Oracle Power, up 100.0%, announced plans to expand exploration activities at its Blue Rocks Copper and Silver Project in Western Australia, following encouraging results from its maiden geochemical sampling program. The expansion will involve extending geochemical sampling to the northwest, where stronger anomalies have been identified across a ~2 km strike length. In addition, the company will commission a Mobile MT geophysical survey to further investigate structurally hosted copper and gold deposits. These initiatives are aimed at refining drill targets and advancing future phases of exploration.
SDI Group, up 4.7%, announced that its annual general meeting (AGM) would be held at the offices of Cavendish Capital Markets Ltd, One Bartholomew Close, London EC1A 7BL on 24 September 2025 at 11.00am.
Cambridge Cognition, up 4.0%, announced that Monument Therapeutics, in which it holds a 20% stake valued at £1.8m, has entered into a partnership with the Foundation for the National Institutes of Health (FNIH) to conduct a clinical trial of MT1988, a novel treatment for schizophrenia. The trial forms part of the FNIH’s Accelerating Medicines Partnership® Schizophrenia program, a public-private collaboration supported by $44m in committed investment.
Checkit, down 1.9%, today, in its half-year results for the six months ended 31 July 2025, announced that revenues advanced to £6.9m from £6.7m recorded in the same period of the previous year. Loss before tax narrowed to £2.1m from £2.7m. Its cash and cash equivalents stood at £2.7m for the six months ended 31 July 2025.
UK markets ended higher last week, boosted by gains in banking and energy sector stocks. On the data front, the UK services PMI unexpectedly climbed in August, while the nation’s GfK consumer confidence unexpectedly rose in August. Moreover, the UK consumer price index rose to an 18-month high in July, amid a rise in airfares and food prices. Meanwhile, the UK manufacturing PMI unexpectedly dropped in August. The FTSE 100 index advanced 2.0% to settle at 9,321.4, while the FTSE AIM 100 index rose 0.6% to close at 3,669.7. Additionally, the FTSE techMARK 100 index gained 2.0% to end at 7,788.0.
US markets ended mixed in the previous week. On the macro front, the US manufacturing PMI unexpectedly advanced in August, while the nation’s services PMI fell less than expected in August. Additionally, the US housing starts unexpectedly rose in July, while the nation’s existing home sales unexpectedly rebounded in July. Meanwhile, the US building permits declined more than anticipated in July, while the nation’s weekly jobless claims climbed more than expected in the week ended 15 August 2025. Separately, the US FOMC minutes indicated that “almost all” policymakers backed holding rates at 4.25%–4.50%, with only Governors Michelle Bowman and Christopher Waller dissenting in favor of a 25-bps cut. Their concerns about weakening jobs were quickly validated by poor labor data and sharp downward revisions. However, inflation pressures from Trump’s tariffs reinforced caution on cuts. The DJIA index rose 1.5% to end at 45,631.7, while the NASDAQ index lost 0.6% to close at 21,496.5.
