Share Talk Weekly Stock Market News Review, Sunday 6th August 2023

This week witnessed another interest rate rise to 5.25%. The Bank of England who delivered this has been widely criticised, and it is interesting how few people now wish to

Baker Hughes, an energy services firm, reported this week that US energy companies continued their trend of decreasing the number of operational oil rigs for the eighth week straight, according

The AIM All-Share Index could have taken a more significant hit this week, considering the Bank of England’s decision to raise interest rates and Fitch’s unexpected downgrade of the US

Alexander Novak, the Russian Deputy Prime Minister, stated that global oil demand is projected to increase by 2.4 million barrels daily this year, which in his view, will keep the

The Russian rouble dropped against the US dollar to its lowest level since the first month of the war in Ukraine. The Russian rouble has nosedived to an unprecedented low

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,  Arc, Aura, BSF,

Kudos to Coinbase Global Inc (NASDAQ: COIN), a cryptocurrency exchange listed on Nasdaq, for weathering ongoing regulatory challenges. This company, under Brian Armstrong’s leadership, has been consistently in the crosshairs

Copper, nickel and tin rise as China PBOC pledges more monetary policy support MiFID II exempt information – see disclaimer below BacTech Environmental Corporation (BAC CN) – Response to Temporary

Hive gadgets cease to function as smart home products are discontinued. British Gas’s Hive has begun disabling its customers’ security cameras following the discontinuation of numerous smart home devices. The

Helium One Global Ltd (AIM: HE1, OTCQB: HLOGF) has announced a series of alterations to its board, involving the induction of Graham Jacobs as the financial and commercial director. Jacobs

Helium One Global (HE1), the primary helium explorer in Tanzania announced changes to the Board of Directors. Robin Birchall has decided to step down from his position as Non-Executive Director.

Further Drilling Results from Ongoing Validation and Infill Drill Programme and Mining Licence Application Update Europa Metals, the European-focused lead, zinc and silver developer, is pleased to announce the latest

Operations Summary Caracal Gold plc, the East African gold producer with over 1,300,000oz JORC-compliant gold resources, provides a corporate update and progress report on its operations and exploration activities for

Global oil prices are soaring due to Saudi Arabia’s indication of further decreasing its oil supply. Following its decision to trim production by one million barrels per day in September,

Bloom Analytic has highlighted the remarkable growth and potential of Ondo InsurTech PLC (LSE: ONDO), an emerging leader in the home water leak detection market. Its patented LeakBot technology has

Albemarle raises guidance on strong lithium market dynamics China continues to struggle as property sector continues to weigh on economy MiFID II exempt information – see disclaimer below Albemarle Corporation

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, Avact, Canadian, Chill,

Ahead of a potential 14th interest rate hike expected by the Bank of England, the FTSE 100 has seen a decrease. Early market activity reveals a 1.4pc dip in the

Tirupati Graphite (TGR), the specialist graphite producer and developer of sustainable new age materials, announced its Audited Final Results for the year ended 31 March 2023 (FY23). Author @ZaksTradersCafe Operating

UK Oil & Gas PLC announce that further to the High Court’s 20th July 2023 decision upholding the legality of the Loxley conventional gas and hydrogen feedstock project’s planning consent,

Bougouni Lithium Project Funding Package – Kodal receives Prepayment of US$3,500,000 and Update on Conditions Precedent for Funding Package Completion Kodal Minerals, the mineral exploration and development company focused on lithium

Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, is pleased to announce the establishment of Harland

MAGINITO COMPLETES ACQUISITION OF PIONEERING RARE EARTH MAGNET RECYCLER HYPROMAG HIGHLIGHTS: Maginito (Mkango 90%; CoTec 10%) completes transaction to increase its ownership in HyProMag to 100% – £1 million (C$1.7

US$17,000,000 Net Revenues Landmark Reached at Wressle Wressle-1 Update Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon production, development and exploration company, is pleased to announce that material landmark net

Orcadian notes the significant rise in the Company’s share price today. The Board confirms that it is not aware of any specific reason for this increase. The Directors are aware of

Asda has emerged as the pioneering supermarket to disclose its local fuel prices online, following indications from regulators that companies were amplifying their profit margins at the pump, a practice

Uranium prices jump higher as Niger coup leader threatens French uranium supply MiFID II exempt information – see disclaimer below American West Metals (AW1 AU) – Drilling of deeper geophysical

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, Allergy, Blackbird, Canadian, Future

Potential for Direct Ship Iron Ore identified at the Hancock Project Alien Metals Ltd (LSE AIM: UFO), a global minerals exploration and development company, is pleased to announce that its

Evgen Pharma PLC (AIM: EVG), a clinical-stage pharmaceutical development firm, has disclosed the termination of its patent and knowledge licence agreement with JuvLife Ltd, a subsidiary of Juvenescence Ltd. The

Empire Metals (EEE), the AIM-quoted resource exploration and development company, is pleased to announce that an Airborne Gravity Survey has recently been flown at the Pitfield Project, located in the

Vast Resources plc, the AIM-listed mining company, is pleased to announce the Q2 production report at its Baita Plai Polymetallic Mine (‘Baita Plai’) in Romania. Baita Plai Production: As announced on

Empire Metals Ltd (AIM: EEE) has announced the completion of an airborne gravity survey over its Pitfield project located in Western Australia. Empire’s shares have tripled in the previous quarter

The FTSE 100 is forecasted to commence with a downward trend, following the US credit rating’s downgrade by Fitch, a decision deemed “arbitrary” by the US Treasury Secretary. European stock

The United Kingdom is on the brink of an industrial recession due to increasing interest rates, causing a significant decrease in production and employment in an already struggling sector. The

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,  Amigo, Aterian, Belluscura, Blackbird,

Chinese manufacturing PMIs and real estate data disappoint MiFID II exempt information – see disclaimer below Galantas Gold* (GAL LN) – Omagh mine plan update Glencore (GLEN LN) – Acquisition

A flash blog today, as always I will update in the next day or two. Author @mgrahamwood Chariot Chariot Limited announce that it has signed a Petroleum Agreement for a

Wishbone (WSBN) announced that it has raised £1.42m gross at a price of 2.4p. This represents an oversubscription of 42% against the initial target subscription of £1m. The company said

HSBC has announced robust pre-tax earnings amounting to $21.7bn (£16.9bn) for the initial half of 2023, a nearly 150% surge due to rising interest rates. The conglomerate also introduced a

Helium One Global (AIM: HE1), the primary helium explorer in Tanzania today announces that Ian Stalker (72) has decided to step down from his position as Non-Executive Chairman after five years in

BP PLC (LSE: BP.) announced a significant plunge in profits due to declining refining margins, yet it increased its shareholder dividend by 10%. “Despite undergoing considerable restructuring, our performance this

Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, is pleased to announce that it has been

Following supply reductions by Saudi Arabia and Russia, oil is poised to achieve its highest monthly gain since the start of 2022 as prices surge. Both Brent crude and West

Predator Oil & Gas Holdings plc (LSE: PRD), a Jersey-based Oil and Gas Company with near-term gas operations focussed on Morocco, announces its intention to issue new ordinary shares in

Posting of Notice of Annual General Meeting Annual Report & Financial Statements for the Period Ended 31 March 2023 Ondo InsurTech Plc (“Ondo”), the London-listed leader in claims prevention technology for

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, Allergy, Blackbird, Graft Polymer,

Weak Chinese PMI adds further evidence of the need for pro-stimulus measures MiFID II exempt information – see disclaimer below Atlantic Lithium* (ALL LN) – Quarterly report highlights positive DFS

Jeremy Hunt has been pressed to scrutinize the banking regulator in an attempt to “restore integrity” following the de-banking scandal. Several high-profile Conservatives and ex-finance industry leaders have written to

Beacon Energy PLC (AIM: BCE) experienced a dip in their shares early this Monday after announcing that the resumption of drilling operations at the Schwarzbach-2 well in Germany, necessitates a

Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, is pleased to announce that it has been issued a Notice to

Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) is gearing up for a significant production increase as it edges closer to initiating operations at the Cascadura field in Trinidad. The firm announced

Metals One (MET1), which is advancing battery metal projects at brownfield sites in Finland and Norway, announced the admission of its entire issued share capital at 8.00 a.m. today. Author

The UK Chancellor, Rishi Sunak, has granted approval for numerous new oil and gas licenses in the North Sea, cementing the crucial role of oil and gas in the UK’s

Metals One, which is advancing battery metal projects at brownfield sites in Finland and Norway, is pleased to announce the admission of its entire issued share capital of ordinary shares of £0.01 each to trading

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,  Aferian, Blackbird, Braveheart,

The Bank of England is anticipated to implement another interest rate hike at the forthcoming meeting of the Monetary Policy Committee (MPC) next Thursday, although there’s some contention regarding the

De-Banking The de-banking scandal has been a financial markets related affair to provide some excitement at a time of year when this can be rather pedestrian. Author @ZaksTradersCafe On the

This week  AIM All-Share Index, remained relatively unchanged over the week. However, it peaked at 770 on Thursday afternoon, up by half a percentage point from Monday’s opening at 766.

Baker Hughes (BKR.O), a prominent energy services firm, reported that U.S. energy companies decreased the count of oil rigs for the eighth consecutive month in July, while they expanded the

Oil prices experienced a rise on Friday, marking the fifth consecutive week of gains, with investors holding an optimistic view that robust demand and reduced supply will maintain high prices.

Arrow Exploration Corp (TSX-V: AXL, AIM: AXL, OTC: CSTPF) has announced that the Carrizales Norte 2 (CN-2) well at the Tapir Block project in Colombia could potentially yield 1,400 barrels

WH Ireland Group PLC (AIM: WHI), a small-cap brokerage and wealth management firm, is scrambling to raise a critical £5mln to stay solvent. Each share is offered at an alarming

Businesses are declaring bankruptcy at the swiftest pace since the global financial crisis, with interest rates reaching their pinnacle since 2008. The Insolvency Service reported that insolvencies in England and

Another flash blog as I’m out today but as with yesterday I will comment on Monday if further information etc is received. The Sound and Savannah news is from yesterday,

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,  AFC, Canadian, Cap-XX,

Gold slides as dollar strengthens on better US GDP MiFID II exempt information – see disclaimer below Bushveld Minerals* (BMN LN) – Enerox update Neometals Ltd (NMT LN) – Quarterly

Sovereign Metals (SVML) provided its quarterly report for the period ended 30 June 2023. Subsequent to the end of the quarter, Rio Tinto made an investment of A$40.4 million in

Upland Resources Limited (LSE: UPL) is pleased to announce significant progress in the development of Block SK334 in Sarawak. The Company, together with its joint venture partner in Sarawak, Big

AstraZeneca has reported a stronger-than-anticipated performance in the second quarter, with robust sales from its leading cancer drugs offsetting the decline in Covid vaccine sales. The Anglo-Swedish pharmaceutical giant reported

Bushveld Minerals Limited (AIM: BMN), the integrated primary vanadium producer and energy storage solutions provider, announces that VRFB Holdings Limited (“VRFB-H”) has received notice from Garnet Commerce Limited (“Garnet”) regarding its option in Enerox Holdings Limited (“EHL”),

After a tumultuous week, NatWest Group PLC (LSE: NWG) is striving to regain investor confidence with solid dividends, a share buy-back initiative, and robust profits. However, the company warned that

Oracle Power PLC (AIM: ORCP), an international project developer, is pleased to provide the following update on activities during Q2 2023, as it advances the development of a portfolio of

Europa Oil & Gas (Holdings) plc, the AIM traded UK and Ireland focused oil and gas exploration, development, and production company, is pleased to announce that it has assumed operatorship of licence PEDL343, which

Coutts’ CEO has resigned effectively immediately following the private bank’s closure of Nigel Farage’s accounts due to conflicting “values” between Farage’s views and the bank’s stance. Peter Flavel, who took

Travelling can often be expensive, but it doesn’t have to be. With a bit of forethought and the right resources at your disposal, you can travel without breaking the bank.

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, Allergy, Aferian, Amala, Amte,

Only days after jeopardizing worldwide food supplies by withdrawing Russia from the Black Sea grain pact, Vladimir Putin has pledged to provide grain at no cost to six African nations.

Copper rally resumes as traders bet stimulus to coincide with rising seasonal demand MiFID II exempt information – see disclaimer below Adriatic Metals* (ADT1 LN) 186p, Mkt cap £328m –

A flash blog today as I’m in London today…As usual further comments etc when I hear it. Author @mgrahamwood Apologies for wordage yesterday, as in the reprint I meant when

Mila Resources PLC (LSE: MILA) alongside its partners, has given Liontown, a major Australian-listed company, an option to probe for lithium on their Katleen Valley licence in Western Australia. Liontown,

Arrow Exploration (AXL), the operator with a portfolio of assets across key Colombian hydrocarbon basins, provided an update on the operational activity at the Carrizales Norte field on the Tapir

Centrica PLC (LSE: CNA), the parent company of British Gas, has reported significant profits for the first half of the year, which has spurred an increase in investment, a raised

Cornish Metals Inc (AIM:CUSN, TSX-V:CUSN, OTC:SBWFF) announced the successful activation of two submersible pumps installed recently in the New Cook’s Kitchen shaft at South Crofty mine, in Cornwall. The associated

Ananda’s ambition is to be a leading provider of high-quality cannabinoid-based medicines for the treatment of complex, chronic inflammatory pain conditions. Highlights •     Ananda’s wholly owned subsidiary MRX Medical Limited (MRX)

CN-2 well now on production CALGARY, July 27, 2023 – Arrow Exploration Corp. (AIM: AXL; TSXV: AXL) (“Arrow” or the “Company”), the high-growth operator with a portfolio of assets across key

OPTI shares have soared in July. Is it too late to get in, or is the company just getting started? OptiBiotix (LON: OPTI) shares hit my radar a couple of

Amidst the commotion related to NatWest, Wall Street is gearing up for a significant day. A slight dip at the opening bell is anticipated in the US markets, as investors

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, Actual Experience, Aptamer,

Metals pause as investors digest CCP statement and await Fed rate decision MiFID II exempt information – see disclaimer below Anglo American (AAL LN) – DeBeers reports rough diamond sales

SIMEC Atlantis Energy Ltd (AIM:SAE, OTC:SMAYF) shares witnessed a 47% spike as the firm’s restructuring measures started yielding results, as evidenced by the year-end results of 2022. Group losses plummeted

Shares of Rolls-Royce Holdings PLC (LSE: RR.) surged by 21% to 186p after the firm elevated its full-year guidance, owing to a robust first-half performance and the successful initiation of

The London freesheet is on the verge of engaging administrators due to its inability to secure a buyer. City AM, a leading London freesheet, is on the verge of entering

hVIVO plc (HVO), the company focused on testing infectious and respiratory disease products using human challenge clinical trials, announced a trading update for the six-month period ended 30 June 2023.

The City Minister is set to interrogate bank heads today over concerns related to account closures based on customers’ political views. This meeting with Andrew Griffith assumes increased importance following

Synergia Energy Ltd (AIM: SYN) is pleased to provide the following update concerning the current workover of the Cambay C-77H well. Workover operations have proceeded according to expectations and commenced

Block Energy plc, the development and production company focused on Georgia, is pleased to announce it has spud its next Project I development well, WR-34Z. WR-34Z Following a detailed review of

Strong first-half performance and record order book On track to deliver full-year guidance and long-term sustainable growth hVIVO plc (AIM & Euronext: HVO), the world leader in testing infectious and respiratory

According to economists, the Bank of England is predicted to increase interest rates three additional times this year, due to ongoing high inflation. A Reuters poll indicates that by the

The United Kingdom is predicted to incur the greatest debt interest payments among developed nations this year, as escalating prices drive up the cost of its inflation-pegged debt. Forecasts from