Creightons, up 18.3%, announced that it has promoted Mohammed Qadeer (known as Qadeer), the company's Chief Financial Officer (CFO), to the Board of Directors, effective 1 May 2025.
GetBusy, up 10.9%, announced that its annual general meeting (AGM) would be held in its offices at The Works, Unity Campus, Pampisford, Cambridgeshire, CB22 3FT at 10.30am BST on 20 May 2025.
Cambridge Cognition, up 8.3%, in its preliminary unaudited results for the year ended 31 December 2024, announced that revenues dropped to £10.34m from £13.52m recorded in the previous year. Loss before tax narrowed to £1.71m from £3.46m.
Sareum, up 6.3%, 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.
Nexteq, up 5.1%, in its AGM statement, announced that the board remains confident in achieving 2025 full-year market expectations. Despite the global uncertainty relating to the introduction of tariffs, it has a strong track record managing its supply chain, and it is working tirelessly with suppliers and customers to navigate any potential disruption that may arise. 1Spatial, up 4.1%, announced that it would release its audited final results for the year ended 31 December 2024 on 7 May 2025.
CyanConnode, down 25.7%, in its trading update, announced that 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.
Feedback, down 20.0%, in its trading update, announced that it expects revenue for the period to be around £0.9m (2024: £1.18m). The company continues to conservatively manage its finances and remains well funded with cash and short-term investments of £6.6m as of 31 March 2025, following the successful £6.1m (gross) fundraising in November 2024. Dialight, down 0.9%, announced that it has appointed Mark Fryer as Chief Financial Officer (CFO) and Executive Director of the company, with effect from 01 May 2025.
UK markets ended higher last week, amid signs of easing global trade tensions. On the data front, the UK manufacturing PMI unexpectedly rose in April. Meanwhile, the UK BRC shop price index declined in April, while the Nationwide housing prices fell more than expected in April. The FTSE 100 index advanced 2.2% to settle at 8,596.4, while the FTSE AIM 100 index rose 6.1% to close at 3,438.2. Additionally, the FTSE techMARK 100 index gained 5.7% to end at 6,470.2.
US markets ended higher in the previous week, buoyed by signs of a potential easing of trade tensions between the US and China. On the macro front, the US nonfarm payrolls climbed more than anticipated in April, while the nation’s unemployment rate remained unchanged as expected in April. Also, the US personal income advanced more than anticipated in March, while the personal spending rose more than expected in March. Further, the US pending home sales unexpectedly climbed in March. Meanwhile, the US annualised gross domestic product unexpectedly contracted in 1Q25, while the nation’s ISM manufacturing PMI fell less than expected in April. Moreover, the US JOLTS job openings unexpectedly dropped in March, while the ADP employment rose less than expected in April. Additionally, the US consumer confidence declined more than expected in April, while the nation’s weekly jobless claims climbed more than expected in the week ended 25 April 2025. The DJIA index rose 3.0% to end at 41,317.4, while the NASDAQ index gained 3.4% to close at 17,977.7.
