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News & Tips: CRH, Xaar and more

Equities have rebounded hard
December 28, 2018

Equities continue to trade with substantial volatility with the FTSE 100 surging ahead in morning trading today.

IC TIP UPDATES:

Building materials specialist CRH (CRH) has completed a further €100m tranche of its €1bn share buyback programme and announced the final €200m of share buybacks will commence on 2 January. Buy.

KEY STORIES:

Print technology specialist Xaar (XAR) has informed investors that trading has remained difficult in the three months to December and overall revenues for the year are now likely to be £64m.

Indus Gas (INDI) has announced results for the six months to 30 September in which the company recorded adjusted revenues of $27.8m and pre-tax profits of $23.6m.