Market Report
Liberum initiates coverage on CareTech with 'buy' rating
Analysts at Liberum initiated coverage on CareTech with a 'buy' rating on Monday, noting that the UK market for social services was worth £16bn and still growing.
Commodities: Baker Hughes data weighs on WTI Rusal news lifts metals
Commodities were modestly lower on Monday, despite a dip in the US dollar index, following a bearish reading for a key survey on US energy exploration.
Europe close: International trade concerns offset by reports on Italian budget
European stocks finished on a mixed note on Monday, as traders waited to see whether Washington would finally push ahead with a new round of tariffs on Chinese goods and if China responded by ruling-out restarting trade talks.
London close: Shares finish day little changed, despite trade concerns
London stocks finished the session little changed as trade concerns continued to weigh on investors' minds, with US President Trump set to slap tariffs on a further $200bn-worth of Chinese imports, possibly as soon as Monday evening.
Results round-up
Petra Diamonds posted a rise in full-year adjusted earnings on Monday as it announced the departure of long-serving chief executive officer Johan Dippenaar.
Director dealings: Wetherspoon's chief executive ups stake
Wetherspoon's chief executive John Hutson purchased 8,384 ordinary shares in the FTSE-100 pubco on Monday.
China will not 'play defence' in US trade war, says Global Times
China will respond to "unilateral" US tariffs with firm countermeasures in the escalating trade war between the two countries, according to a report from widely read Chinese newspaper Global Times.
Sector movers: Utilities rebound, tech stocks hit by China
Utilities were the most noticeable climbers on Monday, led by the electricity sector and with water companies joining in.
FX round-up: Pound higher as speculators trim shorts
The pound was trading on the front foot at the start of the week, helped by news that speculators had pared their 'bearish' bets on 'cable', as traders call the exchange rate between the pound and the US dollar.
FTSE 100 movers: Ocado gains ahead of update; GVC hit by broker note
London's FTSE 100 was down 0. 1% to 7,298. 22 in afternoon trade on Monday as investors kept an eye on US-China trade talks.
FTSE 250 movers: Sirius on fertile ground; Sophos dives
London's FTSE 250 was steady at 20,362. 95 in afternoon trade on Monday.
US open: Mixed trading at the bell as trade tensions between the US and China seem to escalate
US stocks saw some mixed trading at the open on Monday as trade tensions between the US and China escalated, with Trump set to implement a fresh round of tariffs on a further $200bn-worth of Chinese goods.
Restore profits boosted by improved margins and acquistions
British office services provider Restore saw revenues and profits move ahead in the first half of its trading year thanks, in part, to a good initial contribution from its recent acquisition of TNT Business Solutions.
Boohoo appoints Primark's John Lyttle as CEO
Fast fashion retailer Boohoo has poached Primark's chief operating officer, John Lyttle, for the role of chief executive.
Morgan Stanley trims target price for Prudential, but reiterates 'overweight'
Analysts at Morgan Stanley trimmed their target price for shares of Prudential but reiterated their 'overweight' recommendation for the stock ahead of its de-merger into an asset manager to be called M&G Pru and an insurer focused on the UK, US and, above all, Asia.
Tri-Star Resources narrows loss as it nears completion of Oman project
Mining and minerals processing company Tri-Star Resources announced its unaudited results for the six months ended 30 June on Monday, reporting that its principal activities during the period continued to be its investment in an antimony and gold production facility in the Sultanate of Oman.
Empire State manufacturing index drops in September
Business conditions in the New York region deteriorated in September, according to a survey from the New York Fed.
W Resources adds more experience to board
Tungsten, copper and gold mining company W Resources announced the appointment of Pablo Neira and James Argalas as non-executive directors, who were joining the board with immediate effect.
ClearStar swings to EBITDA profit in first half
Background check technology and service provider ClearStar announced its unaudited results for the six months ended 30 June on Monday, reporting an 11% improvement in revenue to $9. 9m.
Greatland Gold launches second drilling programme at Western Australian asset
Greatland Gold has kicked off its second drilling programme at its Havieron asset in order to test the extent and direction of a high-grade zone of gold and copper mineralisation uncovered during the firm's maiden drill campaign.