Market Pulse
US close: Stocks slip on first day of second quarter
Wall Street closed in the red on the first trading day of the second quarter on Tuesday, as some robust economic data sparked speculation about potential delays in anticipated Federal Reserve rate cuts.
London close: Stocks turn red on return from Easter break
UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.
MTI Wireless Edge secures $1.2m antenna order
Communications and radiofrequency technology specialist MTI Wireless Edge announced on Tuesday that its antenna division had secured a significant repeat order for the production of military antennas.
Agronomics investee Onego Bio raises EUR 27m
Cellular agriculture investor Agronomics announced on Tuesday that its portfolio company Onego Bio has secured €27m in its series A financing round.
Naked Wines confirms start-of-year management changes
Naked Wines confirmed the appointment of Rodrigo Maza as group chief executive officer on Tuesday, as it entered its 2025 financial year.
Mission Group confident despite fall in operating profit
Digital marketing and communications specialist, the Mission Group reported revenue of £86. 3m in its final results for 2023 on Tuesday, reflecting an increase of £6. 7m.
Cordel reports solid operational progress
Transport technology specialist Cordel Group said in an update on Tuesday that the $6. 7m contract with Amtrak was progressing favourably.
Renew Holdings trades as expected in first half
Engineering services provider Renew Holdings said in an update on Tuesday that its first half trading performance matched management's projections, with robust demand across all its primary markets.
Hutchmed endometrial cancer treatment gets priority review in China
Hutchmed China announced the acceptance and granting of priority review by the China National Medical Products Administration (NMPA) for a new drug application combining fruquintinib and sintilimab for the treatment of advanced endometrial cancer on Tuesday.
Software Circle agrees sale of Printing.com domain
Software Circle announced the sale of the domain name Printing. com to JAL Equity, a prominent owner and operator of marketing, printing, signage, and promotion businesses in the US, for $2. 27m (£1. 8m) on Tuesday.
United Oil upbeat on extension of Waddock Cross licence
United Oil & Gas updated the market on the Waddock Cross oil field on Tuesday, in which it holds a 26. 25% working interest, announcing the extension of the PL090 licence, the home of the Waddock Cross field, for an additional five years.
Asia report: Hong Kong leads gains on mixed day for region
Asia-Pacific stock markets experienced varied results on Tuesday, with Hong Kong's stocks outperforming amidst a day of general uncertainty.
Sunrise Resources agrees sale of 29 Nevada mining claims
Sunrise Resources announced an agreement for the sale of 29 mining claims dedicated to diatomite in the Crow Springs area of Nevada on Tuesday, to Dicalite Management Group.
DSW Capital appoints Pete Fendall as COO, interim CFO
DSW Capital announced the appointment of Peter ‘Pete’ Fendall to its board on Tuesday, as its chief operating officer.
Bank of Georgia gets green light for Ameriabank acquisition
Bank of Georgia announced a milestone in its expansion plans involving the acquisition of Ameriabank on Tuesday.