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Tuesday preview: Services PMIs, Vodafone in the spotlight
The market spotlight at the start of February will be on a slew of purchasing managers' surveys for manufacturing sector activity from across the globe.
US close: Stocks end final session of wild month on a positive note
Wall Street stocks recorded gains on Monday but the S&P 500 failed to avoid delivering its worst monthly performance since the beginning of the Covid-19 pandemic in March 2020.
Europe close: Stocks gain at month's end ahead of ECB and BoE rate decisions
Most European equity benchmarks finished the last trading session of January higher as investors eyed key central bank meetings in the euro area and UK this week and continuing geopolitical tensions.
London close: FTSE lags global peers after lacklustre afternoon
London stocks were in a mixed state by the close on Monday, with the top-flight index dipping below the waterline in afternoon trading as miners remained under pressure.
Director dealings: Chaarat chair's firm buys even more, SThree directors purchase shares
Chaarat Gold disclosed another three share purchases by a Bermudan company controlled by its chairman on Monday.
FTSE 250 movers: XP Power gains on acquisitions; NCC in the red
London’s FTSE 250 was up 1. 4% at 21,948. 94 in afternoon trade on Monday.
Broker tips: Tullow Oil, IAG, Anglo American
Analysts at RBC Capital Markets lowered their target price on exploration and production firm Tullow Oil from 90. 0p to 80. 0p on Monday following the group's recent trading update.
Chicago PMI beats expectations in January
Economic activity in the Chicago area picked up in January, according to data released on Monday.
Co-op concedes 'comparability concession' in dispute with shop-floor workers
Retail giant Co-op has lost a key legal fight in an equal pay dispute with its shop-floor workers.
US open: Stocks trade higher at the opening bell
Wall Street trading began on a positive note on Monday, with the S&P 500 trying to avoid delivering its worst monthly performance since the beginning of the Covid-19 pandemic in March 2020.
Boeing set to sign 777X freighter order with Qatar Airways
Boeing is expected to sign a much-awaited order from Qatar Airways for a new freighter version of its 777X passenger jet on Monday.
FTSE 100 movers: Airtel Africa rallies after promotion; miners lose ground
London’s FTSE 100 was up 0. 2% at 7,478. 19 in afternoon trade on Monday.
Citrix to be taken private by Vista, Elliott in $16.5bn deal
US software maker Citrix has agreed to be bought by affiliates of Elliott Investment Management and Vista Equity Partners for $16. 5bn in cash.
Vodafone under spotlight as Cevian takes stake
UK telecoms company Vodafone has been targeted by the activist investor Cevian, putting management under pressure to improve its struggling performance, British media reported on Sunday.
Cora Gold makes on-schedule progress at Sanankoro
West Africa-focussed Cora Gold updated the market on the definitive feasibility study at its Sanankoro gold project in Southern Mali on Monday, reporting that all hydrogeological and geotechnical drilling, associated pump testing and geotechnical test pits were completed on schedule.
FireAngel performs well in 'particularly tough' 2021
Home safety technology company FireAngel said in a trading update on Monday that it was expecting a more-than-7% improvement in sales for 2021m to £42. 8m.
WANdisco strikes data migration deal with Oracle
Data technology company WANdisco announced a “deepening” of its strategic partnership with Oracle on Monday, to provide its ‘LiveData Migrator’ product to both Oracle and its customers.
Strong first half continues through 2021 for Xpediator
Freight management service provider Xpediator said in an update on Monday that trading through the full 2021 year continued “strongly” across its three divisions.
Engage XR sees strong sector growth continuing in 2022
Virtual reality technology company Engage XR said in a trading update on Monday that it was expecting revenue for 2021 to be around €2. 4m - an increase of 68% on the prior year.
Powerhouse Energy appoints Paul Drennan-Durose as new CEO
Plastic-to-hydrogen technology company Powerhouse Energy Group announced the appointment of Paul Drennan-Durose as its new chief executive officer on Monday.
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