Market Pulse
Nintendo surges as markets catch onto Pokemon Go fever
Nintendo stock surged nearly 25% in Tokyo on Monday as the staged rollout of the Pokémon Go mobile game far surpassed most expectations, topping Apple's app charts in the US and Australia and reviving opinions of the Japanese gaming giant.
US close: Stocks finish higher on strong jobs data
US stocks finished higher on Monday as investor sentiment continued to be lifted by last Friday’s strong jobs report.
Hopes of end to policy vacuum in UK lifts real estate stocks
Real estate-related stocks and miners paced gains at the start of the week, with the former deriving support from news that Theresa May was set to become Prime Minister on the following Wednesday, helping to lift a tad of the uncertainty which had been weighing on the UK market.
London close: Real estate stocks jump as political uncertainty recedes
London stocks clocked in with sharp gains at the start of the week after news broke that Theresa May would become Britain's next prime minister and on expectations for further monetary policy easing by the Bank of England and its Japanese counterpart.
Tissue Regenix's devices a step closer to product launch
Regenerative medical device company Tissue Regenix released an update on two of its devices for a potential pilot study and product launch.
Starbucks hands out 150,000 raises to its workers
Starbucks is taking swift action to quash criticism from certain employees regarding working conditions, by giving out 150,000 pay rises to those working in its US stores.
Europe close: Stocks rally on Japan stimulus hopes
European stocks rallied on Monday on hopes of further monetary easing in Japan following the elections over the weekend.
Small caps news round-up
Aberdeen Asset Management has reportedly appointed broker Strutt & Parker to sell a London office property, which is part of a real estate fund suspended from trading. Bloomberg cited three unnamed people “familiar with the matter” as confirming 10 Hammersmith Grove - a building with a value of £105m - will be offered by the firm.
Pound weakness to boost Glaxo´s second quarter sales and EPS
The pound´s depreciation against the US dollar and Japanese yen during the second quarter of the year were set to significantly boost GlaxoSmithKline´s reported sales and profits in sterling terms, the company said.
Heathrow uses June figures to push for third runway decision
Cargo volumes at Heathrow grew 2. 1% in June, the airport reported on Monday, with strong growth to China - up 11% - as well as to India and Turkey, up 3. 3% and 3% respectively.
Frozen Aberdeen property fund to offer London office to market
Aberdeen Asset Management has reportedly appointed broker Strutt & Parker to sell a London office property, which is part of a real estate fund suspended from trading.
Phoenix increases stake in Barratt and Bellway
Phoenix Asset Management partners has upped its stake in Barratt Developments PLC and Bellway PLC after stocks for Uk house builders fell signifcantly after the decision of the United Kingdom to leave the European Union last month.
Walker Greenbank signs bed linen agreement with India's Indo Count
Luxury interior furnishings company Walker Greenbank signed a licensing agreement with Indian textiles company Indo Count to sell its Sanderson, Harlequin and Scion bed linen brands in the North America and Mexico.
Quantum Pharma launches third product from its Mucodis range of treatments
Quantum Pharma launched the third product of its Mucodis range for the treatment of some of the side effects suffered by patients undergoing cancer treatment.
Director dealings: Collagen chairman puts more skin in game
Collagen Solutions chairman David Evans put more skin in the game on Monday as the company revealed annual losses had tightened up thanks to a plumped-up top line.
Cerillion clinches contract with new telecommunications client
Cerillion clinched a contract with a new major telecommunications customer from the Europe, Middle East and Africa region.
The City's Cheesegrater is now fully let
British Land, alongside Oxford Properties, announced on Monday afternoon that the Leadenhall Building - better known among Londoners as the Cheesegrater - is now fully let.
Sound Energy announces potentially very material success at Tendrara
Sound Oil gave investors a reason to cheer at the start of the week as company boss James Parsons announced an "early and potentially very material success" at one of the oil and gas explorer´s three strategic plays.
Sagent Pharmaceuticals bought by Japanese firm Nichi-Iko as shares climb
Sagent Pharmaceuticals was up 40% in pre-market trading after agreeing a deal with Japanese firm Nichi-Iko Pharmaceutical.
McBride raises full year profit guidance but uncertain about Brexit
Household and personal care manufacturer McBride said its adjusted operating profit for the year will be slightly ahead of previous expectations but it cannot not determine the long-term effects of Brexit.