Market Report
US close: Dow Jones turns in worst Christmas Eve session in history
Stocks closed sharply lower on Monday as worries about a potential government shutdown weighed on sentiment in the truncated session.
US open: No Christmas cheer as stocks sink ahead of the holidays
It was more a case of ho ho horrible than ho ho ho on Christmas Eve, with US stocks firmly in the red once again as worries about the government shutdown weighed on investors’ minds.
Vast Resources narrows losses on improved gold production
Vast Resources narrowed losses in the first half of its trading year on the back of a sharp rise in gold production despite declining production levels of other metals.
London close: Santa's a no-show as stocks end at more than two-year low
As traders reached for the mince pies and eggnog, the Santa rally failed to materialise on Christmas Eve, with stocks in London suffering their worst close in more than two years as global growth concerns, Sino-US relations and Brexit woes continued to plague investors.
Europe close: No ho-ho-ho for stocks as investors say no-no-no
European markets finished in a decidedly unfestive mood on Monday as jittery investors kept a wary eye on US markets and the government shutdown impasse in Washington.
Europe open: Little Xmas cheer as US turns the lights off
There was little to cheer about on European markets as Santa had clearly left town to be replaced by jittery US markets and Washington in stasis over the government shutdown.
Chamberlin narrows losses as turbocharger demand increases
Foundry operator Chamberlin saw losses narrow in the first half of its trading year as sales picked up following an increase in production volumes of turbocharger bearing housings.
US pre-open: Stocks to recover after Friday's losses but jitters remain
US futures pointed to firmer open on Wall Street on Monday following heavy losses at the end of last week, on what will be a holiday-shortened trading session ahead of the Christmas break.
Westminster Group says Iran issues addressed after US sanctions
Tech-based security provider Westminster Group said challenges created by US sanctions against Iran had now been addressed after the company revealed its long-term security contract at an Iranian airport was on hold.
21st Century Technology revenues improve as R&D provides 'enhanced' offerings
Transport solutions outfit 21st Century Technology told investors on Monday that its continued investment into research and development had delivered it a "more powerful suite of software solutions" and an "enhanced product portfolio".
Hansteen announces GBP86.5m of property disposals
Industrial property investor Hansteen has simultaneously exchanged contracts and completed the sale of 22 properties for £67. 9m in cash to a wholly-owned subsidiary of Stenprop Limited.
IWG appoints Eric Hageman as CFO
Workspace provider IWG has appointed Eric Hageman as chief financial officer with effect from 1 January 2019.
Frontera Resources to appeal Cayman injunction rejection
European-focused oil and gas outfit Frontera Resources has seen a Cayman Island grand court discharge its injunction against former director Stephen Hope and his Outrider Master Fund.
Scisys to work on Galileo Ground Segment project following new orders
IT-based solutions and support services firm Scisys has received two initial orders from Thales Alenia Space France for the development and implementation of security-relevant elements within the Galileo Ground Segment, a new project made up of two control centres and a global network of transmitting and receiving stations.
Cohort subsidiary wins GBP3.2m contract
Independent technology group Cohort said on Monday that its wholly-owned subsidiary, MASS Consultants, has been awarded a £3. 2m contract to supply Electronic Warfare Operational Support software to Thailand.
London open: No Santa rally as stocks follow Wall Street lower
Santa was nowhere to be seen in London equity markets on Christmas Eve, with stocks kicking off the last session before the holidays in the red following more heavy losses on Wall Street just before the weekend.
Gama Aviation scores new European mission contracts
Aviation services outfit Gama Aviation has been awarded two new contracts, providing steady and profitable revenue growth for the group's European division.
UK Commercial Property REIT buys five distribution warehouses for GBP85.4m
UK Commercial Property REIT has announced the acquisition of a portfolio of five distribution warehouses across the Midlands from Clipstone Logistics REIT for £85. 4m, reflecting a headline net initial yield of 5. 5%.
London pre-open: Stocks seen lower on Christmas Eve after more Wall St losses
Santa was nowhere to be seen in London equity markets on Christmas Eve, with stocks set for a downbeat half-session following more heavy losses on Wall Street just before the weekend.
Monday newspaper round-up: Deliveroo, Norwegian Air, retailers
Global investors are braced for more turbulence in 2019 after the White House intensified its criticism of the US’s most senior central banker. Over the weekend, a flurry of reports claimed Donald Trump had discussed the possibility of firing the Federal Reserve chairman, Jerome Powell. Such an unprecedented move would trigger further instability in the markets, which have already had their worst year since the 2008 crisis. – Guardian.