Hilton Food Group, down 1.4%, announced that its annual general meeting (AGM) would be held at Hilton Food Group plc, 2-8 The Interchange, Latham Road, Huntingdon, Cambridgeshire PE29 6YE on 20 May 2025, commencing at 12pm.
Science Group, up 4.8%, in its 1Q trading update, announced that the company had progressed well at the start of the year, with revenue and profitability slightly ahead of the board's plan for the first quarter.
Feedback, up 4.5%, today, in its trading update, announced that it expects revenue for the period to be around £0.9m (2024: £1.18m).
Cambridge Cognition, up 1.4%, announced that it would release its preliminary results for the year ended 31 December 2024 on 1 May 2025. Aferian, unchanged at 3.4p, announced that its annual general meeting (AGM) would be held at the offices of Bryan Cave Leighton Paisner LLP, Governors' House, 5 Laurence Pountney Hill, London, EC4R 0BR on 22 May 2025, at 2 pm.
Oracle Power, unchanged at 0.02p, announced further assay results from aircore (AC) drill holes of a 32 hole 1,805m programme recently completed at the Northern Zone Intrusive Hosted Gold Project, located 25km east of Kalgoorlie in Western Australia. A further 414 samples from 11 drill holes are still to be assayed, with results expected in the near term. The results of recent drilling continue to validate and enlarge the shallow gold mineralisation associated with the Northern Zone porphyry.
CyanConnode, down 17.6%, today, in its trading update, announced it has continued to experience strong demand for its smart metering solutions, and this is reflected in the substantial increase in its contracted outstanding order book, which grew from approximately £50m as at 31 March 2024 and now stands at approximately £180m.
Sareum, down 8.6%, today, announced an update on its TYK2/JAK1 and SRA737 programmes. Its recent preclinical findings show that TYK2/JAK1 inhibitors have significant potential to be developed for CNS diseases - a strategically important area with high unmet needs.
Checkit, down 3.6%, in its final results, announced that revenues climbed to £14.1m from £12.0m recorded in the previous year. Loss before tax narrowed to £4.4m from £4.6m.
UK markets ended higher last week, amid signs of easing tensions in the US-China trade dispute. On the data front, the UK retail sales unexpectedly rose in March. Meanwhile, the UK manufacturing PMI dropped as expected in April, while the nation’s services PMI fell to a 27-month low in March. Moreover, the UK GfK consumer confidence declined to its lowest level since 2023 in April. The FTSE 100 index advanced 1.7% to settle at 8,415.3, while the FTSE AIM 100 index rose 0.7% to close at 3,240.7. Additionally, the FTSE techMARK 100 index gained 1.7% to end at 6,122.1.
US markets ended higher in the previous week, driven by gains in technology sector stocks and optimism over easing tensions in the US-China trade dispute. On the macro front, the US manufacturing PMI unexpectedly advanced in April, while the nation’s durable goods orders climbed more than anticipated in March, amid a rise in orders for commercial aircraft. Additionally, the US new home sales rose more than expected in March. Meanwhile, the US existing home sales dropped more than expected in March, while the nation’s weekly jobless claims rose more than expected in the week ended 17 April 2025. Moreover, the US services PMI declined more than expected in April, while the Michigan consumer sentiment index fell less than expected in April. Separately, the US Beige Book reported that prices are increasing, and economic activity has started to slow across parts of the country, as businesses and households struggle to adjust to President Donald Trump’s unpredictable implementation of broad tariffs intended to reshape global trade. The DJIA index rose 5.1% to end at 40,113.5, while the NASDAQ index gained 9.5% to close at 17,382.9.
