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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Oil & Gas

FIVE at FIVE: Compass heads in right direction, Terra for crypto, Harbour pays its debts and Shell pledges EV charging stations...

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Compass returning to pre-pandemic levels

Compass Group shares shot up as the catering company said it was trading close to pre-pandemic levels, as arenas and university halls fill up again.

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2. The unstable stable coin

UST is built on the Terra Luna blockchain and unlike some other stablecoins it doesn’t simply represent an underlying vault of FIAT currency, instead, it has been designed to algorithmically track, or virtually simulate the real-world dollar value.

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3. Surging oil and gas helping Harbour pay its debts

Harbour Energy (LSE:HBR) is rapidly repaying debt thanks to the recent surge in oil prices with some US$600mln repaid over the first three months of 2022.

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4. Triple-digit rise for Footsie

At the close, the UK blue-chip index was 104.44 points, or 1.4% higher at 7,347.66, just below the day’s peak of 7,349.70 and well above the early session low of 7,238.97.

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5. Shell targets 100,000 EV stations in UK by 2030

As part of its new plans, the oil supermajor said it aimed to instal 11,000 rapid-charging machines, which could mean that 90% of drivers in the country would be “within a ten-minute drive of a Shell rapid charger”.

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Let’s take a look at some of tomorrow’s news

Updates from BT, Disney, Balfour Beatty and many more...

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK