Market Report
Europe close: Stocks up in quiet start to the week
European shares began the week on the front foot on a relatively quiet day for economic reports and company earnings.
London close: Stocks rise as investors shrug off central bank risks
London stocks managed to close in positive territory on Monday, buoyed by a rise at the open for US markets, and after some mixed trade data out of China.
Broker tips: Hargreaves Lansdown, Touchstone Exploration, Legal & General
Analysts at Barclays took a fresh look at financial services giant Hargreaves Lansdown following the release of the group's full-year results last week.
FTSE 250 movers: PageGroup slumps on cautious outlook
The FTSE 250 was up 0. 61% at 20,173. 78 at 1536 BST.
US open: Stocks trade higher ahead of CPI reading
Wall Street stocks were in the green early on Monday ahead of a key inflation report scheduled for later in the week.
FTSE 100 movers: Hargreaves Lansdown rallies; Phoenix hit by downgrade
London’s FTSE 100 was up 0. 9% at 7,505. 02 in afternoon trade on Monday.
Risk/reward for equities 'not all bad' heading into year-end, says JPMorgan
JPMorgan Cazenove said on Monday that the risk/reward for equities is "not all bad" as we head into year-end.
Palantir lowers full-year guidance, pulls forecast for medium-term growth
Shares of Palantir reeled after the data analytics outfit guided lower for full-year sales and profits.
Good Energy investment Zap-Map completes £9m series-A round
Renewable electricity supplier Good Energy announced on Monday that electric vehicle charging point mapping service Zap-Map has completed a £9m series-A fundraising, valuing Zap-Map at a £26. 3m post-money equity value.
Canaccord Genuity nudges up target price on Touchstone Exploration
Analysts at Canaccord Genuity slightly raised their target price on exploration and production firm Touchstone Exploration from 190. 0p to 200. 0p on Monday after the group secured environmental approvals for its Cascadura development.
Solid State completes acquisition of LA-based Custom Power
Computing, power and communications value-added component supplier Solid State has completed the acquisition of Custom Power, it announced on Monday.
Anglo Asian Mining joins Libero Copper's private placement
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining has made a further investment in Libero Copper & Gold Corporation, it announced on Monday.
Tertiary Minerals sells Finnish royalties to Canada's Aurion
Tertiary Minerals has accepted a binding offer from Aurion Resources for the purchase of its royalty interests in the Kaaresselkä and Kiekerömaa gold projects in Finland, it announced on Monday.
Egdon, Union Jack confirm appeal to Lincolnshire council planning refusal
Egdon Resources and Union Jack Oil both told shareholders on Monday that an appeal against a refusal by the Lincolnshire County Council had been submitted.
Pfizer to buy Global Blood Therapeutics in $5.4bn deal
Pfizer has agreed to buy biopharmaceutical group Global Blood Therapeutics for $5. 4bn in cash.
Seed Innovations puts another £50k into South West Brands
Medical cannabis, health and wellness-focussed investor Seed Innovations has invested a further £50,000 in London-based wellness and beauty brand owner South West Brands (SWB), it announced on Monday.
Michael Lynch-Bell appointed as new Serabi Gold chair
Brazil-focussed miner and developer Serabi Gold announced the appointment of Michael Lynch-Bell as a non-executive director and its new chairman on Monday, with immediate effect.
R&Q reports strong premiums growth in first half
Non-life specialty insurance company R&Q reported gross written premiums of $807m in a first-half update on Monday, up 82% year-on-year.
Hutchmed upbeat on latest study results for colorectal cancer treatment
Hutchmed China announced on Monday that the “pivotal” global phase three trial evaluating the investigational use of ‘fruquintinib’ met its primary endpoint of overall survival in patients with advanced, refractory metastatic colorectal cancer (CRC).
Europe midday: Shares maintain gains as investors ponder China trade data
European shares maintained gains at midday on Monday as investors assessed a strong rise in China's trade surplus.