Vietnam Holding reports 8% rise in NAV as digital and urban trends gather pace

Vietnam Holding reports 8% rise in NAV as digital and urban trends gather pace

Vietnam Holding Limited’s (LON:VNH) net asset value rose by 8.3% in April helped by the performance of portfolio heavyweight VP Bank. The bank closed a deal to sell 49% of its subsidiary FE Credit to SMBC, which will benefit it in the long run and strengthen its financial capability for …

FTSE 100 stuck in a rut; Bitcoin rallies after Elon Musk’s latest tweet

FTSE 100 stuck in a rut; Bitcoin rallies after Elon Musk’s latest tweet

FTSE 100 slides 47 points Footsie falls below 7,000 level US indices set to join retreat US markets are expected to take a step back when trading starts this afternoon. Spread betting quotes point to the Dow Jones tumbling 120 points to 34,262m the S&P 500 shedding 14 points at 4,160 and …

Cerillion Technologies rises as orders flood in

Cerillion Technologies rises as orders flood in

Bould Opportunities PLC (LON:CIZ) is not doing well in its early days as a listed stock, with the cash shell’s shares down 23% at 7.25p. The company, once known as Photonstar LED and soon to be renamed Cizzle Biotechnology, returned to the market last Friday after placing shares at10p a throw. …

SSE best-placed utility for any inflation resurgence, says Citigroup

SSE best-placed utility for any inflation resurgence, says Citigroup

SSE PLC (LON;SSE) is the best-placed of the UK utilities to deal with a bout of inflation according to analysts at  Citigroup. Power generator SSE has the least inflation-linked debt and should therefore see more of the inflation benefit from revenues dropping through to the bottom line, said the US bank. …

Today’s Market View – W Resources, Rainbow Rare Earths, Kodal Minerals and more…

Today’s Market View – W Resources, Rainbow Rare Earths, Kodal Minerals and more…

SP Angel . Morning View . Monday 17 05 21 Gold climbs on lower US interest rates as iron ore pulls back   Beowulf Mining* (LON:BEM) – FY 2020 results highlight progress in Kosovo and Sweden Bluejay Mining* (LON:JAY) – BUY – Valuation 37.7p – Ilmenite prices continue to rise in …

VSA Capital Market Movers – Invinity Energy Systems

VSA Capital Market Movers – Invinity Energy Systems

VSA Morning Transitional Energy Comment, 17/05/21 Invinity Energy Systems (LON:IES) Invinity Energy Systems plc (LON:IES), a UK based Vanadium Flow Battery (VFB) technology company, has today announced that it has entered into a contract with Webcor, a leading Californian construction firm, to provide a VFB for a project developed by …

Sativa Wellness works toward becoming one of the best-known wellness brands

Sativa Wellness works toward becoming one of the best-known wellness brands

What Sativa does Sativa Wellness Group PLC (AQSE:SWEL CSE:SWEL) styles itself as Britain’s number-one listed medical cannabis and cannabidiol (CBD) wellness company.   Now, through its merger with Canada-listed Stillcanna it is aiming to cement its position in Europe as well. Sativa has capitalised on its first-mover advantage and following the legalisation …

Hyve better positioned for pandemic recovery than peers, says broker

Hyve better positioned for pandemic recovery than peers, says broker

Hyve Group PLC (LON:HYVE) is “better positioned for recovery than its peers” in the post-pandemic environment, according to analysts at Liberum. In a note on Monday, the broker upgraded the exhibition and conference organiser to ‘buy’ from ‘hold’ and upped their target price to 140p from 120p, saying that they …

Pharma companies to produce 11.4bn COVID-19 vaccine doses by year-end, says Goldman Sachs

Pharma companies to produce 11.4bn COVID-19 vaccine doses by year-end, says Goldman Sachs

Pharma companies worldwide are estimated to produce 11.4bn COVID-19 vaccine doses by year-end, according to Goldman Sachs. The forecast means that three-quarters of the population will get two doses as required, although analysts reckon the global year-end vaccination rate is likely to be lower than that. READ: Moderna, Pfizer drop …

Pelatro targets expanding data monetisation market; company continues to trade in line with forecast

Pelatro targets expanding data monetisation market; company continues to trade in line with forecast

What it does Pelatro PLC (LON:PTRO) is a customer engagement software house which processes information designed to turn phone users into repeat customers of telecoms firms and mobile networks. Integral to those efforts is the mViva suite of products that provide contextual marketing, loyalty, data monetisation and unified communications solutions …