Mike Ashley’s on Monday hired property giant CBRE to oversee House of Fraser’s property portfolio, fuelling rumours some stores may close.
Immotion Group (IMMO) pick its time perfectly to launch its new space-themed ride Delta Zero. With the hot weather gone and the rain setting in, the new virtual-reality game sees players board their own spacecraft and go on a high-speed mission through the universe.
Tern (TERN) has appointed new advisers. It confirmed Allenby Capital was now the company’s nominated adviser and joint broker.
Oxford Metrics (OMG) said its Vicon unit had released a new product into the location-based virtual reality market. The market was an emerging form of entertainment where participants shared collective VR experiences in a specific location, such as a shopping mall, cinema, theme-park or museum
Plus500 Ltd (DI) (PLUS) – The company posted some barnstorming results but its shares have tanked after it warned about changes in industry regulation.
Chemring Group (CHG) tragedy will have a serious long-term impact. Avoid.
Investors fear ripple effects as Turkish lira plunges to new low. Smaller UK-listed stocks exposed to Turkey and nearby emerging markets were also bruised. DP Eurasia, a franchisee of Domino’s Pizza Group (DOM) which generates 68% of sales in Turkey, sank 14.4%.Travel operators On The Beach Group (OTB) and Thomas Cook Group (TCG), which sell package holidays to Turkey, fell 4.1% and 1.9% respectively. Georgian lenders TBC Bank Group (TBCG) brought up the rear on the FTSE 250, down 3.7%. Emerging markets-focused asset manager Ashmore Group (ASHM) tumbled 3.7%.
