The electrical retailer Currys saw its shares receive a shot in the arm in an otherwise depressed market after the company published a well-timed profit upgrade this morning. The full year figure is now set to be as much as 10% higher than had been forecast previously and this has been sufficient to lift the Currys share price by around 10% shortly after the bell.
The FTSE-250 listed asset manager Vietnam Opportunities Fund run by VinaCapital has taken a beating in early trade. There’s no news out here but with Vietnam being one of the countries hit the hardest by Trump’s tariffs last night, it seems like an obvious stock for investors to be backing away from. The Vietnam Opportunities Fund share price was down almost 8% by 8.30am.
Another relatively big mover this morning was drinks manufacturer Diageo, whose share price again appears to have responded to last night’s tariff announcements. This time the reaction was more positive, with the fact the UK got off with the lowest tariff level helping lift sentiment in the stock. The Diageo share price added almost 3% in early trade although it seems there will be a lot more dissecting to do across the board when it comes to the impact of trading with the US going forward.
Most read news on Investegate this morning
Statement re Possible Combination - - Assura (AGR)
