Today: 24 June 2026
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LSE:HWG 24 June 2026

Segro move leaves UK stocks steady; 20% of property index up for grabs

Segro move leaves UK stocks steady; 20% of property index up for grabs

Segro soared 16% after Prologis’ £12.6 billion all-share takeover proposal, valuing Segro at a 24.6% premium to its last close; if Segro is delisted, about one-fifth of the UK REIT index would need replacing, forcing major tracker funds like BlackRock’s iShares UK Property ETF to reallocate roughly £91 million, with analysts warning a failed deal could erase Segro’s gains and impact peers.

Stock Market Today

  • Sensex Advances 790 Points as Nifty Surpasses 24,000 Amid Eased Middle East Tensions
    June 24, 2026, 8:03 AM EDT. On June 24, Indian equity markets rebounded strongly, with the Sensex climbing 790.54 points (1.04%) to 76,991.22 and the Nifty rising 197.55 points (0.83%) to reclaim the critical 24,000 mark. Investor sentiment improved following signs of de-escalation in the Middle East, easing fears over potential oil supply disruptions. Key sectors such as Information Technology and realty gained around 2%, while private banks advanced 1.8%. Major gainers included Interglobe Aviation and Tech Mahindra; notable losers were Bajaj Auto and ONGC. The broader market showed modest gains with midcap and smallcap indices up slightly. Analysts highlight strong technical support at 20- and 50-day exponential moving averages, suggesting potential for a sustained rally. The Indian rupee edged higher to 94.65 per dollar. Overall, markets showed resilience backed by sectoral buying and geopolitical easing.
Samsung rally puts buyback plan under investor lens

Samsung rally puts buyback plan under investor lens

24 June 2026
Samsung Electronics soared 9.8% after announcing it may buy shares for employee stock pay, with media reporting a 90 trillion won plan—equal to 4.5% of common shares and nearly five times Wednesday’s trading volume—fueling a sharp rebound in both Samsung’s stock and the KOSPI after Tuesday’s selloff.
Backblaze rally leaves CoreWeave deal below stated price

Backblaze rally leaves CoreWeave deal below stated price

24 June 2026
Backblaze surged 43.6% after landing a $335 million CoreWeave contract—4.2 times its 2025 B2 Cloud Storage revenue—but the stock’s $213 million equity gain values the deal at just 63 cents per contract dollar, as investors weigh costs, timing, and potential dilution from CoreWeave warrants covering up to 7% of shares.
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