Market Report
London midday: Stocks sag on global trade concerns
Stocks in London are nursing significant losses after the US President surprised markets with his decision to slap tariffs on Mexico and reports that Beijing might be nearer to retaliating for Washington's decision to blacklist telecoms equipment maker Huawei.
Asia report: Markets finish mixed as Trump blasts tariff gun once more
Markets in Asia ended their week in a mixed state on Friday, as investors sifted through some disappointing manufacturing data out of China.
Goldplat puts operations at Kilimapesa on care and maintenance
AIM-listed gold producer Goldplat has put operations at its Kilimapesa project in Kenya on care and maintenance until external funding can be raised.
Accesso names John Guilfoy as chief operating officer
Technology solutions firm Accesso Technology appointed former TravelClick executive John Guilfoy to its board as chief operating officer on Friday.
Totally raises £9m for Greenbrook acquisition
Healthcare services outfit Totally has conditionally agreed to acquire Greenbrook Healthcare, a leading provider of NHS urgent care centres across London.
Avanti revenues improve, results delayed
Satellite data services provider Avanti Communications saw revenues move ahead in the first quarter of its trading year, keeping the group on target against internal plans.
Europe open: Stocks reel amid global trade tensions, poor Chinese data
Stocks on the Continent are falling sharply following an unexpected move by the US administration to slap tariffs on Mexico, even amid signs that China will ramp up its response to pressure from Washington and following a weak reading on activity in China's manufacturing sector.
UK house prices dip unexpectedly in May, Nationwide says
House prices in the UK dipped unexpectedly in May as a result of the uncertain economic environment, although activity in the housing market was "broadly stable", mirroring the broader trends in the economy, the results of a closely-followed survey revealed.
Kodal Minerals makes solid development progress at Bougouni
Mali-focussed mineral exploration and development company Kodal Minerals updated the market on recent activities at the Bougouni Lithium Project in the south of the country on Friday.
Metal Tiger posts £4m loss as development work continues
Strategic natural resource opportunities investor Metal Tiger reported a loss of £4m before tax in its final results on Friday, despite a recorded gain on the sale of its interest in T3, which it partially blamed on the decline in the share price of its partner MOD Resources between the recorded gain and the financial year end.
Charles Stanley beats forecasts with full-year numbers, raises payout
Charles Stanley posted better-than-expected full-year results on the back of a better-than-anticipated performance in UK equity markets that buoyed its funds under management and administration, bumping up its dividend payout in the process.
Angle reveals positive results from latest Parsortix study
Liquid biopsy company Angle announced positive results from its ‘Parsortix’ FDA clinical study for metastatic breast cancer on Friday.
Cambria Africa posts record profits but warns of currency headwinds
Cambria Africa announced a 50% improvement in its profit after tax in its interim results on Friday, rising to $1. 66m.
Regulatory headwinds knock Stride Gaming as it confirms takeover talks
Online gambling operator Stride Gaming reported a 13% decrease in real money net gaming revenue in its interim results on Friday, to £39. 03m, due to what it described as “regulatory headwinds” across the UK online gaming market.
London open: Stocks drop after US surprises with Mexico tariffs
Stocks in London were trading lower at the end of the month after the US President surprised markets with his decision taken overnight to slap tariffs on Mexico and following a weaker-than-expected reading on China's factory sector.
London pre-open: Stocks set to dip after Trump slaps tariffs on Mexico 'out of the blue'
London stocks are set for a moderately lower start to trading after the US President surprised markets with the decision taken overnight to slap tariffs on Mexico and following a weaker-than-expected reading on China's factory sector.
Total Produce reiterates earnings guidance despite global trade uncertainties
Fresh produce company Total Produce kept its expectations for full-year earnings growth unchanged on Friday, despite noting competitive markets and more uncertainty surrounding international trade.
Trump announces 5% tariffs on all Mexican imports
In a move that compromises yet another major trade deal, Donald Trump revealed on Thursday that he would be applying a 5% tariff on all imports from Mexico in order to pressure America's southern neighbours into cracking down on Central American migrants trying to cross the border.
Trade war 'snuffs out nascent recovery' in Chinese manufacturing, official PMI shows
A closely-followed survey of manufacturing sector conditions in China fell much more sharply than anticipated, as respondents reacted to the escalation in the US-China trade war earlier in the month.
Rank Group confirms takeover discussions with Stride Gaming
Gambling company The Rank Group responded to an announcement from AIM-traded Stride Gaming on Friday, after Stride said it was in discussions with Rank over a possible takeover.