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Aviva Shares Remain Muted Despite Acquiring AIG’s UK Business

The Aviva plc (LON: AV) share price remained muted after announcing that it would acquire AIG’s UK protection business for a total cost of £460 million. Investors barely reacted to the news because they might assume it would

Aviva Plc Office
Simon Mugo
Kibo Energy Share Price Dropped 9.1% on Another JVA Extension

The Kibo Energy PLC (LON: KIBO) share price dropped 9.09% after announcing that its UK-based multi-asset operator subsidiary Mast Energy Developments (MED) has extended the completion long-stop date for MED's first definitive

Kibo Energy logo
Simon Mugo
OptiBiotix Share Price Surged 23.6% on Boots Online Partnership

The OptiBiotix Health PLC (LON: OPTI) share price surged 23.6% after announcing that it had partnered with Boots, one of the largest retailers in the UK and Ireland with 58,000 employees in 2,200 shops across the United Kingd

Optibiotix logo
Simon Mugo
Kodal Minerals Shares Fell 2.91% on Latest Bouguoni Mine Update

The Kodal Minerals PLC (LON: KOD) share price fell 2.91% after issuing an update about the ongoing development of its Bouguoni Lithium mine in Mali and the funding package agreed with Hainan in January this year. The company

Kodal Minerals logo
Simon Mugo
UK Oil & Gas (UKOG) Share Price Rose 4.35% on Pinarova-1 Update

The UK Oil & Gas PLC (LON: UKOG) share price rose 4.35% after announcing that it had secured the larger and more powerful 7-inch perforating guns available for importation into Turkey. The new guns can penetrate the Pinar

Oil & Gas
Simon Mugo
JD Sports (JD) Share Price Rallied 8.19% on Its Interim H1 Results

The JD Sports Fashion PLC (LON: JD) share price rallied 8.19% after releasing its interim results for the 26 weeks to 29 July 2023. The company generated group revenues worth £4,783.9 million, marking an 8% improvement, trans

JD Sports store
Simon Mugo
Synairgen (SNG) Share Price Fell 10.9% on Its Interim Results

The Synairgen plc (LON: SNG) share price fell 10.9% after releasing its interim results for the six months ended 30 June 2023. The company had cash and deposit balances of £14.6 million as of 30 June 2023, compared to £18.0 m

Biotech Lab
Simon Mugo
Premier African (PREM) Shares Surged 10.2% on Zulu Mine Update

The Premier African Minerals Ltd (LON: PREM) share price surged 10.2% after issuing an update about its Zulu Lithium and Tantalum mine operations. The company noted that it had completed the installation of the Mill, includin

premier african minerals logo
Simon Mugo
Quantum Blockchain (QBT) Share Price Plunged 14.6% on Updates

The Quantum Blockchain Technologies PLC (LON: QBT) share price plunged 14.6% after announcing that it had difficulties designing chip improvements for Chinese-manufactured Bitcoin mining rigs, accounting for nearly three-quar

Quantum Blockchain
Simon Mugo
Oxford Biomedica (OXB) Shares Rallied 19.4% on ABL Europe Deal

The Oxford BioMedica plc (LON: OXB) share price rallied 19.4% after announcing that it was in exclusive talks with Institut Mérieux about the proposed acquisition of ABL Europe by the company as part of its transition into a

BioMedica plc (LON: OXB)
Simon Mugo
M&G (MNG) Shares Edged 4.3% on the Positive Half-Year Results

The M&G PLC (LON: MNG) share price edged 4.25% after the global investment manager reported its half-year results, which were better than expected. The company reported positive net client flows, excluding Heritage, of £0

M&G (LON: MNG)
Simon Mugo
Alien Metals (UFO) Share Price Rose 5.53% on High-Grade Assays

The Alien Metals Ltd (LON: UFO) share price rose 5.53% after announcing that it had encountered significant intersections of high-grade Direct Ship Ore (DSO) confirmed at its 90%-owned Hancock Project, including 78.2 metres a

Alien Metals logo
Simon Mugo
IQE Share Price Fell 1.91% Despite VisIC Technologies Partnership

The IQE plc (LON: IQE) share price fell 1.91% after announcing that it had entered into a strategic collaboration agreement with VisIC Technologies, a global leader in manufacturing GaN (Gallium Nitride) power solutions for t

IQE Plc exterior
Simon Mugo
Northcoders (CODE) Shares Plunged 41% on an Uncertain Future

The Northcoders Group PLC (LON: CODE) share price plunged 40.5% after releasing its interim results for the six months to 30 June 2023 (H1 2023). The company revealed that its revenues grew to £3.5 million during the period,

Northcoders staff
Simon Mugo
Ocado Shares Edged 5.13% Higher on Q3 Retail Trading Statement

The Ocado Group PLC (LON: OCDO) share price edged 5.13% higher after releasing its Ocado Retail trading statement for Q3 2023, representing 13 weeks to 27 August 2023. Ocado Retail is a joint venture between Marks & Spenc

Ocado delivery
Simon Mugo
Avacta Shares Rose 12.7% on Phase 1a Sixth Dose Trial Results

The Avacta Group Plc (LON: AVCT) share price rose 12.7% after announcing that it had completed the ALS-6000-101 Sixth Dose Escalation and Clinical Update. The company noted that the excellent safety profile of AVA6000 continu

Avacta office
Simon Mugo
Hutchmed Share Price Gapped 12% on a Delayed Response to News

The HUTCHMED (China) Ltd (LON: HCM) share price gapped 11.9% higher today despite the company's lack of news releases. Therefore, the gap higher could be attributed to positive investor sentiment or a delayed reaction to prev

Hutchmed logo
Simon Mugo
Alba Minerals Share Price Crashed 20.6% on Clogau Mine Update

The Alba Mineral Resources plc (LON: ALBA) share price crashed 20.6% after issuing an update about the operations at its Clogau-St David's Gold Mine in North Wales. The company was denied a temporary extension of the higher (

Alba-Mineral-Resources-Logo
Simon Mugo
Hemogenyx (HEMO) Share Price Surged 40.5% on an $830K Deal

The Hemogenyx Pharmaceuticals PLC (LON: HEMO) share price surged 40.5% after announcing that it had received a strategic investment from Prevail Partners, LLC, through a subscription for 11,066,667 ordinary shares priced at U

Hemogenyx logo
Simon Mugo
Vast Resources (VAST) Shares Plunged 24% on Debt Payment Delay

The Vast Resources PLC (LON: VAST) share price plunged 24% after issuing a very brief update regarding the settlement of a historic parcel of debts that was supposed to be settled by now. The company noted that it could not s

Vast Resources
Simon Mugo
Rockfire Resources (ROCK) Shares Were Suspended on Acquisition

The Rockfire Resources PLC (LON: ROCK) shares were suspended from the AIM after announcing that it had acquired two cash-generating businesses from Paloma Precious DMCC. The company acquired 99% of Emperesse Bullion LLC (Empe

Rockfire Resources logo
Simon Mugo
Power Metal (POW) Shares Gapped 4.9% on New Gold Anomalies

The Power Metal Resources PLC (LON: POW) share price gapped up 4.94% after announcing the results of geochemical soil sampling, which confirmed two significant gold anomalies at its 100%-owned Tati Gold Project located on the

Power Metal Resources logo
Simon Mugo
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