WH Smith (LON:SMWH) high-street sale faces investor focus after TG Jones court delay
TG Jones, which bought WH Smith’s high street stores, was still waiting on a High Court
South32 Ltd (ASX:S32) share price bounce leaves June selloff intact before quarterly update
South32 Ltd entered Tuesday’s pre-open after a 1.79% rise on Monday, but the bounce did little to repair June’s damage. The miner closed at A$3.98; since June 22 it is down 4.1%,
FTSE 250 lags FTSE 100 as housebuilders pressured by mortgage drop
London had finished trading at the usual 0800-1630 BST hours when the numbers came in. The main story wasn’t the FTSE 100’s minor fall. Domestic names took the bigger hit, with mid-caps dropping harder than the FTSE’s biggest stocks. Hargreaves Lansdown’s market board was running late, with the FTSE 100 off 23.80 points at 10,484.22. The FTSE 250 dropped 132.34 points to 23,014.85. The FTSE All-Share slipped 0.26%.
Macquarie trades near record, staff plan buyup mostly off-market
Macquarie Group Ltd heads into Tuesday’s pre-open close to a record. But the A$734 million employee share plan isn’t the real figure for investors. Only A$53.3 million was actually bought on the market. The rest happened off market, meaning the exchange-traded purchase was much smaller than the full staff-share number. ASX cash trading was not open at the dateline since it was still ahead of the standard session. Regular hours are 10 a.m. to 4 p.m. Sydney time on business days. June 30 isn’t on ASX’s 2026 list of named holidays.
National Grid stock climbs, £70bn grid plan exceeds market cap
National Grid plc added ground Monday, outpacing the broader London market. Investors continued to pile in, backing a regulated asset-growth pitch with a footprint that now outstrips the company's equity value. The stock was last seen at 1,255p, up 0.76%, at 15:02:06 BST. It traded between 1,239.5p and 1,257p so far today. The FTSE 100 slipped 0.06% on the same feed. Reuters said UK shares lost ground earlier after Middle East tensions weighed on sentiment.
Diageo (LON:DGE) shares edge up with traders watching cost-cut talk ahead of August update
Diageo plc climbed in London Monday, outperforming the FTSE 100 as traders looked to cost cuts and broker upgrades, setting aside lagging U.S. spirits sales. The London Stock Exchange was open as usual, with trading from 0800 to 1630 local time. Davy quoted Diageo at 1,596.00p, up 19.50p, or 1.24%, at 1401 BST with a 20-minute lag. Shares opened at 1,571.00p, hit a low of 1,556.10p, and pushed to 1,598.50p. That set a 2.7% range for the day against Friday’s close.
Lloyds (LON:LLOY) buyback questioned as mortgages drop, stock eyes 109p
Lloyds Banking Group plc shares saw a slight gain in late-morning trade in London on Monday. The move came as new data showed UK mortgage approvals dropped about 15% in May, raising questions for Lloyds, given its heavy reliance on home loans. Lloyds traded up on delayed UK quotes, with two other local bank stocks down.
Tesco trades higher as repurchase hits 59% of target, grocery share cools
Tesco PLC traded higher in London on Monday. A new buyback update showed Tesco has now executed around 59% of its planned £750 million repurchase, providing some direct per-share support as UK grocery volume figures remain mixed. London Stock Exchange was open for business, with the regular session running from 8:00 a.m. to 4:30 p.m. BST. TradingHours.com confirmed the exchange was open Monday. As of 10:55 BST, the FTSE 100 was down 0.27% at 10,479.49. Tesco traded at 463.70p, up 3.80p, or 0.83%, according to delayed London South East data.
easyJet (LON:EZJ) stock trails Castlelake offer on deal terms snag
easyJet plc shares remain priced with a takeover discount, after the airline gave Castlelake access to only limited commercial information. The delayed quote showed the stock at 580.2p to sell, 580.6p to buy, off 0.51% for the day. Shares opened at 587p and closed previously at 583p. The discount figure is what investors are watching. Castlelake put forward a fourth offer at 650p a share in cash. easyJet turned it down, calling it too low, but said more access to data could bring a “more attractive proposal”.
IAG shares dip on Heathrow cost dispute, offsetting oil price drop and dividend
International Consolidated Airlines Group SA shares dropped Monday. But for investors, fuel wasn’t the only concern. The British Airways parent is trading close to its old highs, as a new dispute about who pays for Heathrow’s expansion brings attention to a costly item the company can’t hedge. IAG was last at 473.25 pence, off 9.45 pence, as of 0946 BST. Volume was 2.24 million shares. The stock is trading 3.99% under its 52-week high of 492.90 pence from June 25, but it's still up 39.5% for the year, per delayed market data.
Tesco trades higher as repurchase hits 59% of target, grocery share cools
Tesco PLC traded higher in London on Monday. A new buyback update showed Tesco has now executed around 59% of its planned £750 million repurchase, providing some direct per-share support as UK grocery volume figures remain mixed. London Stock Exchange was open for business, with the regular session running from 8:00 a.m. to 4:30 p.m. BST. TradingHours.com confirmed the exchange was open Monday. As of 10:55 BST, the FTSE 100 was down 0.27% at 10,479.49. Tesco traded at 463.70p, up 3.80p, or 0.83%, according to delayed London South East data.
easyJet (LON:EZJ) stock trails Castlelake offer on deal terms snag
easyJet plc shares remain priced with a takeover discount, after the airline gave Castlelake access to only limited commercial information. The delayed quote showed the stock at 580.2p to sell, 580.6p to buy, off 0.51% for the day. Shares opened at 587p and closed previously at 583p. The discount figure is what investors are watching. Castlelake put forward a fourth offer at 650p a share in cash. easyJet turned it down, calling it too low, but said more access to data could bring a “more attractive proposal”.
IAG shares dip on Heathrow cost dispute, offsetting oil price drop and dividend
International Consolidated Airlines Group SA shares dropped Monday. But for investors, fuel wasn’t the only concern. The British Airways parent is trading close to its old highs, as a new dispute about who pays for Heathrow’s expansion brings attention to a costly item the company can’t hedge. IAG was last at 473.25 pence, off 9.45 pence, as of 0946 BST. Volume was 2.24 million shares. The stock is trading 3.99% under its 52-week high of 492.90 pence from June 25, but it's still up 39.5% for the year, per delayed market data.
Glencore lags other miners as copper tightness doesn’t boost shares
Glencore plc ticked higher early in London on Monday, adding 0.79% to 518.75 pence in a Cboe Europe print at 09:10:56 BST. The move gave little relief to a shaky short-term trend for the big FTSE 100 commodities group. The FTSE 100 slipped 0.08% in delayed trading. What’s strange is Glencore shares dropped even though copper supply is still tight. LME cash copper finished at $13,287 a tonne on June 26, up 0.7% from a day ago. LME copper inventories slid to 336,475 tonnes from 349,225 tonnes on June 22, down 12,750 tonnes.
BP stock trails Shell after Brent rally leaves discount on debt
BP PLC ticked up on Monday. But gains lagged Shell as traders continued to give BP a weaker read, keeping a discount in place over its higher debt load, despite oil pushing higher after new U.S.-Iran strikes. BP was at 470.60 pence, gaining 1.20p, or 0.26%, as of 08:55 BST after London opened. Shell added 13p to 2,911p, up 0.45% at the same time. BP volume stood at about 2.02 million shares, only 4% of the 65-day average. Shell saw 272,110 shares change hands, roughly 3% of its 65-day average.
Rolls-Royce (LON:RR) stock steady as China A330neo deal eyes cash flow
Rolls-Royce Holdings plc ticked higher in early London trading on Monday, but the gain was modest for a stock often seen as a top test of aero-engine cash generation in Europe. By 09:04 BST, shares changed hands at 1,414.60p, up 0.60% during London’s main session, as the FTSE 100 slipped around 0.11%. China Eastern’s latest order landed with 25 A330neo widebodies on the table at a sticker price of around $9.35 billion. The jets run on Rolls-Royce Trent 7000 engines—so with two engines for each plane, that’s 50 installed. The filing seen by Reuters didn't break out a separate price for the engines or say anything about service contracts.
Reckitt Benckiser (LON:RKT) still trades 21% below target ahead of July earnings
Reckitt Benckiser Group plc heads into July’s results run lacking chart momentum, while forecasts continue to price in a rebound for the back half. Shares quoted at 5,086p to sell and 5,088p to buy after the London close, down 24p, or 0.47%. The move lagged the FTSE 100, off 0.26%. Volume came in at 1.38 million, lighter than what’s seen on major results days, but the stock stayed in focus ahead of the next update.
Intertek stock trades below EQT cash offer as deal spread and forecasts frame upside
Intertek Group plc traded like a merger-arbitrage stock on Monday, not a fresh earnings story. The shares were quoted at 5,810p to sell and 5,815p to buy after the London close, down 10p, or 0.17%, with volume of 1.15 million shares. The FTSE 100 slipped 0.1% to 10,663.68. The live question is the gap to EQT AB’s cash. Under the recommended offer, Intertek shareholders receive £60.00 in cash and keep the FY25 final dividend of 107.7p a share. That dividend went ex on May 28 and was payable on June 24, so a buyer now is mainly looking at the spread to the £60 cash leg, not the old £61.077 headline value.
Experian (LON:EXPN) climbs as traders eye buyback setup for July
Experian PLC edged up 9p, or 0.34%, to 2,653p on Monday. The move came as the FTSE 100 slipped 27.26 points, or 0.26%, according to Hargreaves Lansdown’s delayed London close data. AJ Bell data showed Experian traded as high as 2,723p with volume at 2.66 million shares. Market value came in at 23.57 billion pounds. The shares traded at 2,653p, about 20% higher than the year low of 2,203p, but around 35% off the 4,101p high. That's a wide range for a company still guiding for double-digit benchmark EPS growth.
National Grid dips in London trade after £70bn grid plan revealed
National Grid plc dropped more than the FTSE 100 on Monday, trading at 1,231p at 16:35 BST, off 1.05%. The FTSE 100 finished down 0.26%, Hargreaves Lansdown data show, after the session ended. The bigger issue for investors isn't Thursday's drop. National Grid has a £70 billion capital plan for the next five years, which is about 114% of the company’s £61.25 billion market cap, based on Hargreaves Lansdown data. That level keeps the stock exposed to funding and execution risk, even after management raised its earnings outlook.
Triad Group Plc (LON:TRD) shares jump as thin float turns small turnover into valuation test
Triad Group Plc ended Monday with a 350p/360p sell/buy quote after touching a new 52-week high, a sharp move in a stock where the day’s volume was worth only about £69,000 at the quoted midpoint. Hargreaves Lansdown recorded volume of 19,541 shares; Triad has 17,438,579 shares in issue after a 9,191-share option exercise announced last week. The rise added about £4.36 million to market value, using the 25p marked gain and the new share count. That matters because a small amount of dealing can reset the screen price. Investors Chronicle quoted average volume of 23,600 shares and a 2.24 million-share free float.
Filtronic stock jumps 9% as satellite supplier trades near 50 times FY2026 EBITDA
Filtronic plc rose about 9% on Monday, a sharp move for a stock with no new company statement in the public regulatory feeds checked. AJ Bell showed the shares at 255p to sell and 265p to buy, up 21.25p, or 8.93%, with about 1.09 million shares traded and a market value of £570.09 million. Hargreaves Lansdown showed a similar gain of 22p, or 9.24%. The more useful read is valuation. Using AJ Bell’s market value and Filtronic’s June 23 net cash figure of £11.3 million, the stock’s enterprise value was about £559 million. Against the company’s own FY2026 floor of £55.5 million revenue and £11.1 million adjusted EBITDA, that puts the shares near 10 times sales and 50 times adjusted
Gem Diamonds spread stands out as volume lags on Monday
Gem Diamonds Limited changed hands quietly Monday, with retail quotes at 3.45p to sell and 3.90p to buy. Volume showed 29,846 shares. The spread was 0.45p, about 12% on the midpoint. That’s roughly £1,100 of stock at the mid, with the trade size and wide spread telling more than the nominal price move. The London Stock Exchange was in its standard session at the dateline, trading from 0800 to 1630 BST. There wasn’t a new regulatory filing from Gem Diamonds on Monday. The company’s RNS on July 1 showed only a regular voting rights update, following a June 3 chair appointment and AGM outcome.
Rio Tinto trades lower in London with iron ore weighing on copper gains
RIO Tinto shares are down in London, as iron ore prices cap copper upside for the miner. Rio Tinto plc dropped in late London trade Monday, trailing the FTSE 100. The copper story hit a wall as iron ore weighed. Shares last at 7,014p, off 0.79%, with a bid-ask at 7,013p/7,015p. Market cap sat just under 114 billion pounds. London Stock Exchange trading ran 0800-1630 BST July 6.
Frontier IP rises as Parkinson’s funding returns focus to valuation gap
Frontier IP Group Plc climbed Monday after a small health-tech grant brought fresh focus to the gap between the firm's market cap and its book value. Hargreaves Lansdown gave a delayed quote of 15.5p to sell and 16.5p to buy, 2p higher, with the stock opening at 14p. The London Stock Exchange ran its usual 0800 to 1630 BST session. The stock outpaced the junior market. The FTSE AIM All-Share added 0.17% to 777.38 at 15:27 BST, Fidelity data showed.
3i Group share price stays below NAV as buyback takes 38% of plan
3i Group plc edged higher in late London trade on Monday, but the larger price signal was still the discount. At 2,617p at 16:05 BST, the shares were 13.6% below the 3,030p diluted NAV per share reported for March 31 and about 42% under their 52-week high of 4,497p. The FTSE 100 was lower on the day as miners weighed on London shares, with Reuters reporting the blue-chip index down 0.1% by 1037 GMT.
SSE shares slip after £33bn grid plan puts spotlight on valuation
SSE PLC dropped 1.83% to 2,461p at 15:01 BST on Monday, underperforming the FTSE 100, which slipped 0.27% based on delayed numbers at 14:27 BST. According to the London Stock Exchange, July 6 is a standard trading day, running from 0800 to 1630 BST. SSE finished Thursday at £24.60, then climbed to £25.07 on Friday. By Monday afternoon, the stock had slipped to £24.61, wiping out nearly all the gain from Friday and putting shares right back near Thursday’s close.
Anglo American shares face thin support ahead of July copper event
Anglo American plc slipped late in London on Monday. But the bigger takeaway wasn’t the drop—it was that after a sharp re-rating, there’s little space left above consensus for the stock. At 3,765p, Anglo traded 84% higher than its 52-week low at 2,042p, about 11% below its recent 4,239p high. Volume hit 1.09 million on Monday, well off the average 4.25 million, according to Google Finance. The shares are moving like a copper play, but liquidity hasn’t kept up with price.
British American Tobacco shares test buyback floor as stock slips below latest repurchase price
British American Tobacco p.l.c. traded below the average price it paid for its own shares last week, a small gap that gives investors a cleaner read on how much support the buyback is giving the stock after a cost-cutting plan hit about 9,000 roles. The shares were at 4,602p at 15:00 BST, down 0.41%, after opening at 4,645p and falling as low as 4,592p. The FTSE 100 was down about 0.31%. London Stock Exchange regular trading runs from 08:00 to 16:30 local time.
BP (LON:BP) trades around 470p, Bay du Nord exit eases long-term capex
BP shares stayed near 470p on Monday after the company said it will sell its Bay du Nord project. The move means BP will have lower capex commitments in the years ahead. BP PLC ticked up in London on Monday after the company said it would exit the Bay du Nord oil project in Canada. The deal eases BP’s future capital spending, but shares barely reacted.
Ajax Resources jumps after Reveille stake brings market-cap question
Ajax Resources PLC traded higher Monday after a pair of RNS releases that brought investors back to the company's numbers: final audited results for the year and a new uranium-related investment. The AQSE market was open at the time; its usual UK hours are 0800 to 1630 on business days, with July 6 not listed as a 2026 holiday. Ajax was quoted on Aquis on a 5.125p mid, with the bid at 4.75p and the ask at 5.50p. Market cap stood at £6.16 million. Volume showed 338,177 shares traded over nine deals. The latest trade was 125,000 shares at 5.18p at 13:56 BST.
Symphony Environmental shares: AIM microcap turnover shadows Monday loan question
Symphony Environmental Technologies plc jumped early Monday, though hardly any trades went through. Google Finance marked the AIM-listed plastics tech name at 9.00p at 08:36 BST, up 0.75p or 9.09%, but just 11 shares had traded. AJ Bell showed the same quote of 7.50p to 9.00p and matched that 11-share volume. That’s a 99-pence reported trade, but the value traded was at 9p. With 236.36 million shares out, a 0.75p bump from the 8.25p previous close pushes up the quoted equity by around £1.8 million. So the headline trade isn’t as important as the wide spread and loan overhang here. Symphony’s own AIM Rule 26 page shows 236,363,995 shares issued, none in treasury.
East Star Resources (LON:EST) shares move up 11% on thin trading after Verkhuba copper update
East Star Resources PLC gained 10.98% to 4.55 pence in Monday trading, touching a new one-year high. The Kazakhstan copper and gold explorer saw the move on delayed retail market data. The FTSE All-Share shed 0.22% according to Fidelity’s market feed. The key figure here isn’t just the uptick, but the size of it. lse.co.uk listed a 0.30p spread, which is 6.818% of the bid price and makes up close to two-thirds of Monday’s 0.45p rise. Volume came in at 4,933,949 shares—value about £224,000 on the 4.55p quote. But the move bumped up the company’s market cap by roughly £2.5 million.
LSEG shares up as £16bn consensus gap draws attention to AI revenue test
London Stock Exchange Group plc moved higher on Monday in London, but the day’s uptick was not the main story for investors. Shares were at 8,776p, still well off the 12,131p target from LSEG’s analyst consensus. The stock had bounced from lows earlier this year. LSE’s main market was open, with regular hours on July 6 from 08:00 to 16:30 BST. The difference is 38.2%. Using Google Finance’s £42.34 billion market cap, that would mean around £16.2 billion in equity value if the shares go to the consensus target. The LSEG consensus list from May 8 shows 16 buy calls, zero holds, and zero sells. But the site notes its numbers come from 15 outside analyst models.
GSK up after HSBC upgrade, £5 bln sales gap still seen
GSK plc traded higher in London on Monday after HSBC Holdings plc boosted its rating. The bank’s upgrade gave the shares a lift, but analysts’ sales estimates are still well short of the company’s 2031 goal. GSK traded at 2,025p, up 10p or 0.5% from the last close, according to MarketWatch at 13:47 BST. Shares are still down about 11% from the 52-week high of 2,282p hit in February, but have gained 45.1% in a year.
CRISM Therapeutics (LON:CRTX) shares edge up while 10p funding line faces investor scrutiny
London stocks traded on their regular 0800-1630 BST schedule Monday. CRISM Therapeutics Corporation climbed to 11.50p as of 12:43 BST, moving back above the 10p mark it used for its recent equity issue and director options. Google Finance put its market cap at £9.11 million on volume of 259,330 shares, in line with average daily trades of 267,760. The AIM market didn't move as much. The FTSE AIM All-Share Index edged up 0.15% to 777.26 by 14:02 BST, while FTSE 100 and FTSE 250 were both down in the wider London session.