Market Pulse
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.
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.
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.
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.
ADVFN adds new title to its shelf of finance books
Financial and trading publisher ADVFN Books announced a new title on Thursday - 18 Smart Ways to Improve Your Trading.
FTSE 100 movers: Antofagasta rockets as copper rallies; Mediclinic slumps
London’s FTSE 100 was down 0. 2% to 6,899. 40 in afternoon trade.
London house prices continue falling in October, RICS says
House prices in London continued falling in October even as the rest of the country, barring the North East, where they remained broadly stable, saw prices creep higher again, but only as a result of the dire shortage of available housing across the UK, according to one of the most widely-followed surveys of the sector.
US initial jobless claims drop more than expected
The number of Americans filing for unemployment benefits fell more than expected last week, according to data released by the Labor Department.