US markets were shut today and some might say UK markets might as well have joined them in taking the day off.
The FTSE 100 edged 6 points higher to 6,825, led by broadcaster ITV (LON:ITV), which was wanted after the Sunday Telegraph suggested 6% stakeholder Liberty Global is sounding out institutions over a possible bid for the company.
Mid-cap Perform (LON:PER) closed up 26% on a final offer from Access Industries that the board of Perform has rejected.
A new 15-year tie-up with Takata, a leading developer of driver safety systems, will see the Seeing Machines product in cars - up to now the emphasis has been on heavy-duty mining vehicles and haulage fleets.
Servision (LON:SEV), the developer and manufacturer of digital security systems, climbed five-eighths of a penny to 3.25p as issued shares to finance house Yorkville at 5.2p a pop in lieu of £39,000 of fees payable.
David Lenigas's new vehicle Evocutis (LON:EVO) continued to ride a wave of investor enthusiasm, gaining another 48% this morning - after a 200% rise on Friday.
Another company pulling off the rare feat of rising after issuing capital was TXO (LON:TXO), which rose 18% to 0.20p after it received notice of the exercise of conversion rights in respect of £29,500 of the £425,000 convertible security issued as announced on 19 February 2014.
The shares were converted at 0.1368p each.
Forbidden Technologies (LON:FBT) has released a prototype version of its video-sharing technology, prompting a 19% rise in the share price. The product, called Eva, lets people share video clips online using Google’s Android and Apple’s iOS mobile operating systems.
The firm produces ferrochrome, which is an essential ingredient in stainless steel, from its operations in South Africa.
Armadale Capital (LON:ACP) has agreed to buy Kisenge Limited, which owns mineral exploration rights to part of the south of the Democratic Republic of the Congo.
The acquisition for US$520,000 in cash gives Armadale ownership over its main exploration centre - the Mpokoto Gold Project – and obviously pleased the market, which chased the shares 12% higher.
The terms of the deal are US$100,000 payable on the successful drilling of well with initial production in excess of 300 barrels a day plus there’s also a US$50,000 capital expenditure credit.
The shares finished the day 11% higher.