Market Pulse
US close: Dow Jones reclaims Friday's losses
Wall Street stocks closed higher on Monday as major indices tried to right the ship after a brutal first week of September trading.
Broker tips: Rightmove, Burberry
Jefferies upgraded Rightmove on Monday to 'hold' from 'underperform' and lifted its price target on the stock to 720. 0p from 450. 0p as it said an offer was "probable" after Australia's REA Group confirmed it was considering a possible cash and share offer for the property portal.
London close: Stocks rebound from last week's losses
London’s markets finished in a positive state on Monday, recovering from heavy losses at the end of last week after a disappointing US non-farm payrolls report.
Light Science Technologies announces two contract wins
Light Science Technologies announced two significant contract wins for its passive fire protection (PFP) division on Monday, totaling around £0. 15m.
FTSE 100 movers: Entain surges on update; Burberry out of fashion
London’s FTSE 100 was up 1% at 8,263. 82 in afternoon trade on Monday.
US open: Dow reverses Friday's losses at the open
Wall Street stocks were in the green early on Monday as major indices tried to right the ship after a brutal first week of September trading.
Jefferies upgrades Rightmove, says offer from REA Group 'probable'
Jefferies upgraded Rightmove on Monday to ‘hold’ from ‘underperform’ and lifted the price target to 720p from 450p as it said an offer was "probable" after Australia’s REA Group confirmed it was considering a possible cash and share offer for the property portal.
US pre-open: Futures trade higher as investors await key inflation reports
Wall Street futures were in the green ahead of the bell on Monday as major indices tried to right the ship after a brutal first week of September trading.
Government close to finalising £1.25bn Tata Port Talbot deal
The UK government is close to finalising a £1. 25bn deal with Tata Steel to support the transition of its Port Talbot steelworks to more environmentally-friendly operations, it emerged on Monday.
80 Mile makes breakthrough in Finland helium discovery
80 Mile announced a significant breakthrough in its exploration programme in Finland’s Outokumpu Belt on Monday, with the discovery of high concentrations of helium at the surface of select historical drill holes.
Serabi Gold on track with Tapajos projects
Brazil-focussed gold miner and developer Serabi Gold updated the market on its ongoing projects in the Tapajós region of northern Brazil on Monday, reporting that construction of the classification plant at its Coringa project was progressing on schedule and within budget.
Katoro Gold makes move into uranium exploration
Katoro Gold has made its first move into uranium exploration, it announced on Monday, by acquiring the White Pine Uranium Project in Ontario.
Rate cut expectations boost UK business confidence
UK businesses were experiencing a sustained period of growth, driven by robust performance in the services sector, despite ongoing challenges in the labour market, according to a fresh report from BDO on Monday.
London midday: Stocks maintain gains; Entain surges on update
London stocks were still firmly in the black by midday on Monday, recovering from heavy losses at the end of last week on the back of a disappointing US non-farm payrolls report and helped along by a strong performance from Entain.
Oncimmune shares surge on contract wins
Shares in autoantibody profiling company Oncimmune surged on Monday after the group revealed that it had made "strong commercial progress" since its last update back in May.
SigmaRoc confident despite challenging market conditions
Lime and minerals group SigmaRoc reported a resilient set of first-half results on Monday, despite challenging market conditions.
Hutchmed to present new and updated clinical trial data
Hutchmed China has announced that it would present new and updated clinical trial data at two major oncology conferences - the 2024 World Conference on Lung Cancer (WCLC24) in San Diego, and the European Society for Medical Oncology (ESMO) Congress 2024 in Barcelona.
Revolution Bars taps Luke Johnson for chairman
Bar chain Revolution Bars has appointed Luke Johnson to the role of non-executive chairman following the retirement of Keith Edelman, who has been in the job for almost a decade.
RUA Life Sciences acquires French implantable devices business
Medical devices business RUA Life Sciences has acquired implantable devices manufacturer Analytic Biosurgical Solutions for €80,000 in cash from the French liquidator of IPSA SAS, the former parent company of Abiss.
China consumer prices rise less than expected, producer prices deflate
China's consumer inflation saw a modest increase in August, with the consumer price index (CPI) rising 0. 6% year-on-year, up slightly from July’s 0. 5%.