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London close: Stocks rise on China rate cut, Biden withdrawal
London's stock markets ended Monday on a positive note, buoyed by a surprise interest-rate cut from China and significant political news from the United States.
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Europa Oil identifies expanded resource on EG-08
Europa Oil & Gas announced a significant update on the EG-08 block on Monday, reporting that an additional 716 billion cubic feet (BCF) of unrisked prospective resources had been identified, bringing the total gross unrisked mean prospective resources on the block to 2. 116 trillion cubic feet equivalent (TCFe).
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Light Science flags strong momentum in contact electronics division
Light Science Technologies, which operates through three divisions - controlled environment agriculture (CEA), contract electronics manufacturing (CEM), and passive fire protection (PFP) - reported strong momentum in its CEM division on Monday, driven by a record-breaking year in the pest control market.
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AFC Energy inks strategic supplier agreement with Zollner
Hydrogen power generation technology specialist AFC Energy announced the signing of a strategic supplier agreement (SSA) with Germany's Zollner Elektronik on Monday.
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Kefi reports progress in Ethiopia, Saudi Arabia
Kefi Gold and Copper reported recent advancements at the Tulu Kapi Gold Project in Ethiopia in an update on Monday, where the early works programme, initiated in May, was progressing well.
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Brand Architekts sales set to slip as expected
Beauty brand business Brand Architekts Group said in an update on Monday that it expected sales for the financial year just ended to be around £17m, aligning with market expectations but down from £20. 1m in the 2023 period.
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Chaarat appoints share trading facilitator ahead of planned AIM delisting
Kyrgyz Republic-focussed mining explorer and developer Chaarat Gold announced the appointment of Asset Match to facilitate secondary trading in its shares in an update on Monday.
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Duke puts another £2.9m into media investor Step Investments
Duke Capital announced a follow-on investment of £2. 9 million into its existing capital partner, Step Investments, on Monday.
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Cornish Metals agrees sale of Mactung and Cantung royalty interests
Mineral explorer and developer Cornish Metals announced a binding agreement with Elemental Altus Royalties Corporation on Monday, for the sale of its royalty interests in the Mactung and Cantung tungsten projects in Northern Canada.
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Asia report: Markets fall on Biden withdrawal, China cuts rates
Asia-Pacific markets experienced a broad decline on Monday following significant political and economic developments.
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Fonix Mobile ends year ahead of market expectations
Mobile payments and messaging technology provider Fonix Mobile reported a strong full-year financial performance in a trading update on Monday.
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Tristel flags forecast-busting full-year results
Infection prevention products manufacturer Tristel released a robust trading update for the year ended 30 June on Monday, with revenues and pre-tax profits surpassing market expectations.
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Balanced Commercial Property sells Curzon Street office holding
Balanced Commercial Property Trust announced the sale of its multi-let office holding at 17A Curzon Street, London W1 on Monday.
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Entain appoints Gavin Isaacs as its new chief executive
Gambling giant Entain announced the appointment of Gavin Isaacs as its new chief executive officer on Monday, effective from 2 September.
Vodafone sells further Vantage Towers stake, Entain appoints new CEO
London open The FTSE 100 is expected to open 57 points higher on Monday, having closed down 0. 6% on Friday at 8,155. 72.