hour Easter truce
Russian President Vladimir Putin ordered a 30-hour halt to attacks on Ukraine at the weekend.
FTSE 100 movers: Rolls-Royce, GSK pace losses
Rolls-Royce, GSK and Melrose Industries were among the worst performers.
Broker tips: Ocado, Qinetiq
Ocado surged on Wednesday after JPMorgan Cazenove upgraded the shares to ‘overweight’ from ‘neutral’ and lifted the price target to 400p from 340p.
Broker tips: Miners, Capita
JPMorgan upgraded the global mining and metals sector to ‘overweight’ from ‘underweight’ on Monday, as it said that Rio Tinto, Antofagasta, Fresnillo & SSAB are its European key ‘overweights’.
Broker tips: Crest Nicholson, Asos
RBC Capital Markets upgraded Crest Nicholson on Friday to ‘outperform’ from ‘sector perform’ and hiked the price target to 230p from 180p after the housebuilder's capital markets day on Thursday.
Broker tips: Schroders, Prudential
RBC Capital Markets reiterated its ‘outperform’ rating on Schroders on Thursday and hiked its price target to 475p from 395p as it lifted its adjusted operating earnings estimates by 1%/6%/9% over FY25/26/27, updating the FY24 results and strategy evolution.
Broker tips: Bridgepoint, Qinetiq, Compass Group
Bridgepoint gained on Wednesday after an upgrade to ‘buy’ from ‘neutral’ at Citi, which said the risk-reward looks attractive following recent underperformance.
Broker tips: Qinetiq, Rio Tinto, Anglo American
Shore Capital on Tuesday cut its recommendation for QinetiQ from 'buy' to 'hold' following a profit warning from the UK defence contractor on Monday.
Europe close: Stocks slip after fresh US tariff threat
European shares slipped into the red on Wednesday after closing at a record high in the previous session as traders assessed disagreement between the US and Europe over how to end the war in Ukraine, a spike in UK inflation and more tariff threats from President Donald Trump.
Burberry sales decline slows, Rolls-Royce awarded £9bn MoD contract
London open The FTSE 100 was called to open up around 15 points.
Broker tips: Ashmore Group, ProCook
Jefferies downgraded Ashmore on Wednesday to ‘hold’ from ‘buy’ and it cut the price target to 170p from 220p as it said it was moving to the sidelines until a macro catalyst emerges.
Broker tips: Mitie, Rolls-Royce
Shares in facilities management and professional services company Mitie were on the rise on Monday after Deutsche Bank lifted its target price for the stock following the group's better-than-expected annual results.
Monday newspaper round-up: Macron, THG, LSE Group
France’s president, Emmanuel Macron, has been accused of gambling with French democracy after announcing that he will dissolve parliament and call snap legislative elections in the wake of his allies’ crushing defeat to Marine Le Pen’s far-right National Rally (RN) in Sunday’s European parliament elections. - Guardian.
Broker tips: Segro, GSK
Barclays has upgraded its rating on industrial real estate group Segro by two notches from 'underweight' to 'overweight' as part of its review of the European warehouse sector.