Cambridge Index rises 2.0%

The Cambridge Index advanced 484.44 points or 2.0% to close at 25,002.4, as seven out of the top ten index heavyweights posted weekly gains in their share price.

Raspberry PI Holdings, up 4.0%, announced that its half-year results for the six months ended 30 June 2025 would be released on 23 September 2025.

GetBusy, up 1.0%, announced that it has now agreed with the Panel that Greg Wilkinson is no longer a member of the IPO Concert Party because of the change in the nature of the relationship between Clive Rabie and Greg Wilkinson. Moreover, the company confirmed that it would release its half-year results for the period ended 30 June 2025 on 9 September 2025. 

CyanConnode Holdings, unchanged at 7.8p, announced that it has secured a follow-on order worth over AED 5.8m (£1.2m) for cellular gateways in the Middle East and North Africa (MENA) region. The contract, part of a multi-year smart electricity metering rollout initiated in August 2022 and expanded in October 2024, will see all equipment delivered and revenue recognised within FY ending 31 March 2026.

Bango, down 4.5%, announced that it has changed its registered office and UK headquarters to Matrix House, Cambridge Business Park, Cowley Road, Cambridge, CB4 0WZ, United Kingdom, with immediate effect. 

Xaar, down 1.0%, announced the appointment of Mr. Ben Stocks as Chairman and Independent Non-Executive Director with effect from 1 October 2025. He will serve as a member of the remuneration committee and chairman of the nomination committee.

UK markets ended higher last week, as the Bank of England (BoE) lowered its interest rate to 4.00%. On the data front, the UK services PMI rose more than expected in July, while the nation’s Halifax house price index advanced more than anticipated in July. Separately, the Bank of England (BoE) reduced its key interest rate by 25 basis points to 4.00%, signalling that its monetary easing cycle may be nearing an end as policymakers grow more cautious over persistent inflation. The FTSE 100 index advanced 0.3% to settle at 9,095.7, while the FTSE AIM 100 index rose 0.8% to close at 3,664.9. Additionally, the FTSE techMARK 100 index gained 1.8% to end at 7,655.9.

US markets ended higher in the previous week, supported by gains in technology stocks and investor optimism over potential interest rate cuts. On the macro front, the US factory orders dropped less than expected in June. Meanwhile, the US ISM services PMI unexpectedly fell in July, while the nation’s weekly jobless claims rose more than expected in the week ended 01 August 2025. The DJIA index rose 1.3% to end at 44,175.6, while the NASDAQ index gained 3.9% to close at 21,450.



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