AIM-quoted Mosman Oil & Gas (MSMN:AIM) raised eyebrows when it trebled to 2p a share on the morning of Donald Trump's election victory.As well as signing a deal to buy an oil well in Texas, shares may have been boosted by the President-elect's support for fossil fuels, the FT reported. Australia-based Mosman is paying $1m for the Pine Mills well which has produced over 12m barrels of oil since it

London markets post a modest gains in early trade on Friday as investors continue to digest the implications of Donald Trump's presidential victory on a relatively empty day in the corporate and economic calendar.Insulation products group SIG (SHI) spooks the market with a substantial profits warning and sees its chief executive, Stuart Mitchell, axed. The shares crash 23.5% to 88.6p as SIG states

The Bastille Day attack in France has understandably hit holiday companies and airlines in opening trade on Friday. Budget carrier Easyjet (EZJ) leads the FTSE 100 fallers, down 3.2% to £11.33, while British Airways-owner International Consolidated Airways (IAG) trades 0.5% lower at 424p.Tour operator TUI (TUI) also opens on the back foot, 0.5% lower to 967.7p, while small cap airline FlyBe (FLYB

London shares lose early gains to drift into negative territory in early trade on Monday on a mixed bag of rising utilities and some miners gradually losing the battle with assorted financials and banks in the red. This after Friday's gains on Wall Street and a mixed Asia this morning.The FTSE 100 index fades 35 points, or about 0.6%, to 6,048, managing to keep its head above the 6,000 water mark,

London stocks end the week modestly in the red in early trade on Friday as investors continue to digest a worse-than-forecast slowdown in US economic growth in the third quarter, while also looking ahead to Eurozone inflation figures. The benchmark FTSE 100 index drifts mid-single digits to 6,391, although midcaps do better, the FTSE 250 index posting marginal rises of around 12 points to 17,128.I

London shares head south in early trade on Tuesday, following declines across Europe's leading markets and seemingly ignoring the positive mood across the pond overnight. Miners and pharmas provide the downward drive, with the mining sector filling the top five spots on the Footsie loser board, lad by Glencore's (GLEN) near 9% slump to 108.5p.The FTSE 100 index tumbles 110 points,or about 1.8%, ju

London shares lose early gains and plunge into the red on Tuesday ahead of the release of UK inflation data which is expected to show the consumer price index dipped to zero in August.Analysts predict CPI fell to 0% year-on-year last month from 0.1% a month earlier, amid lower food and energy prices.The FTSE 100 slides 60 points, or about 1%, to 6,021 matching the mood of a lower Wall Street overn

The make or break vote in Greece's parliament on its new bailout agreement that could keep them in the eurozone has made investors nervous sending the FTSE 100 down 14 points to 6,739. The market also falls despite better-than-expected 7% second quarter growth in China, as investors appear more concerned with government policy towards the market.The index was also hit by disappointing news from so

FTSE indices make modest gains ahead of the four-day Easter weekend with oil stock, supermarkets and financial stocks contributing. Wall St fell overnight, but Asian markets firmed. Investors are distracted by Iran nuclear talks, bloodshed in Yemen and the Greek debt soap opera.In early trade on Thursday the benchmark FTSE 100 index is up around 7 points, or 0.1%, at 6,816, although midcaps perfor

London markets shrug off mixed overnight US corporate news that saw the world's biggest ever quarterly net profit posted by tech giant Apple (AAPL:NDQ). The iPhone-maker's shares jumped after the close following a massive 30% year-on-year increase in quarterly sales to $74.6 billion, and an $18 billion net profit, the largest quarterly profit posted by a company, ever, anywhere.US search group Yah

Private hospitals operator Spire Healthcare looks set for a near-£1 billion IPO valuation with the range set at between 210p and 300p per share. Final pricing is expected next week (18 Jul) for the flotation first covered by Shares last month.Housebuilder Taylor Wimpey (TW.) slips 1.3% to 115.6p despite a trading update revealing a strong first half performance. The group remains on track for ope

The IPO market has always provided a fertile hunting ground for traders as new companies typically go to a premium in early trading. And the latest upswing in new issuance since the start of 2014 is proving no exception.According to Shares' research the 27 companies that floated in the initial three months of this year generated an average 4.9% potential first-day premium, that being the mean gain

Base hits bottomA 20% drop in Base Resources (BSE:AIM) to 21p, amid rumours of a big seller, looks like a buying opportunity before the miner's April UK roadshow. With Base's Kwale minerals sands project now in production, we expect new analyst coverage and broader market awareness of its cash-generation potential. (DC)Look to HorizonLife sciences research tool supplier Horizon Discovery (HZD:AIM)