Welcome to today’s Five at Five – the EOB snapshot of the five most impactful market stories shaping investor sentiment.
1. Rolls-Royce tops up returns with interim share buyback
Rolls-Royce announced an interim share buyback, reinforcing confidence in cash generation and extending its shareholder returns story. Read more…
2. IG hits new high as buyback hiked on strong US growth
IG shares reached a record high after the trading platform lifted its buyback programme, underpinned by strong growth in the US and its Freetrade acquisition. Read more…
3. FTSE 100 tumbles as defence and oil stocks drag on Ukraine hopes
London’s FTSE 100 fell sharply as defence and energy stocks retreated amid renewed hopes of progress towards a resolution in Ukraine. Read more…
4. Scottish Mortgage lifts NAV after sharp SpaceX revaluation
Scottish Mortgage reported a lift in net asset value following a significant revaluation of its SpaceX holding, boosting sentiment around the trust. Read more…
5. Allergy Therapeutics CEO on grass vaccine milestone and next steps
The company has scored a major win with marketing approval for Grassmuno in Germany. This is a short, six-injection treatment for pre-season therapy targeting moderate to severe seasonal allergies. Watch here ...
More small cap news
Pathos Communications Plc (LSE:NEWS) chief executive Omar Hamdi outlined plans for an IPO while highlighting the company’s use of AI technology to support its growth strategy. Watch here…
Genflow Biosciences Ltd (LSE:GENF, OTCQB:GENFF) has finished dosing dogs in its gene therapy trial with no adverse events. The company is testing the SIRT6 gene for improvements in longevity and health span. Read more
Oriole Resources PLC (AIM:ORR) has unveiled a preliminary economic assessment for its Bibemi gold project in Cameroon. The study outlines a seven-year mine, producing 10,000 ounces a year, with an after-tax NPV of $12.8 million. Read more
Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF) is starting work to define a JORC-compliant target at its Mushima North silver-copper-zinc prospect. This will give the company a clear range of grades and tonnes to guide future drilling in Zambia. Read more
Active Energy Group PLC (AIM:AEG, OTCQB:ATGVF) plans to use spare digital infrastructure capacity in the UAE for Bitcoin mining. This is a treasury move to generate revenue from idle assets during their staged site energisation. Read more