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Market Pulse
03 Dec
pound sterling gbp money inflation spending
Plastics Capital sees decent first-half growth

Niche plastics products manufacturer Plastics Capital issued its unaudited interim results for the six months ended 30 September on Monday, which were reportedly in line with its own expectations.

03 Dec
Astrazeneca
Faron Pharmaceuticals applies to begin Clevegen clinical trials

Clinical stage biopharmaceutical company Faron Pharmaceuticals announced on Monday that its clinical trial application to conduct a Phase I/II study with ‘Clevegen’, its wholly-owned novel precision cancer immunotherapy drug in development for the treatment of selected metastatic or inoperable tumours, has been approved by the Finnish Medicines Agency (FIMEA).

03 Dec
factory, factories, manufacturing
Eurozone manufacturing activity hits lowest level since 2016 - IHS/Markit

Growth in the eurozone manufacturing sector slowed a little in November, to its lowest level in more than two years, according to data released on Monday.

03 Dec
McColl's
McColl's tumbles on profit warning

Shares in McColl's tumbled on Monday as the convenience shop and newsagent operator issued a profit warning due to disruption from the collapse of wholesaler Palmer & Harvey.

03 Dec
drilling oil
Diversified Gas and Oil expects results 'materially ahead' of expectations

US-based production outfit Diversified Gas and Oil now anticipates full-year results to be "materially ahead" of expectations.

03 Dec
london city skyscrapers
London open: Miners and energy shares lead the gains on Sino-US trade truce

London stocks rallied in early trade on Monday, taking their cue from an upbeat Asian session as investors welcomed a temporary trade truce between the US and China.

03 Dec
libra, esterlina, divisa, moneda, reino unido pound currency
IP Group's Ultrahaptics raises £35m in new funding round

Intellectual property-based business developer IP Group said on Monday that its portfolio company Ultrahaptics, which uses haptics technology to create sensations of touch in mid-air, had completed a £35. 0m fundraising.

03 Dec
astrazeneca
AstraZeneca offloads rights to Nexium and Vimovo

AstraZeneca has completed an agreement to divest the prescription medicine rights to Nexium (esomeprazole) in Europe, as well as the global rights - excluding the US and Japan - to Vimovo (naproxen/esomeprazole), to Grunenthal, it announced on Monday.

03 Dec
london walkietalkie sunrise
London pre-open: Stocks seen higher as investors welcome Sino-US trade truce

London stocks were set for a positive open on Monday, taking their cue from an upbeat Asian session as investors welcomed a temporary trace truce between the US and China.