1. BAE, Rolls-Royce up as defence stocks rally post-German election
Merz pledged “independence” from the United States in the wake of his win, fuelling speculation that security spending could be ramped in Europe.
2. FTSE 100 heads lower
London's blue chips got off to a negative start to the week.
3. Lloyds Banking Group: Is it time to 'buy'. These two banks think not. Find out why
Despite the upgrade, RBC maintained a neutral “sector perform” rating, suggesting limited further upside for the stock.
4. Chemring surges 13% as private equity said to be circling defence firm
Private equity firm Bain had tabled at least one proposal to acquire Chemring in recent weeks, according to Sky News.
5. Wood Group shares soar 30% after it confirms renewed interest from UAE bidder
It comes at a turbulent time for the engineering and oil services firm.
And with small caps
Nostra Terra Oil and Gas confident it’ll continue to see production growth
Hemogenyx shares jump 13% as first-in-human trial of CAR-T therapy begins
Technology Minerals to start Black Mass shipments to Glencore in March