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US close: Stocks mixed as traders continue to digest Trump presidency
US stocks were mixed at the closing bell on Thursday as traders continued to digest Donald Trump’s election victory and what it means for markets.
Europe close: Banks and basic resources higher again
European stocks slipped on Thursday, taking their cue from weak start to the day on Wall Street and as government bond yields in the euro area came under pressure, as investors in that space played catch-up with the price action in US Treasuries during the previous session.
FX roundup: Trump-inspired inflation hopes help lever US dollar, sterling higher
The US dollar turned in strong performances across most major crosses on Thursday as investors bet a Donald Trump presidency of the US would see global inflation kick higher.
Tim Cook urges unity after Trump elected president
Apple CEO Tim Cook has urged his employees and people up and down the country to move on and work together after Donald Trump's election as president of the United States.
Henderson Far East gains from Brexit vote
Investment Trust Henderson Far East, which provides a diversified portfolio of investments traded in the Asia Pacific region, reported a positive total return for the year ended 31 August 2016 due to the devaluation in Sterling following the result of the EU referendum.
London close: Blue chips slide, led by gold-exposed miners amid profit-taking
London blue-chip stocks fell on Thursday as traders took profits stoked by Donald Trump's election win, with gold-exposed miners, pharmaceutical and US rates-sensitive utilities all flopping.
Small cap round up
Investment group Mercia Technologies has swung to a first-half pre-tax profit thanks to a marked improvement in revenue and fair-value gains on investments. "Thus far, over £30m of the IPO proceeds have been invested to strengthen our direct investment portfolio," said chief executive Mark Payton.
Thalassa slams Local Shopping performance, cleans out board
Thalassa announced on Thursday that it exercised its rights as a holder of 23. 48% of the issued share capital of the Local Shopping REIT to requisition the convening of a general meeting of LSR on Wednesday, to remove from its board of directors Stephen East and Nicholas Vetch and to appoint to its board Duncan Soukup, Chairman of Thalassa, John Hutchinson and Toby Burgess.
Commodities: Crude schleps south amid spectres of oversupply, slowing growth
Crude oil futures continued their southbound schlep on Thursday afternoon as traders remained haunted by the twin spectres of oversupply and slowing global growth.
Amazon's Eco Alexa voice control to be used on LightwaveRF's products
Amazon’s Eco Alexa voice control is to be used on LightwaveRF’s products, which enables users to remotely control light, heat, power and security through an application, on Thursday.
NetDimensions revenue improves as its board courts suitors
Performance, knowledge and learning management systems provider NetDimensions posted a trading update for the three months to 30 September on Thursday.
Idox performs in line with expectations
Idox, an AIM-listed supplier of specialist information management solutions and services, reported growth was in line with expectations for the year ended 31 October 2016.
Alibaba executive warns Trump of danger of China dispute
Vice chairman of Alibaba Joe Tsai has aimed a warning in the direction of Donald Trump as the New York businessman prepares to take over ther White House in January, claiming that the US will be damaged by a breakdown in relations with China.
Farage claims that he was "catalyst" for Trump victory
UKIP leader Nigel Farage has claimed that he was a factor in Donald Trump winning the US presidential election on Tuesday.
Winkworth issues profit warning amid slowing activity
In trading update for July to November, real estate franchisor M Winkworth cautioned that full-year sales and profits are likely to be slightly below market expectations due to a slower-than-anticipated level of activity over the autumn.
Westminster Group confirms start of Sierra Leone ferry service
Government and commercial managed services supplier Westminster Group announced on Thursday that its ferry division, Sovereign Ferries, was preparing for commencement of its long awaited ferry service in Sierra Leone, West Africa.
Results round-up
Electricity infrastructure operator National Grid posted its half-year report on Thursday, with adjusted earnings per share of 28. 2p, flat compared to the same period last year, and operating profit of £1. 9bn, up 1% including favourable timing and the effect of foreign exchange.
FTSE 250 movers: Copper stocks rally but gold producers slump
The FTSE 250 index rose 0. 79% to 17,729. 56 in afternoon trade.
US open: Stocks mixed as investors digest Trump presidency
US stocks were mixed on Thursday as investors digested Donald Trump’s surprising election victory.
OneView Group warns on revenues ahead of interim results
Digital retail transformation software provider OneView provided a trading update on Thursday, ahead of its interim results.