Advertisement
UK markets close in 2 hours 33 minutes
  • FTSE 100

    8,076.86
    +36.48 (+0.45%)
     
  • FTSE 250

    19,686.37
    -33.00 (-0.17%)
     
  • AIM

    755.17
    +0.48 (+0.06%)
     
  • GBP/EUR

    1.1664
    +0.0019 (+0.16%)
     
  • GBP/USD

    1.2471
    +0.0009 (+0.07%)
     
  • Bitcoin GBP

    50,864.62
    -2,410.47 (-4.52%)
     
  • CMC Crypto 200

    1,359.16
    -23.41 (-1.69%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CRUDE OIL

    82.85
    +0.04 (+0.05%)
     
  • GOLD FUTURES

    2,341.10
    +2.70 (+0.12%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    17,931.57
    -157.13 (-0.87%)
     
  • CAC 40

    7,994.93
    -96.93 (-1.20%)
     

BUZZ-Enquest: Concerns on cashflow mount

** North Sea-focused oil producer Enquest (LSE: ENQ.L - news) 's shares down 7.5 pct at 30.75 pence after co reported H1 results

** Co reported 12 pct fall in rev and 34 pct decline in profit before tax and net costs for H1

** Stock second biggest loser and busiest on the FTSE Small cap index, with nearly half its daily avg volume traded in the first 15 minutes

** Stock biggest drag on FTSE oil and gas index

** Analysts say H1 operating cashflows lower than expected at $83 mln, while capex higher than forecast at $386 mln

** Co kept FY production and capex guidance

** Peer Ithaca Energy also down about 2 pct (abhiram.nandakumar.thomsonreuters.com@reuters.net)