UK Oil & Gas Investments - Re: UKOG Stream Log - DJ UK Market Talk Roundup:...

DJ UK Market Talk Roundup: Shares Gaining Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] 11.51 GMT - Goldman Sachs upgrades Sage Group PLC to a 'conviction buy' from 'buy', saying it expects a positive third-quarter update from the software firm next Wednesday. Dealer talk continued on from Wednesday regards possible bids from Akzo Noble and Maersk for clean fuels expert Quadrise Fuels.UK Oil and Gas Plc up 15% on steady volume. Goldman expects Sage to report a 6.4% increase in internally-generated business growth in the quarter versus 5.7% in the first half as the company switches customers to subscriptions and maintains improving renewal rates. "We reiterate our Buy rating on Sage and add the shares to the Conviction List following recent lacklustre performance and a high degree of investor skepticism," the brokerage says. "We also see an attractive valuation." Shares rise 0.4% to 695 pence. ( [email protected] ) 0849 GMT - Shares in Vodafone Group PLC rise 1.4% to 228 pence after the mobile phone operator reported a 3.3% drop in quarterly reported group revenue, but reiterated its full-year earnings outlook. The revenue drop reflected the negative impact of foreign-exchange rate movements and de-consolidation of Vodafone Netherlands. Group service revenue rose 2.2% as Vodafone benefited from growing demand for data, particularly in emerging markets. "Carriers are enjoying something of a boon in emerging market data usage as consumers upgrade mobile phones for smartphones," says Neil Wilson at ETX Capital.( [email protected] ) (END) Contact us in London. [email protected] (END) Dow Jones Newswires July 26, 2017 07:51 ET (11:51 GMT) Copyright (c) 2017 Dow Jones & Company, Inc. COUNTRY: R/E R/EU R/UK R/WEU SECTOR: I/SOF I/XDJGI I/XEX6 I/XFT1 I/XISL SUBJECT: N/ADR N/MK N/DN N/DJI N/CAC N/ALMT N/ANL N/CNW N/DJMT N/DJWI N/ENTR N/STK N/WEI COMPANY: SGE.LN SGPYY GB00B8C303 US78663S2014 PAGE: 1107 SERVICE: P/ABO P/AEI P/AEQIP/EQE P/PSH P/RCC P/SGAN P/SGN P/UKC CURRENCY: M/NND M/TEC M/TPX