Market Pulse
London close: Stocks weaker amid fresh political concerns
Political instability in Europe negatively impacted market sentiment in London on Monday, with the UK's FTSE 100 dropping to its lowest level in nearly two weeks.
ME Group confident after strong first half
ME Group International reported strong trading for the six months ended 30 April in an update on Monday, with a 4. 6% increase in revenue, or 8. 6% excluding foreign exchange, and a 10. 3% rise in profit before tax, or 13. 6% notwithstanding currency effects, compared to the same period last year.
Asia report: Stocks mixed on quiet day for region
Asia-Pacific markets finished with a mixed performance on Monday following a stronger-than-expected US jobs report, which revealed increased hiring and wage growth for May.
Gulf Marine Services confirms four-year contract
Gulf Marine Services, a provider of self-propelled and self-elevating support vessels for the offshore oil, gas, and renewables sectors, confirmed the signing of the second phase of a four-year contract for one of its vessels operating in the Middle East on Monday.
Triple Point reports improved rent collection in first quarter
Triple Point Social Housing REIT reported a robust performance in the first quarter on Monday, with a significant increase in rent collection and ongoing rental growth.