Market Pulse
US close: Stocks higher following Biden's election race exit
Major indices closed higher on Monday after Joe Biden dropped out of the US presidential race over the weekend.
Broker tips: The Gym Group, MP Evans
Analysts at Berenberg upgraded their stance on The Gym Group from 'hold' to 'buy' on Monday and hiked their target price on the stock from 121. 0p to 180. 0p, stating the company was "in good shape".
London close: Stocks rise on China rate cut, Biden withdrawal
London's stock markets ended Monday on a positive note, buoyed by a surprise interest-rate cut from China and significant political news from the United States.
Director dealings: Beowulf Mining CEO ups stake
Beowulf Mining revealed on Monday that chief executive Ed Bowie had acquired 18,831 ordinary shares in the AIM-listed exploration and development company.
US open: Major indices trade higher following Biden's exit from presidential race
Major indices were in the green early on Monday after Joe Biden dropped out of the US presidential race over the weekend.
Europa Oil identifies expanded resource on EG-08
Europa Oil & Gas announced a significant update on the EG-08 block on Monday, reporting that an additional 716 billion cubic feet (BCF) of unrisked prospective resources had been identified, bringing the total gross unrisked mean prospective resources on the block to 2. 116 trillion cubic feet equivalent (TCFe).
Canaccord Genuity starts MP Evans at 'buy'
Over at Canaccord Genuity, analysts initiated coverage on Indonesian palm oil supplier MP Evans with a 'buy' rating and 1,250. 0p target price on Monday, highlighting the group's "strong financial returns".
Light Science flags strong momentum in contact electronics division
Light Science Technologies, which operates through three divisions - controlled environment agriculture (CEA), contract electronics manufacturing (CEM), and passive fire protection (PFP) - reported strong momentum in its CEM division on Monday, driven by a record-breaking year in the pest control market.
Spaceandpeople scores five-year contract with Network Rail and Southeastern Trains
Retail space provider Spaceandpeople said on Monday that it has secured a new five-year contract with Network Rail and Southestern Trains.
Berenberg upgrades The Gym Group to 'buy'
Analysts at Berenberg upgraded their stance on The Gym Group from 'hold' to 'buy' on Monday and hiked their target price on the stock from 121. 0p to 180. 0p, stating the company was "in good shape".
US pre-open: Futures higher as Biden drops out of presidential race
Wall Street futures were in the green ahead of the bell on Monday after Joe Biden dropped out of the US presidential race over the weekend.
AFC Energy inks strategic supplier agreement with Zollner
Hydrogen power generation technology specialist AFC Energy announced the signing of a strategic supplier agreement (SSA) with Germany's Zollner Elektronik on Monday.
Kefi reports progress in Ethiopia, Saudi Arabia
Kefi Gold and Copper reported recent advancements at the Tulu Kapi Gold Project in Ethiopia in an update on Monday, where the early works programme, initiated in May, was progressing well.
Croma Security Solutions trades 'well' in FY24, results seen in line with expectations
Security firm Croma Security Solutions said on Monday that it had "traded well" in the twelve months ended 30 June and stated its FY24 results would be in line with market expectations.
Brand Architekts sales set to slip as expected
Beauty brand business Brand Architekts Group said in an update on Monday that it expected sales for the financial year just ended to be around £17m, aligning with market expectations but down from £20. 1m in the 2023 period.
Chaarat appoints share trading facilitator ahead of planned AIM delisting
Kyrgyz Republic-focussed mining explorer and developer Chaarat Gold announced the appointment of Asset Match to facilitate secondary trading in its shares in an update on Monday.
Beeks Financial Cloud FY revenues up 27%
Cloud computing business Beeks Financial Cloud said on Monday that full-year revenues were predicted to be in line with consensus expectations.
Duke puts another £2.9m into media investor Step Investments
Duke Capital announced a follow-on investment of £2. 9 million into its existing capital partner, Step Investments, on Monday.
Cornish Metals agrees sale of Mactung and Cantung royalty interests
Mineral explorer and developer Cornish Metals announced a binding agreement with Elemental Altus Royalties Corporation on Monday, for the sale of its royalty interests in the Mactung and Cantung tungsten projects in Northern Canada.
Ceres Power inks global licence agreement, raises FY revenue guidance
Clean energy technology business Ceres Power said on Monday that it has inked a global long-term licence agreement for the manufacture of its proprietary solid oxide electrolyser cell technology with an original equipment manufacturer based in the Asia-Pacific region.