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FTSE 100 ralllies, led by BT; US markets open lower
Shortly after the opening bell in New York, the Dow was down 0.04% while the S&P 500 dropped 0.28% and the Nasdaq fell 0.76%
FTSE 100 slides 3 points
BT leads rally after CEO buys huge chunk of shares
US indices drop at opening bell
10.10am: Proactive North America headlines:
Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF) (FRA:M8R) makes new silver discovery at Ely Central area on its Virginia project in Argentina
New Pacific Metals Corp (CVE:NUAG) (OTCMKTS:NUPMF) to trade on the NYSE American exchange starting May 20
FSD Pharma Inc (NASDAQ:HUGE) (CSE:HUGE) (FRA:0K9) says concerned shareholder group-backed nominees elected to board at annual meeting
The London stock market somewhat mirrored London’s weather today; a pleasant start, followed by heavy showers and then a traditional British tepid finish.
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A look at some of the major movers in London on Monday
Diploma PLC (LON:DPLM) saw its shares rise by a tenth to 3,030p after it boasted of a “very strong first-half performance”.
The electrical components supplier raised full-year expectations after the six months to the end of March 2021 saw underlying revenue growth of 2% from a year earlier and a rise in the profit before tax to £42.5mln from £41.6mln in the corresponding period 12 months earlier.
Having deferred payment of an interim dividend last year because of COVID-19, the company recommended payment of an interim divi of 12.5p this time around.
SMALL-CAP WINNERS & LOSERS: Argo Blockchain down as Musk hits bitcoin lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
Cyprus-focused miner Caerus to recover metals from mine waste
Remanent ore at the Mavridhia open pit on the Kalavasos project.
(Image courtesy of Caerus Minerals).
London-based Caerus Mineral Resources announced the signing of an agreement with Jubilee Metals to work together on a waste-to-revenue strategy for its assets in Cyprus.
Jubilee is in the business of processing waste materials for the recovery of metals so the agreement entails that it is to identify one or more of Caerus’ 16 former mines to be converted into a project or projects under a joint venture arrangement.
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