Market Report
US close: Dow notches 12th consecutive record close
US stocks shook off early losses to end higher, with the Dow notching up a record close for the 12th session in a row as President Trump teased investors with talk of a “big” announcement on infrastructure when he addresses Congress on Tuesday.
FX round-up: Sterling ends mixed after second Scotland independence vote worries abate
Sterling put in a mixed turn on key crosses Monday with this morning's weakness versus the US dollar recouped after worries about a second Scottish independence referendum stoked in the weekend press abated.
Bonds: Risk appetite bounces back, Italian political risks eyed
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Europe close: Italian stocks jump even as ruling party splits
European stocks were higher on Monday, with Italian stocks leading the way, as investors reacted to promises of greater defence and infrastructure spending from the US president and apparently shrugged off news that the ruling party in Rome had split.
Brexit fallout leaves BMW considering alternatives for Mini plant
Britain's decision to leave the European Union is a factor in BMW's doubts over whether to make electrically-powered Minis in its Oxford factory.
London close: FTSE ends higher as resources-led gains trump insurers' falls
Stocks in London ended Monday a little higher with gains among a resources-rich sweep of sectors beating falls in insurers and commercial property as the Tory rush to trigger Brexit hit another speed wobble in the form of Scottish indpendence.
XRT machinery arrives at Premier African's RHA project
Southern and western Africa-focussed multi-commodity resource and development company Premier African Minerals announced that the x-ray transmission (XRT) had arrived on site at RHA and was currently being assembled and integrated on Monday.
Sector movers: IMI, CRH pace gains on hopes for US economy
Newsflow out of the States and expectations for greater economic growth on the other side of the Pond was the common denominator in Monday's session.
Verona Pharma narrows loss as it strengthens structure
Clinical-stage biopharmaceutical company Verona Pharma announced its audited results for the year to 31 December on Monday, a period in which it raised gross proceeds of £44. 7m from a placing of 1. 56bn units at a price of 2. 873p per unit, with each unit comprising one new ordinary share and one warrant to purchase 0. 4 of an ordinary share.
Director dealings: Centamin chairman takes more profits
Centamin chairman Josef El-Raghy has sold another £13. 4m worth of shares in the Egyptain gold miner, topping off a month where he has sold a week around £49m worth of stock as the gold price remains elevated.
SNP may seek new independence referendum
Reports that the Scottish Nationalist Party (SNP) could call for a second referendum on independence after Prime Minister Theresa May triggers Article 50, the two year clock on formal negotiations with the European Union, sent the pound tumbling on Monday morning.
Trump to push for huge increase in US military spending, defence stocks spike
US President Donald Trump plans to push ahead with a budget that includes a £54bn, or 9%, rise in spending on armed forces, with an equivalent cut for spending on domestic agencies.
Commodities: Gold a snip ahead as markets look to Trump soapbox before Congress
Gold futures are a snip higher and sitting just below resistance as global markets anticipate US President Donald Trump's soapbox address to Congress on Tuesday, and also mull potential US Federal Reserve interest rate hikes this year.
US open: Markets take a breather ahead of Trump speech
Ahead of President Donald Trump's speech on tax, and possibly on fiscal spending plans, US stocks took a breather from previous record highs on Monday with the Dow on track to break its 12 day winning streak.
Galantas raises CAD 2.5m in two-part placing
Galantas Gold Corporation, the gold producer and explorer with a 100% interest in Northern Ireland's Omagh gold mine, announced on Monday that the private placement to the gross value of CAD 2,446,299, in line with the terms and proposed placing price previously outlined on 18 January, was anticipated to close in two parts.
Tuesday preview: Taylor Wimpey, GKN, Fresnillo among companies reporting
Results season digs in on Tuesday with the likes of Taylor Wimpey, GKN, and Fresnillo, and with only second-line economic data prints on the day, companies should get most of the attention.
US homebuying activity hits skids in January on lack of supply
A leading indicator of homebuilding activity in the States weakened unexpectedly at the turn of the year, especially in the Midwest and West and almost returning to its levels of a year ago nationwide.
Botswana Diamonds raises £525,000 to fund exploration programmes
AIM-listed miner Botswana Diamonds has raised £525,000 in order to fund drilling and exploration work at its South Africa and Botswana sites.
Mereo widens operating loss as drug development continues
Clinical stage, UK-based, biopharmaceutical company focused on rare and specialty diseases, Mereo BioPharma Group, announced its audited preliminary results for the year to 31 December on Monday - a year in which it was admitted to the AIM market on 9 June.
GlobalData sees record reported and deferred revenues
GlobalData posted its results for the 2016 calendar year on Monday, with group revenue increasing by 65% to £100. 0m and deferred revenue improving by 57% to £46. 1m year-on-year.