magazine 30 Jul 2020

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Protect your portfolio from the next downturn. Shares examines the reasons why markets could pull back and it explains how to rejig investments to avoid wealth destruction.

Gold reaches a new all-time high, caution replaces optimism on UK economy, and the share price recovery is wiped out for TUI, EasyJet and International Consolidated Airlines.

FTSE closes flat ahead of Fed rate vote

UK stocks ended Wednesday virtually flat ahead of the US Federal Reserve vote on interest rates this evening.

Market indecision plagued the FTSE 100, but...

Wed, 29/07/2020 - 16:49


Avacta expands collaboration with Daewoong to develop Covid-19 treatments

Biotherapeutics group Avacta said it had expanded a collaboration and license agreement with Daewoong Pharmaceutical to develop stem cell treatments for seriously ill Covid-19 patients....

Wed, 29/07/2020 - 14:54


Cora Gold discovers gold zone near Sanankoro project in Mali

Africa-focused miner Cora Gold said it had discovered a new gold zone on the Dako II permit adjacent to its flagship Sanankoro project in Mali....

Wed, 29/07/2020 - 14:42


Sunrise Resources issued permit for perlite and pozzolan project in Nevada

Fertilizer developer Sunrise Resources said it had been issued with a mine permit for its CS perlite and pozzolan project in Nevada.

The permit authorised...

Wed, 29/07/2020 - 14:34


Shearwater losses narrow as sales rise 41%

Cybersecurity company Shearwater posted a narrower annual loss as it boosted sales.

Pre-tax losses for the year through March amounted to £1.3m, compared to losses...

Wed, 29/07/2020 - 14:09


Online Blockchain notes rise in share price; launches new product for testing

Blockchain research and development group Online Blockchain said it had launched a new product for beta testing, while noting a recent rise in its share...

Wed, 29/07/2020 - 14:03


Broker Forecast - Bernstein issues a broker note on ASOS Plc

Bernstein today reaffirms its market perform investment rating on ASOS Plc (LON:ASC) and raised its price target to 3400p (from 2650p).

Broker Forecasts data provided...

Wed, 29/07/2020 - 14:00


Draper Esprit sells remaining Transferwise stake for £18m

Venture capital firm Draper Esprit said it had sold its remaining holding in cross-border payments group Transferwise for £18m.

The sale price was above the...

Wed, 29/07/2020 - 13:57


Global Petroleum secures licence extension for prospect in Namibia

Oil company Global Petroleum said it had secured a licence extension for a prospect in Namibia.

An original petroleum agreement signed in September 2018 had...

Wed, 29/07/2020 - 13:52


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