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London stocks remained in the red at the close on Monday, amid ongoing concerns over Sino-US trade relations and signs that the eurozone economy was stalling, although holiday firm TUI bucked the trend after rival Thomas Cook collapsed.
European stocks were still lower by end-of-play on Monday following the release of weak German manufacturing data, while investors eyed trade negotiations between the US and China.
Communications and radio frequency solutions provider MTI Wireless Edge announced on Monday that its antenna division has received an order valued at around $1m (£0. 8m).
Specialist industrial and logistics investor Urban Logistics REIT announced on Monday that it has exchanged contracts to acquire a portfolio of six parcel distribution depots from Connect Group for a total consideration of £9. 9m before purchaser costs, at a 7. 04% net initial yield.
Cloud-based cybersecurity technology vendor Osirium Technologies announced a “significant” contract win with an unnamed “major” UK provider of software and IT services to the public sector on Monday.
Markets in Asia finished mixed on Monday, with investors once again starting the week with their attention firmly fixed on developments in the strained trade relationship between the United States and China.
Commercial passenger aircraft leasing company Avation has delivered a second new ATR 72-600 aircraft, with manufacturer's serial number 1563, to the south Asian operator US-Bangla Airlines. , it announced on Monday.
Fertiliser producer Harvest Minerals has expanded the current mining area and added additional run-of-mine storage capacity at its Arapua Project in Brazil, it announced on Monday.
Sylvania Platinum announced on Monday that it intends to acquire up to 4. 2 million ordinary shares under a share buyback.
Clinical stage drug development company Evgen Pharma announced on Monday that five patients who participated in the ‘STEM’ trial received ‘SFX-01’ treatment for more than one year, with two of those patients continuing to be treated with SFX-01.
UK, Ireland and Spain-focussed light commercial vehicle hire specialist Northgate told shareholders that its strategic review, focussed on the company’s “significant intrinsic value”, was ongoing on Monday, as they gathered for their annual general meeting.
Mkango Resources announced on Monday that its majority-owned subsidiary Maginito has signed an investment term sheet and one-year exclusivity agreement with HyProMag - a private company focused on rare earth magnet recycling.
Clinical-stage biotechnology company PureTech Health announced on Monday that its majority-owned affiliate, Vedanta Biosciences, has added $16. 6m (£13. 34m) to its Series C financing round, bringing the total capital raised to $62. 1m.
AstraZeneca announced on Monday that ‘Qtrilmet’ - metformin hydrochloride, saxagliptin and dapagliflozin - modified-release tablets have been recommended for marketing authorisation in the European Union for the treatment of adults with type-2 diabetes.
London open The FTSE 100 is expected to open 12 points higher on Monday, having closed down 0. 16% at 7,344. 92 on Friday.