Market Report
Commodities: Brent drops on lack of OPEC announcement, amid wave of risk aversion
Energy futures dragged on the entire complex after the Organisation of Petroleum Exporting Countries's ministerial meeting adjourned without a formal announcement to cut its combined output, pending a decision by Moscow.
US close: Stocks stage epic rally to bounce back from session lows
US stocks saved themselves from some serious losses on Thursday, joining the global selloff earlier in the session but recovering somewhat to see the Dow close just 79 points lower.
Broker tips: Bellway, Persimmon, Barratt Developments, Bovis Homes, Crest Nicholson, BAE Systems
Liberum upped its stance on Barratt Developments, Bovis Homes and Crest Nicholson on Thursday, arguing that there is at least 20% upside if a smooth Brexit materialises.
UBS downgrades BAE as budget risks loom in the face of Brexit
Analysts at UBS downgraded defence, security, and aerospace giant BAE Systems to 'neutral' on Thursday, noting the FTSE 100 constituent's organic growth prospects appeared "limited".
London close: Footsie finishes at two-year low
London's FTSE 100 sank to its lowest close in more than two years on Thursday, joining a broader market selloff as news of Canada's arrest of a Chinese executive at the behest of the US reignited trade war concerns.
Europe close: Stocks drop amid heightened global trade concerns
European stockmarkets came under heavy selling pressure on Thursday with the rout extending further during afternoon trading, as investors tracked weakness in shares on Wall Street and after OPEC and its allies failed to decide on an oil output cut, which saw energy futures slide lower.
Brent oil futures drop after OPEC summit ends without decision on output cut
In a surprise development, Thursday's meeting of energy ministers from the Organisation of Petroleum Exporting Countries and its allies adjourned without a final decision on by how much to cut the group's combined crude oil output.
FTSE 250 movers: Thomas Cook flies low, Genus holds fast amid selloff
London's FTSE 250 was down 2. 66% at 17,785. 79 in afternoon trade on Thursday, as Thomas Cook led the downward charge following news of its demotion from the index.
Strategic Minerals boosted by Australian copper mineralisation
Strategic Minerals’ shares surged on Thursday after intersecting “significant” copper mineralisation at its Leigh Creek Copper Mine (LCCM) project in South Australia.
US open: Wall Street stocks dragged into global bloodbath
US stocks joined the global selloff on Thursday, with the Dow opening more than 440 points lower following Wednesday's trading pause.
Director dealings: James Cropper chair ups stake
James Cropper chairman Mark Cropper purchased 29,440 ordinary shares in the AIM-listed firm on Thursday.
Beeks signs three-year contract with Tier 1 financial firm
Financial cloud computing and connectivity provider Beeks Financial Cloud Group announced the signing of a three-year contract with a new, unnamed Tier 1 financial services organisation from within the insurance sector on Thursday.
Time Out Group signs deal to open market in Prague
Media and entertainment business Time Out Group has entered into a management agreement with CRESTYL Group to open a new Time Out Market in Czech capital Prague, it announced on Thursday.
E-Therapeutics and C4X upbeat on Parkinson's collaboration
Network-driven drug discovery company e-Therapeutics and C4X Discovery Holdings updated the market on their collaboration on Thursday, to identify novel intervention strategies for the potential treatment of Parkinson's Disease (PD).
FTSE 100 movers: Precious metals miners avoid a beating; just 3 stocks in the green
It was a sea of red in London equity markets on Thursday, with the FTSE 100 down 2. 8% to 6,727. 65 in afternoon trade as only three stocks kept their head above water amid renewed concerns about Sino-US relations.
Russian CPI inflation picks-up as expected in November
The cost of living in Russia accelerated to its quickest pace in over a year last month on the back of dearer food.
US services sector activity unexpectedly picks up November - ISM
Activity in the US services sector unexpectedly picked up in November, according to data released on Thursday.
Boku snaps up US mobile authentication outfit Danal
Carrier billing outfit Boku agreed to buy US mobile identity and authentication firm Danal on Thursday as part of a deal worth as much as $68m.
US foreign trade deficit hits 10-year high as soybean exports decline
America's trade shortfall with the rest of the world widened a tad in October on the back of stronger import demand.
KEFI Minerals making progress at Tulu Kapi
Gold and copper exploration and development company KEFI Minerals updated the market on its Tulu Kapi gold project in Ethiopia on Thursday, reporting that activities there continued to progress at a “significant” pace.