FTSE 100 Gains as Mining, Oil, Banking Stocks Rise
The FTSE 100 Index rises 0.3% as miners, oil stocks and banks gain on the back of higher oil and commodity prices. Anglo American, Antofagasta, HSBC, NatWest and Royal Dutch Shell are among the biggest risers, offsetting losses for drug and consumer-goods shares. Brent crude ticks up 0.6% to $75.59 and gold and silver prices advance 0.3% and 0.6% respectively. British Land gains 0.8% after the property developer reported better activity and performance since lockdown restrictions were eased and said it has collected 85% of its June rent.
Companies News:
Circassia 1H Revenue Rose, Sees 2021 Earnings Ahead of Market Views
Circassia Group PLC said Tuesday that its first-half revenue rose and it expects full-year earnings to exceed current market expectations.
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Ebiquity 1H Revenue Rose 19%
Ebiquity PLC said Tuesday that revenue for the first half rose 19% and that it swung to a profit in contrast to the loss incurred in the year-prior period.
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Temasek's Net Portfolio Rose to US$283 Billion for FY Ended March
Singapore's Temasek Holdings is cautiously optimistic on the global economic recovery's prospects in the short to medium term, but warns of uncertainties surrounding Covid-19 variants and China-U.S. trade tensions.
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ECSC Group 1H Revenue Rose
ECSC Group PLC said Tuesday that revenue for the first half of 2021 rose, with growth across its two divisions, and that it is well positioned to take advantage of opportunities in a recovering economy.
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eEnergy Swung to Annual Profit, Expects Revenue Growth But Profit Miss for FY 2022
eEnergy Group PLC said Tuesday that it delivered its maiden profit with tripled revenue in fiscal 2021, as it forecast revenue ahead of expectations but profit below market views for the current year.
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Clinigen Group to Report FY 2021 Revenue Rise
Clinigen Group PLC said on Tuesday that it expects to report a rise in net revenue for fiscal 2021, and that for fiscal 2022 it expects to achieve double-digit Ebitda growth with continued cash generation.
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Symphony Environmental Sees 1H Operating Loss; Warns on Distribution Costs
Symphony Environmental Technologies PLC said Tuesday that it expects to report an operating loss for the first half of 2021 and said that higher distribution costs due to global vessel and container shortages are set to continue.
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UK Regulator to Further Probe Konecranes, Cargotec Merger Amid Competition Concerns
The U.K. Competition and Markets Authority said Tuesday that it will begin a further investigation into the proposed merger between crane manufacturer Konecranes Oyj and cargo-handling-solutions provider Cargotec Oyj.
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Vianet 3-Month Trading Higher Than Expected; Sees Return to Normal in 2H
Vianet Group PLC said Tuesday that profit for the first three months of the fiscal year has been higher than expected and it now expects both its units to return to normal trading during the second half of the year.
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Block Energy 2Q Oil Production, Sales Fell
Block Energy PLC said Tuesday that its oil production and sales slipped in the second quarter, though the average price per barrel of oil rose.
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Omega Diagnostics FY 2021 Adjusted Pretax Loss Widened; Shares Fall
Shares in Omega Diagnostics Group PLC fell after the company reported a widened adjusted pretax loss, lower revenue, and a swing to Ebitda loss for fiscal 2021.
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Craneware FY 2021 Revenue, Adjusted Ebitda Seen Higher on Year
Craneware PLC said Tuesday that revenue and adjusted Ebitda for fiscal 2021 have increased compared with a year earlier and that it is confident of delivering double-digit organic growth in the future.
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Atalaya Mining Sees 2021 Output Toward High End of Guidance After 2Q Rise
Atalaya Mining PLC said Tuesday that it expects its 2021 copper production to be toward the high end of its previous guidance range and costs toward the lower end, after an increase in second-quarter output.
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(END) Dow Jones Newswires
07-13-21 0413ET
