4basebio, up 1.5%, announced that it has appointed Dr. Manja Hermina Elisabeth Maria Boerman as Executive Chair of the Board with immediate effect. Also, the company announced that Mr. Timothy McCarthy would step down as the Director and Chair of the Board.
Creightons, unchanged at 37.0p, announced that its results for the year ended 31 March 2025 are expected to be announced on 16 July 2025.
Oracle Power, down 50%, in its Q2 update, reported a significant progress across its projects in Western Australia and Pakistan. At the Northern Zone gold project in Australia, it completed extensive drilling with high-grade intercepts and confirmed strong gold recoveries, while advancing structural studies and licensing processes. At the Blue Rocks copper-silver site, geochemical sampling identified new anomalies, with drill planning underway. In Pakistan, the company secured extensions for key agreements on its 1.3 GW green hydrogen and renewable power project, ensuring regulatory stability and supporting future development steps.
UK markets ended mostly higher last week, as investors shrugged off latest US tariff threats and focused on ongoing trade negotiations. On the data front, the nation’s trade deficit narrowed in May. However, the UK gross domestic product unexpectedly dropped for a second straight month in May. Additionally, the UK manufacturing production dropped more than expected in May, while the nation’s industrial production unexpectedly declined in May. Moreover, the UK RICS housing price balance declined more than anticipated in June, while the UK Halifax house price index remained unchanged in June. The FTSE 100 index advanced 1.3% to settle at 8,941.1, while the FTSE AIM 100 index fell 0.2% to close at 3,725.5. Meanwhile, the FTSE techMARK 100 index gained 0.3% to end at 7,435.7.
US markets ended lower in the previous week, amid concerns over escalating trade tensions after US President Trump announced broad tariffs on Canada, the EU, and Mexico. On the macro front, the US NFIB Business optimism index deteriorated more than expected in June. Meanwhile, the nation’s weekly jobless claims unexpectedly declined in the week ended 04 July 2025. Separately, the US Fed meeting minutes revealed a divided stance, with policymakers split over the impact of tariff-driven inflation and most officials opposing an immediate rate cut in July, preferring to wait for clearer economic data. The DJIA index fell 1% to end at 44,371.5, while the NASDAQ index lost 0.1% to close at 20,585.5.
