Market Report
US close: Stocks end flat as investors mull Macron victory
US stocks ended flat on Monday as investors mulled centrist Emmanuel Macron's victory in the French election - a result that was largely expected - although the S&P 500 and the Nasdaq did hit intraday records.
FX round-up: Sterling begins week mixed ahead of BoE rates, inflation news
Sterling has got away to a somewhat mixed start to the week with investors already looking ahead to Bank of England's interest-rate decision and UK inflation data on Thursday.
London close: FTSE indifferent as investors look ahead to BoE, UK inflation
London stocks produced a largely indifferent but marginally higher Monday performance after centrist Emmanuel Macron nabbed France's presidency over the weekend, with traders already looking ahead to UK interest rate and inflation news.
Europe close: Stocks, euro down as traders sell Macron news
European stocks finished the day slightly lower as investors who bought the rumour now sold the fact on confirmation that centrist Emmanuel Macron had won France's presidential election over the weekend.
Commodities: Crude makes moderate gains as Opec pledge chatter swirls
Crude-oil futures turned in moderate Monday gains as market chatter about Opec and non-Opec countries mulling output freezes ahead of the cartel's May meeting failed to light a fire under the black liquid's prices.
US open: Stocks slightly lower on Fedspeak
Stocks on Wall Street are drifting lower after having jumped out of the starting gate with investors focusing on remarks from various US central bank officials and amid profit-taking following a win for French centrist-reformist presidential candidate Emmanuel Macron at the weekend.
Director dealings: Rotork operations chief puts skin in the actuator game
Rotork's operations director spent £100,000 on shares in the engineer just over a week after it reported a rise in order intake and revenue for the first quarter and reiterated its full year expectations.
Caspian Sunrise updates market on BNG Contract Area, Baverstock merger
Kazakhstan-focussed oil and gas company Caspian Sunrise updated the market with news of Shallow Well 808 and Deep Well A6 from its BNG Contract Area and of the Baverstock merger on Monday.
Elegant Hotels completes purchase of Treasure Beach
Elegant Hotels confirmed the completion of the acquisition of the Treasure Beach Hotel in Barbados on Monday, saying that all conditions had been met and the transaction had now formally completed.
Numis downgrades Greene King on valuation, margin pressure
Greene King shares have outperformed the wider UK stock market over the last three months but amid continued pressure on margins, Numis downgraded its recommendation to 'hold' from 'add'.
MYCELX awarded first Nigerian O&G contract
Clean water technology company MYCELX Technologies Corporation announced on Monday that it had been awarded its first contract in the Nigerian Oil and Gas market.
Russian energy minister backs oil output cut deal
Russia's energy chief supports extending last November's deal by the world's largest oil producers to rein in their combined output.
Hydrodec agrees first trade of carbon credits
Clean technology industrial oil re-refining company Hydrodec Group confirmed on Monday that it had successfully agreed its first trade of carbon credits in respect of the credits recognised by the American Carbon Registry, under its accreditation granted in 2016.
Diageo reaffirms medium-term guidance
Drinks giant Diageo reaffirmed its medium-term guidance on Monday ahead of an investor conference in London.
FTSE 250 movers: Euromoney up on UBS note; BBA Aviation hit by Citi downgrade
London's FTSE 250 was up 0. 2% to 19,737. 27 in afternoon trade as market participants mulled over Emmanuel Macron's victory in the French election.
Water Intelligence opens corporate-owned facility in DC
Water Intelligence announced the opening of a corporate-operated location in Washington DC and Northern Virginia on Monday.
Sector movers: Miners dragged lower by another sharp fall in copper, base metals
Weaker than expected Chinese foreign trade numbers for the month of April and widespread weakness overnight in commodity prices saw miners buried under a pile of sell orders again.
FTSE 100 movers: Intu gains on upgrade; miners drop on China data
London's FTSE 100 was up 0. 2% to 7,314. 65 in afternoon trade as investors digested centrist and pro-European Emmanuel Macron's win in the in French presidential election.
Citigroup downgrades BBA Aviation to 'neutral'
BBA Aviation has been downgraded to 'neutral' from 'buy' by Citigroup, with the US bank highlighting recent turbulence in foreign currency markets and a 66% jump in the share price over the past twelve months as reasons to chart a lower flight-path for the stock.
Tuesday preview: William Hill and Hiscox face first quarterly hurdle
Tuesday continues a quiet week, as a slight lull in the corporate calendar and dearth of major economic announcements combine before the action warms up later in the week with a busy 'Super Thursday' from the Bank of England.