FTSE 100-0.06%
£8,721.92
S&P 5000.36%
$6,083.57
AIM All-Share0.17%
£722.08
FTSE 100-0.06%
£8,721.92
S&P 5000.36%
$6,083.57
AIM All-Share0.17%
£722.08
Market News

Morning News Summary 07 February

Mixed market signals with positive developments in alternative proteins and real estate, while technology and healthcare sectors face challenges. Key updates from ANIC, PSDL, HINT, IOM, and APQ.

ANICPSDLHINTPEYIOMBELLTANAPQ
FEB
7
FRI

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BELL
BAD
Healthcare£3.62M

Belluscura Launches Discounted Retail Offer Amid Lack of Financial Details

The medical device company is raising capital through a discounted retail offer, but lacks financial details to fully assess the impact.

BELL
BAD
Healthcare£3.62M

Belluscura Raises £4M in Discounted Placing

The medical device company has raised £4 million through a discounted share placing, potentially signaling low investor appetite and dilution for existing shareholders.

IOM
BAD
Technology£56.38M

iomart Group Sees Profit Disappoint as Customer Churn Rises

The cloud services provider warns of weaker-than-expected profits due to rising customer churn and lower renewals, despite growth in newer offerings.

HINT
GOOD
Unknown£356.06M

Henderson International Income Trust to Combine with JPMorgan Global Growth & Income

The global investment trust is set to combine with a peer, creating a larger, more liquid vehicle with a strong performance track record and competitive cost structure.

LGEN
GOOD
Financial Services£14.86B

L&G Sells US Protection Business, Forms Strategic Partnership with Meiji Yasuda

The financial services group has agreed to sell its US protection business and form a strategic partnership with Meiji Yasuda, boosting its capital position and enabling increased shareholder returns.

PSDL
GOOD
Unknown£151.95M

Phoenix Spree Deutschland Sees First Portfolio Valuation Increase Since 2022, Accelerates Condominium Sales

The real estate investment company reports a 3.2% increase in portfolio valuation in H2 2024, the first rise since 2022, driven by strong condominium sales. The firm is accelerating its condominium sales strategy to boost valuations.

TAN
BAD
Financial Services£5.64M

Tanfield Group Plc Provides Snorkel Investment Update

The investment company reports a decrease in sales and profitability for its aerial work platform business, Snorkel, and ongoing legal proceedings that could affect the valuation of this key investment.

EOT
NEUTRAL
Unknown£541.60M

European Opportunities Trust Reports Mixed Half-Year Results with Long-Term Outperformance

This investment trust reported underperformance in the recent half-year but maintains a strong long-term track record. Management is taking steps to address the widening discount through share buybacks and a proposed tender offer.

JGGI
GOOD
Unknown£3.12B

JPMorgan Global Growth & Income to Combine with Henderson International Income Trust

The investment trust is set to combine with a peer, creating a larger, more liquid entity with a stronger performance track record and reduced costs for shareholders.

ASHM
NEUTRAL
Financial Services£1.13B

Ashmore Group Reports Stable AuM in Half-Year Results Amid Challenging Conditions

The asset manager maintained stable AuM of US$48.8 billion despite challenging market conditions, with a strategic focus on emerging markets and growth in equities.

Market Movers

GILDCassell Capital Plc
Market Cap: 643,987
0.0800
77.78%36.146M

Change of Name and Accounting Reference Date

8d ago

Cassell Capital Plc Announces Name Change and Accounting Date Shift

NTQEnteq Technologies Plc
Market Cap: 2.502M
2.3980
33.22%867,144

Holding(s) in Company

3d ago

Enteq Technologies Plc: Regulatory Notification of Shareholding Change

0NPJColumbus A/S
Market Cap: 1.579B
12.50
22.55%377,000
PPSProton Motor Power Systems Plc
Market Cap: 2.991M
0.1800
20.00%247,141

Proposed cancellation of trading on AIM

18d ago

Proton Motor Power Systems Plc to Delist from AIM, Faces Orderly Wind-Down

SYMESupply@ME Capital plc
Market Cap: 2.152M
0.0030
20.00%6.104M

Director’s Other External Appointments

18d ago

Supply@ME Capital Director Takes on New Role at Nuburu