reach4entertainment Enterprises (R4E)
FTSE 100 dips amid sterling gains on dollar
The FTSE 100 finished Friday marginally lower after being suppressed by sterling strength against the US dollar for most of the session.
This was after PM Theresa May last night met with European leaders regarding the matter of EU nationals living in the UK after Brexit.
The FTSE 100 closed Friday down 15.16 points, or 0.2%, to 7424.13, and the FTSE 250 closed up 26.67, or 0.14%, to 19,685.1. Gold, silver and copper prices were advancing, as were those for both grades of crude oil.
Wall St was trading higher, while Europe was down.
Smurfit Kappa (SKG) led the FTSE 100 down with a 2.48% slide to 2359p, and was followed by Shire (SHP), down 2.32% to 4518.5p, and several other pharmaceutical stocks.
General miners were sprinkled among the fallers, with Glencore (GLEN) down 0.84% to 279.48p and BHP Billiton (BLT) easing 0.35% to 1143.5p.
To the upside, gold-sensitive miners were led up by Fresnillo (FRES), up 2.88% to 1605p. Utilities, supermarkets and commercial property also made gains.
UK Oil & Gas Investments (UKOG) rose 72.34% to 2.02p as it reported mobile light oil was seen seeping from open natural fractures in Kimmeridge Limestone 4 ("KL4") core samples at its 100%-owned Broadford Bridge-1 ("BB-1") exploration well.
Reach4entertainment (R4E) was up 38.3% to 1.62p. The company said executive chair David Stoller intended to retire from Sept. 30. The company intended to separate the roles of chair and CEO after Stoller's departure.
blur (BLUR), down 60.29% to 3.38p, has warned shareholders the value of their holdings could be severely reduced or become nil unless it secures alternative near-term financing within the next few weeks.
Euro zone's flash manufacturing PMI for June came in at 57.3, which was up on the 56.8 expected. Its flash services PMI was 54.7, against views for 56.1. The flash manufacturing PMI for German and France beat forecasts, but their services PMI were both below market views.
Ncondezi Energy Ltd (NCCL), up 30.43% to 3.75p and then off earlier highs, has raised an additional $582,000 from existing lenders and senior management to be used to fund the new partner search and to provide working capital for the group.
Xtract Resources (XTR) was up a phenomenal 16,945.45% to 1.88p. This followed yesterday's AGM which approved the company's capital reorganisation, which comprised a share consolidation and subdivision.
European Wealth (EWG), down 11.29% to 27.5p, said its assets under management rose 25% to £1.5bn in the year to the end of December. It also said it had entered into a subscription and underwriting agreement with Astoria and Kingswood to raise £9.2m.
Red Rock Resources (RRR), down 10.26% to 0.88p, has entered into financing agreements under which it will fund Steelmin Ltd to complete the refurbishment and recommissioning of a ferrosilicon smelter in Jajce, Bosnia, and acquire an interest in that company.
Randall & Quilter Investment Holdings (RQIH), up 7.78% to 145.5p, has reached agreement to sell the entire share capital of its Lloyd's managing agency, R&Q Managing Agency Ltd (RQMA), to Coverys. It would received a cash payment of $22.6m.
Falcon Media House (FAL), up 2.61% to 14.75p, has signed a memorandum of understanding with Tata Communications (UK) to collaborate on an over-the-top service aimed at brands and content rights' holders.
Flowtech Fluidpower (FLO), up 2.85% to 139.88p, has strengthened its power motion control division via the acquisition of Hi-Power Ltd and the business and certain assets of Hi-Power Hydraulics.
Zenith Energy (ZEN), down 1.52% to 8.38p, said Italian coiled tubing company Smape Srl is to perform several well interventions in the Muradkhanli, Jafarli and Zardab fields, the first of which will be well M-195.
SRT Marine Systems (SRT), up 1.04% to 48.5p, has received a contract from the United Nations Food and Agriculture Organisation to supply a package of specialist AIS Class B transceivers and communication devices, satellite AIS data and a vessel tracking display system in Somalia.