MARKET PULSE
09 Oct
Decline in UK consumer spending continues - Visa
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The latest spending data from Visa UK showed a continued decline in household expenditure throughout September, the fourth fall in the past five months.

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06 Oct
London close: Stocks edge higher amid political uncertainty
London Stock Exchange AIM LSE shares

London stocks edged a touch higher on Friday, underpinned by a weaker pound, even as a surprise drop in US unemployment failed to stoke new gains on Wall Street.

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06 Oct
Barratt Developments 'the cheapest housebuilder' for Credit Suisse
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Barratt Developments shares were upgraded to ‘outperform’ by Credit Suisse on the back of the housebuilder's renewed focus on profit margins.

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06 Oct
Marks & Spencer second quarter sales to fall, Deutsche maintains 'hold'
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Marks & Spencer will report a fall in second quarter sales, Deutsche Bank forecast on Friday ahead of the retailer's half-year results on 8 November.

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06 Oct
Dunedin to realise Alpha investment after AIM flotation
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Investment trust Dunedin Enterprise announced on Friday that Alpha Financial Markets Consulting, in which it made a £8m investment in back in February 2016, had finalised terms for its conditional placing and proposed admission to the Alternative Investment Market of the London Stock Exchange.

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06 Oct
SolGold reports on drilling progress
solgold drilling results

SolGold updated the market on the drilling results of holes 23R-D1 and 24-D1R on Friday, as well as the progress of drilling at Cascabel, the company's 85%-owned copper-gold porphyry project in Ecuador.

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06 Oct
Vietnam Infrastructure shares cancelled ahead of winding-up vote
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Investment vehicle Vietnam Infrastructure announced on Friday that trading in the company's shares on AIM was suspended with effect from 0730 BST, pending the result of the extraordinary general meeting to be held at 1430 BST on 9 October, in accordance with its timetable previously announced on 25 August.

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06 Oct
Beximco Pharmaceuticals could acquire majority of Nuvista
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Generic pharmaceutical products manufacturer Beximco Pharmaceuticals announced on Friday that it entered into a non-binding memorandum of understanding, under which it may acquire a majority shareholding of 85. 22% in Bangladesh-based hormones and steroid drugs specialist Nuvista Pharma.

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06 Oct
RWS Holdings enjoys 'best year ever'
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Intellectual property support services provider RWS Holdings updated the market on its trading for the year to 30 September on Friday, ahead of the announcement of its full year results, which is expected on 6 December.

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06 Oct
UK productivity falls further to eat into Chancellor's buffer
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Already low British productivity is worsening, official figures showed on Friday, which is expected to lead to reduced growth forecasts and limit.

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06 Oct
FTSE 250 movers: Entertainment One boosted by JPM note; Renishaw hit by downgrade
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London's FTSE 250 was up 0. 3% to 20,155. 61 in afternoon trade on Friday as investors digested the latest non-farm payrolls report.

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06 Oct
US open: Stocks in the red after strong jobs report for September
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Wall Street was trading on a slightly mixed note but off its session lows following an unexpectedly sharp drop in the country's jobless rate alongside a sharp pick-up in earnings growth.

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06 Oct
GlobalData chief selling 1.4m shares in placing
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GlobalData announced on Friday that it has been advised by its chief executive Mike Danson that, in response to demand from investors, he intended to sell approximately 1. 4 million ordinary shares in the company via an accelerated bookbuild placing to institutional investors at a price of 540p per share.

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06 Oct
Chemring receives cash advance related to ammunition contract
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Chemring said on Friday that it has received the cash advance payment and export licenses associated with the $30m contract to supply 40mm ammunition to an international customer.

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06 Oct
Mirada wins new five-year contract with Bolivian pay TV operator

AIM-listed Mirada has announced a new five-year contract for its Iris multiscreen solution with Bolivian pay TV operator and broadband services provider, Digital TV Cable.

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06 Oct
Duke Royalty enters into second financing deal with Lynx Equity UK
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Duke Royalty announced on Friday that it has entered into its second royalty financing agreement with Lynx Equity UK.

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06 Oct
Europe midday: Drop is US jobless rate pushes stocks into the red
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Stocks have been pushed into the red by US data showing a big drop in the country's unemployment rate alongside a big acceleration in the pace of wage gains which has sent government debt yields higher on both sides of the Atlantic.

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06 Oct
Medaphor finalises Intelligent Ultrasound acquisition
medaphor

Welsh ultrasound software and simulation company Medaphor announced on Friday that it had completed the previously announced acquisition of Oxford-based firm Intelligent Ultrasound (IUL) after its admission of 57,477,285 new ordinary shares raised £5. 5m.

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06 Oct
Asiamet makes 'excellent progress' on feasibility study
Gold bars

AIM-listed copper and gold exploration junior Asiamet Resources said on Friday that it had continued to make "excellent progress" on its feasibility study at Beruang Kanan Main (BKM) in Indonesia.

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06 Oct
CQS grows net asset value on the back of 'more sanguine' markets
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Closed-end investment company CQS New City High Yield Fund Limited said on Friday that it had grown its net asset value (NAV) 16. 13% in the year ended 30 June 2017 as markets gradually became "more sanguine" towards concerns that had muted its investment returns in the previous year.

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