Market Pulse
US close: Stocks rally on economic data, oil price recovery
US stocks rallied on Tuesday after an upbeat batch of economic data and an uptick in oil prices.
London close: Housebuilding stocks lift equities higher
UK stocks advanced on Tuesday, boosted by housebuilders after a report showed a record increase in November house prices.
Europe close: Stocks end higher in holiday-thinned trade as oil recovers
European stocks rose on Tuesday as oil prices recovered following sharp declines in the previous session.
Zambeef non-exec director increases holding
Non-executive director Adam Fleming picked up shares in Zambeef Products through trust Rhodora Limited, of which he is a beneficiary.
Sector movers: Housebuilders rise after upbeat data
Housebuilders were among the top risers in the UK on Tuesday after a report showed house prices reached a record high in November.
Barclays in $13.75m settlement with US regulator
The Financial Industry Regulatory Authority (FINRA) has ordered Barclays to pay $13. 75m (£9. 3m) to settle claims over unsuitable mutual fund transactions and related supervisory failings.
US consumer confidence beats expectations in December
The US Conference Board’s consumer confidence index rose to 96. 5 in December from 92. 6 the previous month, comfortably beating economists’ expectations for a reading of 93. 6.
FTSE 250 movers: Allied Minds leads index higher; Serco hits the buffers
The FTSE 250 was 0. 66% higher at 17,530 in afternoon trading, in lacklustre post-Christmas trade.
FTSE 100 movers: Housebuilders gain but RSA slides on flooding cost
London’s FTSE 100 was up 0. 6% to 6,293. 74 at 1440 GMT in thin volumes, with many traders still away from their desks for the Christmas holidays.
US house prices rise in October
House prices in the US were up 5. 2 % in October compared to the same month last year, according to the S&P/Case-Shiller National Home Price Index.
US open: Stocks climb as oil prices stage recovery
US stocks advanced on Tuesday as oil prices recovered and investors weighed economic data.
Sound Energy agrees field management deal with Schlumberger
Mediterranean-focused oil and gas company Sound Energy has entered into a field management agreement with an affiliate of Schlumberger Oilfield Holdings in relation to the Tendrara licence onshore Morocco.
US trade deficit narrows in November
The US trade deficit on goods in November narrowed to $60. 5bn from an upward revised $61. 9bn the previous month, according to data from the Census Bureau on Tuesday.
Wednesday preview: Housing industry data in UK and US in focus
The market is set to face another quiet session on Wednesday with many traders still on hiatus for Christmas.
China New Energy inks first deal in North America
AIM-listed engineering and technology solutions provider China New Energy has inked its first deal in North America and raised £200,000 via a share subscription.
Melrose to return £2.4bn to shareholders following Elster disposal
Melrose Industries said it has completed the £3. 3bn disposal of its Elster business to Honeywell International and announced the proposed return of around £2. 4bn in cash to shareholders, equivalent to 240p per ordinary share.
US pre-open: Stock futures point to positive open
US stock futures pointed to a positive open on Wall Street, as oil prices recovered from hefty falls.
London midday: Stocks lifted by housebuilders
The UK equity market rose on Tuesday, led by house building stocks after a report showed a record increase in prices.
Europe midday: Stocks rise as oil prices steady, but volumes thin
European stocks rose on Tuesday, supported by a positive tone in Asia and steadying oil prices.
Sainsbury's sale of pharmacies delayed by CMA probe
The sale of Sainsbury's pharmacy business to Celesio has been delayed after the UK competition watchdog said it was launching a full investigation.