Market Pulse
US close: Stocks little changed but Dow ekes out another record close
US stocks ended little changed overall on Monday as weakness in the technology sector offset strong financials, although the Dow closed at a record high as investors continued to mull president-elect Donald Trump’s economic policies of deregulation, lower taxes and increased infrastructure spending.
Europe close: Stocks continue advance
European stocks finished up but off their highs as investors remained optimistic about President-elect Trump's policies.
London close: Banks pace gains as interest rates rise
Stocks edged higher at the start of the week despite uncertainty about the new US administration's economic policies, which weighed on government bond prices around the globe and boosted the value of the dollar.
Castleton Technology posts its first ever profit
Software and managed services provider Castleton Technology announced its unaudited interim results for the six months to 30 September on Monday, a period in which the group recorded its first profit.
Lace Mine flood plunges Diamondcorp back into uncertainty
Southern Africa-focused diamond mining, development and exploration company DiamondCorp was facing some serious issues with its Lace Mine again, it announced on Monday.
2016 set to break record for world's warmest year
Scientists are confident that 2016 is set to be the warmest year on record globally, as fears grow that the recently introduced Paris Agreement could be in jeopardy after the election of Donald Trump as US president last week.
US open: Stocks continue to advance as dollar rises
US stocks continued their ascent on Monday, as investors were seemingly positive about president-elect Donald Trump’s economic policies of deregulation, lower taxes and increased infrastructure spending, while the dollar rose.
Director dealings: Clinigen's Bacon slices off a chunk
Clinigen Group director John Bacon has sold £1. 4m of the pharmaceuticals and clinical trial services group.
SDX Energy upbeat on Egyptian concessions
North Africa focused oil and gas company SDX Energy provided an operational update on its South Disouq and Meseda concessions in Egypt on Monday.
Fade post-US election bounce in stocks, JP Morgan says
Strategists at JP Morgan believe the market will shift between a 'reflation' and 'stagflation' mindset but investors should focus instead on the backdrop of rising sovereign bond yields and sell-into the post-election bounce in stocks.
Results round-up
Greencore reported a jump in full-year revenue and earnings as it hiked its dividend and announced the proposed acquisition of Peacock Foods for an enterprise value of $747. 5m.
Strategic Minerals agrees to provide funding to Central Australia Rare Earths
Multi-minerals production, exploration and development company Strategic Minerals announced on Monday that it has agreed, in conjunction with its joint venture partner Rarus, to provide funding to Central Australia Rare Earths.
FTSE 250 movers: Greencore and banks gain while gold miners fall
The FTSE 250 index was in positive territory, just shy of 17,500, by the late afternoon on Monday.
Dewhurst expects second half earnings to pick up after weak start
Dewhurst, a supplier of components to the lift, keypad and transport industries, said it second half earnings would pick up in its traditionally stronger second half, after a weak start to the year.
FTSE 100 movers: DCC gains on update; gold miners slump
London’s FTSE 100 was up 0. 3% to 6,749. 77 in afternoon trade.
SyQic takeover falls through, shares remain suspended
SyQic’s independent board updated the market on Monday, following the announcement by Yuma Ventures on 11 November that it does not intend to make an offer for SyQic.
Directa Plus buys Italian textile company as route to market
Directa Plus, a producer of graphene-based products, has bought a 60% stake in Osmotek, a Milan-based commercial textile membranes company, for €60,000 in order to enhance its route to market for its textile applications.
More banks eyeing move to Frankfurt due to Brexit, Germany says
Germany has reported much increased interest from financial institutions looking to move to the country following the UK's vote to leave the European Union.
The People's Operator considering placing at significant discount
The People’s Operator noted the slump in its share price and said it has been mulling the idea of an equity raising at a significant discount rather than debt financing.
London midday: FTSE trims gains as gilt yields continue to rise
Stocks had trimmed most of their earlier gains come midday on Monday as sovereign bond yields continued moving higher, with investors trying to digest the implications of the new US administration for America's economic policy.