News Archive

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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United Oil raises £0.5m in placing with existing shareholders

3rd Jul 2026 11:22

(Sharecast News) - United Oil & Gas said on Friday that it had raised £500,000 before expenses through a placing of 250 million new shares at 0.20p each, arranged by Tennyson Securities and backed by two existing long-term institutional shareholders.

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Biella court dismisses enforcement appeal against Quantum Blockchain

3rd Jul 2026 11:19

(Sharecast News) - Quantum Blockchain Technologies said on Friday that a court in Biella had dismissed an appeal by a Sipiem defendant challenging enforcement proceedings over a third real estate asset, allowing the judicial sale process to resume.

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Richmond Hill to carry out initial field programme at Martello

3rd Jul 2026 11:16

(Sharecast News) - Richmond Hill Resources said on Friday that it would carry out an initial field programme at its Martello project, focused on validating and selectively sampling the New Church Lake, Sakoose and Maw targets.

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Crimson Tide agrees 12-month extension to Cadent Gas contract

3rd Jul 2026 11:11

(Sharecast News) - Crimson Tide said on Friday that it had agreed a 12-month uplifted extension to its contract with Cadent Gas, the UK's largest gas distribution network, taking the agreement through to 30 September 2027.

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Amaroq flags Main Market move no earlier than end of July

3rd Jul 2026 11:07

(Sharecast News) - Amaroq said on Friday that it expects to move its London listing from AIM to the Main Market no earlier than 31 July, subject to regulatory approvals, including approval of its prospectus by the Financial Conduct Authority.

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London midday: Stocks fall after UK services data

3rd Jul 2026 10:42

(Sharecast News) - London stocks had fallen into the red by midday on Friday after a survey showed the UK private sector shrank again in June, with trading quieter than usual due to the Independence Day holiday in the US.

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Shore Capital upgrades Close Brothers to 'buy', shares spark

3rd Jul 2026 10:30

(Sharecast News) - Shore Capital upgraded Close Brothers on Friday to 'buy' from 'hold' and lifted the price target to 495p from 490p as it pointed to favourable risk versus reward.

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Asia report: Most markets rise as technology stocks rebound

3rd Jul 2026 09:58

(Sharecast News) - Asia-Pacific markets mostly rose on Friday, with South Korea leading gains as technology stocks rebounded sharply despite weakness in US semiconductor names overnight.

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Marks Electrical CFO Tom Pallatt steps down

3rd Jul 2026 09:35

(Sharecast News) - Online electrical retailer Marks Electrical said on Friday that chief financial officer Tom Pallatt has decided to leave the company.

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UK services PMI slumps to three-year low amid 'lacklustre' conditions

3rd Jul 2026 09:33

(Sharecast News) - The downturn across the UK services sector deepened in June, according to revised figures from S&P Global on Friday, pointing to the sharpest contraction in activity in over three years.

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Eurozone business activity stabilises as cost pressures ease

3rd Jul 2026 08:45

(Sharecast News) - Private sector activity across the eurozone stabilised in June, according to the final composite purchasing managers' index released on Friday by S&P Global and the Hamburg Commercial Bank (HCOB), with the downturn in the services sector easing more than initially expected.

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London open: FTSE gains further after weak US jobs report

3rd Jul 2026 08:02

(Sharecast News) - London stocks rose in early trade on Friday at the start of what was set to be a quiet session due to the Independence Day holiday in the US, after Thursday's weaker-than-expected non-farm payrolls report tempered rate hike expectations.

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Activity in China's services sector eases less than expected in June

3rd Jul 2026 08:01

(Sharecast News) - Activity in China's services sector eased less than expected in June, according to a private survey released on Friday.

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Europe open: Stoxx hits fresh high on US jobs data cools rate hike chances

3rd Jul 2026 07:50

(Sharecast News) - European shares rallied and hit fresh highs on Friday 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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