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.

Genel Energy shares climb after Capricorn deal as focus turns to Egypt funding
··

Genel Energy shares climb after Capricorn deal as focus turns to Egypt funding

Genel Energy PLC surged Thursday after it said it would acquire Capricorn Energy PLC. But the main question isn’t the initial rally. Investors still need to decide if they want to support a cash offer that tops Genel’s market cap. Genel ended up 3.60p at 55.40p and Capricorn gained 57p to 345p. The FTSE 100 climbed 1.67%, so Genel outperformed the main London index by over four points, with investors also facing a live financing question.
July 3, 2026
Boohoo shares climb as Debenhams margin gains fuel turnaround hopes
·

Boohoo shares climb as Debenhams margin gains fuel turnaround hopes

Boohoo Group Plc, trading as Debenhams Group, jumped 5.29% in Thursday’s London session. That beat the FTSE AIM 100, which added 0.25%. The stock kept climbing in June’s turnaround rally despite no new filings in the past two days. After the close, Hargreaves Lansdown quoted a 23p sell and 24p buy, putting the group’s market cap near 376 million pounds. For investors, the real focus is the slim trading, not the single-session gain. Just 3.38 million shares changed hands Thursday, well under 0.25% of the 1.57 billion shares outstanding, London South East data show. With a quoted spread of 23p-24p, that 1p gap was about 4.3% of the mid-price—almost matching the day’s 5.29% move.
July 2, 2026
IAG stock dips as buyback runs into fuel-cost pressure
·

IAG shares rise as oil drop shifts focus to fuel bill before July results

International Consolidated Airlines Group SA rose on Thursday, with the British Airways owner’s stock still trading close to last week’s high as investors repriced the fuel risk that drove its May profit warning. Hargreaves Lansdown showed IAG at a 477.30p/477.50p bid-ask after the market close, with the page showing a 10.20p, or 2.18%, rise; the same screen showed the FTSE 100 up 1.67%. The more useful number was volume. Google Finance’s delayed quote showed 11.01 million IAG shares traded against average volume of 17.75 million, a light tape for a stock sitting near a 52-week high of 492.90p.
July 2, 2026
GSK (LON:GSK) bounces, market looks at buyback ahead of Nuvalent cutoff
·

GSK (LON:GSK) bounces, market looks at buyback ahead of Nuvalent cutoff

GSK plc shares bounced Thursday, with a UK retail broker’s page quoting them at 2,011p to sell and 2,012p to buy after closing at 1,930p. That’s roughly 4.2% higher at the midpoint against Wednesday’s close. The FTSE 100 finished up 1.67% at 10,652.87. The gain wiped out Wednesday’s loss, when GSK dropped 2.57% to finish at £19.30. Volume was 5.4 million shares, under its 50-day average of 8.0 million. The stock closed that day 15.43% below its 52-week high of £22.82 hit on Feb. 18.
July 2, 2026
£9.1 billion UK motor finance redress bill delay raises capital questions for banks
·······

£9.1 billion UK motor finance redress bill delay raises capital questions for banks

UK car loan firms got some cash-flow relief Thursday after the Financial Conduct Authority said they can delay working out or paying compensation until the Upper Tribunal wraps up. But the FCA kept the capital requirements in place. Lenders still have to flag cases, keep collecting commission data, and prep for handling complaints outside any possible scheme, with enough capital and liquidity left in their UK regulated units. The tribunal is set to take up challenges either Dec. 14-18, 2026, or Feb. 16-26, 2027. Consumer Voice, plus finance units for Volkswagen AG, Mercedes-Benz Group AG, and Crédit Agricole SA, are bringing the cases.
July 2, 2026
Velocity Composites edges higher on light volume after EBITDA cut
·

Velocity Composites edges higher on light volume after EBITDA cut

Velocity Composites plc traded higher in London on Thursday, but volumes stayed thin. The AIM-listed aerospace composites company was quoted at 14p, up 7.69%, and Google Finance showed just 5,560 shares had changed hands. That worked out to under £800 traded at that price. The stock jumped more than the FTSE AIM All-Share, but volume was light—about 5% of Velocity’s average, per Google Finance, which lists 105,960 shares as the average. Thin volume can whip a £7.65 million name around fast.
July 2, 2026
Prudential buyback trims voting rights to 2.51 billion
·

Prudential shares fall, investors notice absence of buyback

Prudential plc traded lower late Thursday in London, giving up a bit of Wednesday’s gains. Buyback disclosures indicated the group is still retiring shares around the £10 mark. Shares were at 1,036p at 16:02 BST, off 0.38%, after swinging between 1,022.5p and 1,038p during the day. Prudential edged down 0.53% to a bid-offer of 1,034.0p/1,034.5p, underperforming the FTSE 100 Index, which gained 1.88% at 15:47 BST, according to Barclays market data.
July 2, 2026
Anglo American (LON:AAL) share price gap persists before July production tests
·

Anglo American (LON:AAL) share price gap persists before July production tests

Anglo American plc rose in late London trade on Thursday, but the gain did not close the discount to its early-June peak as the market weighed a fresh Teck merger step against copper output, De Beers sale risk and the July production calendar. London Stock Exchange regular hours run from 0800 to 1630 local time, putting the stock inside the main session at the 1603 BST dateline. Davy showed Anglo at 3,737p at 1602 BST, up 15p, or 0.4%, on 20-minute delayed data, with a day range of 3,661p to 3,789p. Investing.com historical data put the June 2 high at 4,239p and Monday’s close at 3,627p, meaning the stock has rebounded about 3% from Monday but is still about 11.8%
July 2, 2026
Diageo stock comes back but shares still sit nearly £1bn under Monday before update
·

Diageo stock comes back but shares still sit nearly £1bn under Monday before update

Diageo plc recovered some ground on Thursday after two days of heavy losses. Shares in the Guinness and Johnnie Walker owner still lagged the FTSE 100 over the week. Trading in London was under way, with London Stock Exchange open for its usual July 2 hours, 8:00 a.m. to 4:30 p.m. BST. Shares stood at 1,524.5p, gaining 2.76% at 15:05 BST on 20-minute delayed Davy data. Hargreaves Lansdown data showed the FTSE 100 ahead 1.25% at 10,609.03.
July 2, 2026
BAE Systems (LON:BA.) rises after UK defence plan lifts outlook by £2.8 billion
·

BAE Systems (LON:BA.) rises after UK defence plan lifts outlook by £2.8 billion

BAE Systems plc climbed in London trading Thursday, extending a two-day bounce, after Britain assigned numbers to long-cycle defence programs that cut across BAE’s combat-air, naval, weapons, and autonomy segments. The company’s investor page listed the stock at 1,938 GBX at 11:40 BST from delayed exchange data. Separate market quotes had shares at 1,938p at 11:38, up 58p, or 3.09%. For investors, the main issue is that the quick rally has outpaced BAE’s buyback firepower for now. The shares moved up from 1,844p Tuesday to 1,938p, a 94p rise, or 5.1%. BAE had 3.0059 billion voting rights as of June 30, so that’s roughly £2.8 billion added to equity value.
July 2, 2026
ProService shareholders to vote on refinancing plan; dilution seen far above stock’s market value
·

ProService shareholders to vote on refinancing plan; dilution seen far above stock’s market value

ProService Building Services Marketplace Plc shifted to a refinancing and dilution play after a proposed £60 million funding package pointed to heavy new cash and a likely large share issue. On June 29, the company said it will look to issue as much as £25 million in floating-rate secured convertible loan notes to Ravensworth Limited, with a £35 million asset-based lending deal lined up with Leumi UK Group Limited. AIM was open at the time reported. TradingHours.com showed the London Stock Exchange July 2 session running from 8:00 a.m. to 4:30 p.m. local, with London time at 12:08 BST.
July 2, 2026
Petra Diamonds share price: coupon share issue puts 50p note price against 7p market
·

Petra Diamonds share price: coupon share issue puts 50p note price against 7p market

Petra Diamonds Limited shares rose in London morning trade on Thursday, but the larger investor signal was in Wednesday’s share admission notice: a small-looking 5.7% increase in shares carries a much larger message about debt, liquidity and the market’s view of the miner. Petra said it would settle its June 2026 coupon on the notes in shares rather than cash. The coupon was US$13.0 million, at 11.5% annual interest, and the shares are being issued at 50p each. The stock was quoted at 7.06p on Petra’s investor page at 1000 BST, about 86% below that coupon reference price.
July 2, 2026
HSBC trades near recent high with August earnings in view
·

HSBC (LON:HSBA) stock trails after $162m Zing loss puts number to fintech pullback

HSBC Holdings Plc traded lower in London on Thursday, slipping 1.28 percentage points behind the FTSE 100 which was up. Investors responded to new numbers on a fintech project HSBC has scrapped. Shares stayed around 2% below the 1,456p year high, so cost surprises could still weigh. Zing was in focus after Financial News reported Wednesday the international payments app’s holding company recorded a $30.4 million loss last year, mostly due to a $30.6 million impairment. Since launch, impairments have totaled $162.4 million. HSBC had invested $208.5 million and put the value of recoverable assets at $38.4 million, the report said.
July 2, 2026
Pinewood Technologies (LON:PINE) rallies but shares still 42% under failed Apax buyout
·

Pinewood Technologies (LON:PINE) rallies but shares still 42% under failed Apax buyout

Pinewood Technologies Group PLC climbed 8.3% Wednesday, but what stood out was volume—just around 711,000 shares changed hands, equal to about 0.62% of the voting rights. The price added 22p and that pushed the automotive software firm’s market cap up by about £25 million on paper, with 115.1 million voting rights. The stock finished at 288p, rising 22p on the day, according to Investors Chronicle/LSEG data delayed at least 20 minutes as of 16:35 BST. Hargreaves Lansdown and AJ Bell posted a 288.5p sell price, 291.5p buy price, and a market cap near £331.5 million at the close.
July 1, 2026
Experian PLC up after $1 billion buyback brings attention to shares
·

Experian PLC up after $1 billion buyback brings attention to shares

Experian PLC traded higher Wednesday. The stock picked up after the credit-data company cancelled more shares in repurchases than it revealed for employee-share issuance this week. No new earnings numbers out. The shares last traded at 2,579p, up 36p on the day, after swinging between 2,459.2p and 2,592p. Trading volume hit 3.21 million. Shares stayed 37.1% under the 52-week top of 4,101p, even with the move higher.
July 1, 2026
Standard Chartered gains as bank eyes digital-asset trades for fees
·

Standard Chartered gains as bank eyes digital-asset trades for fees

Standard Chartered PLC outperformed London’s main index on Wednesday, ending up 1.62% at 2,074p. The FTSE 100 dropped 0.18% to 10,478.34. The bank edged out the benchmark by 1.80 percentage points for the day, though shares closed 8.96% under June’s 52-week high of 2,278p. Product mix stood out this time. Standard Chartered said it did prime-broker spot bitcoin and ether trades with LMAX Group, settling T+1 using its UK branch and its DIFC digital-asset custody setup. The bank called itself one of the first globally systemically important lenders to pull off these trades.
July 1, 2026
GSK slip wipes out most of 2026 payout with sales still limited
·

GSK slip wipes out most of 2026 payout with sales still limited

c dropped more than the main London indexes on Wednesday, with the move lining up against its own dividend outlook. Shares lost 51p, nearly 73% of the 70p dividend GSK has forecast for 2026. The stock didn’t find much support from the usual defensive income trade. GSK closed with a bid of 1,934.5p and offer of 1,935.5p according to Hargreaves Lansdown, 2.57% lower on the day. The FTSE 100 slipped 0.18%. Reuters said healthcare stocks lost 1.6%, GSK dropped about 2.5% and AstraZeneca PLC fell 1.7%.
July 1, 2026
Capita shares surge 10% after AI launch puts £32.6m valuation to the test
·

Capita shares surge 10% after AI launch puts £32.6m valuation to the test

Capita plc jumped almost 10% on Wednesday, standing out as the UK outsourcer rallied while the wider FTSE All-Share stayed flat. Shares finished at 301.50p at 16:35 BST, up 27p, according to market data, with trading volume at 769,510 versus a Google Finance average of 462,680. Hargreaves Lansdown said markets were closed and the FTSE All-Share slipped 0.01%. Capita’s latest voting-rights filing showed 120,830,667 ordinary shares out as of June 30, with no treasury stock, and 393,264 shares in the Employee Benefit Trust not counted toward EPS. That’s the cleaner figure, not just the share price. Based on Wednesday’s close, that base valued Capita’s equity around £364.3 million, up roughly £32.6 million from the earlier 274.50p close.
July 1, 2026
British American Tobacco (LON:BATS) drops after cost push meets buyback hurdle
·

British American Tobacco (LON:BATS) drops after cost push meets buyback hurdle

British American Tobacco p.l.c. dropped 3.01% to 4,536p on Wednesday. That was a steeper loss than the FTSE 100, which slipped 0.18%. The stock has now fallen for three straight sessions since Friday's close. Shares traded 14.83% under their May 19 52-week high, MarketWatch data showed. Trading volume was light. Around 2.57 million shares traded, just 0.78 times the 20-session average, according to MarketScreener. The sharp drop came on smaller volume, so this looked like a quick reset in outlook rather than a large-scale move out.
July 1, 2026
SIG plc (LON:SHI) stock hits new low with debt now above equity
·

SIG plc (LON:SHI) stock hits new low with debt now above equity

SIG plc shares hit a new 52-week low Wednesday as the building-products group faced more pressure ahead of August results. Investors are watching to see if the company’s cost cuts are still enough to balance out sluggish European construction demand. London trading wrapped before the dateline. The main July 1 session on the LSE ran 0800 to 1630 BST. After the bell, data feeds didn’t line up. Google Finance listed SIG down 0.43% at 7.87p as of 1723 BST. MarketWatch put the delayed close at 8.75p, up 10.76% at 1646 BST. Both showed SIG touched a 7.47p low and an 8.75p high in the session.
July 1, 2026
1 … 3 4 5 6 7 … 244