Proactive Investors News

Small cap movers: boohoo still 'King of AIM' after rollercoaster week

boohoo Group PLC (LON:BOO) still held onto the ‘King of AIM’ crown after a rollercoaster week. Shares in the fast-fashion retailer have recuperated a little after a three-day descent that wiped off over 40% of the group's value. The stock is now 21% lower than a week ago at 308p, making the clothier worth £3.8bn, but it is still the most valuable business on AIM. The online giant came under fire following weekend allegations of modern slavery practices at one of its suppliers’ in Leicester. >>>

Proactive weekly mining highlights: Pan African Resources, Eurasia Mining, Chesterfield Resources...

Pan African Resources plc (LON:PAF) told investors that its gold production increased by 4.1% in the year ended June 30, 2020. Production guidance for the current year is 190,000oz. Eurasia Mining PLC (LON:EUA) shares soared as the Russia-focused miner returned to AIM following the clarification of its relationship with Chinese group CITIC Merchant Co. The company confirmed that it has entered a success fee-based engagement letter with CITIC to explore possible strategic options for its mining assets. >>>

Proactive Weekly Oil & Gas highlights: i3 Energy, RockRose, Solo Oil, 88 Energy, UK Oil & Gas, Mosman, COPL

i3 Energy Plc (LON:I3E) and RockRose Energy Plc (LON:RRE) in the frame, separately, as deal-making took the week's headlines. i3 early in the week signed a binding agreement to acquire private Canadian oil and gas company Gain Energy through a reverse takeover for US$58.8mln. The company had flagged the deal two weeks ago, but not named the target. Gain operates in the Western Canadian Sedimentary Basin, the same area of operation as Toscana, another Canadian company I3 agreed to buy two weeks ago. >>>

FTSE 100 up on day but lower over week as markets cheer potential coronavirus treatment

FTSE 100 closes over 45 points higher Gilead Sciences stock up Carnival buoyed by trading update 5.05pm: FTSE 100 closes ahead FTSE 100 index closed higher on Friday, bouncing back from Thursday's losses, as sentiment was boosted by hopes of a coronavirus (COVID-19) treatment. Britain's blue-chip benchmark finished the day up over 45 points, or 0.76%, at 6,095. Over the week as a whole, the index finished around 1% lower. The treatment in question is a drug, which is not a new name. A new study has found that anti-viral treatment Remdesivir can reduce the fatality rate in coronavirus patients by 62%. >>>

Motley Fool UK

Stock market crash round 2 is not guaranteed. I’d buy cheap UK shares in an ISA today

A second market crash may or may not occur, which could mean buying cheap UK shares in an ISA today is a logical move.

The post Stock market crash round 2 is not guaranteed. I’d buy cheap UK shares in an ISA today appeared first on The Motley Fool UK.

I think these small-cap stocks are the best buy-and-hold UK shares in a post-pandemic world

These stocks have seen their share prices plunge in the market crash. But I think they could be among the best UK shares buy and hold for the long term.

The post I think these small-cap stocks are the best buy-and-hold UK shares in a post-pandemic world appeared first on The Motley Fool UK.

2 cheap UK stocks I’d buy in July

Miss the recent FTSE 100 rebound? Don't despair. There are still plenty of cheap UK stocks available at the moment, says Edward Sheldon, CFA.

The post 2 cheap UK stocks I’d buy in July appeared first on The Motley Fool UK.