Gaming Realms PLC (former PDX PLC), up 10.1% to 29.7p, announces that revenues rose to £0.5 million from £0.3 million recorded in the previous year.
Feedback PLC, up 8.3%, announced that revenues rose to £0.5 million from £0.3 million recorded in the previous year.
Xaar PLC, up 7.3%, today, announced that revenues advanced to £36.6 million from £26.3 million recorded in the same period a year ago. No interim dividend has been declared for 2022.
Quixant PLC, up 6.3%, announced that it has appointed Carol Thompson and Duncan Penny to the Board as independent Non-Executive Directors.
Cambridge Cognition Holdings PLC, up 5.7%, today, announced that revenues jumped to £5.9 million from £4.5 million recorded in the same period a year ago.
Checkit PLC (former Elektron Technology PLC), up 4.9%, announced that revenues fell to £5.4 million from £7.9 million recorded in the same period a year ago. Loss before tax widened to £4.7 million from £2.7 million.
IQGeo PLC (former Ubisense Group PLC), up 1.8%, announced that it has appointed Brian Bleile as Senior Vice President Delivery.
SAR/Sareum Holdings PLC, unchanged at 160.0p, announced that the US Food and Drug Administration has approved SotyktuTM (deucravacitinib), a first-in-class oral, selective, allosteric tyrosine kinase 2 inhibitor.
Hilton Food Group PLC, down 30.9%, announced that revenues climbed to £ £2,038.7 million from £1,710.7 million in 2021 recorded in the same period a year ago. The board has declared an interim dividend of 7.1p per ordinary share (2021: 8.2p).
Oracle Power PLC, down 13.2%, announced that a letter of intent has been given by the Directorate of Alternative Energy of the Government of Sindh to its joint venture company, Oracle Energy Limited. Kier Group PLC, down 3.0%, announced that group revenues fell 2.0% to £3,143.9 million from £3,261.0 million in the same period a year ago. Profit before tax widened to £15.9 million from £5.6 million.
Bango PLC, down 1.7%, announced that it expects to release its interim results for the six months ended 30 June 2022 on 29 September 2022. LPA Group PLC, down 1.3%, announced that it has appointed Maria Weege as its head of marketing.
UK markets closed lower last week, amid growing concerns over recession. On the macro front, Britain’s economy grew at a slower pace than expected in the three months to July, raising worries of a potential recession. Moreover, UK’s inflation rate dropped from a 40-year high in August, on the back of lower crude oil prices, while the nation’s retail sales declined at its sharpest pace in eight months in August. Meanwhile, UK’s unemployment rate unexpectedly dropped to its lowest level since 1974 in the three months to July, while the nation’s goods trade deficit narrowed more than forecasted in July. The FTSE 100 index declined 1.6% to settle at 7,236.7, while the FTSE AIM 100 index fell 2.5% to close at 4,114.0 Additionally, the FTSE techMARK 100 index lost 1.9% to end at 6,066.8.
US markets ended lower in the previous week, as stronger-than expected US inflation data stoked concerns over recession. On the data front, the US consumer price index unexpectedly rose in August, amid rise in rent and food prices while the nation’s retail sales rebounded in August, driven by rise in consumer spending. Moreover, the US initial jobless claims unexpectedly dropped to a four-month low in the week ended 9 September 2022. Meanwhile, US producer prices fell for a second straight month in August, on the back of lower gasoline prices while the nation’s industrial production unexpectedly declined in the same month. The DJIA index fell 4.1% to end at 30,822.4, while the NASDAQ index lost 5.5% to close at 11,448.4.
