Market Report
Serinus Energy reports decent flow test results from Moftinu
Serinus Energy announced the flow-test results of the Moftinu 1003 well on Monday, which it had previously announced was drilled to 1,600 metres.
Ariana Resources preparing drilling programme at Ivrindi
Turkey-focussed exploration and development company Ariana Resources announced the results of recent exploration and development work at the Ivrindi Gold Project on Monday.
Prospex narrows losses as it makes good development progress
Investment company Prospex Oil and Gas issued its interim results for the six months ended 30 June on Monday, reporting “rapid progress” being made across its three key investment assets.
First gas confirmed at Bainet by Prospex
Investment company Prospex Oil and Gas has been advised by operator Raffles Energy that first gas production has commenced from the Bainet gas field at the EIV-1 Suceava Concession in North East Romania, it announced on Monday.
ShoreCap profits creep up amid investment in corporate broking
Rising costs and increased investment in corporate broking dragged on profits growth at stockbroker Shore Capital in the first half of the year but were mostly offset as profits accelerated in asset management.
Asia report: Most markets lower as US prepares fresh tariffs
Most markets in Asia ended in negative territory on Monday, after reports emerged over the weekend that the US could implement its latest round of punitive tariffs on more than $200bn of Chinese imports sometime this week.
Frontera in dispute with Yorkville Adviser fund over loan conerns
Frontera Resources is locked in a dispute with investment company Yorkville Advisors after raising serious concerns over the validity of the Cayman Islands-based group's calculations.
Sophos slumps on Deutsche Bank downgrade
Security software and hardware company Sophos was under the cosh on Monday as Deutsche Bank downgraded the stock to 'hold' from 'buy' and slashed the price target to 530p from 630p amid rising competition and as guidance looks challenging.
Quarto narrows losses in first half
Improved revenues and profit margins helped illustrated books publisher Quarto narrow losses throughout the first half of its trading year.
Tullow Oil a 'buy' as meaningful exploration returns - Canaccord
With Tullow Oil showing "clear signs of a return to meaningful exploration", analysts at Canaccord Genuity raised their rating on the group to 'buy' on Monday.
Christie's profits soar following strong demand for services
Christie Group saw revenues and profits move ahead in the first half of its trading year as its services remained in demand from commercial audiences.
Europe midday: Stocks dip on trade worries, but Italian issues outperform
European stocks edged lower in early trade on Monday, with sentiment undermined by escalating trade tensions between the US and China as Trump prepares to slap tariffs on another $200bn of Chinese goods and speculation that Beijing might snub offers to restart talks.
Hornby rallies on licensing agreement with Warner Bros
Hornby shares rallied on Monday after investors received some much-needed good news as the beleaguered model train set maker announced a licensing agreement with Warner Bros Consumer Products.
London midday: Stocks wallow amid trade tensions; IMF and BCC warn on Brexit
London stocks were down but off lows by midday on Monday as trade concerns continued to weigh on investors' minds, with US President Trump set to slap tariffs on a further $200bn on Chinese imports.
US pre-open: Stocks to slip as trade worries resurface
US stocks looked set to slip 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.
ITV dips on reports of interest in MasterChef producer Endemol
ITV shares fell on Monday after weekend reports linking it with the potential acquisition of the production company responsible for MasterChef, Big Brother and Peaky Blinders.
Europe open: Stocks drop amid escalating trade tensions; H&M bucks trend
European stocks edged lower in early trade on Monday, with sentiment undermined by escalating trade tensions between the US and China as Trump prepares to slap tariffs on another $200bn of Chinese goods.
Petra Diamonds earnings rise, CEO Dippenaar to step down
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.
Acquisitions drive first-half growth at Warpaint London
Colour cosmetics specialist Warpaint London issued its unaudited interim results for the six months ended 30 June on Monday, reporting a 38. 7% rise in sales to £18. 4m year-on-year.
Imaginatik confirms further delay with equity investment
Corporate innovation management provider Imaginatik updated the market on its potential equity investment on Monday, confirming that the investor was still in discussions to make a controlling equity investment in the company.