Sunday, 24th May 2015

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GCP Infrastructure Investments posts rise in first-half profit

Fri 22nd May 15, 15:28:21

GCP Infrastructure Investments reported a 17% rise in first-half net profit on Friday.

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Today's Market Reports

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US close: S&P 500 retreats from record after Yellen rate comments, CPI data

US stocks declined on Friday with the S&P 500 benchmark index retreating from a record high, as inflation data and comments from Janet Yellen sparked concerns about monetary policy. Yesterday

FX round-up: Cable registers strong upside move

Weaker than expected economic data Stateside gave the single currency a reprieve from recent selling pressure. Yesterday

Plus500 tanks on Cable Car short position take-down

Shares in online retail-focused brokers Plus500 fell by more than a third on Friday morning as investors grew increasingly concerned about its finances, leading to shares in sector peer TechFinancials also suffering. 2 days ago

Bonds: US Treasuries higher, traders eye Ukraine debt restructuring

The yield on 10-year US Treasury notes retreated by six basis points to 2.19% on Thursday, with that on the thirty-year long bond coming off by a similar amount to hit 2.99% by the close of trading. Yesterday

Sector movers: Mining shares, Vodafone chatter edge FTSE 100 towards record high

Mining and telecommunications shares, with the latter led by Vodafone, edged the FTSE 100 towards a record high on Friday. 2 days ago

London close: Stocks hit two-week high as blue chips rise

UK stocks reached a two-week high on Friday on the back of decent performances from heavyweights Vodafone and HSBC, along with gains in defensive categories such as pharmaceuticals. 2 days ago

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