Market Pulse
Kefi Minerals on track for 2017 gold production
Kefi Minerals believes it is on track to start producing gold in 2017.
FX round-up: Euro loses ground against the dollar ahead of ECB meeting
The euro was a little weaker against its major rivals on Monday in fairly quiet trade, as investors looked to the European Central Bank meeting later in the week, amid expectations that further stimulus measures could be announced.
US open: Equities get week off to a bad start amid disappointing earnings and poor Chinese data
US stocks declined on Monday, as disappointing Chinese data and a series of unimpressive earnings report did little to lift morale among investors.
Greenko Group seals sale of Mauritius business and pledges cash return
Indian clean energy producer Greenko Group has confirmed the impending sale of its Mauritius-registered operating subsidiary for £162. 8m cash, to be followed by a bumper cash return to shareholders.
Halliburton swings to quarterly loss as North American demand dips
Oil field services giant Halliburton swung to a third quarter loss as its North American business continued to suffer from sluggish demand due to the oil price retreat.
Asda halts expansion plans as supermarket sector struggles
Asda has halted plans for expansion in London after reporting its worst quarterly results in 66 years.
Alba Mineral raises GBP385,000 in placing
UK-based exploration company Alba Mineral Resources has raised £385,000 in a placing of 154m shares at 0. 25p each.
Lok'nStore posts record financial results
Lok'nStore Group has had a record year, boosted by growth from a number of new stores.
MySQUAR signs first major service agreement as users top 1.5m
MySQUAR announced a service agreement with mobile payments company MyPAy Limited, as it said its users have broken through the 1. 5m mark.
Ixico full-year income in line with expectations
Brain health company Ixico reported revenues for the year of £3. 1m and other income at £1m, in line with market expectations and giving a total combined income of £4. 1m.
Inland Homes delays full year results
Inland Homes has delayed the release of its financial results of the year to 30 June 2015.
MX Oil on track to becoming a multi-asset company
MX Oil said its Aje-5 well offshore Nigeria has been successfully completed and the reservoir has been perforated in the upper and lower oil bearing zones, meaning it’s on track to becoming a multi-asset company in the very near term.
Griffin Mining suspends operations at Chinese mine as it investigates employee's death
Griffin Mining has suspended operations at its Caijiaying mine in China while it investigates the death of an employee.
London midday: Stocks near unchanged after China data
Markets were holding near the unchanged mark come midday as investors digested a mixed bag of data out of China.
Elegant Hotels Group could be hit by tax changes
Elegant Hotels Group’s post-tax profit could be affected by tax changes in Barbados.
City of London Group admitted to AIM
City of London Group’s shares have been admitted to trading on the AIM.
US pre-open: Futures head lower amid disappointing Chinese data as investors await earnings
US stock futures edged lower on Monday, as the latest Chinese data did little to lift morale among investors.
Europe midday: Equities in the black as investors mull over China GDP
European equity markets edged higher on Monday, underpinned by some well-received corporate news, as investors digested a slew of Chinese data releases.
Michelmersh Brick reports rising brick prices will lead to profit boost
Full year profits at Michelmersh Brick (MBH) will beat current forecasts as the brick-and pavior-maker benefited from rising selling prices in the second half, which may have wider implications for the construction sector.
PeerTV rockets as it looks to cut stake in Digitek
Shares in PeerTV rocketed after the company announced a proposed capital restructuring of cash-hungry subsidiary Digitek.