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FTSE 100 down to four-week lows with miners underperforming - Market Report

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Summary: FTSE 100 index hits four-week lows around 7,500 points, attributed to underperforming mining companies . Fintech Group plus 500 introduces $60 million share buyback program despite declining revenue and profit . Ugov considers potential listing in the US, leading to a rise in the company's opening performance. Real estate investor Sharps Recapital secures £200 million loan for bond repayment, resulting in early value slide. UK government extends rules allowing takeaway pint sales without a license until March next year. Small caps RC 365 gains exclusive rights to use US-based Unique AI 's AI-driven plat...

FTSE 100 Rises on Day of Earnings Results - Market Report

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Summary: FTSE 100 rises on a day of earnings announcements , driven by Cendrica 's exceptional performance with a tenfold increase in net cash and 55% jump in adjusted profit . Shell 's $5.5 billion buyback scheme and dividend hike fail to impress investors , leading to a decline in shares. Barclays faces challenges as increasing quarterly pre-tax profits are overshadowed by mounting bad debt provisions . Drax Group 's positive half-year pre-tax earnings do not prevent a slip in shares. BT opens higher on the back of quarterly revenue rise , while Ocado 's shares are impacted by the upcoming retirement of th...