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Friday Morning Markets: FTSE Gains as Miners Climb, UK Business Confidence Provides Boost

London stocks edged higher in early Friday trading, with the FTSE 100 and

Sam Boughedda
Watkin Jones Shares Slide as Investor Deals Slip Past Year-End

Watkin Jones (LON: WJG), the AIM-listed developer and manager of build-to-rent and student housing, saw its shares drop sharply after warning that a number of investor transactions it had expected to complete this year will now likely slip beyond

Asktraders News Team
Gilead Wins FDA Nod for Bixlenvo, New HIV Pill

Gilead Sciences (NASDAQ: GILD), the US biopharmaceutical group behind the blockbuster HIV drug Biktarvy, has won US Food and Drug Administration approval for Bixlenvo, a new once-daily single-tablet HIV regimen. The approval was announced after Th

Asktraders News Team
Caledonia Mining Lifts Blanket Resource 22% on Maiden Motapa Find

Caledonia Mining Corporation Plc (NYSE American: LSE:CMCL), which operates the Blanket gold mine in Zimbabwe, said on Friday that Blanket's underground measured and indicated gold resource had grown 22% to 2.178 million ounces, while unveiling a maid

Asktraders News Team
Analysts See Value in PPHE Despite 7% Post-Results Share Slide

Analysts at h2Radnor and Shore Capital said in notes that PPHE Hotel Group (LON:PPH) shares materially undervalue its asset base, following a 7% fall on Thursday in response to first-half results. The stock is down a further

Sam Boughedda
Gap Shares Jump After Profit Beat and Raised Guidance Despite Old Navy Slump

Gap (NYSE: GAP), the US clothing retailer behind the Gap, Old Navy and Banana Republic brands, rose in after-hours trading on Thursday after second-quarter profit beat estimates and management raised full-year guidance, even as revenue fell short.

Asktraders News Team
Goodwin PLC Shares Surge 10% on Record Profits and Confirmed Mechanical Engineering Sale

Shares in Stoke-on-Trent engineer Goodwin PLC (LON: GDWN) jumped over 10% to around £200.88 on Friday after the group reported record annual results and confirmed plans to sell the bulk of its Mechanical Engineering division.

Asktraders News Team
System1 Board Rejects Brave Bison’s “Unequivocal” Takeover Offer as Gap Widens

System1 Group (LON: SYS1), the AIM-listed marketing and behavioural-science research company, said today its board unanimously and unequivocally rejects the unsolicited takeover offer from Brave Bison Group (LON: BBSN), a digital advertising and t

Asktraders News Team
Shell Shares in Focus After Erste Group Upgrade to Buy

Shell plc (LON: SHEL) shares were back in the spotlight after Erste Group Bank upgraded the London-listed energy major to "Buy" from "Hold," pointing to robust refining margins and the strength of Shell’s integrated business

Asktraders News Team
BP in Talks to Sell Egyptian Oil and Gas Assets to Energean, Reuters Reports

BP (LON: BP) is in exclusive talks to sell a package of its upstream oil and gas assets in Egypt to UK-listed gas producer Ener

Asktraders News Team
Marvell Tops Q2 Estimates, But Shares Slip Post-Market

Marvell Technology, Inc. (NASDAQ: MRVL) reported record second-quarter fiscal 2027 results after Thursday's close, beating Wall Street expectations, though shares slipped roughly 1.5% in after-hours trading as investors diges

Asktraders News Team
Why SailPoint Stock Jumped Today

SailPoint (NASDAQ: SAIL) stock has surged as much as 13% on Thursday, trading near $20.70 after closing Wednesday at $18.22, as a wave of bullish analyst commentary collided with a broader rally in cybersecurity and enterpris

Asktraders News Team
Why Veeva Systems Stock Surged Today

Shares of Veeva Systems (NYSE: VEEV) surged as much as 9% on Thursday, August 27, 2026, putting the life sciences cloud software company on pace to close at its highest level since late last year, after it delivered a blowout

Asktraders News Team
Admiral Group Downgraded to Hold by Berenberg as Rally Runs Out of Room

Shares in Admiral Group (LON: ADM) fell more than 1% on Thursday after Berenberg downgraded the motor and home insurer to "Hold" from "Buy," arguing that the stock’s remarkable rally this year has left it fully valued.

Asktraders News Team
Zoom Shares Slide as Profit Guidance Falls Short

Zoom Communications (NASDAQ: ZM), the video-conferencing and workplace software provider, beat Wall Street's Q2 estimates on both revenue and profit but still saw shares drop as its outlook for the current quarter disappointed. Enterprise revenue

Asktraders News Team
Alphabet Shares Slide as AI Capex Returns Face Scrutiny

Alphabet Inc (NASDAQ: GOOGL), the parent of Google, has lost roughly $692bn in market value since shares hit an all-time high on 13 May, after a year of outperforming Big Tech peers on AI optimism, as markets now question whether the spending will

Asktraders News Team
Deutsche Bank Turns Bearish on Novo Nordisk With First Sell Rating After 70% Stock Collapse

Novo Nordisk (NYSE: NVO), the Danish pharmaceutical group behind Ozempic and Wegovy, was cut to Sell from Hold by Deutsche Bank earlier today, the first major bank to make the call since the stock's collapse of roughly 70% from its 2025 peak.

Asktraders News Team
Enbridge Brings In KKR and Apollo to Fund Pipeline Growth

Enbridge Inc (NYSE: ENB), the Calgary-based energy infrastructure company that runs oil and gas pipelines, utilities and renewable power assets across North America and Europe, has agreed a C$2.7bn deal with KKR and Apollo Global Management to fun

Asktraders News Team
Aminex Shares Surge 51% as Tanzania Talks on Ntorya Gas Project Confirmed

Aminex (AIM: AEX), the AIM-listed oil and gas explorer focused on East Africa, saw its shares jump as much as 51% on Thursday after confirming it is directly involved in Tanzanian government-led talks to progress the long-stalled Ntorya gas develo

Asktraders News Team
Prudential Shares Slip Despite Double-Digit Profit Growth as Investors Weigh China Risks

Shares in Prudential plc (LON: PRU) fell on Thursday even as the Asia-focused insurer reported a strong set of half-year results, with new business profit, capital generation and earnings all rising by double

Asktraders News Team
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