Market updates

Zigup (LON:ZIG) Hits 52-Week Low Amid Dividend Cuts
December 30, 2024 10:48 PM AEDT| By Team Kalkine MediaHighlights,Zigup (ZIG) shares hit a 52-week low on Monday, reaching GBX 315.,The company announced a dividend cut, impacting shareholder returns.,Zigup operates as a leader in integrated mobility solutions, offering a wide range of services.,Zigup (L...
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Retail Sector Faces Continued Workforce Reductions Amid Economic Pressures
December 30, 2024 10:13 PM AEDT| By Team Kalkine MediaHighlights,Sharp Increase in Retail Job Losses:,Over 169,000 retail jobs were lost in 2024, marking a 42% increase compared to 2023.,Key Drivers Include Rising Costs:,Inflation, energy prices, rents, and reduced tax relief are exacerbating job cuts.,...

Japan's Manufacturing Sector Shows Signs of Stabilisation Despite Continued Contraction
December 30, 2024 10:13 PM AEDT| By Team Kalkine MediaHighlights,December PMI at 49.6:,Japan's manufacturing PMI rose to a three-month high, hinting at slower contraction.,Improved employment levels:,Hiring in the sector rebounded to its highest level since April.,Inflationary pressures intensify:,Risin...

South Korea's Factory Output Slumps Amid Weakening Exports and Business Confidence
December 30, 2024 10:13 PM AEDT| By Team Kalkine MediaHighlights,Factory output dips sharply:,South Korea’s industrial output fell 0.7% in November, reversing earlier growth trends.,Export growth hits 14-month low:,Declining shipments to key markets, including the US and China, weigh heavily on economic...
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A Year of Contrasts for AIM: Winners and Losers Emerge Amid a Shrinking Market
December 27, 2024 09:26 PM AEDT| By Team Kalkine MediaHighlights:,Pan African and Cohort Lead the Winners:,Pan African Resources and Cohort PLC emerged as AIM-100’s top gainers, with 100% share price increases driven by gold production and defence contracts, respectively.,Victoria and YouGov Top the Fal...

A Resilient 2024 for London’s Stock Market Amid Gains and Losses
December 27, 2024 09:26 PM AEDT| By Team Kalkine MediaHighlights:,FTSE 100 gains 5.3% in 2024:,Rolls-Royce Holdings and International Consolidated Airlines Group topped the blue-chip index, each rising 93.9%.,FTSE 350 winners led by CMC Markets:,The trading platform surged 140%, followed by Metro Bank a...

Gemfields Suspends Montepuez Ruby Operations Amid Civil Unrest in Mozambique
December 27, 2024 09:26 PM AEDT| By Team Kalkine MediaHighlights,Temporary Halt in Ruby Mining:,Gemfields has suspended operations at Montepuez Ruby Mining (MRM) due to civil unrest and security concerns.,Facilities Damaged by Looters:,Over 200 individuals associated with illegal mining caused significa...

Boxing Day Blues for Retailers as Footfall Plummets Across UK Shopping Destinations
December 27, 2024 09:26 PM AEDT| By Team Kalkine MediaHighlights,Footfall Down 7.6% Overall:,Preliminary data reveals significant declines in in-store visits across all UK retail destinations compared to last year.,High Streets Hit Hardest:,Footfall on Britain’s high streets fell by 9.6%, with shopping...

Kooth (LON:KOO) Stock Surges by 10.6%, Reflecting Positive Market Sentiment
December 25, 2024 01:20 AM AEDT| By Team Kalkine MediaHighlights,Kooth (KOO) stock increases by 10.6% during mid-day trading.,118,080 shares were traded, marking a 47% surge in trading volume.,The stock's price rose from GBX 162.50 to GBX 179.75, reflecting positive market momentum.,Kooth plc (LON:KOO),...

UK Economy Stalls in Q3 Amid Rising Recession Fears
December 23, 2024 09:07 PM AEDT| By Team Kalkine MediaHighlights:,Revised GDP Figures Show No Growth:,The UK economy recorded zero growth in Q3 2024, revising earlier estimates of a 0.1% rise.,Concerns of Recession Deepen:,October's contraction and pessimistic forecasts heighten fears of back-to-back ne...

Revised Figures Reveal UK Economy Stalled in Third Quarter
December 23, 2024 09:07 PM AEDT| By Team Kalkine MediaHighlights:,UK Economy Stagnates:,The UK economy saw no growth in the quarter to September, with GDP revised down to 0.0%.,Weaker Than Expected Second Quarter:,Growth in the April to June period was also downgraded, from 0.5% to 0.4%.,Declines in Key...

Major Bitcoin Mining Firms MARA and Hut 8 Acquire Over 16,500 Bitcoin in Strategic Acquisitions
December 20, 2024 10:04 PM AEDT| By Team Kalkine MediaHighlights,MARA and Hut 8,acquire,over 16,500 Bitcoin, marking a significant milestone in their accumulation strategies.,MARA,expands reserves to 44,394 BTC, while,Hut 8,adds 990 BTC to bring total holdings to 10,096 BTC.,Both companies raise billion...

Andrew Tate’s UK Bank Accounts Frozen Amid Tax Evasion Ruling
December 19, 2024 03:17 AM AEDT| By Team Kalkine MediaHighlights:,Tax Evasion Allegations:,Andrew Tate accused of avoiding taxes on £21 million of revenue from various online ventures.,Bank Accounts Seized:,UK magistrate authorizes the freezing of over £2.6 million from Tate’s accounts.,Extradition Cons...
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Inflation Pressures Persist Despite Slight Improvement in Core Figures
December 19, 2024 03:17 AM AEDT| By Team Kalkine MediaHighlights:,UK inflation rose by 2.6% year-on-year in November, aligning with the Monetary Policy Committee's stance of gradualism.,Core inflation improved slightly, coming in at 3.5%, just below the Bank of England’s 3.6% forecast.,Labour's Budget d...

StorageVault Canada Inc. (TSE:SVI) Q4 Earnings Projections and Market Insights
December 19, 2024 01:30 AM AEDT| By Team Kalkine MediaHighlights,StorageVault Canada Inc. (SVI) Q4 2024 earnings per share estimated at C$0.05 by analysts.,The stock’s price performance reveals a 52-week range between C$3.82 and C$5.50.,Recent quarterly earnings report showed revenue of C$78.96 million...

Key Trends Shaping Crypto in 2025 Messari’s Projections
December 19, 2024 12:49 AM AEDT| By Team Kalkine MediaHighlights,Crypto industry shows resilience, overcoming challenges like bankruptcies and regulatory crackdowns.,Bitcoin dominance grows, with tokenized real-world assets transforming traditional markets.,Europe’s regulatory clarity provides a stable...

Market Spotlight: ASX 200 Faces Lower Open Amid Global Uncertainty
December 18, 2024 01:04 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 Futures Signal Decline,: Futures down 12 points (-0.14%) as US markets slide; traders cautious ahead of Federal Reserve rate decision amidst mixed US economic data.,ASIC Targets ANZ, M&A Speculation Rises,: ANZ faces scrutiny over...

Key Economic Data and Rate Decisions Take Center Stage Ahead of Christmas
December 18, 2024 04:27 AM AEDT| By Team Kalkine MediaHighlights:,UK Inflation Focus:,Inflation figures for November are expected to rise to 2.5%, ahead of the Bank of England's rate decision.,US Interest Rates:,The Federal Reserve is set to announce its latest rate call, with markets betting on a poten...

The Remarkable Growth of Nexxen International (LON:NEXN)
December 16, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Nexxen International's (NEXN) share price has surged 161% over the last five years.,Recent quarterly performance shows a 38% rise in the company's stock.,A shift from loss to profitability has driven the impressive share price growth.,Nexx...

Equiniti Group (LON:EQN) Reports Exceptional Trading Surge with 89,800% Increase
December 13, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Unprecedented Surge,Equiniti Group (EQN) stock reported an 89,800% rise during Thursday’s trading session.,Market Dynamics,The stock reached GBX 179.80 amidst significantly reduced trading volume.,Company Focus,Equiniti Group offers compre...
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