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18 hours ago | 
thearmchairtrader.com | Tony Cross
Three key news stories unfolding as the UK stock market opens. Check out our companies reporting diary for upcoming results from FTSE 350 and selected international stocks. 1. Dividend up and share buyback extended at SageInterim results are out from Sage LON:SGE this morning, noting a strong first half performance with annualised recurring revenues 10% higher and underlying operating profits up by 16%.
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1 day ago | 
thearmchairtrader.com | Tony Cross
London’s AIM All Share has recovered early losses to head towards the close in positive territory. At our early copy time of 3.30pm the index was just a fraction of a point higher but is currently on course for its 13th consecutive session of gains.
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1 day ago | 
thearmchairtrader.com | Tony Cross
UAE markets saw modest losses on Wednesday with the Abu Dhabi benchmark easing 0.1%, whilst downside on the Dubai equivalent was even more constrained. Space 42 +10%Presight AI +7.1%Abu Dhabi Islamic Bank -3.1%Space42 topped the board, adding 10% making it the biggest gainer of the large caps.
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1 day ago | 
thearmchairtrader.com | Tony Cross
Three key news stories unfolding as the UK stock market opens. Check out our companies reporting diary for upcoming results from FTSE 350 and selected international stocks. 1. Vistry management eye profit growth despite rising cost pressuresThere’s a trading update from Vistry LON:VTY ahead of the company’s AGM later today. The underlying theme from buyers is one of emerging confidence with sales rates edging higher, but the note does caution of upward pressure on materials and labour prices.
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2 days ago | 
thearmchairtrader.com | Tony Cross
12 consecutive days of gains have now been chalked up for the AIM All Share with news from both sides of the Atlantic today favouring more policy easing in terms of interest rates. The index closed up just over 1 point at 730.46, testing fresh highs for the year. Zenova Group +32%CAP-XX +31%Eden Research +22%Revolution Beauty -37%Arkle Resources -29%Zenova Group LON:ZED topped the board, up 32% following an update by the company on its Albanian manufacturing plant.
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2 days ago | 
thearmchairtrader.com | Tony Cross
Tuesday saw gains of just over 0.5% posted on the Dubai equity benchmark index, whilst the Abu Dhabi equivalent eased back slightly with late selling pushing it just into negative territory on the day, mirroring the relatively quiet session seen in Europe. Presight AI +5.3%Agility Public Warehousing +5%Apex Investment -4.1%Presight AI was the biggest riser of the large caps, up 5.3%, extending the run higher following last week’s publication of earnings news.
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2 days ago | 
thearmchairtrader.com | Tony Cross
Three key news stories unfolding as the UK stock market opens. Check out our companies reporting diary for upcoming results from FTSE 350 and selected international stocks. 1. Holiday demand puts On The Beach on course for record yearOn The Beach LON:OTB issued interim results this morning showing a 13% increase in total transaction value, an 18% uptick in pre-tax profits and shareholders being rewarded with a half year dividend that’s 11% higher.
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3 days ago | 
thearmchairtrader.com | Tony Cross
Gains were seen for the AIM All Share once more on Monday as markets globally cheered yet another retreat by the US over the potentially crippling trade war, notably this time with China. The index was up almost three points at 2.30pm, at 729.74. Belluscura +45%Tiger Royalties +29%ITM Power +17%Catenai -16%Verici DX -15%Belluscura LON:BELL was leading the board at our early copy time today, up 45%.
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3 days ago | 
thearmchairtrader.com | Tony Cross
A temporary trade accord between the US and China may have seen many markets attracting a risk on mindset, but gains for UAE equities have once again proved more measured. The Dubai benchmark index closed up 0.4% whilst Abu Dhabi’s equivalent was just over 0.1% higher on the day. Parkin +7.4%Agthia +2.9%Empower -2.4%Parkin was the biggest gainer of the large caps, adding 7.4% on Monday. That extends Friday’s gains following the publication of Q1 results.
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6 days ago | 
thearmchairtrader.com | Tony Cross
Three key news stories unfolding as the UK stock market opens. Check out our companies reporting diary for upcoming results from FTSE 350 and selected international stocks. 1. Revenues take off at IAG as profits trebleQ1 numbers are out from International Consolidated Airlines LON:IAG, the company behind names like Iberia and British Airways. Revenues were 9.6% higher, operating profits almost trebled and despite ongoing macroeconomic concerns, the outlook for the full year remains unchanged.
