The FTSE 100 rose 12 points to finish at 9,321 on Friday, marking a fourth consecutive record close.
On Wall Street, equities advanced after Federal Reserve chair Jerome Powell’s Jackson Hole speech, where he signalled that a September rate cut remains on the table. “For once, the Fed chairman may have given the White House something to cheer, with markets now seeing a September cut as increasingly likely,”
Risers
Wishbone Gold (AIM: WSBN) reported this week that drilling at its Red Setter gold dome project in Western Australia has intersected the top of a substantial breccia pipe. The hole, drilled to 777 metres, revealed a 152-metre breccia interval, with core samples now being sent for assay. Shares surged 290% this week on the news, closing at 1.45p.
Sorted Group Holdings PLC (AIM: SORT) was among the week’s standout risers, with shares jumping 71% which is the highest it has been since the beginning of the year after the delivery software specialist renewed its contract with Marks & Spencer through to September 2028. The agreement extends a long-standing partnership that supports the retailer’s logistics operations via Sorted’s cloud-based technology.
Shield Therapeutics (AIM: STX) reported interim revenues up 177% to $21.4m, driven by a 29% increase in US prescriptions to 84,000 in the first half. The company ended June 2025 with $10.8m in cash but remains in net debt, which is forecast to rise to $36.3m by year-end. Analysts expect a full-year loss of $18.9m, though cash flow could turn positive by late 2025. Shares surged 42.7% to 8.06p, their highest level since January 2024.
Alien Metals (AIM: UFO) said new assay results from joint venture partner West Coast Silver at the Elizabeth Hill silver project in Western Australia have returned outstanding grades. Highlights included a 17-metre intercept grading 858 grams per tonne (g/t) of silver from a shallow depth of 5 metres, with a standout 2-metre section returning 10,049 g/t. The programme also delivered a notable gold intercept of 1 metre at 11.1 g/t, adding further to investor enthusiasm. Results from six holes are still pending, with Alien holding a 30% interest in the project. The shares jumped 42.3% to 0.185p.
Premier African Minerals Ltd (AIM: PREM) enjoyed a rare rally after confirming that its Zulu lithium and tantalum project in Zimbabwe has entered full operation following completion of the second phase of plant testing. Shares rose 39% over the week, though they remain 43% lower over the past year amid operational and financial headwinds.
ANGLE PLC (AIM: AGL) advanced 14% on news of a collaboration with Myriad Genetics to develop blood-based cancer diagnostics.
Vaultz Capital (AQUIS: V3TC) has appointed James Bowater as Global Head of Partnerships. Bowater, founder of crypto publication Crypto AM, brings extensive experience in digital assets. The shares rose 7.7% to 8.75p.
Fallers
Mobile Tornado Group Plc (AIM: MBT) slumped 33% as investors reacted to last week’s decision to delist from the public markets.
Nativo Resources PLC (AIM: NTVO) fell 31% after calling a general meeting to seek authority to issue new shares and remove pre-emption rights, sparking dilution concerns.
Argo Blockchain PLC (LON: ARB, OTCQX: ARBKF, NASDAQ: ARBK) dropped 30% after cautioning that negotiations over a key recapitalisation deal remain incomplete. The London- and New York-listed miner is still in talks with Growler Mining over the terms of a senior secured loan, seen as critical to its survival strategy.
The Smarter Web Company (AQUIS: SWC) appointed Jesse Myers as its new Head of Bitcoin Strategy. Shares fell 18.7% to 152.5p following the announcement.
