Market Report
International Personal Finance subsidiary gets full Polish licence
International Personal Finance announced on Monday that its Polish home credit subsidiary, Provident Polska, has secured a full payment institution licence from Poland’s financial supervisory authority, the Komisja Nadzoru Finansowego (KNF).
Asia report: Markets mixed as China stimulus fails to excite
Asia-Pacific markets showed a mixed performance on Monday as China’s latest economic data and a newly announced five-year stimulus package failed to inspire investor confidence.
Bitcoin tops $82,000 level in early Monday trading
Bitcoin has surged well past the $80,000 mark for the first time, propelled by investor optimism following Donald Trump’s US election victory, with expectations that his administration would support a friendlier regulatory environment for digital currencies.
Berenberg slashes Vistry price target after profit warning
Berenberg slashed its price target on Vistry on Monday to 750p from 1,000p after the housebuilder issued another profit warning last week.
Jefferies upgrades Ceres Power to ‘buy’, hikes price target
Jefferies upgraded Ceres Power on Monday to ‘buy’ from ‘hold’ and lifted the price target to 265p from 190p as it took a look at renewable energy stocks.
Europe open: Stoxx jumps as post-US election rally continues
European shares opened strongly on Monday as the post-US election rally continued and investors shrugged off a fall on Asian markets in response to China’s latest stimulus measures.
RHI Magnesita reports continued weak demand conditions
RHI Magnesita reported a steady third-quarter performance amid challenging demand conditions in an update on Monday, as it warned of softer full-year sales than previously expected.
London open: Stocks rally as investors eye jobs data; Croda, Burberry gain
London stocks rose in early trade on Monday as investors eyed the release of key jobs data later in the week.
Burberry on brink of being taken over by Italy's Moncler - report
Luxury fashion brand Burberry is reportedly on the brink of being bought by Italy’s Moncler.
Syncona's Autolus gets FDA approval for leukaemia treatment
Life science investor Syncona announced on Monday that its portfolio company Autolus Therapeutics has received US Food and Drug Administration (FDA) approval for Aucatzyl (obe-cel), a CAR T-cell therapy developed for adult patients with relapsed or refractory B-cell precursor acute lymphoblastic leukaemia (r/r B-ALL).
Six Exchange Group to buy Aquis Exchange in £225m deal
Swiss stock exchange operator Six Exchange Group said on Monday that it has agreed to buy Aquis Exchange in a £225m deal.
London pre-open: Stocks to rise; jobs data eyed
London stocks were set to gain at the open on Monday following four sessions of losses, as investors eyed jobs data later in the week.
NatWest buys back £1bn of shares from state, Syncona's Autolus gets FDA nod
London open The FTSE 100 is expected to open 45 points higher on Monday, having closed down 0. 84% on Friday at 8,072. 39.
Monday newspaper round-up: Hospitality, wind generation, Vertical Aerospace
Great Britain “lags behind” Europe on measures to restrict betting adverts, according to a report released days after official data showed a sharp increase in the number of children with a gambling problem. Restrictions on ads by bookmakers and casinos are increasingly becoming “the norm” across Europe in response to public health concerns, according to a report commissioned by GambleAware, the UK’s leading gambling charity. – Guardian.