News Archive

London close: FTSE ends up, gold rises as Fed rate hike fears ease

3rd Jul 2026 16:51

(Sharecast News) - London stocks ended up on Friday after the latest US non-farm payrolls tempered US rate cut expectations, but gains were unspectacular as a survey showed the UK private sector shrank again in June, with trade quiet as Wall Street was closed for Independence Day.

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FTSE 250 movers: Close Bros up; Harbour Energy down

3rd Jul 2026 14:29

(Sharecast News) - FTSE 250 (MCX) 23,514.73 0.41%

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FTSE 100 movers: Fresnillo shines as gold, silver prices rise

3rd Jul 2026 14:08

(Sharecast News) - London's FTSE 100 was flat at 10,658.16 in afternoon trade on Friday.

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Johnson Matthey gets China approval for sale of CT business to Honeywell

3rd Jul 2026 14:06

(Sharecast News) - Johnson Matthey said on Friday that it has now received regulatory approval from China for the sale of its Catalyst Technologies business to Honeywell.

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Europe close: Stocks end turbulent week on a high

3rd Jul 2026 13:50

(Sharecast News) - European shares managed a positive finish on Friday after an earlier rally took the Stoxx 600 to a fresh intraday high, as a weaker-than-expected US jobs report reduced expectations that the Federal Reserve will raise interest rates.

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Litigation Capital to write off £0.8m after competition claim loss appeal denied

3rd Jul 2026 13:43

(Sharecast News) - Litigation Capital Management said on Friday that its funded party had been unsuccessful in seeking permission to appeal a competition claim loss.

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80 Mile executive appointed MD of Greenland Energy Company

3rd Jul 2026 13:39

(Sharecast News) - 80 Mile said on Friday that executive director Roderick McIllree had been appointed managing director of Greenland Energy Company, its Nasdaq-listed joint venture partner for the Jameson Land Basin project, with immediate effect.

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Alien Metals JV partner to start drilling Western Australia projects

3rd Jul 2026 13:34

(Sharecast News) - Alien Metals said on Friday that its joint venture partner GreenTech Metals planned to begin drilling later this month at the Munni Munni and Whundo projects in Western Australia, with a programme comprising about 4,750 metres of reverse circulation drilling and 3,560 metres of diamond drilling.

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Director dealings: Hercules CEO ups shareholding

3rd Jul 2026 13:27

(Sharecast News) - Hercules revealed on Friday that chief executive Brusk Korkmaz had acquired 150,000 ordinary shares in the AIM-listed infrastructure and construction services group.

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Broker tips: Wizz Air, Brooks Macdonald, Close Brothers

3rd Jul 2026 13:18

(Sharecast News) - Citi raised its target price on Wizz Air to 1,200p from 1,000p on Friday, but kept its 'neutral/high risk' stance as it cut its near‑term estimates despite lower fuel costs.

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UK businesses to maintain price increases as Iran war impact continues

3rd Jul 2026 13:15

(Sharecast News) - UK firms expect own-price inflation to increase slightly over the coming year, according to a survey released on Friday by the Bank of England, as lag effects of the energy crisis continue to weigh on bottom lines.

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Gold on track for first weekly gain in five weeks

3rd Jul 2026 12:42

(Sharecast News) - Gold prices were on course to post their first weekly rise in five months on Friday after a weaker-than-expected non-farm payrolls report led investors to scale back rate hike expectations.

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Ilika raises £4.56m in placing, seeks another £0.5m through retail offer

3rd Jul 2026 11:30

(Sharecast News) - Ilika said on Friday that it had conditionally raised £4.56m through an oversubscribed placing and directors' subscription, and would seek up to a further £0.5m through a retail offer to existing UK retail shareholders.

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Strategic Minerals' Cornwall Resources gets permission to expand Redmoor drilling

3rd Jul 2026 11:25

(Sharecast News) - Strategic Minerals said on Friday that Cornwall Resources had received planning permission to expand the drilling programme at its Redmoor tungsten-tin-copper project in Cornwall, allowing two further rigs to be mobilised and giving approval for up to three years of continuous operations.

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Europe midday: Shares pare gains after Stoxx hits fresh high

3rd Jul 2026 11:24

(Sharecast News) - European shares pared gains at midday on Friday after a morning rally that saw the Stoxx 600 hit a fresh intra-day high as a weaker-than-expected US jobs market report reduced the chances of an interest rate hike by the Federal Reserve.

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