LONDON MARKET CLOSE: Stocks surge and oil tumbles on US-Iran ceasefire
8th Apr 2026 17:07
(Alliance News) - Stocks in London soared on Wednesday, as oil prices fell back sharply after the US and Iran struck a two-week ceasefire. Read More
(Alliance News) - Stocks in London soared on Wednesday, as oil prices fell back sharply after the US and Iran struck a two-week ceasefire. Read More
Tullow Oil PLC - London-based oil and gas company - Receives requisite consents in consent solicitation related to the USD1.29 billion 10.25% senior secured notes due 2026. Also, Brent oil trades at USD95.20 a barrel on Wednesday afternoon, down from USD110.24 at around the same time on Tuesday. Read More
Wickes Group PLC - Watford, England-based home improvement retailer - Announces on Tuesday that it has commenced a third share buyback programme worth up to GBP10.0 million, which will end on or before December 31. Says the buyback's sole purpose is to reduce its share capital, and it intends to cancel all repurchased shares. Wickes has engaged Investec Bank PLC to conduct the programme on its behalf. The company can repurchase up to 16.5 million shares, in accordance with the authority granted at its annual general meeting. Read More
Jubilee Metals Group PLC - London-based metal processing company - Says its shareholders have approved its proposed capital reduction plan at a general meeting on Wednesday. It has said that the reduction of the share premium account, or capital reduction, aims to restructure its balance sheet so as to increase the distributable reserves available to support its ability to make future payments of dividends to its shareholders and undertake potential share buybacks. Notes that a resolution to grant the directors authority to allot shares was withdrawn. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Sunda Energy PLC on Wednesday proposed to raise funds and reorganise its shares, in support of a new acquisition. Read More
(Alliance News) - Keir Starmer has arrived in Saudi Arabia as he visits Gulf allies to push for a long-term resolution to the Iran conflict. Read More
Solvonis Therapeutics PLC - London-based biopharmaceutical company, focused on central nervous system disorders - Celebrates second US patent by United States Patent & Trademark Office, covering a further monoamine modulator compound series arising from its proprietary post-traumatic stress disorder discovery programme. The patent, U.S. Patent No. 12,595,269, was issued on Tuesday. On March 31, the company had announced the first such patent, U.S. Patent No. 12,590,077. Read More
Coiled Therapeutics PLC - London-based clinical stage oncology company - Giving a clinical trial update, company announces that regarding advanced solid tumour cancers, its brain-penetrant inhibitor AO-252 delivered an 80% clinical benefit rate when transitioned to a twice-daily dosing regimen, compared to 40% observed in the once-daily cohort. The firm says 80% of evaluable patients in the twice-daily cohort achieved tumour stabilisation or regression, with treatment durations exceeding six months. "This substantially outperforms the two to three month benchmark typically seen with salvage therapy in this heavily pre-treated population," Coiled adds. Read More
(Alliance News) - Advent International LP on Wednesday said it does not intend to make a bid for Senior PLC, clearing the way for an agreed deal with the Tinicum Inc and Blackstone Inc consortium. Read More
(Alliance News) - Capricorn Energy PLC on Wednesday extended the deadline to receive a firm offer from Alamadiyaf al-Masiyyah for Trading LLC to May, after saying that it has received multiple unsolicited takeover proposals. Read More
Next PLC - Leicester, England-based clothing, footwear and home products retailer - Rebecca Papp, a person closely associated with Group Merchandise and Operations Director Richard Papp, sells 4,033 shares at GBP129.25 each for a total of GBP521,265. Read More
(Alliance News) - The JP Jenkins-15, an index of the largest companies listed on the UK share dealing platform, rose marginally in its latest early-April calculation. Read More
(Alliance News) - The UK's average price of diesel has surpassed 190 pence a litre, having surged by more than a third since the start of the Iran war, new figures show. Read More