Market Pulse
12 Nov
Russia
FX round-up: Sterling and euro battered, rouble gets unexpected boost

Sterling reeled against the Greenback at the start of the week as the US dollar spot index jumped to its loftiest level since May 2017.

12 Nov
oil rig workers drilling offshore
Saudi makes case for 1.0m b/d cut in crude oil output

Riyadh and its allies should cut their combined output of crude oil in order to balance the market, Saudi Arabia believes, but it remains to be seen if other producers will participate in any reductions.

12 Nov
Small cap round-up

Funeral provider Dignity posted a drop in profits on Monday as it continues to battle competition in the market.

12 Nov
ep establecimientovodafone
Tuesday preview: All eyes on Cabinet meeting, Italian budget

All eyes on Tuesday will be on a meeting of the Cabinet and on whether any progress is achieved on Brexit negotiations.

12 Nov
opec meeting
Europe close: Politics in focus, Technology issues hammered

Stocks have begun the week lower, with early gains evaporating alongside another move lower in the single currency and talk of continued outflows from risk assets in Europe.

12 Nov
michel-barnier-commissaire-europeen
Barnier says main Brexit framework 'largely defined' - FT

The EU’s chief Brexit negotiator on Monday told ministers from the EU’s remaining member states that the main points of a Brexit deal were ready to present to the UK cabinet on Tuesday, according to The Financial Times.

12 Nov
playtech
Canaccord drops target price on Playtech despite 'positive' update on Asia

Analysts at Canaccord Genuity cut their target price on gambling software company Playtech on Monday despite its "positive response" to the group reiterating its full-year guidance and signs of "some" stabilisation in the firm's Asian business.

12 Nov
JD Sports 150
Broker tips: Informa, JD Sports, Sports Direct, Hikma Pharmaceuticals

Kepler Cheuvreux upped its stance on Informa to 'buy' from 'hold' on Monday following an "encouraging" 10-month trading statement from the events and publishing company.

12 Nov
London Stock Exchange, markets, traders, trading, City, shares
Director dealings: Diageo CFO lowers stake

Diageo chief financial officer Kathryn Mikells sold 107,519 ordinary shares in the FTSE 100-listed drinks maker on Monday.

12 Nov
meeting, takeover, talks, bid, merger, acquisition
Gama Aviation chairman resigns following profit warning

Gama Aviation chairman Ralph Robins announced his intention to retire from the group on Monday, setting the AIM-listed firm off on a journey to find a replacement for the long-serving Rolls-Royce executive.

12 Nov
wall street
US open: Losses at the open as oil prices come off highs

Wall Street trading started off with some losses on Monday as oil prices came off their highs and Donald Trump's ongoing war with Silicon Valley weighed on tech stocks.

12 Nov
Carr's Millling Industries, flour, food, Carrs
Carr's beats its expectations as FY profit and revenue rise

Agriculture and engineering group Carr's reported a jump in full-year profit and revenue on Monday thanks to a strong performance in UK agriculture, with growth across all areas.

12 Nov
Euros , banknotes, single currency, euro , eurozone, money, cash. Image: TaxRebate.org.uk
Hibernia adds to Newlands Cross holdings in Dublin

Hibernia REIT announced two acquisitions of land at Gateway - Newlands Cross on Monday, taking its total interests in the area to 143. 7 acres.

12 Nov
NHS
Mission Marketing offloads BroadCare to Carehome Selection

Mission Marketing has sold its BroadCare business to Carehome Selection - part of the CHS Healthcare - for £4. 4m in cash, it announced on Monday.

12 Nov
coins currency investment insurance business finance company
RHI Magnesita opens tender offer to minority shareholders

RHI Magnesita updated the market on the integrated tender offer, as well as announced the launch of the offer to minority shareholders, of Magnesita Refratários on Monday.

12 Nov
cash money sterling pound
Chris Fong to head up High Growth Capital

High Growth Capital announced on Monday that Christopher Fong would be appointed as its chief executive officer, conditional on completion of satisfactory due diligence.

12 Nov
smurfit kappa corrugated packaging
Smurfit Kappa included in sustainability index for fifth year running

Smurfit Kappa has been reconfirmed as a member of the Ethibel Sustainability Index for the fifth year in a row, it announced on Monday, which its said demonstrated its continued “best-in-class approach” to sustainability.

12 Nov
british american tobacco fields
FTSE 100 movers: Tobacco stocks slide but miners, energy firms gain

London's FTSE 100 was down 0. 5% to 7,073. 63 in afternoon trade on Monday, with weakness in the tobacco sector offsetting strong energy and mining shares.

12 Nov
Kepler ups Informa to 'buy' after 'encouraging' trading update

Kepler Cheuvreux upped its stance on Informa to 'buy' from 'hold' on Monday following an "encouraging" 10-month trading statement from the events and publishing company.

12 Nov
oil portada
Asia report: Markets mixed as oil concerns linger

Markets in Asia finished in a mixed state on Monday, amid concern among investors around oil prices and ongoing US-China tension.