TOP NEWS SUMMARY: China industrial output and retail sales disappoint

The following is a summary of top news stories Monday.

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COMPANIES

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Rio Tinto on Monday reiterated its proposal to acquire full-ownership of Turquoise...

Mon, 15/08/2022 - 11:14


Abingdon Health shares plummet as revenue falls and uncertainty looms

Shares in Abingdon Health PLC tumbled on Monday after the lateral flow test maker shared a disappointing update on its annual performance.

For the...

Mon, 15/08/2022 - 11:11


Foresight Sustainable meets IPO target with trio of acquisitions

Foresight Sustainable Forestry Co PLC on Monday said it has reached its initial public offering target of 40% afforestation through a trio of acquisitions.

Foresight...

Mon, 15/08/2022 - 11:09


CT Automotive shares falls as margin hit by Covid-19 and inflation

CT Automotive Group PLC on Monday said that its gross margin had been negatively impacted by Covid-19 related issues and inflationary cost pressures.

Shares in...

Mon, 15/08/2022 - 11:05


Serinus shares rise on double-digit jump in interim revenue

Serinus Energy PLC on Monday reported a double-digit rise in interim revenue as average realised oil prices increased significantly.

For the six months that...

Mon, 15/08/2022 - 10:55


AIM WINNERS & LOSERS: Velocys in US bill boost; Eckoh wins new deal

The following stocks are the leading risers and fallers on AIM in London on Monday.

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AIM - WINNERS

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Cornerstone FS PLC, up...

Mon, 15/08/2022 - 10:54


IN BRIEF: Wishbone Gold says second rig drilling at Red Setter

Wishbone Gold PLC - Gibraltar-based precious metals trading and exploration company with assets in Australia - Says a second drill rig is now on site...

Mon, 15/08/2022 - 10:49


UPDATE: Rio Tinto reiterates takeover proposal for Turquoise Hill

Rio Tinto PLC on Monday reiterated its proposal to acquire full-ownership of Turquoise Hill Resources Ltd for C$34 per share, around $25.48.

The announcement...

Mon, 15/08/2022 - 10:44


IN BRIEF: abrdn Asian Income Fund behind benchmarks in first half

abrdn Asian Income Fund Ltd - closed-end fund concentrated on Asian equities - Net asset value per share ends first half at 240.04 pence, sliding...

Mon, 15/08/2022 - 10:43


IN BRIEF: UP Global Sourcing shares rise on annual profit growth

UP Global Sourcing Holdings PLC - Oldham, England-based consumer brands owner - Posts annual profit rise and says trading in recently commenced financial year is...

Mon, 15/08/2022 - 10:40


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