European stocks wavered on Wednesday, but banks put in a solid performance following well-received earnings from the likes of Standard Chartered, HSBC, Societe Generale and Credit Agricole.
Stock in struggling Italian lender Monte dei Paschi di Siena bounced back after the country´s financial market regulator, Consob, temporarily banned short-selling in the bank´s shares.
Shares in MJ Gleeson are up almost 6% after it expressed confidence that its full year results will meet the top end of market views.
Depending on whether the UK finally decided to 'Remain' or 'Leave' then different London-listed securities were likelier to 'outperform' their respective sectors, Liberum said.
Broker Liberum has upgraded housebuilders Barratt Developments and Persimmon to 'hold' as it toned down its caution on the sector, but said Taylor Wimpey remained a 'sell'.
Mark Cutifani, chief executive of Anglo American, has spent £220,000 buying shares in the troubled mining company.
Shares in Societe Generale tumbled on Thursday as the French bank reported a smaller-than-expected rise in fourth quarter net profit and warned that it might miss its profit target this year.
Getech Group: WH Ireland downgrades to sector perform, cuts target price to 40.00p.
Urban regeneration and land trading group MJ Gleeson reported an increase in annual pre-tax profits and revenues, on the back of strong land sales and a solid housing market.
European equity markets rose on Wednesday as investors cheered a raft of solid corporate results.
Urban regeneration group MJ Gleeson said on Monday that its subsidiary Gleeson Homes has sold a 21 acre site in Stamford Bridge, Yorkshire.
MJ Gleeson expects its full-year results to top expectations, after completing the sale of 12.5 acres of land in Sussex.
As uncertainty over Greek solvency weighs on European banks, Nomura considered exposures and price reactions.
Paris-based lender Societe Generale posted a surge in first-quarter net profit Wednesday to 868m from 169m in the same period last year.
Societe Generale has reached an agreement with Jefferies Group to take over the bulk of the latter's futures client portfolio.
The main European equity benchmarks edged higher in early trading, tracking overnight gains on Wall Street.
French bank Societe Generale is set to join some of its competitors in Canary Wharf, one of London's main financial districts.
A round-up of the biggest director deals today so far.
A round-up of the biggest director buys today so far.
Panmure Gordon said it is "not expecting fireworks" from GlaxoSmithKline's (GSK) second-quarter results due out next Wednesday.