Market Report
Europe close: Stocks mostly higher despite weak manufacturing PMIs
European stocks were mostly higher at the start of August, even as investors digested weak manufacturing data for the eurozone and China.
London close: Stocks turn weaker on fresh geopolitical tensions
London stocks turned negative by the end of trading on Monday, as geopolitical jitters around China and Taiwan spooked investors in late trading.
Broker tips: NatWest, Capital Limited
Analysts at Berenberg raised their target price on lender NatWest from 300. 0p to 350. 0p on Monday, stating the group's second-quarter results had provided "a valuable glance" at its "attractive" return prospects.
FTSE 100 movers: Pearson, HSBC lead the way in flat market
The FTSE 100 was flat at 7,422. 88 at 1530 BST.
FTSE 250 movers: Quilter surges, but Ascential slumps
The FTSE 250 (MCX) was down 0. 64% at 20,036. 58 at 1500 BST.
US open: Stocks mixed as Chinese data, Fed comments remain in focus
Wall Street stocks were mixed early on Monday as Chinese data and comments from the Fed's Neel Kashkari were in focus at the bell.
London midday: FTSE 100 starts August on the front foot
London shares were modestly higher shortly after midday with the buying seen across July having carried over into the start of the month.
SDI buys steriliser maker LTE Scientific for £4.2m
Digital imaging and sensing technology company SDI announced the acquisition of UK-based sterilisation and decontamination equipment manufacturer LTE Scientific for total consideration of £4. 2m on Monday, net of excess cash acquired.
Trellus Health appoints Steve Young as interim finance chief
Connected health technology developer Trellus Health announced the appointment of Stephen ‘Steve’ Young as its interim chief financial officer on Monday, with immediate effect.
Seed Innovations puts £0.17m into palm oil alternative developer
Medical cannabis, health and wellness investor Seed Innovations has invested £0. 17m in Clean Food Group, a UK-based cellular agriculture company focused on the commercialisation of palm oil by fermentation, it announced on Monday.
Eight new patent applications filed by e-therapeutics
Computational drug discovery and development company e-therapeutics announced the filing of eight further patent applications in the United States on Monday, to protect innovation arising from its proprietary ‘GalNAc-siRNA’ technology.
Belvoir trading in line with management expectations
Property and financial services franchise Belvoir Group said in an update on Monday that group revenue in its first half increased 11% year-on-year, despite 2021 being an “exceptionally strong” year for the property sector.
Nostra Terra reaches early payback on Fouke 2 well
Texas-focussed oil and gas explorer and producer Nostra Terra announced on Monday that the Fouke #2 well, in which it has a 32. 5% working interest, had reached payback less than three months from production start-up.
Vast Resources to begin molybdenum concentrate production
Production and development company Vast Resources announced on Monday that it will start molybdenum concentrate production in August at its Baita Plai Polymetallic Mine in Romania.
i3 Energy farms out 25pc block interest to Europa Oil
UK and Canada-focussed oil and gas company i3 Energy announced the completion of the farmout of a 25% working interest in block 13/23c North on licence P2358 on Monday, which contains the Serenity discovery, to Europa Oil and Gas.
GlobalData records 'strong' first half result
GlobalData reported a “strong” first half revenue performance on Monday, up 23% to £111. 9m, with underlying revenue growth accelerating to 10%.
Asia report: Stocks rise as China manufacturing growth falls short
Stock markets closed higher in Asia on Monday, after fresh data out of China showed the country’s factory activity expanding less than expected in July.
US pre-open: Futures trade lower following Chinese data
Wall Street futures had stocks opening modestly lower on Monday as Chinese data and comments from the Fed's Neel Kashkari were in focus ahead of the bell.
Europe midday: Shares hold gains despite weak eurozone, China PMIs
European stocks were higher at midday on Monday, as investors digested weak manufacturing data for the eurozone and China.
Europe open: Stocks edge ahead in quiet trade
European stocks edged ahead at the open on Monday, as investors looked on for direction after weak China manufacturing data.