Marcin Frąckiewicz

Marcin Frąckiewicz is the CEO of TS2 Space and a longtime technology entrepreneur focused on telecommunications, satellite communications and digital innovation. A graduate of the Warsaw School of Economics (SGH), he writes about space technology, artificial intelligence and publicly traded technology companies. His analysis covers major market trends, emerging technologies and the businesses shaping the future of the global economy.

Zegona snaps back, but debt pressure stays in focus after shares fell this week
·

Zegona snaps back, but debt pressure stays in focus after shares fell this week

Zegona Communications plc finished the week higher, but the stock remains stuck between a quick price move and a more straightforward debt position. The shares traded at 1,567.95p in London as of 5:00 p.m. on July 3, up 17.95p for the session. Google Finance showed volume at 1.01 million shares and a market cap of around £3.53 billion. Zegona shares came under pressure earlier this week. A London Stock Exchange tear sheet for July 2 showed the stock down 8.61% over the past week and off 14.36% in four weeks. Still, the stock was up 115.88% over the past year and 11.11% so far this year.
July 4, 2026
Tanfield Group shares hold deep AIM discount as Snorkel claim continues
·

Tanfield Group shares hold deep AIM discount as Snorkel claim continues

Tanfield Group Plc moved up 5.1% to 5.05 pence on Friday. That gives the AIM-traded investment group a market cap of roughly £8.23 million, using its 162.91 million shares on the market. Hargreaves Lansdown listed the share at a 4.84p sell and a 5.25p buy at the close. Investors are focused on the wide gap. Tanfield’s market cap is under half of the £19.1 million carrying value it assigns to its 49% stake in Snorkel International Holdings LLC, and sits at about 40% of the £20.6 million equity it posted for 2025. That’s before factoring in any upside from the disputed option price in the Snorkel dispute.
July 4, 2026
Tate & Lyle spread stays wide as Ingredion deal drags on
··

Tate & Lyle spread stays wide as Ingredion deal drags on

Tate & Lyle PLC is trading more like a bond than a typical food ingredient play right now. Hargreaves Lansdown priced the stock at 556.50p/557.00p at the London close, up 3.00p. Sharecast had the FTSE 250 closing 0.52% higher, with the UK food producers and processors index up 0.49%. This isn’t because of the day’s price action. Tate & Lyle and Ingredion Incorporated said Friday the scheme document is now with shareholders. Court and general meetings are scheduled for July 28. Completion could land in the back half of 2027 if shareholders, regulators and the court sign off.
July 3, 2026
IHG stock slips as buyback absorbs 9% of recent London volume
·

IHG stock slips as buyback absorbs 9% of recent London volume

InterContinental Hotels Group PLC fell 1.06% to $167.55 in London on Friday, leaving the stock down 2.33% over five sessions but still up 19.01% this year. Its ordinary shares have traded in U.S. dollars on the London Stock Exchange since Jan. 2, after IHG switched the quote currency from sterling. The stock lagged the wider London tape. The FTSE 100 closed up 0.2% at 10,679.03, helped by financials and precious metals miners, Reuters reported.
July 3, 2026
B90 Holdings gains 6% as light volume widens spreads
·

B90 Holdings gains 6% as light volume widens spreads

B90 Holdings plc moved higher Friday, but underlying trading told the story. Hargreaves Lansdown quotes the AIM stock at 2.65p, up 0.15p, posting a 2.40p sell and 2.90p buy on the tape once the London session closed. The 0.50p spread worked out to 20.8% of the bid and 18.9% of the quoted mid. That’s over three times the 0.15p headline gain. Buyers who took the offer paid 16% higher than the last close, while sellers at the bid got 4% less than the previous close.
July 3, 2026
Compass Group (LON:CPG) shares drop as currency move clouds screens ahead of July update
·

Compass Group (LON:CPG) shares drop as currency move clouds screens ahead of July update

London markets traded Friday. The London Stock Exchange ran its usual hours from 8:00 a.m. to 4:30 p.m. BST. Reuters reported a gain for the FTSE 100 at the close. Compass Group PLC ended the session quoted at $32.86 for sellers and $32.89 for buyers at Hargreaves Lansdown, down 1.36%. The FTSE 100 added 0.2%, so Compass lagged the index by roughly 1.6 percentage points on the day.
July 3, 2026
British American Tobacco (LON:BATS) lags FTSE as £600m cost cuts don’t lift shares
·

British American Tobacco (LON:BATS) lags FTSE as £600m cost cuts don’t lift shares

British American Tobacco p.l.c. dipped on Friday, even as London shares edged up. The move was minor but let investors take in BATS’s £600 million cost-saving plan. BAT finished at 4,621p, slipping 13p. Shares changed hands between 4,577p and 4,647p. Volume hit 928,870, about 21% of the 65-day average, so selling was light. The stock is up 30.43% for the year but down 2.74% over the last five sessions.
July 3, 2026
Standard Chartered gains as bank eyes digital-asset trades for fees
·

Standard Chartered (LON:STAN) gains with digital-asset growth in focus

Shares of Standard Chartered rose on July 3, 2026, in London, with investors watching the bank’s digital-asset expansion and what it could mean for fee growth. The stock traded higher at 17:05 BST. Standard Chartered PLC finished Friday trading at 2,122p, gaining 32p, or 1.53%, at 17:05 BST on delayed data from Davy. The FTSE 100 closed up 26.16 points, or 0.25%, at 10,679.03 at 16:35 BST, Investors Chronicle numbers show.
July 3, 2026
Coro Energy up 14% in light AIM trade before AGM
·

Coro Energy up 14% in light AIM trade before AGM

Coro Energy Plc jumped 14.29% to 4p on Friday, but volumes were thin. AJ Bell reported just 23,001 shares changing hands, and all the visible trades on July 3 totaled about £850. The bid-offer sat at 3p/4p, giving a 25% spread to the buy side. The London Stock Exchange kept its usual Friday hours, open from 8:00 a.m. to 4:30 p.m. BST. The stock movement landed during the session, not off a holiday close.
July 3, 2026
Rio Tinto (LON:RIO) steadies in London while lower-grade iron ore rivals take hit
·

Rio Tinto (LON:RIO) steadies in London while lower-grade iron ore rivals take hit

Rio Tinto plc barely moved in London on Friday, with trading steady for the miner as it remains exposed to iron ore. China’s state buyer increased the pressure on lower-grade shipments from Fortescue Ltd. Shares traded at 7,078p at 15:04 BST, sitting between an intraday high of 7,179p and a low of 7,068p. The quote was during the regular London Stock Exchange hours, 8:00-16:30 BST. Rio's U.S.-listed ADR didn't trade as U.S. markets were shut July 3 for Independence Day. London shares showed the move.
July 3, 2026
Unilever shares fall with FTSE 350 lag as buyback math faces July earnings
··

Unilever shares fall with FTSE 350 lag as buyback math faces July earnings

Unilever shares dropped Wednesday, trailing the FTSE 350, as traders pointed to buyback calculations ahead of July results. LONDON, July 3, 2026, 15:07 BST Unilever PLC shares dropped in London on Friday after the company wrapped up a buyback, taking some stock out of voting. But most investors shrugged off Friday’s drop. The main issue is the buyback isn’t big compared to the nearly £100 billion equity value. Unilever shares are still lagging the broader UK market ahead of July results.
July 3, 2026
Alkemy Capital (ALK:LSE) up 12% as market value lags behind Teesside lithium plant plan
·

Alkemy Capital (ALK:LSE) up 12% as market value lags behind Teesside lithium plant plan

Alkemy Capital Investments Plc jumped 12.7% to 239p in London trading Friday, as action picked up in the small critical minerals name on the day of its annual meeting. ADVFN data showed 84,362 shares changing hands by 13:54 BST, with a 230p bid and 235p offer. The FTSE 100 traded at 10,640.15, off 0.12%. Alkemy’s gain stands out on the index, though it only recoups some of the late-June drop. Trading 212 daily data has the stock finishing at 237p on June 29, 224.5p June 30, then sliding to 216p July 1 and 212p July 2. The latest 239p quote is still 20.5% under the 300.5p close on June 15.
July 3, 2026
NatWest Group Plc (LON:NWG) shares slip as Evelyn deal puts attention on capital ratios
·

NatWest Group Plc (LON:NWG) shares slip as Evelyn deal puts attention on capital ratios

NatWest Group Plc slipped 0.38% to 676.00p in London Friday, trading close to other UK banks. The FTSE 100 also moved lower. London markets kept regular hours, with LSE open from 0800 to 1630 BST. NatWest has finished its buy of Evelyn Partners, putting a new focus on the stock. Shares now trade less like a simple rates play. Investors are watching to see if fee growth, cutting costs and using capital will pay off soon enough. The shift is bigger than the earlier soft move—now it's about the whole balance sheet.
July 3, 2026
Shell stock falls as focus shifts to buybacks after $1.7B Gulf deal
··

Shell (LON:SHEL) holds steady after $3B U.S. asset sale lines up with buyback plan

Shell plc ticked down 0.05% to 2,898.00p/2,898.50p on a delayed AJ Bell quote around 1300 BST after trades just before 1259 BST. The FTSE 100 dropped 0.15% to 10,636.88 at 1257 BST. Brent crude hovered near $72 a barrel, oil benchmarks touching lows not seen since before the U.S.-Israeli war on Iran. The main story isn’t the slight move in the stock. Shell has pushed out $3.0 billion in U.S. asset sales in three days: a $1.3 billion sale of Jiffy Lube International and Premium Velocity Auto just closed, and a $1.7 billion agreement to sell Gulf of America assets to Talos Energy Inc and Ridgewood Energy. That lines up with the $3.0 billion buyback Shell revealed after Q1 results,
July 3, 2026
National Grid eases after UK grid plan favors NGET for 88% of options
···

National Grid shares gain after Joulent AI deal stirs debate over capex impact

National Grid plc traded higher at midday in London on Friday, bucking a lower FTSE 100. The move came as investors weighed its $1.75 billion investment in supplying power to AI data centres for a second time. AJ Bell showed National Grid trading at 1,241.50p/1,242.00p, up 11.50p, or 0.94%. Volume was 1.15 million shares. Hargreaves Lansdown had the FTSE 100 at 10,620.30, down 32.57 points, or 0.31%.
July 3, 2026
Beeks Financial Cloud (LON:BKS) stock trails peers as wide spread blunts June deal run
·

Beeks Financial Cloud (LON:BKS) stock trails peers as wide spread blunts June deal run

Beeks Financial Cloud Group Plc is trading like a thin small-cap even after a June sales run that would be material for a company with a market value close to £133 million. The London Stock Exchange was open at the time of publication, with standard hours of 0800 to 1630 BST. AJ Bell showed Beeks at a 195p sell price and 210p buy price, with an open of 202.5p and volume of 10,797 shares. Hargreaves Lansdown showed the same bid and offer, while the latest LSE public extract showed volume of 32,299 shares. Even the higher figure was less than one-quarter of the 134,000-share 60-day average in the LSE/FTSE Russell sheet dated July 2.
July 3, 2026
EnQuest (LON:ENQ) up as Sullom Voe cuts show North Sea pressure, Malaysia adds scale
·

EnQuest (LON:ENQ) up as Sullom Voe cuts show North Sea pressure, Malaysia adds scale

EnQuest PLC jumped in London trading on Friday, quoted at 23.63p, up 7.73% according to delayed figures from Hargreaves Lansdown. The FTSE Small Cap index rose just 0.34%, with EnQuest standing out in the group. Shares didn’t simply track Brent crude. Brent futures were flat at $71.87 a barrel earlier Friday, Reuters said. Tim Waterer, KCM Trade’s chief market analyst, said the oil market was “hedging its bets” on Middle East peace efforts.
July 3, 2026
Ukrproduct (LON:UKR) up 10% after small £94 trade; EBRD talks still stalled
·

Ukrproduct (LON:UKR) up 10% after small £94 trade; EBRD talks still stalled

Ukrproduct Group Ltd jumped 10% in London Friday, but volume was light. AJ Bell showed a single trade—1,416 shares swapped at 6.6355 pence, totaling £93.96. The spread stood out more than the price gain. AJ Bell quoted 5.10p to sell, 6.95p to buy, putting the market cap at 2.63 million pounds. With that gap, traders were looking at a 31% round-trip cost on the mid-price.
July 3, 2026
Coastal Africa shares trade with £53 million AIM premium on tight supply
·

Coastal Africa shares trade with £53 million AIM premium on tight supply

Coastal Africa Group Limited showed a paper gain of around £53 million over its AIM listing price on Friday. That move came off a quote that had thin price depth, with no new company updates. London traded as usual, with the LSE open from 8:00 a.m. to 4:30 p.m. local time. Coastal Africa’s midpoint was 200p, broker data showed, with quotes at 100p on the sell side and 300p to buy. The same data had the open and previous close at 200p. Coastal Africa's market cap sat at £271.57 million. No volume was reported. Exchange market size was 1,500 shares.
July 3, 2026
Stelrad Group shares rise 6% with light trading as FTSE All-Share tries to recover
·

Stelrad Group shares rise 6% with light trading as FTSE All-Share tries to recover

The London Stock Exchange was closed at the time of filing. On Friday, July 3, the LSE is set for normal trading, open 0800 to 1630 BST. The last Stelrad price is from Thursday’s close. Stelrad Group Plc closed up 9p, or 6.16%, at 155p on Thursday. The radiator manufacturer outperformed the FTSE All-Share’s 1.51% rise, but volume was light: only 12,689 shares changed hands against an average near 170,000 reported by Google. AJ Bell gave the company a market cap of £197.4 million.
July 3, 2026
1 2 3 4 5 6 … 244