Stock market news from ShareCast

Stock market reports

• Europe close: Stocks, euro near one-month highs ahead of results season
  Mon 13 July 2020 17:26
  (Sharecast News) - Stocks in Europe finished the session at their best level in over a month ahead of the start of the second quarter earnings season, even as the single currency continued to bound higher.
• London close: Markets finish higher amid Covid treatment optimism
  Mon 13 July 2020 16:33
  (Sharecast News) - London stocks closed well above the waterline on Monday, despite ongoing concerns about the pandemic, with miners pacing the gains as copper prices rallied and as hopes of a Covid-19 vaccine lifted sentiment.
• US open: Stocks continue rally despite record spike in new Covid-19 cases
  Mon 13 July 2020 15:45
  (Sharecast News) - Wall Street stocks opened sharply higher at the bell on Monday as investors appeared to ignore another record spike in new Covid-19 cases in Florida at the weekend.
• Europe midday: Stocks buoyed by optimism for profits, vaccine news
  Mon 13 July 2020 13:15
  (Sharecast News) - Stocks in Europe are bumping up against multi-month highs at the beginning of the second quarter earnings season on both sides of the Atlantic, despite some analysts' reservations, helped by more positive news around efforts to develop
• Europe open: M&A news bolsters shares ahead of Q2 results season
  Mon 13 July 2020 12:08
  (Sharecast News) - Stocks in Europe have started the week higher with investors opting to take a 'glass half full' approach and with investor sentiment boosted further by gains during Asian trading and merger news on both sides of the Atlantic.

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Press round-up

• Monday newspaper round-up: High street footfall, airport jobs, Itsu
  Mon 13 July 2020 07:30
  (Sharecast News) - A group of 84 of the world's richest people have called on governments to permanently increase taxes on them and other members of the wealthy elite to help pay for the economic recovery from the Covid-19 crisis. The super-rich members,
• Sunday newspaper round-up: Freeports, UK equities, Trump
  Sun 12 July 2020 12:15
  (Sharecast News) - Taxes and red tape will be slashed in towns and cities across the country next year, under government plans for a post-Brexit and post-coronavirus ­economic revolution. Rishi Sunak, the Chancellor, is preparing to introduce sweeping ta

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Company news

• Friday preview: UK GDP, Ashmore in the spotlight
  Mon 13 July 2020 17:07
  (Sharecast News) - Investors will be closely watching Tuesday morning's data release on UK gross domestic product, following a 20.4% plunge that pushed the country's economic output down to levels last seen in 2002.
• Qinetiq signs agreement with US DCSA
  Mon 13 July 2020 16:05
  (Sharecast News) - Defence technology company Qinetiq said on Monday that it has entered "the next phase of growth in the US" after agreeing to operate all of the US defence and security operations for the US Defense Counterintelligence & Security Agency
• G4S jobs plans 1,150 jobs at cash business - union
  Mon 13 July 2020 15:32
  (Sharecast News) - G4S is planning to cut 1,150 jobs at its cash business in a move that takes Britain closer to a cashless society, according to one of the UK's biggest unions.
• Fisker to debut on Wall Street in $2.9bn deal
  Mon 13 July 2020 14:32
  (Sharecast News) - Electric car maker Fisker is to list on the New York Stock Exchange through a $2.9bn deal with Spartan Energy Aquisition, it was announced on Monday.
• Luceco to restart dividends after strong first half
  Mon 13 July 2020 13:47
  (Sharecast News) - Luceco said it expected to restart paying dividends and that annual results would be well ahead of expectations after first-half profit rose despite the Covid-19 crisis.

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Directors' dealings

• Director dealings: Energean CEO ups stake
  Mon 13 July 2020 16:28
  (Sharecast News) - Energean revealed on Monday that chief executive Matthaios Rigas had acquired 10,000 ordinary shares in the FTSE 250-listed exploration and production company.
• Director dealings: Condor Gold director ups stake
  Fri 10 July 2020 16:20
  (Sharecast News) - Condor Gold revealed on Friday that non-executive director James Mellon had acquired 400,000 ordinary shares in the AIM-listed precious metals group.

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Sector review

• Sector movers: Miners pace gains, BT down as investors 'in no rush'
  Mon 15 July 2019 17:53
  (Sharecast News) - Miners and industrial metals names paced gains at the start of the week, boosted by a slate of solid economic data out China referencing the month of June.
• Sector movers: Dovish Fed and dip in US dollar feed strength in oil services and miners
  Wed 10 July 2019 13:10
  (Sharecast News) - In his semiannual Monetary Report to the House Financial Services committee, Jerome Powell outlined how weak economic growth overseas and uncertainty around trade might negatively impact the US even as inflationary pressures were limite

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Aim and small cap news

AIM bulletins

• Clinigen gets orphan drug designation for 'aldesleukin' in the US
  Mon 13 July 2020 16:29
  (Sharecast News) - Pharmaceutical services company Clinigen Group announced on Monday that the US Food and Drug Administration (FDA) Office of Orphan Products Development (OOPD) has granted orphan drug designation for 'aldesleukin', in the treatment of am
• Panther Metals enlarges Big Bear project area
  Mon 13 July 2020 16:25
  (Sharecast News) - Canada and Australia-focussed mineral exploration company Panther Metals announced the enlargement of the Big Bear Project area on Monday, following an airborne geophysics survey.
• Regency Mines outlines exploration season at Dempster
  Mon 13 July 2020 12:53
  (Sharecast News) - Battery metals-focussed exploration and development company Regency Mines announced its 2020 exploration season at its Dempster vanadium project in Canada on Monday, in which it owns a 50% interest.
• Altona makes two 'experienced' rare earth consultant appointments
  Mon 13 July 2020 12:46
  (Sharecast News) - Africa-focussed rare earth element mining exploration company Altona Energy announced the appointment of two "highly experienced" consultants on Monday, with immediate effect.
• Vast Resources shares fall after Baita Plai update
  Mon 13 July 2020 12:36
  (Sharecast News) - Shares in mining company Vast Resources were in the red on Monday afternoon, after it updated the market on progress at its Baita Plai Polymetallic Mine in Romania.

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Small cap bulletins

• Gleeson looks to the future after seeing home sales slide 30%
  Thu 09 July 2020 13:48
  (Sharecast News) - MJ Gleeson saw home sales slide by nearly a third last year but insisted on Thursday that its land pipeline and forward order book remained strong.
• WH Ireland narrows FY losses, turns first profit in 'years' during Q1
  Thu 09 July 2020 10:55
  (Sharecast News) - Investment manager WH Ireland said on Thursday it had narrowed losses in the twelve months ended 31 March, despite reporting a slight dip in revenues throughout the period, and had turned its first profit in years over the first quarter

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