Wall Street stocks closed sharply lower on Monday as market participants monitored a resurgence in global Covid-19 cases due to the omicron variant.
London stocks were closed below the waterline on Monday, with travel and leisure shares under pressure as Prime Minister Boris Johnson chaired an emergency Cabinet meeting to discuss possible further Covid-19 restrictions.
AIM-listed Silverbullet said on Monday that it was recently the victim of a cyber attack and that the hackers solicited falsified payments of £365,000 from its corporate bank account.
Analysts at Canaccord Genuity reiterated their 'buy' rating and 120. 0p target price on aviation firm Air Partner on Monday , stating recent solid trading had set the firm's balance sheet up with "firepower for growth".
London’s FTSE 250 was down 1. 10 at 22,529. 36 in afternoon trade on Wednesday.
Micro Focus chairman Greg Lock has increased his shareholding in the company, it said in a regulatory notice on Monday, by 300,000 shares.
Specialist drug discovery and development company ImmuPharma announced subscriptions and a placing to raise £3. 55m on Monday, to fund its research and development pipeline as well as general working capital.
London’s FTSE 100 was down 1. 1% at 7,193. 60 in afternoon trade on Monday amid growing worries about Omicron and more Covid curbs.
Analysts at Canaccord Genuity reiterated their 'buy' rating and 120. 0p target price on aviation firm Air Partner on Monday, stating recent solid trading had set the firm's balance sheet up with "firepower for growth".
In a flash note on Monday, analysts at Berenberg noted that Kistos had confirmed press reports published late last week that it was participating in a process through which TotalEnergies hopes to sell interests in certain of its West of Shetland assets.
Wall Street stocks were firmly in the red early on Monday as market participants monitored a resurgence in global Covid-19 cases due to the omicron variant.
Cruise giant Carnival missed Wall Street expectations on fourth quarter earnings on Monday, with its net losses coming in at $2. 6bn, and adjusted net losses at $2bn, although it did paint a brighter picture of the year ahead.
Rocky Mountains-focussed oil and gas company Zephyr Energy updated the market on the proposed acquisition of non-operated working interests in the Williston Basin of North Dakota on Monday, which was first announced in November with an expected closing date of 22 December.
Pub chain JD Wetherspoon said on Monday that it has appointed four employees as directors in response to concerns there was not enough pub experience at board level.
Greenland- and Finland-focussed exploration and development company Bluejay Mining updated the market on the VAT Tribunal and Upper Tribunal appeal made by HMRC on Monday, which was first announced on 15 July.
British ministers have been summoned to an emergency meeting of the Cabinet on Monday afternoon as the government responds to the rising number of Omicron Covid variant cases.
Real estate investment trust Life Science has acquired the freehold to a further three buildings at Cambourne Business Park near Cambridge from Coal Pension Properties for £50. 1m, excluding acquisition costs.
Cancer therapeutics developer ValiRx announced on Monday that it has amended and restated the licence for the VAL201 peptide held by the company from Cancer Research Technology (CRT) to enable a range of sub-licensing options.
Wall Street futures were in the red ahead of the bell on Monday as market participants monitored a resurgence in global Covid-19 cases due to the omicron variant.
London stocks were off earlier lows but still firmly in the red by midday on Monday, with travel and leisure shares under the cosh amid worries about the spread of Omicron and the imposition of further restrictions.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news and we may not share the views of the author or publisher. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.