Market Pulse
US close: Dow Jones retreats from record highs
Wall Street stocks turned in a mixed performance on Monday after the Dow Jones closed above the 40,000-point watermark for the first time in history.
Big Yellow full-year revenue, earnings rise
Big Yellow Group reported robust revenue growth and increased profitability in its full-year results, released after markets closed on Monday.
London close: Stocks finish higher ahead of inflation data
London stocks ended Monday in positive territory, with mining companies driving gains amid rising gold and copper prices.
Broker tips: Kistos Energy, Imperial Brands, NatWest, Trainline, Rio Tinto
Analysts at Berenberg slashed their target price on independent energy company Kistos from 455. 0p to 305. 0p on Monday following the group's full-year results and updated guidance.
FTSE 100 movers: Fresnillo shines; Imperial Brands in the red
London’s FTSE 100 was up 0. 1% at 8,429. 01 in afternoon trade on Monday.
Director dealings: Dunelm director raises stake
Dunelm revealed on Monday that non-executive director Ajay Kavan had acquired 2,450 ordinary shares in the FTSE 250-listed home furnishings retailer.
Berenberg lowers target price on Kistos following FY results
Analysts at Berenberg slashed their target price on independent energy company Kistos from 455. 0p to 305. 0p on Monday following the group's full-year results and updated guidance.
US open: Stocks mixed, Dow retreats from record close
Wall Street trading got off to a mixed start on Monday after the Dow Jones closed above the 40,000-point watermark for the first time in history.
AFC Energy inks deal to supply fuel cells to Niftylift
Hydrogen power generation technology developer AFC Energy announced an agreement to supply its S Series fuel cell modules to Niftylift UK on Monday.
WH Ireland in talks with Zeus Capital about sale of capital markets arm
Financial adviser WH Ireland confirmed on Monday that it is talks with UK investment bank Zeus Capital about the potential sale of its capital markets division.
Windward reports strong trading in year-to-date
Maritime artificial intelligence (AI) company Windward reported strong trading and strategic progress for the 2024 financial year in an update on Monday.
US pre-open: Futures higher following Dow's record close
Wall Street futures were in the green ahead of the bell on Monday after the Dow Jones closed above the 40,000-point watermark for the first time in history.
Kefi shares pop on official launch of Tulu Kapi
Kefi Gold and Copper officially launched the Tulu Kapi Gold Mines (TKGM) project in Ethiopia on Monday.
London midday: Stocks maintain gains after dovish BoE comments
London stocks were still in the black by midday on Monday, with miners pacing the gains as gold and copper prices jumped, as investors mulled dovish comments from the Bank of England’s Deputy Governor and looked ahead to key inflation data later in the week.
BoE's Broadbent says interest rate cut 'possible' in summer
Bank of England deputy governor Ben Broadbent said on Monday that it was "possible" that interest rates could be cut this summer.
Bradda Head reaches settlement over fraudulent payment
North America-focussed lithium developer Bradda Head announced on Monday that it has reached a settlement agreement over the fraudulent payment initially reported on 29 March 2022.
SDI Group set to end year in line with forecasts
Scientific digital imaging, sensing and control technology company SDI Group said in a trading update on Monday that, pending its final accounts and audit, it expected to report revenue of £65. 9m for the year, in line with current market expectations, but slightly down from £67. 6m in 2023.
Haydale Graphene lowers revenue expectations
Haydale Graphene lowered its forecast for full-year revenue to £4. 7m in a trading update on Monday, down from current market expectations of £5. 8m, but still an increase from the prior year's revenue of £4. 3m.
ShoreCap says NatWest entering fair value territory, downgrades
Shore Capital downgraded NatWest on Monday to ‘hold’ from ‘buy’ as it said the shares were "entering fair value territory".
Victorian Plumbing acquires online retailer Victoria Plum for £22.5m
Bathroom retailer Victorian Plumbing has acquired Doncaster-based rival AHK Designs for a purchase price of £22. 5m, on a cash-free, debt-free basis.