Market Report
Directa Plus contract with OMV Petrom extended and increased
Graphene nanoplatelets technology company Directa Plus said on Friday that its contract with OMV Petrom had been extended and increased.
Botswana Diamonds raises £0.36m for exploration activities
Botswana Diamonds has undertaken a company-arranged placing with existing and new investors to raise £0. 36m, it announced on Friday, to fund exploration activities.
Europe midday: Shares extend losses after weak PMI readings
European shares extended losses as fears of extended Covid travel curbs on the continent, downbeat UK retail sales and weak business survey readings all hit sentiment.
Evgen announces positive preclinical data for SFX-01
Clinical-stage drug development company Evgen Pharma announced preclinical data demonstrating that ‘SFX-01’ is an inhibitor of SHP2 on Friday.
Serabi Gold upbeat on exploration at Sao Domingos and Sao Chico
Brazil-focussed gold mining and development company Serabi Gold announced the first exploration drilling results at its recently-acquired Sao Domingos project on Friday, as well as continued success with ore body extension drilling at the Sao Chico deposit.
London midday: Stocks fall as lockdown worries dent travel & leisure sectors
London stocks were in the red by midday on Friday as weak data and worries about the effect of prolonged lockdowns and travel restrictions knocked sentiment.
Europe open: Shares lower on tighter Covid curb plans, UK retail sales
European stocks fell on Friday as tighter Covid-19 restrictions hit travel stocks and UK retail sales disappointed.
Asia report: Most markets weaker, CNOOC plunges
Most markets in Asia finished weaker on Friday, with Chinese oil giant CNOOC seeing some serious losses in Hong Kong.
UK business activity dented by third lockdown
Business activity tumbled in January as the third lockdown took its toll, putting the UK on course for a double-dip recession, according to a survey released on Friday.
Trackwise expects FY revenues to be lower than originally expected
Printed circuit technology products provider Trackwise warned on Friday that full-year revenues were now projected to be lower than originally expected.
Learning Technologies to beat earnings expectations for 2020
Digital learning and talent management software company Learning Technologies said on Friday that it was expecting revenues for 2020 to be at least £131m, compared to £130. 1m in 2019.
Pan African Resources production improves in first half
Pan African Resources reported a 5. 9% improvement in group gold production in its first half on Friday, to 98,386 ounces.
GlaxoSmithKline's ViiV gets FDA approval for 'Cabenuva'
GlaxoSmithKline said on Friday that its HIV specialist company ViiV Healthcare has received approval from the US Food and Drug Administration (FDA) for ‘Cabenuva’, the first and only complete long-acting regimen for the treatment of HIV-1 infection in adults.
Kooth expects FY revenues to beat expectations
Digital mental health platform Kooth said full-year underlying revenues were expected to come in ahead of expectations.
TheWorks revenues slump 25% amid store closures
TheWorks reported a slump in sales on Friday as Covid-related store closures take their toll on the gifts and crafts retailer.
MySale H1 trading remains 'positive'
Online retailer MySale said on Friday that positive trading momentum continued in the first half of its trading year, with the group making "good progress" in executing its 'ANZ First' strategy.
Character Group warns of 'challenging' H2 trading environment
Toy company Character Group warned on Friday that second-half trading would be "challenging" as a result of difficulties arising from both the ongoing Covid-19 pandemic and Brexit.
Next pulls out of the running for Arcadia's Topshop
Next has dropped out of the running to bid for Arcadia’s Topshop over price.
Zytronic struggles to see a return to profits in current trading year
Touch sensors manufacturer Zytonic said on Friday that the downturn in sales seen during the second half of 2020 had now levelled out but warned it was still "difficult to foresee" a return to profits in 2021.
London open: Stocks fall after retail sales, borrowing data
London equity markets fell in early trade on Friday as investors digested disappointing UK data, with travel and leisure shares under the cosh.