Mateusz Ługowik

Mateusz Ługowik is a senior markets reporter at Bez-kabli.pl, specializing in technology stocks, artificial intelligence and global financial markets. A graduate of the University of Gdańsk, he previously worked in investment research and market analysis. His coverage helps readers understand the key trends, companies and innovations influencing investors worldwide.

BAE Systems trades up as GCAP funding flows to contracts

BAE Systems (LON:BA) still has 15% upside to analyst median after GCAP update

BAE Systems plc edged down 0.1% to 2,023p at 12:04 p.m. in London, based on 20-minute delayed quotes. Shares moved between 2,011p and 2,047p so far. The London Stock Exchange’s regular session runs from 8:00 to 16:30. BAE climbed 2.2% to 2,025p on Monday, while the FTSE 100 Index slipped 0.26%. Trading was light, with just 4.1 million BAE shares moving, under the 50-day average of 6.6 million.
July 7, 2026
Lloyds’ Halifax rebrand puts 36% of branch estate behind one UK banking brand

Lloyds Banking Group (LON:LLOY) stock: buybacks near 52-week high test BoE capital boost

Lloyds Banking Group plc fell 0.6% to 114.65 pence at 11:59 BST on Tuesday, lagging a 0.2% gain in the FTSE 100. The stock still sat just 1.2% below its 116.00p 52-week high, putting the day’s fall in a narrower frame: Lloyds is no longer trading like a cheap recovery bank, even as capital rules turn friendlier. The fresh data point is the buyback price. Lloyds said it bought 6,986,031 ordinary shares on July 6 from Goldman Sachs International at a volume-weighted average price of 115.2851p, with the shares to be cancelled. That was about 0.6% above Tuesday’s late-morning quote and within touching distance of the 52-week high.
July 7, 2026
Barclays £500 million buyback puts retired shares £76 million in the money

Barclays PLC (LON:BARC) slips as rally leaves less room against analyst targets

Barclays PLC was weaker in an open London session on Tuesday, with the stock last shown at 519.50p at 11:30 BST, down 10.00p on the day. The FTSE 100 was up 20.98 points at 10,672.75 at 12:01 BST. London Stock Exchange hours run from 0800 to 1630 local time. The sharper point is the target gap. Using the latest Barclays quote and LSEG consensus data compiled by Investors Chronicle, the 575p median target now gives about 10.7% upside. That is still positive, but less forgiving for a stock that is 56.7% above its 52-week low of 331.55p.
July 7, 2026
Schroders shares linger close to Nuveen bid after Benchmark sale leaves 1.7% gap

Schroders stock steady after Benchmark deal and EU sign-off

Schroders PLC stock stayed close to Nuveen’s takeover offer on Tuesday. The Benchmark advice unit sale did more to tidy up the balance sheet than to drive the share price. The stock held steady at 587p, unchanged from the open. Volume was 3.37 million shares. FTSE 100 rose 0.45% in delayed Reuters data.
July 7, 2026
National Grid’s AI investment leaves stock unmoved, Ofgem review still ahead

National Grid (LON:NG) shares trade under pre-Joulent price as AI push, debt mix in

National Grid is still below its price from before the Joulent update, with the AI power angle running into debt numbers. LONDON, July 7, 2026, 10:07 BST National Grid plc inched up 0.24% to 1,234.00 pence at 0950 BST on Tuesday, trailing the FTSE 100’s 0.61% gain at 0926 BST. The stock clawed back some ground after Monday’s drop. The London Stock Exchange ran its normal Tuesday session from 0800 to 1630 BST.
July 7, 2026
OpenAI IPO Plans Hit Internal Rift as CFO Sarah Friar Questions Sam Altman’s 2026 Timeline

OpenAI, Anthropic eye IPOs while $1 trillion talk tests token prices

OpenAI and Anthropic are lining up for public debuts, and Wall Street is already looking at the numbers. OpenAI’s most recent private valuation sits at about 1.7 times Anthropic’s when you compare annualized revenue. If OpenAI were to go public at $1 trillion, that lead would jump to nearly two times. The company marks are from their own statements. In March, OpenAI said it finished a $122 billion round, putting its post-money value at $852 billion and said monthly revenue had hit $2 billion. Anthropic said in May it raised $65 billion at a $965 billion post-money valuation, with run-rate revenue above $47 billion.
July 7, 2026
Baltic Classifieds (BALTIC) recovers but share price still trails buyback mark

Baltic Classifieds (BALTIC) recovers but share price still trails buyback mark

Baltic Classifieds Group Plc posted one of the strongest gains in the FTSE 250 on Monday. Still, shares ended the session under the level where the company was buying stock last week. Baltic Classifieds Group gained 9.10p to close at 182.10p on July 6. Volume came in at 2.85 million shares, hitting an intraday peak of 182.60p, according to ADVFN. Sharecast said Baltic Classifieds was the second-best performer on the FTSE 250, just behind easyJet.
July 7, 2026
Smiths Group drops with traders watching July vote on buyback approval

Smiths Group drops with traders watching July vote on buyback approval

Smiths Group Plc dropped more than the wider London market on Monday, after the engineering group gave more details on its big buyback. Shares finished at 2,593p, down 1.56%. The FTSE 100 lost 0.26%. Volume came in at 542,116, or 56% of the stock’s 65-day average. Smiths is now 5.58% off its Feb. 27 peak at £27.46. Monday’s RNS was more about the run-rate than the drop. Smiths said it picked up 855,000 shares from HSBC Bank plc between June 29 and July 3, buying them across London venues. All of those shares are set to be cancelled. Based on the reported volume-weighted prices, the average purchase came to roughly 2,585.64p, costing Smiths around £22.1 million in total.
July 7, 2026
ImmuPharma up; 8p Lanstead test in focus for cash runway

ImmuPharma up; 8p Lanstead test in focus for cash runway

ImmuPharma plc moved higher Monday, but the bigger question for investors is if shares can get near 8p, which is the level needed for the company’s Lanstead funding plan to pan out as expected. IMM traded at 3.745p, with a 3.50p bid and 3.995p ask. The market cap was £23.37 million on 623.91 million shares outstanding. Fidelity posted a 16:35 BST price, showing the stock up 0.27p, or 7.77%. On the same page, the FTSE All-Share was off 0.24%. The most recent press release in Fidelity’s feed was still the June 25 annual general meeting result, so nothing in Monday’s price action was tied to a new Monday filing there.
July 6, 2026
Haleon shares slip with buyback boost fading ahead of H1 numbers

Haleon shares slip with buyback boost fading ahead of H1 numbers

Haleon PLC dropped Monday in light volume, with the Sensodyne and Panadol owner now looking at reduced share-buyback capacity ahead of half-year results on July 30. The stock fell 1.59% to £3.59. The FTSE 100 dropped 0.26% to end at 10,651.77. Haleon closed 13.84% under its Feb. 18 52-week high of £4.16. Trading volume reached 12.6 million shares, well below the 50-day average of 25.4 million, MarketWatch data showed.
July 6, 2026
Distribution Finance Capital shares set new 52-week high after profit upgrade

Distribution Finance Capital shares set new 52-week high after profit upgrade

Distribution Finance Capital Holdings Plc hit a 52-week high Monday. Shares still trade under the most recent tangible book. Investors will watch the September interims and see if the June profit upgrade is enough to change estimates. The AIM-listed shares finished at 69p at 17:05 BST, rising 5.5p, or 8.66%. Volume was 537,280 shares. Google Finance put the stock’s average volume at 183,920, so Monday’s trading was nearly triple the usual pace. The day’s top price, 69p, was also the 52-week high.
July 6, 2026
Rio Tinto (LON:RIO) steadies in London while lower-grade iron ore rivals take hit

Rio Tinto trades lower in London with iron ore weighing on copper gains

RIO Tinto shares are down in London, as iron ore prices cap copper upside for the miner. Rio Tinto plc dropped in late London trade Monday, trailing the FTSE 100. The copper story hit a wall as iron ore weighed. Shares last at 7,014p, off 0.79%, with a bid-ask at 7,013p/7,015p. Market cap sat just under 114 billion pounds. London Stock Exchange trading ran 0800-1630 BST July 6.
July 6, 2026
Anglo American shares face thin support ahead of July copper event

Anglo American shares face thin support ahead of July copper event

Anglo American plc slipped late in London on Monday. But the bigger takeaway wasn’t the drop—it was that after a sharp re-rating, there’s little space left above consensus for the stock. At 3,765p, Anglo traded 84% higher than its 52-week low at 2,042p, about 11% below its recent 4,239p high. Volume hit 1.09 million on Monday, well off the average 4.25 million, according to Google Finance. The shares are moving like a copper play, but liquidity hasn’t kept up with price.
July 6, 2026
Glencore shares fall, copper drawdown dull ahead of July output test

Glencore shares fall, copper drawdown dull ahead of July output test

Glencore plc slipped 0.6% to around 510.5 pence on Monday in London, underperforming a weak mining sector. Traders shrugged off low copper stockpiles and focused on the company’s July output update. The London Stock Exchange trades from 0800 to 1630 local, with London at 1305 BST. FTSE 100 edged down 0.1% to 10,663.68 by 1037 GMT, Reuters said, as weaker precious metal miners pushed against financials. Glencore barely moved in today’s trading. The bigger point is the stock has dropped roughly 14% over the last month, despite copper’s visible LME draws still giving bulls something to hold onto.
July 6, 2026
TMT Investments (LON:TMT) jumps past buyback limit while NAV gap holds

TMT Investments (LON:TMT) jumps past buyback limit while NAV gap holds

TMT Investments PLC was up 8.3% at $3.25 on Monday in light AIM trading, after closing at $3.00. The company’s delayed quote at 12:42 BST showed 13,276 shares moved in 13 trades. That’s about $43,000 in turnover at the print. With the $0.25 move, TMT picked up around $7.6 million in implied market cap, using 30.2 million shares outstanding. The screen showed a smoother move than the tape did. TMT’s investor website listed a bid at $3.30 and ask at $3.40, and a market cap of $99.7 million. The last quoted price implied a market cap closer to $98.2 million. The London market was trading, with the LSE open from 0800 to 1630 local, and the local time in London
July 6, 2026
Lloyds trades near highs, BoE leverage review in spotlight over £30bn gilt demand

Lloyds trades near highs, BoE leverage review in spotlight over £30bn gilt demand

Lloyds Banking Group plc ticked up in London on Monday, closing in on a new one-year high. Investors were looking past the Halifax brand news, focusing instead on whether the Bank of England's leverage-rule review might let banks own more UK government bonds. London Stock Exchange trading is open 8:00 to 16:30. AJ Bell prices lagged by at least 15 minutes. Lloyds was quoted at 115.40p/115.45p on AJ Bell, up 0.38p, or 0.33%, after touching 115.70p. The share sits just 0.22% under its year high, ahead of NatWest and HSBC on that score. Barclays was also close to its high.
July 6, 2026
Rolls-Royce (LON:RR) slips as buyback yield tightens ahead of July 30 cash check

Rolls-Royce (LON:RR) slips as buyback yield tightens ahead of July 30 cash check

Rolls-Royce Holdings plc dropped in early London trading on Monday, off 14.80p to 1,489.40p as of 09:51 BST. Shares trailed the FTSE 100, which gained 34.52 points at 10,713.55 just before 09:40 BST. Rolls-Royce shares slipped only slightly. The attention is on the numbers behind the buyback. With a market cap showing £124.43 billion on Google Finance, the £2.5 billion buyback book for 2026 would be about 2.0% of Rolls-Royce. The larger £7 billion to £9 billion buyback for 2026-2028 comes to between 5.6% and 7.2% of the firm.
July 6, 2026
Coro Energy (LON:CORO) £8 deal shifts $20m Vietnam debt ahead of AGM

Coro Energy (LON:CORO) £8 deal shifts $20m Vietnam debt ahead of AGM

Coro Energy Plc saw barely any trading on Monday. The move didn’t tell much for the AIM-listed renewables developer, with a financing deadline still looming before Tuesday’s annual meeting. London was open at the dateline period; the London Stock Exchange trades between 0800 and 1630 local time. AJ Bell reported Coro’s last print at 3.001p at 08:43 BST, down 14.26% on the day from a 3.50p prior close. Only 256 shares moved, worth £7.68. Market makers quoted 3.00p on the bid, 4.00p on the offer.
July 6, 2026
Kier Group (LON:KIE) buyback lags Friday rally ahead of July update

Kier Group (LON:KIE) buyback lags Friday rally ahead of July update

Kier Group’s stock buyback hasn’t kept up with Friday’s price jump as traders wait for the July update. LONDON, July 5, 2026, 23:01 BST London’s market is closed on Sunday. The London Stock Exchange runs 0800 to 1630 BST, Monday to Friday, so the last live price for Kier Group plc was Friday. Shares finished at 228.4p mid, up 9p according to Hargreaves Lansdown.
July 6, 2026