MARKET PULSE
06 Nov
US close: Markets finish higher amid rosier economic outlook
cvs health, pharmacy, drugstore

Wall Street's main indices finished Monday higher as investors gauged the prospects for further advances amid an improved economic outlook for 2018 and buoyant investor sentiment.

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06 Nov
Condor Gold drill programme returns positive results
Gold bars

Central American focussed explorer Condor Gold said on Monday that the final six drill holes of a 43-hole programme on the Mestiza Vein Set at its La India Project in Nicaragua had returned positive results.

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06 Nov
Europe close: Stocks start with slight gains
1euro

European stocks are continuing to trade slightly lower despite the release of stronger-than-expected readings on the economy, weighed down by a somewhat more cautious stance on stockmarkets from strategists at JP Morgan.

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06 Nov
Sector movers: Miners, Big Oil lead gains
glencore

Shares of miners outperformed at the start of the week on the back of multiple bullish factors, especially Beijing's drive to cut pollution ahead of the winter.

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06 Nov
Supply chain issues delay revenues for Concepta
china traffic car

UK healthcare company Concepta received notice of a £600,000 order from one of its distributors for November but noted that due to third-party constraints, revenue from the order would not be realised until the first quarter of the 2018 financial year.

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06 Nov
US open: Stocks probe record highs amid recovery in Treasury yields
Wall street america US USA signs

Wall Street's main market gauges are holding slightly higher as investors gauge the prospects for further advances amid an improved economic outlook for 2018 and buoyant investor sentiment.

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06 Nov
London close: Miners and analyst upgrades lift blue chip stocks
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London blue chips stocks finished Monday's session microscopically higher, with a little upward momentum as investors paused for breath after a record close on Friday.

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06 Nov
FTSE 250 movers: Playtech and Mitie climb after upgrades
playtech

The FTSE 250 index nudged slightly lower (-0. 12%) in afternoon trading on an undramatic day in London equity markets on Monday.

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06 Nov
Credit Suisse forecasts 6% rise in global equities in 2018, amid second-half risks
credit suisse

Credit Suisse forecast the top flight index would reach the 7,800 point mark by the middle of 2018 and stay at that level through the end of that year against a favourable backdrop for corporate earnings worldwide.

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06 Nov
Versarien completes expanded £2.9m fundraising
Money pounds sterling

Advanced materials group Versarien confirmed the successful completion of its £2. 9m fundraising on Monday, comprising a placing by WH Ireland along with an offer, via PrimaryBid.

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06 Nov
Oakley Capital takes on German higher education group
billetes euros

Oakley Capital Investments said on Monday that Oakley Capital Private Equity III has agreed to acquire Apollo Global Germany from its current shareholder Apollo Education Group.

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06 Nov
Paradise Papers: Queen, Ross, Glencore exposed in tax haven document leak

A huge new cache of financial documents has been released showing how some of the world’s wealthiest individuals and companies use offshore tax havens to maintain and grow their riches.

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06 Nov
Losses widen for Sterling Energy
enquest, oil, drilling, crude

Upstream oil and gas company Sterling Energy saw losses widen in its third quarter as its Chinguetti oil field off the coast of central Mauritania came near to the end of its production life.

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06 Nov
Tuesday preview: Results from AB Foods, Imperial Brands, G4S, Direct Line, Hiscox
security cctv g4s

Tuesday offers up a fairly busy day of corporate results and trading updates, led by Primark owner Associated British Foods, tobacco giant Imperial Brands, plus insurers Direct Line and Hiscox, and the still-recuperating G4S.

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06 Nov
Director dealings: Comptoir Group founder collects on nearly £50k after share sale
handshake

Founder and creative director of UK-based restaurant firm Comptoir Group Tony Kitous sold 333,333 shares in the company at a price of 0. 15p each on Monday.

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06 Nov
JZ Capital cashes in on Factor Energia investment
LED lights

Guernsey-based closed-ended investment company JZ Capital Partners (JZCP) realised the net asset value of its majority interest in Spanish energy group Factor Energia on Monday.

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06 Nov
Cadence Minerals agrees to acquire Pilbara asset from Macarthur Minerals
Rio Tinto train in the Pilbara region of Western Australia; mining

London-based early investment and development company Cadence Minerals agreed to acquire a 35 square kilometre exploration license in the Pilbara region of Western Australia from Macarthur Minerals.

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06 Nov
Intercede shares drop on warning of multiple enterprise awards failing to materialise
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UK-based software firm Intercede Group said on Monday that its ability to meet market expectations for the company's financial year had been hindered by a combination of several large enterprise awards failing to materialise despite "customer commitments to the contrary" and a generally slower market.

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06 Nov
Suspension lifted from Redx shares as it exits administration
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Trading in Redx Pharma shares restarted at midday on Monday, after the company announced in 3 November that it had successfully come out of administration as a going concern.

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06 Nov
New York Fed chief to stand down in 'mid-2018'
federal reserve

The Federal Reserve Bank of New York announced on Monday that William Dudley, the bank's president since January of 2009, would be stepping down from his position in mid-2018.

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