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Tuesday preview: UK public sector borrowing, CRH in the spotlight
Investors' focus on Tuesday was expected to be on UK public sector borrowing data covering the month of October.
Europe close: Stocks end session on a mixed note amid drag from Asia
European markets struggled for direction on Monday as investors digested China's first Covid-19 deaths in six months, ending the session slightly lower for the most part.
Numis and RBC sound a positive note on TT Electronics after latest update
Analysts at RBC Capital revised their target price for shares of TT Electronics lower on the back of the electronic component manufacturer's latest update.
Oil prices slide as Saudi Arabia reportedly mulls output hike
Oil prices were being pushed lower on Monday afternoon, on reports that Saudi Arabia and its OPEC allies were mulling an increase in output.
London close: China concerns drag FTSE 100 lower
London stocks were in a mixed state at the close on Monday, with the top-flight index slipping into the red amid renewed Covid-19 concerns out of China.
Broker tips: Iofina, Beazley
Analysts at Canaccord Genuity initiated coverage on specialty chemicals group Iofina at 'buy' on Monday as it pointed to a "strong return profile ahead".
FTSE 250 movers: Virgin in the money, RHI Magnesita
FTSE 250: 19,437. 78 , up 0. 80% at 1530 GMT.
Director dealings: Seeing Machines non-executive director raises stake
Seeing Machines revealed on Monday that non-executive executive Michael Brown had acquired of 1. 41m shares in the AIM-listed technology group.
Virgin Money shares surge on profit rise, share buyback extension
Virgin Money shares surged on Monday as the bank reported a 43% rise in full-year profits driven by higher interest rates and said it would extend its share buyback by £50m.
FTSE 100 movers: Endeavour rallies; Ocado in the red again
London’s FTSE 100 was down 0. 2% at 7,368. 90 in afternoon trade on Monday.
FCA warns trading app designers not to encourage gambling-like behaviour
Britain’s Financial Conduct Authority has called on designers of stock trading to make sure they do not lure investors to behave like they were gambling.
Ncondezi shares slide on Tete solar project update
Ncondezi Energy updated the market on its solar photovoltaic and battery energy storage system project in Tete, Mozambique on Monday.
BoE official calls for tighter crypto regulation
A senior Bank of England official has called for the cryptocurrency sector to be tightly regulated following last week’s collapse of FTX.
Bear market in global equities not over, says Goldman Sachs
The bear market in global equity markets is not over, Goldman Sachs said in a strategy note on Monday.
Virgin pulls support for 3rd Heathrow runway unless charges cut
UK-based Virgin Atlantic has pulled support for Heathrow airports’s plans to build a third runway plans as the two organisations continue to row over fees.
US open: Stocks mixed as Disney gives Dow Jones an early boost
Wall Street trading got off to a mixed start early on Monday as Disney shares pushed the Dow Jones higher at the beginning of the holiday-shortened week.
Merck to buy Imago BioSciences in $1.35bn deal
Merck has agreed to buy cancer drug developer Imago BioSciences in a $1. 35bn deal.
UK retail footfall up just 1.6% in lead-up to Black Friday
Retail footfall grew just 1. 6% week-on-week in the seven days ended 19 November, according to retail experts Springboard, with consumers seemingly yet to make the most of already live Black Friday promotions.
Sunak rules out Swiss-style deal with EU
Prime Minister Rishi Sunak insisted on Monday that the UK would not pursue any Swiss-style deals with the European Union.
Europe midday: Shares struggle for direction; Virgin Money soars
European markets were struggling for direction at the open on Monday as investors eyed China’s first Covid-19 deaths in six months.