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JUST GROUP

P 84 82 81.79 18 Jul 80 78 76 12 Jul 13 Jul 17 Jul 14 Jul 18 Jul

Analysts at Peel Hunt rated Just Group a 'Buy' after the financial services company posted 'stronger than expected' new business in the first half of the year. The Surrey-based insurer reported new business premiums of £1.9bn during the term, as it was bolstered by a busy annuity market. Bulk purchase annuity sales grew to £1.4bn and individual annuities increased by 54 per cent to £470m. "Overall, this is better than we expected," analysts said.

PETRA DIAMONDS

P 74 72 70 68 70.50 18 Jul 66 12 Jul 13 Jul 17 Jul 14 Jul 18 Jul

Analysts at Peel Hunt rated Petra Diamonds a 'Buy' despite the group missing its diamond production target for fiscal 2023, which led to a fall in profits. Its full year sales revenues were also down 44 per cent year on year. "We do, however, expect to see the benefit of deferred sales on the FY24E balance sheet as postponed tender six is released into the market in August," analysts said.

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