Market Pulse
Europe close: Stocks gain despite drag from Defence issues
European shares swung into positive territory on Monday after a soft start, although defence stocks weighed on a report that Germany was pausing any new military assistance for Ukraine in its war against Russia.
London close: Stocks finish higher on quiet Monday
London's stock markets managed to close higher on Monday, reversing earlier losses despite a lack of significant corporate or macroeconomic news.
Director dealings: Science Group chairman ups stake
Science Group revealed on Monday that chairman Martyn Ratcliffe had acquired 10,000 ordinary shares in the AIM-listed science, engineering and technology firm.
FTSE 100 movers: Barratt gains ahead of merger; BAE Systems slumps
London’s FTSE 100 was up 0. 6% at 8,364. 31 in afternoon trade on Monday.
US open: Stocks mostly higher following winning week
Wall Street trading got off to a mixed start on Monday as major indices came off a winning week.
Energean announces start-up of Cassiopea field
Energean has announced the successful start-up of the Cassiopea field, offshore Italy.
Fed's Neel Kashkari says it's time to discuss 'potentially cutting rates'
Federal Reserve Bank of Minneapolis president Neel Kashkari said on Monday that it was now time for the central bank to begin discussing potentially cutting US benchmark interest rates at its September meeting.
AMD to buy ZT Systems in $4.9bn deal
Advanced Micro Devices said on Monday that it has agreed to buy AI infrastructure provider ZT Systems in a $4. 9bn cash and share deal.
US pre-open: Stocks little changed as major indices come off winning week
Wall Street futures were little changed ahead of the bell on Monday as major indices come off a winning week.
Libertine faces cash crisis as loan funding fails to materialise
Libertine Holdings announced a significant financial setback on Monday, reporting that it had not received the anticipated loan funding from Reliant FZCO under a previously-agreed bridging loan agreement.
88 Energy reports progress at Project Phoenix
88 Energy updated the market on Project Phoenix on Monday, focusing on results from the Hickory-1 discovery well and its ongoing collaboration with joint venture partner Burgundy Xploration.
Van Elle confirmed as Network Rail southern region delivery partner
Ground engineering contractor Van Elle announced on Monday that it has been confirmed as a delivery partner in the Southern Renewals Enterprise's £1. 4bn framework programme for Network Rail’s Southern region.
London midday: Stocks a touch lower amid lack of catalysts
London stocks were just a touch lower by midday on Monday, with little in the way of corporate or macro news to move markets.
Hummingbird secures $25m refinancing with Coris Bank
Hummingbird Resources announced the successful completion of a strategic $25m refinancing package with its principal financing partner, Coris Bank International, on Monday.
Helix identifies elevated helium levels in ongoing drilling
Helium explorer Helix Exploration announced the identification of significantly-elevated helium levels in the Amsden and Charles formations during its ongoing drilling operations on Monday.
Cornish Metals upbeat on Wide Formation drilling results
Mineral explorer and developer Cornish Metals announced promising results from the final eight drill holes of its 14-hole, 8,993-metre drilling programme at the Wide Formation target, located one kilometre south of the South Crofty tin project in Cornwall.
Atome losses widen as it progresses fertiliser projects
Green fertiliser developer Atome reported a first-half loss of $2. 8m in its unaudited interim results on Monday, slightly wider than the $2. 6m loss it recorded in the first half of 2023.
Union Jack Oil reports solid progress on US investments
Union Jack Oil updated the market on its rapidly-expanding activities in the United States on Monday, with the successful discovery at the Andrews 2-17 well confirmed as commercial following completion and testing.
JTC set to acquire Buck Share Plans from Gallagher
Professional services firm JTC announced its proposed acquisition of the Buck UK and European Share Plan Administration and Trustee Businesses on Monday, from Arthur J Gallagher & Co.
Landore extends payment schedule for Thunder Bay properties sale
Landore Resources announced an extension of the payment schedule for the sale of its 100% interest in the Miminiska Lake and Keezhik Lake properties on Monday, located in Northern Ontario’s Thunder Bay Mining District, to Storm Exploration.