THE MOST READ

21 May
FTSE 250 movers: Ocado and Crest lead risers

London's mid-cap index was on the up on Monday, led by Ocado and Crest Nicholson.

21 May
US close: Street finished higher as investors express trade war relief

Wall Street finished the first session of the week higher on Monday, as investors welcomed an easing of tensions between the US and China, with deal news in focus.

21 May
Market buzz: FTSE flies to new record high, MPs call for Russian clampdown

1654: A "solid day" for equity markets in the US and UK, says market analyst Chris Beauchamp at IG, with the FTSE 100 clocking up yet another record high and moving on for the next summit of 8000, while the Dow Jones comes back from the weekend with a solid 300-plus day so far.

21 May
House prices fall in South East England for first time since 2011

Property asking prices climbed to a new record high this month, but prices fell across south-east England for the first time since in seven years.

21 May
Commodities: WTI futures jump on risk of new Iran sanctions, soybeans gain on China deal

Commodities clocked in with solid gains at the start of the week, despite strength in the US dollar, amid the risk of historic sanctions against Tehran.

21 May
FX round-up: Pound dips on chatter about early elections, new Scottish referendum

Early gains in the US dollar on the back of a putative deal on trade between China and the US at the weekend had petered out by late in the session.

21 May
Europe midday: Italian stocks slump amid warning from Paris

Worries about the political situation in Italy are eroding earlier gains for stocks on the Continent, despite apparent progress in trade talks between China and the US at the weekend.

21 May
FTSE 100 movers: Astra rallies but Evraz hit by triple whammy of news

London's FTSE 100 was up 0.8% to 7,838.09 in afternoon trade on Thursday, surging to a fresh record as the pound slumped and investors welcomed an easing tensions between the US and China.

21 May
Results round-up

Buy-and-build construction materials group SigmaRoc delivered a solid set of results for its first year of trading profit as it successfully executed upon its strategy of extracting incremental value from acquisitions.

21 May
London close: Stocks hit fresh highs on news of China-US trade framework

London's top-flight index hit a new record on Monday, boosted by a weaker pound as the dollar rallied on the back of an easing of tensions between the US and China, which also helped to lift broader market sentiment.

21 May
M&S lifted by store closure reports

Shares in Marks & Spencer rose on Monday on news that the high street retailer will more aggressively restructure its store estate.

21 May
Monday broker round-up

G4S: Kepler Cheuvreux initiates at buy with at a target price of 310p.

21 May
Tuesday preview: Galliford update eyed as Halfords aims to stay on track

Although quieter than last week, there's still plenty for investors to get their teeth into on Tuesday, with updates from Close Brothers, Cranswick, Entertainment One, Galliford Try, Halfords, Homeserve, Pets at Home and Shaftesbury, before later data on UK public finance data and industrial trends that could move markets a little.

21 May
Europe close: Stocks rise despite Italian uncertainty, Spanish assets knocked lower

Worries about the political situation in Italy weighed on investor sentiment on the Continent, offsetting some of the boost from the apparent progress made by China and the US on trade talks at the weekend.

21 May
Greatland Gold shares boosted by mineralisation identification at Black Hills

Precious and base metals exploration firm Greatland Gold on Monday announced that it has identified four distinct zones of gold mineralisation at its wholly owned Black Hills licence in Western Australia.

21 May
IAG prepping £1.3bn offer for Norwegian

International Airlines Group is reportedly set to make a third run at a takeover of low-cost carrier Norwegian, one, which if successful, would value the budget airline at £1.3bn.

21 May
Barclays beats SFO in Crown Court over Qatar loan

The Crown Court has dismissed fraud charges brought by the Serious Fraud Office against Barclays over the bank's emergency fundraising deal with Qatar at the height of the financial crisis.

21 May
Broker tips: G4S, GBG, Rotork

Kepler Cheuvreux initiated coverage of G4S with a ‘buy’ rating and 310p price target as it said that new management’s "less is more" strategy is about to deliver a significant boost to the group’s profitability while putting the security company on a steadier growth path.

21 May
Federal Reserve bank of Chicago's national activity index picks up in April

A widely-followed survey of economic activity in the States ticked higher last month, as indicators linked to production offset weakness in those for personal consumption and housing.

21 May
London midday: FTSE hits record high as US-China trade war on hold, pound slumps

London's top-flight index hit a new record on Monday, boosted by a weaker pound as the dollar rallied on the back of an easing of tensions between the US and China, which also helped to lift broader market sentiment.

21 May
Dixons Carphone appoints Clare Pettit as interim CFO

Dixons Carphone has appointed Clare Pettit as interim group chief financial officer with immediate effect.

21 May
Tories and bookmakers prepare in case of early election

Theresa May has received mixed support for her compromise Brexit custom plans, with some Tory MPs preparing for a general election later this year but foreign minister Boris Johnson backing the Prime Minister.

21 May
Monday newspaper round-up: Business registrations, M&S, Sky, RBS

Britain’s decision to leave the European Union has sparked a dramatic fall in the number of French, Dutch and Belgian businesses registering in the UK, in a further illustration of Brexit’s impact on the UK economy. Figures from Companies House show that French companies registered 48% fewer businesses in the UK in 2016-17 than the previous financial year while companies in Belgium registered 38% fewer. Companies in the Netherlands, which is probably the worst affected by Brexit of Britain’s trading partners, registered 52% fewer companies last year than in 2015-16. – Guardian

21 May
Canaccord lowers target price on 'still attractive' GBG

With GBG's emphasis switching from income to capital growth, analysts at Canaccord Genuity lowered their target price on the internationally focused insurance and benefits provider on Monday.

21 May
Gateley updates on trading as it scoops up property law specialist GCL

Commercial law and complementary professional services provider Gateley reported improved sales and profits for the past year and announced the acquisition of GCL Solicitors for a total consideration of £4.15m.