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US close: Dow closes lower amid fears of further restrictions
Wall Street stocks turned in a mixed performance on Monday as fears around additional restriction measures to curb the coronavirus spread offset optimism stemming from the rollout of a Covid-19 vaccine and some apparent progression in stimulus talks.
Tuesday preview: Chinese activity data, SSP Group in the spotlight
Investors' focus at the end of the week will shift towards Asia, as Chinese authorities release a raft of economic indicators for the month of November.
Sector movers: AstraZeneca leads Big Pharma lower
Pharmaceuticals paced decliners on Monday as markets reacted poorly to the news of a $39bn cash and shares takeover offer for rare diseases specialist Alexion from the UK's AstraZeneca.
Europe close: Possibility of Brexit deal offsets Covid-19 gloom
EU and UK leaders agreed to keep talking beyond Sunday's UK-imposed deadline and the bloc's Brexit negotiator, Michel Barnier, reportedly told envoys in Brussels that "there might now be a narrow path to an agreement visible. ".
London close: Stocks mixed with capital set to enter tier 3 restrictions
London stocks closed on a mixed state on Monday, as investors weighed hopes that a Brexit deal would be agreed with the news that London would be entering stricter Covid-19 measures later in the week.
Director dealings: Tracsis CFO lowers stake
Tracsis revealed on Monday that chief financial officer Max Cawthra had disposed of 75,000 ordinary shares in the AIM-listed software group.
Broker tips: TransGlobe Energy, Rolls-Royce
Analysts at Canaccord Genuity more than doubled their target price on oil exploration and production firm TransGlobe Energy from 80. 0p to 165. 0p on Monday, stating the group's agreement with the Egyptian General Petroleum Company to merge, extend, and modernise its onshore Eastern Desert licences was "a huge step forward".
Minister 'disappointed' in Kore Potash's progress
Kore Potash, which has 97% ownership of the Kola and DX potash projects in the Sintoukola Basin in the Republic of the Congo, said on Monday that its local subsidiary had received correspondence from the country’s minister of mines.
Novacyt releases new tests for Covid-19, bird flu
Clinical diagnostics company Novacyt announced the launch of its research-use-only polymerase chain reaction test for a new strain of Covid-19 on Monday, as well as the development of two new research-use0only polymerase chain reaction tests for avian influenza, following recent outbreaks across Europe.
Canaccord more than doubles target price on TransGlobe Energy
Analysts at Canaccord Genuity more than doubled their target price on oil exploration and production firm TransGlobe Energy from 80. 0p to 165. 0p on Monday, stating the group's agreement with the Egyptian General Petroleum Company to merge, extend, and modernise its onshore Eastern Desert licences was "a huge step forward".
FTSE 250 movers: Polypipe rallies after update; gold miners fall
London’s FTSE 250 was up 0. 8% at 19,778. 67 in afternoon trade on Monday.
London to enter tier 3 as new Covid-19 variant spreads
London will move into the strictest tier 3 category for Covid-19 restrictions from midnight on Wednesday morning to combat a new form of the virus, the health secretary told MPs.
US open: Stocks trade higher as Covid-19 vaccinations begin in New York
Wall Street stocks opened higher on Monday as market participants grew optimistic about both the rollout of a Covid-19 vaccine and some apparent progression in stimulus talks.
Week ahead: Brexit, BoE in the spotlight
The coming week will be extraordinarily busy with financial markets' focus expected to continue to be on the prospects for a Brexit deal and for a new fiscal stimulus package Stateside.
FTSE 100 movers: AstraZeneca slumps on acquisition; housebuilders rally
London’s FTSE 100 was flat at 6,543. 75 in afternoon trade on Monday.
Bluejay Mining told Dundas licence will be granted
Greenland and Finland-focussed Bluejay Mining has been informed that the exploitation licence for the Dundas Ilmenite Project would be granted and signed by the government of Greenland in a virtual ceremon, it announced on Monday.
Tremor reaches settlement in dispute with Uber
Video advertising technology company Tremor has reached an agreement to settle the complaint brought about by Uber, it announced on Monday.
Oncimmune signs two NHS contracts, has NICE guidance published
Oncimmune has signed a commercial contract to supply its ‘EarlyCDT Lung’ blood test to NHS Norfolk & Waveney Clinical Commissioning Group, it announced on Monday.
JP Morgan hikes targets for iron ore miners, says shares haven't kept up with Chinese demand
Analysts at JP Morgan hiked their target prices for several of the world's largest iron ore miners due to the confluence of strong demand and an unexpected supply shock which also saw them raise their price projections for iron ore.
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