Share Prices & Company Research

Market News

23 Apr 2019 | 11:55

Crude rally lifts FTSE 100 ahead of latest US earnings updates

The FTSE 100 was up 0.3% to 7,483.27 by midday lifted by index heavyweights BP and Royal Dutch Shell which both saw their shares surge on higher oil prices linked to Iranian sanctions.

US futures suggested a pretty flat open on Wall Street ahead of earnings reports from eBay, Twitter, Snap and Verizon.


Thomas Cook jumped 16% after a media report said potential takeover bidders were circling the travel company.

British Land shed 1.3% after it exchanged contracts to sell 12 supermarkets from its joint venture with Sainsbury's for £429m to Realty Income Corporation.

Miner and commodities trader Ferrexpo lost 0.2% after it booked a fall in annual profits, as pellet sales were constrained by reduced shipments towards the end of the year.


Scottish broadcaster STV Group dropped 1.9%, as it guided for a modest rise in first-quarter advertising revenue of between 1% and 2%.

Keywords Studios rose 3.2% on news that it had acquired mobile device games developer Wizcorp for JPY 120m (£825k) from Ankama and Silicon Studio Corporation.

Martin Sorrell-backed S4 Capital disputed a media report that stated that its MediaMonks unit was facing a legal battle in Holland.

The matter was a dispute between former shareholders of MediaMonks and any involvement of S4 Capital would only be as a witness, the company added. Its shares reversed 0.9%.

Out-of-hospital services provider Totally surrendered earlier gains to trade flat after its subsidiary Vocare won a contract with the NHS Newcastle & Gateshead Clinical Commissioning Group worth up to around £13.5m.

Low-cost African airline Fastjet gained 5.1% as its losses narrowed in the fourth quarter thanks to cost cutting.

Upland Resources jumped 4.5% on announcing that it had been approached by oil companies interested in investing in its Saouaf prospect in Tunisia.

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.