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Markets

LSE Volume: 3,753 M
Avg Vol: 4,409 M -15%
Fallers
2,910
Unchanged 472
Risers
1,427

Commodities pull FTSE lower

The blue-chip index followed Asian markets lower, despite a recovery in oil prices.

MJ Gleeson pre-tax profits rise

MJ Gleeson, the community regeneration housebuilder and strategic land specialist, reports another strong performance for the year to the end of June with revenue up 20.8% and profit before tax up 63.0%.

Lamprell contract

Lamprell has received a new contract award from Jacktel AS, a wholly owned subsidiary of Master Marine AS, for the upgrade of the mobile operating unit 'Haven' as an accommodation service vessel for the Statoil 'Johan Sverdrup' field, offshore Norway.

COLG's losses

City of London Group reports a pre-tax loss of £6.8m after losses of £7.2m relating to TFPL and a profit of £1.4m on the sale of Therium in the year to the end of March (2015: loss before tax £1.6m).

RM2 collaborates

RM2 International has entered into a strategic manufacturing agreement with Jabil for the mass production of the RM2 BLOCKpal pallet in Mexico.