News Archive

World food prices slip but remain elevated, FAO says

5th Jun 2026 10:26

(Sharecast News) - World food prices edged lower in May but remained close to a three-year high, according to the Food and Agriculture Organization on Friday, with prices relatively stable amid diverging trends in commodity markets.

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Somero trading in line with full-year guidance

5th Jun 2026 10:18

(Sharecast News) - Somero Enterprises said on Friday that trading in the first five months of 2026 had tracked well against its full-year guidance, as stabilisation continued in its largest market of US private non-residential construction.

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Avacta to reduce convertible bond debt after £9m placing

5th Jun 2026 09:56

(Sharecast News) - Avacta announced on Friday that it had raised about £9m through an oversubscribed placing with institutional investors and existing shareholders, with the proceeds to be used to reduce its convertible bond debt.

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Asia report: Markets fall as tech stocks join global sell-off

5th Jun 2026 09:55

(Sharecast News) - Asia-Pacific markets fell on Friday, led by a sharp decline in South Korean stocks, as weakness in Wall Street technology names spread into the region and investors continued to monitor Middle East tensions and efforts to end the conflict.

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RBC Capital downgrades DiscoverIE, says valuation back in line with history

5th Jun 2026 09:39

(Sharecast News) - RBC Capital Markets downgraded DiscoverIE on Friday to 'sector perform' from 'outperform' as it said the valuation is now back in line with history.

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US hiring stronger than expected with May payrolls up 172,000

5th Jun 2026 09:21

(Sharecast News) - US non‑farm payrolls rose by 172,000 in May, according to the Bureau of Labor Statistics, while the unemployment rate held steady at 4.3%, remaining within the narrow 4.3% to 4.5% range seen since mid‑2025.

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Eurozone Q1 GDP revised to show first contraction in three years

5th Jun 2026 09:17

(Sharecast News) - The eurozone economy unexpectedly contracted in the first quarter of 2026, according to figures released on Friday by Eurostat, which revised its initial estimates to reflect the first drop in economic activity in over three years.

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Empyrean Energy shares jump as drill rig secured for Mako field

5th Jun 2026 09:13

(Sharecast News) - Shares in Empyrean Energy surged on Friday morning after the AIM-listed oil and gas explorer moved closer to drilling the Mako Gas Field offshore Indonesia after securing a jack-up drilling rig.

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Europe open: Shares down as tech sell-off hits sentiment

5th Jun 2026 08:10

(Sharecast News) - European shares opened lower on Friday as a sell-off in tech stocks in the US and Asia overnight hit sentiment.

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Revolution Beauty shares jump as FCA closes probe

5th Jun 2026 07:59

(Sharecast News) - Revolution Beauty said on Friday that the Financial Conduct Authority had closed its investigation into the company and would take no further action against it or its founders.

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London open: Stocks dip ahead of payrolls

5th Jun 2026 07:40

(Sharecast News) - London stocks dipped in early trade on Friday ahead of the latest US non-farm payrolls report and as investors kept an eye on developments in the Middle East conflict.

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UK house prices unexpectedly dip in May

5th Jun 2026 07:38

(Sharecast News) - UK house prices unexpectedly declined in May, according to figures released by Halifax on Friday.

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Evoke accepts £243m takeover from Bally's Intralot

5th Jun 2026 07:33

(Sharecast News) - William Hill UK owner Evoke on Friday said it had accepted a £243m takeover offer from Bally's Intralot, sending shares in the company surging by 14%.

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London pre-open: Stocks seen muted ahead of payrolls

5th Jun 2026 07:31

(Sharecast News) - London stocks were set for a muted open on Friday as investors eyed the latest US non-farm payrolls report and kept an eye on developments in the Middle East.

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