UK's Braemar gains as increased shipping, energy volatility support annual outlook
29/09/2026 09:24
BUZZ-UK's Braemar gains as increased shipping, energy volatility support annual outlook ** Shares of shipbroking firm Braemar BRMS.L up 4% at 234 pence
** Co to deliver fiscal year 2027 results in line with market view as increased shipping and energy market volatility lifts chartering rates and supports demand for advisory and risk management services
** "We expect the strategic investments made in the first half, including senior hires and the establishment of our power desk, to convert to profitable growth in the second half," co adds
** Stock up about 7% YTD
(Reporting by Neeshita Beura in Bengaluru)