Advertisement
UK markets closed
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     
  • CRUDE OIL

    82.93
    -0.43 (-0.52%)
     
  • GOLD FUTURES

    2,333.20
    -8.90 (-0.38%)
     
  • DOW

    38,496.49
    -7.20 (-0.02%)
     
  • Bitcoin GBP

    51,602.00
    -1,737.34 (-3.26%)
     
  • CMC Crypto 200

    1,391.69
    -32.41 (-2.28%)
     
  • NASDAQ Composite

    15,718.34
    +21.70 (+0.14%)
     
  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     

BUZZ-Sage: recovers poise

** Software (Xetra: 330400 - news) co Sage bounces back after hefty losses sustained on Wednesday when it held a CMD, with Investec Securities upgrading rating on stock to "hold" vs "sell"

** Broker -- rated at four stars for recommendation accuracy on Sage, according to StarMine -- says new growth strategy looks sound near term

** Stock, up 1.2%, top FTSE 100 riser & most actively traded on index, with a third of its 90-day daily avg volume having gone through in >1 hour

** Stock fell 6% on Wednesday, its biggest one-day drop since Oct 2008, when it cautioned on mid-term growth (albeit after rising 18% YTD until Tuesday's close) (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)