Market Pulse
Pan African reports rise in full-year gold production
Pan African Resources reported a 6. 2% increase in gold production in a full-year update on Monday, achieving a total output of 186,039 ounces.
HgCapital reports solid first-half performance
HgCapital Trust reported a strong first-half performance in its underlying portfolio in an update on Monday, with its estimated net asset value (NAV) per share reaching 524p, representing a total return of 5. 6% on an NAV basis.
Mkango strikes mining development agreement with Malawi government
Mineral exploration and development firm Mkango Resources has inked a mining development agreement with the Malawi government for its Songwe Hill rare earth project.
Future CFSO Ladkin-Brand steps down
Media group Future said on Monday that chief financial and strategy officer Penny Ladkin-Brand has stepped down from the board with effect from 28 July.
Journeo receives purchase order from Metroline Manchester
Technology group Journeo said on Monday that it had secured a £2. 1m bus safety systems and software purchase order from Metroline Manchester.
Balanced Commercial Property NAV narrows amid office sector weakness
Balanced Commercial Property Trust reported a net asset value total return of -0. 8% for the quarter ended 30 June on Monday, reflecting continued economic pressures on the real estate sector.
UK job vacancies drop almost 20pc despite economic growth
The UK job market saw a downturn in June, with job vacancies plummeting by almost a fifth - 19. 49% - according to fresh data on Monday, suggesting that recent economic growth had not yet translated into hiring.
Reckitt Benckiser tumbles on litigation woes
Consumer goods giant Reckitt Benckiser tumbled on Monday amid concerns about potential litigation.
Asia report: Most markets rise after US inflation reading
Asia-Pacific markets saw a positive start to the week on Monday, with Japan's benchmark index leading the gains.
Dotdigital FY revenues up double-digits
Software-as-a-service provider Dotdigital said on Monday that the twelve months ended 30 June had been "a year of financial and strategic progress".
Galileo launches new Western Foreland drilling programme
Galileo Resources announced the start of a new drilling programme in the Western Foreland domain of Northwest Zambia on Monday.
Jadestone Energy lowers FY production guidance, delivers record H1
Upstream company Jadestone Energy slightly lowered full-year production guidance on Monday despite delivering a record H1 performance.
Heineken shares slide after first-half profit miss
Heineken shares were in the red on Monday morning, after a disappointing first-half operating profit that fell short of analyst expectations.
London open: Stocks gain ahead of busy week; Reckitt tumbles on litigation fears
London stocks rose in early trade on Monday as investors eyed a week jam-packed with earnings releases and the latest policy announcements from the Federal Reserve and the Bank of England.
GSK says RSV jab gets EU recommendation, settles Zantac case
GSK announced a significant development in its respiratory syncytial virus (RSV) vaccine portfolio on Monday, as well as a settlement to one of the Zantac cases.
London pre-open: Stocks seen up as investors eye rate announcements
London stocks were set to gain at the open on Monday following a positive session in Asia, as investors eyed a slew of UK data releases later in the day and policy announcements from the Federal Reserve and the Bank of England on Wednesday and Thursday.
Monday newspaper round-up: Clean energy, Evri, UK manufacturing
The chief executive of Vodafone has said Labour will fail to achieve its promise of nationwide access to 5G, which is essential for next-generation technology such as artificial intelligence, by 2030 if the telecom company’s £15bn merger with the rival Three UK is blocked. In its election manifesto, the government said nationwide coverage was needed by the end of the decade because the UK was falling behind other countries in terms of the investment and rollout of advanced mobile networks.