Share Prices & Company Research

Market News

28 Dec 2018 | 09:56

UK stocks gain on back of Wall Street rally

UK stocks are up on Thursday morning, reflecting sharp gains in the US markets and strong seasonal volatility.

Shortly after the open, the benchmark FTSE100 index was 1.56%, or 102.77 points, higher at 6,687.45.

Technology company investor Vela Technologies gained 3.69% despite reporting a loss of £298,000 for the six months ending 30 September. This compared to a profit of £184,000 in the same period in 2017.

Gaming and media distribution company PCG Entertainment lost 5.88% after it reported a group operating loss for the six months to 30 September as it continued to assess opportunities to develop its business.

Nu-Oil and Gas gained 1.90% after it reported a full-year loss for 2018, but believed it had the necessary foundations in place to see an upturn in activity in 2019.

Healthcare service and insurance provider Georgia Healthcare Group lost 1.05% after it said on Thursday it had entered the Georgian dental market by launching clinics within its existing polyclinics.

Industrial inkjet technology company Xaar slumped 11.26% after it said it expected second-half revenue to be "only slightly better" than the first half as trading from September to December continued to be worse than expected.

Industrial oil re-refining group Hydrodec Group slipped 0.57% as it said on Thursday that it had agreed with its partners G&S Oil Recycling to take operational control of Hydrodec's North American operations, increasing its stake to 85% from 58%.

Story provided by
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.