ALUMASC

P 184 180 183 6 Feb 176 172 31 Jan 1 Feb 2 Feb 5 Feb 6 Feb

Analysts at Peel Hunt rated builder supplier and water management company Alumasc a 'Buy' after it cheered profit rises in the first half of the year. The firm also reported a 6.4 per cent rise in revenues to £47.8m. Analysts said: "The shares rose 17 per cent in 2023, but have been flat so far in 2024."

VIRGIN MONEY

P 160 155 150 6 Feb 152.85 145 31 Jan 1 Feb 2 Feb 5 Feb 6 Feb

Analysts at Peel Hunt rated Virgin Money an 'Add' af' ater it warned of job cuts and branch closes. "Virgin Money UK (VMUK) cofirmed it was trading in line with expectations and guidance," they said. Some 150 staf fwere laid off as a result of the restructuring and bosses said they "expect further reductions in [full-time employees] during the year".

(c) 2024 City A.M., source Newspaper