Market Pulse
US close: Stocks slip after last week's fresh highs
US stocks fell modestly on Monday, easing from record highs reached last week.
London close: Stocks slip back after last week's peak
London markets finished in the red on Monday, having traded below the waterline through the session after reaching a peak at the end of last week.
Experian 'top pick', says JPMorgan
JPMorgan Cazenove said on Monday that Experian was its top pick in the European business services sector, along with Bureau Veritas, both of which it rates at ‘overweight’.
Oriole Resources announces fresh drilling plans in Cameroon
West Africa-focussed gold explorer Oriole Resources announced plans for a phase five diamond drilling programme at its Bibemi orogenic gold project in Cameroon on Monday, scheduled to start in the second quarter.
Orosur inks deal to buy back full share in Anza Project
Orosur Mining updated the market on its Anzá Project in Colombia on Monday, the centrepiece of an exploration agreement with Minera Monte Águila (MMA), a joint venture equally owned by Newmont and Agnico Eagle Mines.
FTSE 100 movers: Kingfisher gains after results; Ocado in the red
London’s FTSE 100 was down 0. 1% at 7,925. 35 in afternoon trade on Monday.
Abingdon Health progresses at-home STD test programme
Abingdon Health updated the market on the development of self-tests for sexually transmitted diseases (STDs) on Monday, announcing the completion of the 'design freeze' stage for four key tests in collaboration with Devyn.
UK retail sales rise a little in March - CBI
UK retail sales rose a little in the year to March, according to a survey released on Monday.
Sondrel strikes deal for next phase of video chip contract
Chip specialist Sondrel announced on Monday that it has successfully concluded negotiations for a material design and supply contract, as first announced on 27 February.
Boeing chief executive, board chair both stepping down
Boeing announced a series of changes within its board and management on Monday, with Dave Calhoun announcing his resignation, as the aerospace giant navigated turbulence around its 737 MAX product.
Gamma Communications hikes dividend after year of growth
Gamma Communications reported an 8% increase in revenue in its final results on Monday, reaching £521. 7m, and a similar 8% growth in gross profit to £267. 2m.
Central Asia Metals confident despite fall in revenue, earnings
Central Asia Metals reported a decrease in gross revenue in its 2023 results on Monday, to $207. 4m, down from $232. 2m in the prior year.
Ocado facing opposition to £15m bonus for Tim Steiner
Ocado fell on Monday following a report over the weekend suggesting the company is under pressure over executive pay after an influential proxy adviser urged shareholders to vote against a new bonus scheme that could see boss Tim Steiner paid as much as £14. 8m.
London midday: Stocks edge lower after last week's gains
London stocks had fallen into the red by midday on Monday, having closed at their highest level in more than a year at the end of last week.
Ofgem looking into more 'dynamic' energy price cap
Ofgem announced a consultation to refine the energy price cap on Monday, ibn a bid to ensure ongoing customer protection amidst the evolving energy market landscape.
BioVentix revenue, earnings rise in first half
Monoclonal antibody specialist BioVentix reported a 13% rise in first-half revenue on Monday, to £6. 7m, compared to £5. 9m in the prior year.
JPMorgan places Ashtead on ‘positive catalyst watch’ ahead of CMD
JPMorgan Cazenove placed Ashtead on ‘positive catalyst watch’ on Monday ahead of its capital markets day in Atlanta on 29 April, as it expects the stock to outperform into/on the event.
Asia report: Most markets fall on fresh inflation concerns
Asia-Pacific markets were mostly weaker by Monday's close as investors reacted to fresh inflation data from the region.
Lexington Gold makes progress in US, South Africa
Lexington Gold updated the market on its ongoing drill programmes at the Jennings-Pioneer project in the US and the Bothaville project in South Africa on Monday.
Ferrexpo court dates delayed as operations continue
Ferrexpo updated the market on the proceedings involving its subsidiary Ferrexpo Poltava Mining (FPM) on Monday.