Market Pulse
US close: Markets finish higher amid rosier economic outlook
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.
Condor Gold drill programme returns positive results
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.
Europe close: Stocks start with slight gains
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.
Sector movers: Miners, Big Oil lead gains
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.
Supply chain issues delay revenues for Concepta
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.
US open: Stocks probe record highs amid recovery in Treasury yields
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.
London close: Miners and analyst upgrades lift blue chip stocks
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.
FTSE 250 movers: Playtech and Mitie climb after upgrades
The FTSE 250 index nudged slightly lower (-0. 12%) in afternoon trading on an undramatic day in London equity markets on Monday.
Credit Suisse forecasts 6% rise in global equities in 2018, amid second-half risks
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.
Versarien completes expanded £2.9m fundraising
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.
Oakley Capital takes on German higher education group
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.
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.
Losses widen for Sterling Energy
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.
Tuesday preview: Results from AB Foods, Imperial Brands, G4S, Direct Line, Hiscox
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.
Director dealings: Comptoir Group founder collects on nearly £50k after share sale
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.
JZ Capital cashes in on Factor Energia investment
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.
Cadence Minerals agrees to acquire Pilbara asset from Macarthur Minerals
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.
Intercede shares drop on warning of multiple enterprise awards failing to materialise
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.
Suspension lifted from Redx shares as it exits administration
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.
New York Fed chief to stand down in 'mid-2018'
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.