London stocks were steady in early trade on Tuesday amid signs of progress in US-China trade talks, but with investors cautious as Boris Johnson's Brexit deal faced its first major parliamentary hurdle.
Premier Inn owner Whitbread on Tuesday reported a drop in interim profit and flat revenue after Brexit uncertainty impacted regional hotel demand.
HgCapital Trust plans to invest in global energy and commodity price reporting provider Argus Media, it announced on Tuesday, subject to regulatory approval.
Synthomer updated the market on the voting outcomes of its 2019 annual general meeting on Tuesday, following a “significant” minority vote against the resolution relating to the re-election of its chairman Neil Johnson as a non-executive director.
Anglo American on Tuesday said third quarter production rose 4% driven by a ramp up in iron ore output at its Brazilian operation where it raised full year guidance.
Builders' merchant Travis Perkins said on Tuesday that it had paused the sale of its plumbing and heating business as it reported a jump in third-quarter sales.
Wealth management company St. James’s Place updated the market on its new business and funds under management for the third quarter on Tuesday, with gross inflows falling to £3. 74bn from £3. 83bn last year.
Consumer goods giant Reckitt Benckiser cut its full-year sales growth forecast on Tuesday after a "disappointing" third quarter, amid slowing demand for some of its products in the US and China.
London open The FTSE 100 was called to open seven points higher at 7,170.
London stocks were set to nudge tentatively higher on Tuesday as investors turn their attention to parliament.
The UK government needs to make companies employing more than 30 people report their gender pay gaps if inroads are to be made into the persistent bias in wages and salaries, a senior Bank of England official has said. Andy Haldane, Threadneedle Street’s chief economist, said only 40% of the private-sector workforce was covered by legislation that obliges companies with more than 250 staff members to publish details of differences in pay between men and women doing identical jobs.
Distribution and services group Bunzl said third quarter revenue grew by 4% and reaffirmed full year expectations against mixed global macroeconomic conditions.
Trading on Wall Street finished as it started on Monday - in the green - thanks to positive headlines around the US-China trade talks emanating from Beijing and Washington, and increasing optimism that the UK would be able to avoid crashing out of the European Union.
Markets' focus on Tuesday will remain on Brexit, with the government expected to propose a programme motion laying out an accelerated timeline for approval of its withdrawal bill by 31 October.
Enquest chief, Amjad Bseisu, bought 2,154,756 shares in the oil explorer on Friday at an individual price of 18. 5p for a total transaction amount of £398,629. 86.
European stocks finished higher on Monday, as investors digested positive signs for Sino-US relations after a chaotic weekend of Brexit action.
Analysts at Cannacord Genuity reiterated their 'buy' recommendation and 16. 0p target price on shares of gold miner Petropavlovsk thid quarter sales and production data.
Trading on Wall Street got off to a good start on Monday, thanks to positive headlines around the US-China trade talks emanating from Beijing and Washington and increasing optimism that the UK would be able to avoid crashing out of the European Union, although according to analysts passage of Prime Minister Boris Johnson's Brexit proposal could turn out to be less straightforward than some expected.
Stocks finished in the green on Monday, even after the speaker of the House of Commons decided against allowing a meaningful vote on the government's Brexit proposal, helped by positive headlines around the US-China trade negotiations.
The pound was unfazed by the Speaker of the House, John Bercow's, decision not to allow a "meaningful vote" on the Prime Minister's Brexit proposal to go ahead on Monday, as some observers had correctly anticipated.