Market Pulse
US pre-open: Futures mixed ahead of holiday-shortened week
Major indices were mixed ahead of the bell on Monday as market participants prepared for the holiday-shortened week.
London midday: FTSE nudges up in quiet trade; GDP in focus
London stocks had nudged into the black by midday on Monday in quiet trade, as data showed the UK economy stalled in the third quarter.
ECR signs non-binding deal to sell Mercator Gold Australia
ECR Minerals announced on Monday that it has signed a non-binding agreement with Octo Holdings for the potential sale of its wholly-owned subsidiary, Mercator Gold Australia (MGA).
Hummingbird urges shareholders to vote in line amid cash crisis
Hummingbird Resources updated the market on its operational and financial position on Monday, revealing significant underperformance at its Kouroussa and Yanfolila gold mines and warning of imminent financial instability without substantial external funding.
Orosur releases promising assay results from Pepas prospect
Orosur Mining announced promising assay results from the Pepas prospect at its flagship Anzá Project in Colombia on Monday.
Seeing Machines secures £26.2m strategic investment
Computer vision technology group Seeing Machines has secured a £26. 2m strategic investment from Mitsubishi Electric Mobility as part of a collaboration agreement between the pair.
Asia report: Most markets start holiday week in the green
Markets in the Asia-Pacific region started the Christmas week on a positive note, buoyed by optimism surrounding a potential merger between Honda and Nissan, as well as a favourable inflation report from the US that lifted global sentiment.
ITM Power to supply three NEPTUNE V units to German company
Energy storage and clean fuel company ITM Power has signed a contract to supply three NEPTUNE V units, totalling 15 megawatts, to a family-owned private German company.
Falcon Oil drills Shenandoah South Pilot Project well
Falcon Oil & Gas announced on Monday that it has successfully drilled the Shenandoah S2-4H (SS4H) well in the Beetaloo Sub-basin of Australia’s Northern Territory as part of its Shenandoah South Pilot Project.
Haydale Graphene reviews operations, appoints new CEO
Haydale Graphene Industries announced on Monday that it has completed a comprehensive business review and unveiled a strategy aimed at achieving near-term profitability while focusing on high-growth opportunities.
Good Energy extends deadline for potential offer from Esyasoft
Good Energy Group announced an extension to the deadline for Esyasoft Holding to decide on a potential offer for the company on Monday.
Gemfields shares slide as it addresses market challenges
Gemfields announced a series of measures to address significant challenges affecting its business on Monday, while maintaining a focus on the completion of its second ruby processing plant at Montepuez Ruby Mining (MRM) in Mozambique.
Boohoo sells London office for £49.5m
Online fashion retailer Boohoo said on Monday that it has completed the sale of its London office, located on Great Pulteney Street, Soho, for £49. 5m in cash.
London open: Stocks fall as UK economy stagnates
London stocks fell in early trade on Monday as data showed the UK economy stalled in the third quarter.
Frasers to make fresh proposal after Boohoo shareholders reject Ashley
Frasers Group responded to the outcome of Boohoo’s Friday shareholder vote on Monday, after it saw the rejection of the proposed board appointments of Frasers’ Mike Ashley and restructuring expert Mike Lennon to the Boohoo board.
Petrofac enters into binding agreement with creditors on restructuring terms
Petrofac said it had entered into a binding agreement with key financial creditors on the terms of a comprehensive restructuring "to significantly strengthen the financial position of the group" and enable it to deliver its strategy.
NAHL Group in final discussions to sell Bush & Co
NAHL Group updated the market on the potential sale of Bush & Co, its critical care division, on Monday, confirming ongoing discussions with final bidders.
UK economy stagnates in third quarter
The UK economy stagnated in the third quarter of the year, according to figures released on Monday by the Office for National Statistics.
London pre-open: Stocks seen flat as investors mull UK GDP
London stocks were set for a steady open on Monday as investors mulled the latest UK GDP data in what was likely to be a fairly quiet session as we head towards the Christmas break.
Monday newspaper round-up: business activity, exporters, Donald Trump
British firms are predicting a sharp fall in business activity in the new year, in the latest economic snapshot to warn of an increasingly gloomy outlook for the UK in 2025. The growth indicator survey from the Confederation of British Industry (CBI) indicates firms are preparing to cut down on hiring and reduce output over the next three months. – Guardian.