Share Talk Weekly Stock Market News Review, Sunday 18th June 2023

According to an industry trade body, rural households could face a rise of more than 70% in their heating costs if they comply with the government’s net zero targets by

In a report issued on Friday, energy services company Baker Hughes Co (BKR.O) stated that U.S. energy companies have reduced the operation of oil and natural gas rigs for a

Economists are cautioning that the UK economy could be plunging towards a steep recession and a surge in unemployment if interest rates reach the 6% threshold that financial markets anticipate.

The imminent increase in interest rates implies that individuals intending to refinance their homes will face an average yearly cost hike of £2,900 starting in 2024, as per a declaration

In the wider market, the AIM-All Share index had a flat week, adding 0.02% to 794 points, falling short of its benchmark, the FTSE 100, which rose 1.4% to 7,670.

Binance, the world’s top cryptocurrency exchange, is currently under scrutiny by French authorities, as per French media reports. The investigation is primarily centered on Binance’s anti-money laundering protocols. This development

President Vladimir Putin announced that Russia has made its initial delivery of tactical nuclear weapons to Belarus. This delivery comes three months after unveiling the plan, which is causing escalating

The pound has reached its highest point since April of the previous year, as the Bank of England seems ready to hike interest rates beyond those of the US Federal

WTI (Aug) $70.62 +$2.35, Brent (Aug) $75.67 +$2.47, Diff -5.05 +12c.  Author @mgrahamwood USNG (July) $2.53 +19c, UKNG (July) 97.010p +4.75p, TTF (July) €37.075 -€5.72. Oil price In what is

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, ASOS, Audioboom, Altyn, Aston

Copper climbs as China considers more stimulus MiFID II exempt information – see disclaimer below Delta Lithium (DLI AU) – Japanese conglomerate invests $46.4m to advance Delta’s Australian pegmatite projects

Argos Resources Limited (AIM: ARG), provides an update on the proposed disposal of the Company’s PL001 Production Licence interests in the North Falkland Basin to JHI Associates Inc. (“JHI”). On

Zak Mir talks to Joachim von Halasz, Head of Investor Relations, Amazon Natural Spring Waters. Amazon Natural Spring Waters (ANSW), is a UK water company, that distributes bottled water around

The flagship cryptocurrency, Bitcoin (BTC), has experienced a decrease of approximately 6% so far this month as we cross the midpoint of June. However, a halt in the US Federal

Insiders anticipate that Cineworld Group PLC (LSE: CINE) is poised to engage administrators momentarily, mere days following Sky’s coverage of a restructuring scheme for the UK-based cinema chain. The task

Lift Global Ventures (AQSE:LFT), an investment company focused on financial media and the energy sector, updated on its investee company in the energy sector – Trans-Africa Energy Limited (TAE). Author

Multi-partner grant awarded for the validation of Genedrive® CYP2C19 ID Kit in time-critical NHS settings Manchester NHS Industry partnership programme for the rapid genomic test implementation genedrive plc (the “Company”),

Tesco PLC has announced an encouraging onset of inflation relaxation, accompanying an 8.2% increase in group comparable sales for the first quarter, driven by a robust performance in the UK.

Lift Global Ventures Plc (AQSE: LFT), an investment company focused on financial media and the energy sector, is pleased to provide an update on its investee company in the energy

Nationwide is preparing to raise its fixed-rate mortgage rates for the third time in three weeks on Friday, a move prompted by a surge in wholesale borrowing costs. The building

The English football team, Manchester United (MANU.N), is currently in discussions about granting exclusive rights to a consortium spearheaded by Sheikh Jassim bin Hamad al-Thani of Qatar, for a potential

The European Central Bank (ECB) has elevated its interest rates to a peak not seen in 22 years, while concurrently increasing its inflation forecasts. The Governing Council decided in favour

The upheaval in the UK’s mortgage markets seems to have no imminent resolution, as the average mortgage rates reach a peak not seen since December of the previous year. The

PBOC cuts rates as state council looks to give support MiFID II exempt information – see disclaimer below Adriatic Metals* (ADT1 LN) – Moving towards a revised MRE for Rupice

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Abingdon, Aterian, Clontarf,

The National Grid has confirmed discussions with Drax, the UK power producer, about the possibility of reactivating two coal-powered units for emergency backup power next winter. Earlier this year, the

Warpaint London plc (AIM: W7L), a company specializing in colour cosmetics and the proprietor of the W7 and Technic brands, update on its current business activities. On April 26, 2023,

Twitter Inc (NYSE: TWTR) is facing a lawsuit amounting to $250 million from seventeen music publishers. The accusers assert that Twitter has facilitated thousands of copyright infringements of songs on

Coro Energy PLC (AIM: CORO) announced its plans to procure a set of rooftop solar assets in Vietnam, a deal valued at US$1.3 million. The transaction is anticipated to yield

Bezant (BZT), the copper-gold exploration and development company, confirmed that it has by an agreement dated 14 June 2023 agreed with Sanderson Capital Partners Limited, a long-term shareholder in the

First Class Metals PLC (LON: FCM) the UK metals exploration company focused on the discovery of economic metal deposits across its extensive Canadian – northwest Ontario, land holding is pleased to provide an update

WTI (July) $69.42 +$2.30, Brent (Aug) $74.29 +$2.45, Diff -$4.87 +15c. Author @mgrahamwood USNG (July) $2.34 +8c, UKNG (July) 90.05p +15.8p, TTF (July) €33.70 +€4.7. Oil price After two bad

HSBC has revealed plans to retract a large portion of its mortgage offerings from the market due to concerns about the volatility of interest rates, marking the second such instance

Prices of natural gas in Europe have dipped once more following Tuesday’s surge, with Goldman Sachs asserting that a fall in demand will neutralize any effects from the disruption of

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Andrada, Aterian, Cap-XX, Longboat,

Global EV sales exceed 1m vehicles a month despite global growth concerns MiFID II exempt information – see disclaimer below Boliden AB (BOL ST) SEK319.5, Mkt cap SEK87bn – Fire

Futures prices experienced a week-long surge for the first time in 10 weeks, amid worries that Europe may have to import more gas. This recent instability in European gas prices

Galantas Gold Corp (AIM: GAL, TSX-V: GAL, OTCQX: GALKF) has disclosed that QME Mining Services (NI) Ltd. Ireland has concluded its due diligence at Galantas’ Omagh Gold Project in Northern

San Leon (SLE), the oil and gas production company, announced a further update in relation to its proposed refinancing and its current financial situation. Author @ZaksTradersCafe The company said that

Kavango Resources plc (LSE: KAV), the Southern Africa focussed exploration company, is pleased to announce that following the approval of all of the AGM resolutions by shareholders on 8 June

Ondo InsurTech Plc (“Ondo”), the London-listed leader in claims prevention technology for home insurers, is pleased to announce a new one-month pilot programme with G4S in Denmark to test a

Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon production, development and exploration company, is pleased to announce that material landmark net revenues, in excess of US$16,000,000 have

WTI (July) $67.12 -$3.05, Brent (Aug) $71.84 -$2.95, Diff -$4.72 +10c. Author @mgrahamwood USNG (July) $2.26 +1c, UKNG (July) 74.25p -4.73p, TTF (July) €29.0 -€7.60.  Oil price Oil fell sharply

Consortium to design green tugs for the UK & Export market Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical

ONDO, GGP, KOD, MARU, EDL, PREM, BRES & SAV all sport potential near-term catalysts. Investors are waiting for that next step up. By Charles Archer As a long-term investor, I tend

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Andrada, Abingdon, Aterian,

Atlantic Lithium Limited (AIM: ALL, OTCQX: ALLIF, ASX: A11) has announced its search for a new member to join its board of directors, following the immediate resignation of Stuart Crow,

Metals climb on Chinese rate cut news and expectations for further stimulus MiFID II exempt information – see disclaimer below American West Metals (AW1 AU) – New geophysical study identifies

Traders speculate that by year-end, the Bank of England will hike interest rates to 5.75pc in response to record-breaking wage growth outside of the pandemic period. The market is fully

URA Holdings (URAH) announced that Bernard Olivier, Chief Executive Officer of URA will provide a live presentation relating to the Post-AGM Presentation via Investor Meet Company on 30th Jun 2023

Predator Oil & Gas Holdings Plc (LSE: PRD), the Jersey based Oil and Gas Company with near-term gas operations focussed on Morocco, is pleased to announce an interim drilling update

Record-breaking wage growth outside of pandemic times is placing significant pressure on the Bank of England, compelling it to continue increasing interest rates to circumvent an inflationary vortex. Excluding bonuses,

Rockfire Resources plc (LON: ROCK), the base metal, gold and critical mineral exploration company, is pleased to announce that the Company’s fourth drill hole, as part of its geotechnical drilling

The Company is pleased to announce that it’s 96% owned Zambian subsidiary, Tertiary Minerals (Zambia) Limited, has applied for, and had approved for grant, a new mineral exploration licence at

IOG plc (AIM: IOG.L) confirms that First Gas has been safely delivered from the Blythe H2 well and provides an update on the planned near-term intervention. Rupert Newall, CEO, commented:

Millions of clients have been alerted about challenges in processing certain Mastercard transactions. NatWest, an FTSE 100 bank, and Stripe, a leading US payments company, have both notified their customers

Tuffnells, one of the largest courier companies in the UK, has fallen into administration, jeopardising the jobs of nearly 2,300 employees and causing potential disruptions to the multitude of businesses

Santander has decided to suspend almost all of its mortgage offerings as it reevaluates the market in anticipation of additional projected interest rate hikes by the Bank of England. The

Caracal Gold PLC, the expanding East African gold producer with over 1,300,000oz JORC-compliant gold resources, makes the following updates. Corporate Governance and Board Changes: On 23 January 2023 it was

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Bushveld, Cobra, Dekel,

Gold prices little changed ahead of a series of monetary policy announcements MiFID II exempt information – see disclaimer below Celsius Resources* (CLA LN) – Celsius edges closer to mining

Ondo Insurtech (LON: ONDO) shares are up 235% year-to-date, spurred by multiple encouraging developments in a classic FTSE small-cap growth story. As most readers will know, I tend to cover

Shares in Savannah Resources PLC (AIM: SAV, ETR: SAV, OTC: SAVNF) climbed over 6% during morning trading following the announcement of positive outcomes from their latest scoping study on the

Angus Energy (AIM: ANGS) has successfully assisted a fellow Operator in a planned pipe inspection operation last week.  This planned operation demanded the diversion of our export flow from Saltfleetby

In anticipation of a heatwave that is predicted to increase the demand for air conditioning throughout Britain, the National Grid has requested that a coal power station be brought up

Bitcoin prices are striving to find balance, while altcoins endured a harsh weekend. The largest cryptocurrency by market capitalization increased marginally by 0.2% to $25,852 in the most recent 24-hour

Futura’s Fast-Acting Topical Gel for the Treatment of Erectile Dysfunction Granted Marketing Authorisation by the US FDA for Over-the-Counter Sale Futura Medical plc (AIM: FUM) (“Futura” or the “Company”), a

Reabold Resources (RBD), the oil & gas investing company, announced the exercise of certain of its options to increase its interest in LNEnergy Limited by a further 13.2%, for an

As previously announced, this year’s Annual General Meeting will be held at 10 am on 13 June 2023 in Dublin, Ireland. In order to listen to the proceedings of the

Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company, is pleased to announce that it has purchased a total of 50,000 of its ordinary shares

Goldman Sachs The doom and gloom merchants of the mainstream financial media have been commented on here many times. The latest non triumph for them and the economic pessimists is

The former first minister, Nicola Sturgeon, has been apprehended amid an investigation into the finances of the Scottish National Party (SNP), as declared by Police Scotland. This arrest follows that

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Acuity, Block, Blencowe,

Broadly, the AIM All-Share Index was mostly stable, experiencing a negligible 0.03% drop to 790.25 points during the first week of June. In contrast, the FTSE 100 and FTSE 250

In their latest report, energy services firm Baker Hughes Co (BKR.O) indicated that U.S. energy companies have decreased the operational oil and natural gas rigs for the sixth consecutive week,

The Wall Street Journal reported on Saturday that German detectives are scrutinizing evidence that hints at a sabotage squad utilizing Poland as their headquarters to inflict damage on the Nord

“Anticipated layoffs as major operator points to ‘difficult macro environment’ for the energy sector. The recent cut in the windfall tax on oil and gas producers by the UK government,

According to a survey conducted by the Financial Times, the US Federal Reserve will have to undertake harsher measures than initially anticipated to curb inflation. This view is shared by

Investors should anticipate updates from companies such as Shell, Tesco, Ashtead, Bellway, and Halma, while both the Federal Reserve and the European Central Bank are due to make their interest

Under new regulations set by the UK’s Financial Conduct Authority (FCA), crypto advertisements must now prominently feature explicit risk warnings. The FCA has directed firms to inform clients, through their

GGP shares and KOD shares are both at a crossroads. Long-term investors with a healthy risk appetite are maintaining their composure. By Charles Archer I have covered both Kodal Minerals (LON:

Frasers Group, established by Mike Ashley, has acquired a £75m share in AO World. This move is part of a series of strategic deals under the new CEO, Michael Murray,

Broadly, the AIM All-Share Index was mostly stable, experiencing a negligible 0.03% drop to 790.25 points during the first week of June. In contrast, the FTSE 100 and FTSE 250

WTI (July) $71.29 -$1.24, Brent (Aug) $75.96 -99c, Diff -4.67 +25c.  Author @mgrahamwood USNG (July) $2.35 +3c, UKNG (July) 64.0p +1.58p, TTF (July) €28.64 +€0.89.  Oil price PetroTal Corp PetroTal

Chief UK Economist at Oxford Economics, Andrew Goodwin, anticipates that the Bank of England may postpone the expected interest rate cuts until 2025. Previously, Goodwin assumed the Bank would begin

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, ASOS, Amigo, Alkemy, Acuity,

In response to the Biden administration’s intensified scrutiny of the cryptocurrency sector, Binance is set to restrict dollar withdrawals from its US-based cryptocurrency exchange in the coming days. Binance.US has

Weak Chinese inflation data fuel speculation for an increase in government stimulus MiFID II exempt information – see disclaimer below KEFI Gold and Copper* (KEFI LN) – FY22 annual results

Altona Rare Earths Plc (LON: REE) began its journey on London’s principal market, transitioning from the Aquis Exchange. The company saw its shares surge to 6.25p on the initial trades,

Tesco, the largest supermarket chain in the UK, is under scrutiny by the Competition & Markets Authority following allegations of possible law violations tied to the lack of clarity in

GreenRoc Mining (AIM: GROC) is an AIM-listed graphite mining development company with all of its projects based in Greenland. The company has c.134.5m shares in issue and at the offer