Johnson Matthey, down 10.6%, announced that it and BP have been selected by Willis Sustainable Fuels (WSF) for their Fischer Tropsch (FT) CANS technology.
Raspberry PI Holdings, down 9.6%, in its audited results, announced that revenues dropped to $259.5m from $265.8m recorded in the previous year. The company has not proposed any dividends for the year.
Kier Group, down 10.0%, announced the completion of the new HMP Millsike for the Ministry of Justice, increasing prison capacity by around 1500.
4basebio, up 4.9%, announced that it has secured Good Manufacturing Practice (GMP) certification from the UK MHRA for its Cambridge-based DNA manufacturing facility.
Gaming Realms, unchanged at 35.2p, in its annual results, announced that revenues climbed to £28.47m from £23.42m recorded in the previous year. The board has not proposed the final dividend for the current year.
Oracle Power, unchanged at 0.02p, announced that Apex Geoscience has started the maiden geochemical sampling programme to progress exploration at the Blue Rock Valley Copper and Silver Project, located in the Ashburton Basin in the northwest region of Western Australia.
Cambridge Cognition, down 14.1%, announced that it has been chosen by a major pharmaceutical company to provide digital cognitive and voice assessments for two Phase 3 clinical trials in adolescents with Major Depressive Disorder (MDD).
Quartix Technologies, down 9.0%, in its AGM trading statement, announced that it has made a strong start to the year, with new unit subscriptions approximately 20% higher in the first quarter than in the same period in 2024.
Nexteq, down 7.6%, announced the change of its registered office address to 1st Floor, The Galleria, Station Road, Crawley, West Sussex, RH10 1WW, with immediate effect.
SDI Group, down 5.9%, announced that it has acquired Collins Walker Ltd, a designer and manufacturer of industrial electric boilers, for approximately £1.85m.
Dialight, down 5.2%, announced a full and final settlement agreement has now been entered into with Sanmina. The first payment due by 31 March 2025 of $4m has been made to Sanmina.
1Spatial, down 5.0%, announced that it has secured a third major contract for 12 months for its SaaS solution, Streetworks, with Kent County Council for a consideration of £0.5m.
UK markets ended lower last week, as the mounting US-China trade war tensions raised concerns of a global recession. On the data front, the UK manufacturing PMI dropped to a 17-month low in March, while the nation’s services PMI rose less than expected in March. Moreover, the UK BRC shop price index fell in March, while the nation’s mortgage approvals dropped more than expected in February. Also, the UK Nationwide housing prices remained flat in March, following a rise in tax on property transactions. The FTSE 100 index declined 7.0% to settle at 8,055.0, while the FTSE AIM 100 index fell 8.6% to close at 3,079.3. Additionally, the FTSE techMARK 100 index lost 6.6% to end at 6,034.4.
US markets ended lower in the previous week, as US President Donald Trump's new trade tariffs stoked fears of a global economic slowdown. On the macro front, the US ISM manufacturing PMI declined more than anticipated in March, amid rising worries over tariffs on imported goods, while the nation’s ISM services PMI declined more than expected in March. Also, JOLTS job openings dropped more than expected in February, while the nation’s unemployment rate unexpectedly rose in March. Meanwhile, the US factory orders rose more than expected in February. Additionally, the US ADP employment climbed more than expected in March, while the nation’s nonfarm payrolls climbed more than expected in March. Moreover, the US weekly jobless claims unexpectedly fell in the week ended 28 March 2025, while the Chicago PMI unexpectedly advanced in March. The DJIA index fell 7.9% to end at 38,314.9, while the NASDAQ index lost 10.0% to close at 15,587.8.
