The AIM All-Share Index ended the week down by about 1.5%, largely due to a 25bps interest rate hike by the Bank of England — though this was not entirely unforeseen.
The UK’s premier stock index had a rather understated close to the week, yet it managed to eke out a slight increase on the day, ending 0.3% up at 7,755 points.
Binance ceases operations in Canada in response to newly introduced cryptocurrency regulations.
On Friday, Binance announced its decision to exit the Canadian market following the country’s recent issuance of a series of updated regulations for cryptocurrency exchanges, which included requirements for investor |
TikTok served as a ‘dissemination apparatus’ for the Chinese Communist Party’s propaganda.
A former executive alleges that ByteDance, TikTok’s parent company in China, had a group of Communist Party members in place to propagate core Communist principles, adding to the growing concerns |
Baker Hughes reports largest decline in US weekly natural gas rig count since 2016.
According to Baker Hughes’ highly anticipated report on Friday, the number of oil and natural gas rigs in the United States experienced a significant decline this week, reaching its lowest |
Share Talk Weekly Small Cap Movers & Shakers, Saturday 13th May 2023
As for the broader retail landscape, not all news was negative. The AIM All-Share Index ended the week down by about 1.5%, largely due to a 25bps interest rate hike |
The CBO cautions that the US government might face difficulties in fulfilling its financial obligations this month.
The Congressional Budget Office (CBO) has issued a warning of a “significant risk” of the US defaulting on its payment obligations within the first half of June unless there is |
Malcy’s Blog – Oil price, Genel/GKP, Touchstone Exploration, Predator Oil & Gas & finally
WTI (June) $70.87 -$1.69, Brent (July) $74.98 -$1.43, Diff -$4.28 +43c. Author @mgrahamwood USNG (June) $2.19 u/c, UKNG (June) 79.61p -0.11p, TTF (June) €34.225 -€0.38. Oil price Oil fell sharply |
The Bank of England anticipates a reversal in inflation trends
The chief economist of the Bank of England, Huw Pill, has indicated that inflation, after reaching a crucial juncture, is expected to decline, signalling an end to the series of |
Caracal Gold PLC – Settlement of Loan Facility and PDMR Shareholding
Caracal Gold plc, the East African gold explorer, developer and producer with over 1,300,000oz of JORC-compliant gold resources, is pleased to announce revised terms of the existing Mill End Financing |
Traders Cafe with Zak Mir: Bulletin Board Heroes, Friday 12th May 2023
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, Angus, Advanced, Bens, |
Is Binance considering a London-based initial public offering (IPO)?
Binance, a prominent cryptocurrency firm, is shifting its focus away from the stringent US market, following a similar move by its Nasdaq-listed competitor, Coinbase, who recently established a presence in |
SP Angel Morning View -Today’s Market View, Friday 12th May 2023
Commodities look for direction amid uncertain monetary policy and economic growth outlook MiFID II exempt information – see disclaimer below Celsius Resources* (CLA LN) – CLICK FOR PDF – Celsius Terminates convertible |
Ondo InsurTech Plc – Placing, Subscription and Director/PDMR Dealing
Ondo InsurTech Plc (“Ondo”), the London-listed leader in claims prevention technology for home insurers, is pleased to announce that it has successfully raised £815,000 pursuant to an oversubscribed placing and |
Tesla Initiates Recall of Almost All Vehicles Sold in China Due to Brake Concerns
Tesla is set to address an acceleration system issue in nearly all cars it has sold in China, amounting to around 1.1 million electric vehicles produced at its Shanghai plant |
Kavango Resources plc (LSE:KAV) Calling of AGM
Southern African focussed metals exploration company Kavango Resources plc (LSE: KAV) announce the Company’s Annual General Meeting will be held at the offices of the Company’s Solicitors, Druces LLP, Salisbury |
RNS Hotlist with Zak Mir: THG, ALK, PALM, BEN, PRD, PRM, FA & TXP
This post was written by Zak Mir, a Technical Analyst, Events Host, Presenter, CEO Interviewer and established Market Commentator. Author @ZaksTradersCafe THG (THG) said that having discussed with its financial |
The UK’s economy rebounds, contradicting the Bank of England’s previous erroneous predictions.
Contrary to the Bank of England’s predictions, the British economy displayed a stronger performance in the first quarter of the year. Data from the Office for National Statistics reveals that |
THG PLC – Termination of discussions with Apollo
On April 17, 2023, THG publicized the receipt of an initial, non-binding proposal from Apollo Global Management Inc. (“Apollo”), representing some of its associated funds, to acquire all existing and |
HP has taken measures to disable the printers of customers who use ink cartridges from cheaper rivals
A prominent computer brand has rendered its customers’ printers inoperative when they employ ink cartridges from competing firms. Hewlett-Packard, commonly known as HP, has incited outrage by introducing a recent |
Supermarket bosses have been summoned to the Treasury to explain surging food prices
Treasury officials have called supermarket executives to discuss the escalating food prices, following a warning from the Bank of England that these costs would continue to rise throughout the year. |
Department of State Begins Construction on New U.S. Embassy in Lilongwe, Malawi
In a display of the continuing strong ties between the United States and Malawi, the Bureau of Overseas Buildings Operations (OBO), the U.S. Mission in Malawi, and other U.S. and |
Traders Cafe with Zak Mir: Bulletin Board Heroes, Thursday 11th May 2023
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, Block, Bens, |
SP Angel Morning View -Today’s Market View, Thursday 11th May 2023
Commodity prices step down as China’s growth further slows MiFID II exempt information – see disclaimer below Antofagasta* (ANTO LN) – Chairman’s AGM address highlights measures to meet demand, environmental, |
UK wind power recovery triggers a drop in gas prices.
European natural gas prices continue to drop, hitting almost a 22-month low, as predictions of a surge in wind power production contribute to an already tepid demand projection. In the |
ImmuPharma anticipates advancement in clinical trial stages.
ImmuPharma PLC (AIM:IMM, OTC:IMMPF) plans to focus this year on advancing Lupuzor, its lupus treatment, into phase II/III clinical trials later in the year. The company’s progression towards critical testing |
Genflow Biosciences implements internal modifications to better align with its objectives in the US
Genflow Biosciences PLC (LSE: GENF), a leading company in the field of longevity, has revealed plans to reorganize its primary board of directors and scientific advisory board (SAB) in order |
PetroTal Corp. – Q1 2023 Financial and Operating Results
Delivered Q1 2023 production of 12,193 bopd representing 17.5% growth over Q4 2022 Achieved record sales volumes of 21,500 bopd in March 2023 through Brazil exports and Iquitos Fully repaid the Company’s |
BlackRock cautions about the overheating of the UK economy.
A leader at BlackRock, the world’s largest asset management firm, has suggested that the Bank of England should clarify the extent to which it is willing to impair the UK |
RNS Hotlist with Zak Mir: FMET, GENF, EQIP, ATM, PTAL & PALM
This post was written by Zak Mir, a Technical Analyst, Events Host, Presenter, CEO Interviewer and established Market Commentator. Author @ZaksTradersCafe Fulcrum Metals (FMET), a company focused on mineral exploration |
Savannah Energy Plc – MoA Signed for Development of New Solar Projects
Memorandum of Agreement signed with the Government of Niger for the development of up to 200 MW of New Solar Projects Savannah Energy PLC, the British independent energy company focused |
Another interest rate increase is anticipated from the Bank of England
Inflation remains stubbornly high in the UK at 10.1pc, with the Bank of England expected to raise rates three more times this year to 5pc to bring it under control. |
Malcy’s Blog – Oil price, Union Jack Oil, Afentra, Harbour Energy & finally
WTI (June) $73.71 +55c, Brent (July) $77.44 +43c, Diff -$3.73 -12c. Author @mgrahamwood USNG ( May) $2.26 +3c, UKNG (June) 82.50p -2.50p, TTF (June) €35.865 -€0.68. Oil price Oil was |
North Sea oil giant Harbour Energy axes 350 UK jobs after windfall tax hit
The largest oil producer in the North Sea anticipates slashing 350 jobs in the UK, a mere two months after reporting its profits had been virtually eradicated by Rishi Sunak’s |
Traders Cafe with Zak Mir: Bulletin Board Heroes, Wednesday 10th May 2023
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, Afentra, Cellular, Clean |
Power Metal Resources – Listing of Golden Metal Resources PLC
Power Metal 62.06% held Spin-Out IPO Vehicle Golden Metal Resources PLC Announces Admission to Trading on AIM With Power Metal’s Holding Valued at £4.44m Power Metal Resources plc (LON: POW), |
Kavango Resources – KSZ: B Conductor Drill Contract Signed
Kavango Resources plc (LSE: KAV), Southern Africa focussed metals exploration company, is pleased to announce a drilling campaign on its Kalahari Suture Zone North (“KSZ North”) project. The Company has |
Cellular Goods PLC – Products to launch on Sephora.co.uk
Cellular Goods (LSE: CBX), a UK-based skincare and wellness company providing premium consumer products formulated with lab-produced cannabinoids, is pleased to announce that it has entered into a contract with |
Dekel Agri-Vision – April Palm Oil Production Update
Dekel Agri-Vision Plc (AIM: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, is pleased to provide an April production update for its Ayenouan palm oil project |
RNS Hotlist with Zak Mir: GMET, SOLI, QBT, AET, DKL & UJO
This post was written by Zak Mir, a Technical Analyst, Events Host, Presenter, CEO Interviewer and established Market Commentator. Author @ZaksTradersCafe Golden Metal Resources (GMET), a mineral exploration company, announced |
Golden Metal Resources plc (LON: GMET) First Day of Dealings
First Day of Dealings Golden Metal Resources plc, a mineral exploration company focused on tungsten, gold, copper, silver and zinc within Nevada, USA, is pleased to announce that, at 08:00 today, |
Union Jack Oil PLC – US$15m Net Revenues Landmark Reached at Wressle
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$15,000,000 have |
Purplebricks’ Stock Plunges 60% as Company Faces Cash Shortage
Purplebricks’ stock nosedives over 60% as the distressed real estate agency cautions of possible cash depletion. On Tuesday, in a trading update, Purplebricks revealed that a decline in property listings |
Malcy’s Blog – Oil price, Diversified Energy, San Leon Energy, Reabold Resources, SDX Energy, Echo Energy & finally
WTI (June) $73.16 +$1.82, Brent (July) $77.01 +$1.71, Diff -$3.85 -1c. Author @mgrahamwood USNG (May) $2.23 +10c, UKNG (June) 85.0p +1.0p, TTF (June) €36.55 -€0.324. Oil price A real roller |
Traders Cafe with Zak Mir: Bulletin Board Heroes, Tuesday 9th May 2023
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, Alkemy, Ascent, Capital |
Winter fuel costs predicted to nearly triple amid escalating energy conflict driven by Putin
European fuel costs may nearly triple this winter and stay elevated until next summer, Goldman Sachs predicts, potentially impacting households and benefiting Vladimir Putin’s attempts to finance his Ukraine conflict. |
Kavango Resources announces a two-stage £6 million fundraising plan from current investor Purebond.
Kavango Resources PLC (LSE: KAV, OTC: KVGOF) announced a £6 million conditional equity investment to be completed in two stages through a conditional subscription by Purebond Ltd, an existing shareholder |
Capital Metals plc – Offtake MoU Signed
Agreement with the world’s No. 1 manufacturer of high-performance titanium dioxide pigments to fund the Eastern Minerals Project into production Capital Metals (AIM: CMET), a mineral sands company approaching mine |
RNS Hotlist with Zak Mir: ORCP, RBD, RBW, OSI, COBR, BHL, CMET, HEMO, TGR, TAP, SLE, ARV, FCM & ECHO
This post was written by Zak Mir, a Technical Analyst, Events Host, Presenter, CEO Interviewer and established Market Commentator. Author @ZaksTradersCafe Oracle Power (ORCP), announced that it has signed a |
Power Metal Resources PLC – Placing of £2.71 million with Term Oil, a Company Controlled by Rick Rule
Power Metal Resources PLC (LON:POW), the London listed exploration company seeking large-scale metal discoveries across its global project portfolio, announces it has completed a placing (the “Placing”) to raise gross proceeds for |
Echo Energy PLC – Proposed Partial Sale of Santa Cruz Sur Assets
Proposed Partial Sale of Santa Cruz Sur Assets, Issue of Option on a Producing Columbian Portfolio and Equity Issue at a Premium Echo Energy, the Latin American focused energy company, |
ECR Minerals plc – Funds From Sale of Bailieston Property Now Received
ECR Minerals plc (LON: ECR), the gold exploration and development company focused on Australia, is pleased to announce that further to the announcement of 17 February 2023, the sale of the Company’s ‘Bailieston’ |
First Class Metals PLC, Commencement of Field Operations
First Class Metals PLC (“First Class Metals” “FCM” or the “Company”) the UK metals exploration company seeking large scale metal discoveries across its extensive Ontario land holding is pleased to |
Baker Hughes reports the most significant drop in US weekly oil and gas rig count since February.
Baker Hughes Co a prominent energy services firm, reported that U.S. energy companies experienced the largest weekly reduction in oil and natural gas rigs since February, according to its widely |
Bulletin Board Heroes: Top Stock Risers 2023 Review, Monday 8th May 2023
Zak Mir looks at the top small-cap risers to date of 2023. Intriguingly enough, there is an almost equal mix of formerly shorting targets / negative sentiment situations, fundamental milestone |
HMRC Plans to Confiscate Bitcoin from Tax Evaders as Part of Crypto Seizure Initiative
HMRC Contemplates Implementing Regulations to Confiscate Cryptocurrency from Tax Noncompliant Businesses The government is deliberating on proposals that would grant the tax agency the authority to access online wallets, as |
Numerous EV Charging Stations Removed from UK Streets Following Spike in Energy Costs
Free EV Charging Stations in UK Reduced Significantly Due to Escalating Energy Expenses. In the past year, thousands of complimentary electric vehicle chargers have been removed from British roads as |
Trader’s Café With Zak Mir: The Week In Small Caps, Sunday 7th May 2023
London vs Other Financial Centres Author @ZaksTradersCafe One of the themes that the mainstream media is currently enjoying is the idea that the London stock market is losing out to |
Share Talk Weekly Stock Market News Review, Sunday 7th May 2023
The Bank of England’s governor, Andrew Bailey, along with the Monetary Policy Committee (MPC) members, is expected to announce another interest rate hike this coming Thursday. There is ongoing debate about |
Bank of England likely to hike, all eyes on the BOE this Thursday
The Bank of England’s governor, Andrew Bailey, along with the Monetary Policy Committee (MPC) members, is expected to announce another interest rate hike this coming Thursday. There is ongoing debate |
Share Talk Weekly Mining Sector News Round-Up, Sunday 7th May 2022
On Wednesday, gold prices reached a new yearly peak for the second time, as investors pursued secure assets amid news of continued challenges faced by US regional banks. Gold climbed |
Share Talk Expected Market Updates For The Week Ahead, 8th – 12th May 2023
The upcoming week, spanning from May 8th to May 12th, begins with a Coronation bank holiday in the UK, followed by a focus on various businesses that have recently been |
Traders Cafe with Zak Mir: Bulletin Board Heroes, Weekend Edition, Saturday 6th May 2023
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, Blencowe, C4X, Hostmore, |
Oil Prices Surge, Yet Record Consecutive Third Week of Decline
On Friday, oil prices experienced an increase; however, they faced a third consecutive weekly drop following a significant decline earlier this week, in anticipation of rising benchmark interest rates and |
Share Talk Weekly Small Cap Movers & Shakers, Saturday 6th May 2023
Small-cap stocks often experience significant price fluctuations, which is characteristic of lower-value securities. However, the increase in value that Mirriad Advertising PLC (AIM: MIRI, OTCQX: MMDDF) experienced this week was |
Share Talk Weekly Energy Sector News Round-Up, Saturday 6th May 2022
In April, diesel prices across the UK averaged 159.4p per litre, compared to 146.5p for petrol. However, at the end of the month, diesel’s wholesale prices were 104.9p per litre, |
Charles III Is Crowned King
On Saturday, Charles III of Britain was crowned king in a ceremony that blended eighth-century rituals with 21st-century elements, featuring the kind of majestic pageantry not seen since his mother, |
ChatGPT possesses superior stock selection capabilities compared to traditional fund managers.
A collection of stocks curated by ChatGPT, an AI-driven chatbot, has significantly outperformed several well-known investment funds in the UK. In a financial experiment by comparison website finder.com, between March |
Fox Marble Holdings – Shareholder Record Date for Kosovan Litigation
Update Regarding Shareholder Record Date for Kosovan Litigation In response to inquiries from current Fox Marble Holdings plc shareholders, the company confirms that the record date for shareholders to be |
Power Metal Resources plc – Appointment of Non-Executive Director
Power Metal Resources plc (LON: POW) the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces the appointment of Bill Brodie Good as a Non-executive Director of the Company with immediate |
Traders Cafe with Zak Mir: Bulletin Board Heroes, Friday 5th May 2023
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, Arrow, Bushveld, Baron, |
Greatland Gold moves closer to their ASX Listing
Greatland Gold, a part-owner of the promising Havieron gold project, is gearing up for an ASX listing to streamline its Australian operations. The company will maintain its listing on the |
SP Angel Morning View -Today’s Market View, Friday 5th May 2023
Copper prices weaken towards three months low whilst Cochilco raises price forecasts MiFID II exempt information – see disclaimer below Bushveld Minerals* (BMN LN) – Refinancing of US$45m Orion debt |