Market Report
AstraZeneca surges on good news from lung cancer trial
AstraZeneca's durvalumab immuno-oncology drug has become the first such medicine to successfully treat advanced lung cancer patients who had not had success with chemotherapy.
London midday: Stocks drift but AstraZeneca surges on drug trial results
There wasn't much for traders to sink their teeth into on the final session of the week, with shares in London just a smidgen higher by midday as macroeconomic and corporate news was thin on the ground.
Gfinity raises £6.25m to launch Elite Series e-sports competition
E-sports business Gfinity has secured a gross £6. 25m of new funds in a discounted and oversubscribed institutional placing on Friday, which knocked the shares down further from their recent two-year high.
Deliveroo to modify employee contracts after parliamentary pressure
Takeaway firm Deliveroo has responded to pressure from parliament by revising and simplifying the contracts offered to its delivery drivers.
BOS Global sells interest in once-exciting Olympic Dam mining asset
Australian productivity software developer BOS Global has agreed to sell its 75% legacy interest in a South Australia mining property to boss Michael Travia.
Sula announces results from 14-hole drill programme
Sierra Leone-focussed gold exploration company Sula announced the results from Batch 1 of its recently completed 3,783 metre, 14 hole drill programme across Sanama Hill, the Eastern Target, TZ4 and the Kuwait artisanal anomaly on its Ferensola Gold Project.
GAN launches simulated gaming at WinStar World Casino
Developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, GAN, announced the launch of the “highly anticipated” ‘Simulated Gaming’ website and supporting mobile apps for WinStar World Casino and Resort in Thackerville, Oklahoma on Friday.
Gemfields confident despite depressed gemstone figures
Gemfields issued an operational update for the three months ending 31 March on Friday - the third quarter of the financial year.
Asia report: Markets mostly lower ahead of G7 meeting
Markets in Asia finished mixed on Friday, taking their cue from a red Thursday overnight on Wall Street as focus turned towards the G7 finance ministers meeting in Italy.
US pre-open: Stocks seen touch weaker ahead of inflation, retail sales data
US futures pointed to a slightly lower open on Wall Street as investors awaited the release of retail sales and inflation data.
Europe midday: Stocks hold on to gains despite drag from miners
European stocks are holding onto slight gains with pharma among the top performers amid mixed economic data and as they brace for the release of a slate of US economic data later in the session.
Interserve reports more settled trading
Interserve said trading so far in 2017 has been in line with forecasts, with progress being made on its troublesome exit from the energy-from-waste business.
Friday broker round-up
Standard Chartered: Investec downgrades to Sell with a target price of 690p.
Europe open: Investors brush off weakness in Richemont
European stocks have started the day slightly higher with investors brushing off sharp falls in the likes of Richemont amid strong economic data out of France and as they brace for the release of a slate of US economic data later in the session.
Cenkos Securities CEO Durkin to retire
Jim Durkin, the chief executive officer of broker Cenkos Securities, has informed the company that he plans to retire.
Savannah confirms final applications lodged for Oman mines
Resource development company Savannah Resources announced on Friday that it had lodged the environmental impact assessment (EIA) for the Mahab 4 copper mine development.
Alecto confirms full-time production at Mowana
Africa-focussed gold and copper exploration and development company Alecto Minerals announced on Friday that production was now ongoing on a full-time basis at the Mowana Copper Mine in Botswana, following the completion of the first blast on 29 April and a successful trial period, which saw the company produce saleable concentrate of up to 28% copper.
Symphony Environmental boosted by Saudi initiative
AIM-listed Symphony Environmental Technologies said on Friday that it continues to trade and grow in line with its expectations.
Eurozone industrial production unexpectedly drops in March
Eurozone industrial production unexpectedly fell in March, according to the latest figures from Eurostat.
West African Minerals upbeat on scoping study results
West African Minerals Corporation announced the details of its recently completed scoping study on the Sanaga Iron Ore Project, located near the Port of Douala, Cameroon, on Friday.