Market Pulse
Utilico Emerging Markets posts positive first-half return
Utilico Emerging Markets posted its unaudited statement of results for the six months to 30 September on Wednesday, reporting its net asset value total return per ordinary share as positive at 13. 3% in the half year.
US industrial production flat in October, misses estimates
US industrial production was unchanged in October following a 0. 2% drop in September, according to the latest data from the Federal Reserve.
Petro Matad taps into Mongolian oil field containing up to 23bn barrels
Shares in Petro Matad soared on Wednesday as the oil explorer said it had tapped into a large oil field in Mongolia, which contains between nine and 23bn barrels of oil.
Flowgroup ponders new direction or sale of microCHP business
Although its energy supply business is going from strength to strength, Flowgroup said it had slowed production of its combined heat-and-power boilers and was mulling a sale or exit from the business due to doubts over government support for the green technology.
Director dealings: Hydrogen pair see value as growth returns
Hydrogen Group's chairman and a fellow director have scooped up some shares in the AIM-listed recruiter, which sit not far from the seven-year lows reached in the summer.
Schroder Real Estate invests in 'winning cities and towns'
Schroder Real Estate Investment Trust, has successfully repositioned its portfolio with 91% now located in ‘winning cities and towns’ ranked in the first and second quartiles for projected UK GDP growth.
Factory gate prices miss forecasts in October
Factory gate prices in the US undershot forecasts in October, weighed down by prices for food and services.
Summit Therapeutics enrols first US patients in ezutromid trial for DMD
AIM-listed drug discovery and development company Summit Therapeutics has enrolled its first patients in phase II proof of concept trials in the US of ezutromid in patients with Duchenne muscular dystrophy.
Avon Rubber posts solid revenue, earnings growth
Avon Rubber posted its audited results for the year to 30 September on Wednesday, with revenue up 6% to £142. 9m.
France's Macron announces candidacy for 2017 presidential race
Former finance minister Emmanuel Macron on Wednesday confirmed his candidacy for France's 2017 presidential election, throwing the race wide open.
Savannah Resources 'encouraged' by copper mineralisation at Oman sites
Miner Savannah Resources “encouraged” by high grade copper mineralisation at its Oman sites after a resource drilling programme.
HSBC agrees to sell Lebanon business to Blom Bank
HSBC has agreed to sell its business in Lebanon to Blom Bank for an undisclosed sum.
Frontera Resources wins bid to explore hydrocarbons in Moldova
Oil and gas miner Frontera Resources Corporation has won the bid to explore and produce hydrocarbons in the Republic of Moldova.
Ixico joins European syndicate to collect data on Alzheimer's
Brain health company Ixico is to receive €100,000 to provide digital technologies for collection and analysis of data , which further expands its work on wearable bio-sensors as part of a pan-European partnership.
Saudi Arabia warns Trump of impact against blocking oil imports
US president-elect Donald Trump has been warned by Saudi Arabia that his policy of blocking oil imports into the country will have a significant impact on the global economy.
London midday: Stocks sag following weakish employment data
Stocks in London drifted slightly lower as markets digested a weaker reading on the UK labour market while bond investors continued to focus on political developments in Washington.
Europe midday: Stocks dip as enthusiam over Trump's policies wanes
European stocks slipped, with investors pausing for breath as recent enthusiasm over Trump’s growth policies receded.
LightwaveRF raises £1m at discount, offers investors same terms
LightwaveRF raised £1m at a big discount to its recent high as it looks to build its sales efforts on the back of last week's news its 'smart home' products could be controlled via Amazon's Echo voice control device.
Court gives Trans-Siberian Gold the go-ahead for capital reduction
Trans-Siberian Gold jumped over the final hurdle in its capital reduction plan on Wednesday, receiving court approval to go ahead with the proposal.
Accounting software hopeful FreeAgent joins AIM
Cloud-based software-as-a-service accounting software company FreeAgent Holdings saw its ordinary shares admitted to trading on the AIM market at 0800 GMT on Wednesday.