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Some of these funds might be having as hard time, Patient Capital for example has 2.44% of their fund in bitty, overall performance YTD has been poor so maybe some rotation there especially with micro-caps like S4.

Lots of canaries down the mine with investors cupping their collective hands at the top, Apple dropping due to chip price increases which has been brought about by hey eye -

Signs funds drying up,SpaceX paying over the odds for new issue bond to attract investor interest, Accenture big canary , Apollo gating some funds..

Europe now favouring their own sovereignty after tariffs threats, more positioned towards China now..

Whilst not comfortable to watch, i view this ultimately as a positive for S4 as it signals a return to normality at some point..

..just my cents worth on a very complex landscape..

The Hang Seng and Biotech index have had a torrid time, Biotech index is at historic lows so maybe due a rebound.

Fundamentals continue to look strong for biotech in general, not sure why the market has turned pessimistic.

Ditto Crafty, well articulated

Think I will join you on a sabbatical.

Don't forget top slicing which helps enormously, those who did (hands up) can buy back with 10-12p saving..or, in round terms 25%

BOL..

Wouldn't surprise me if those two large trades are fills being published late..?

We might end up being one of the ''aged'' at this rate..

lol

Nope, not a board member just a realist.

My comment on irony was in relation to the climate change thingy, why not go to the AGM and ask questions first hand.

Index funds will react to hawkish commentary by BoE plus ECB raising rates, this is unlikely to change the current scenario for sometime imo, perhaps another year or two before inflation subsides ?

The exact same thing happens with other stocks, S4 being a prime example with many posters (including me) complaining about the London markets.

Actual data on index funds is scarce but you can see the daily movements on iShares, it should be possible to work out the exact amount of bought and sold shares by calculating the price/% amount, although that's a bit too far even for me..

Daff, have a look back through my old posts, especially on index funds..

..oh the irony

''A climate conference to tackle extreme heat was cancelled today due to the heatwave, with Britons bracing themselves for temperatures of 40C this week.''

Stock up on sun screen folks, ideally from LF

The only thing the shorts control is retail investors minds..

(lol)

Good update all things considering, so much turmoil in the markets so pleased to see some calm whilst pushing ahead too.

Could be a bit of stock left over from index fund sell of yesterday, iShares back down to historic lows on CD.

Dollar looking strong..

FTSE 100 Segro shares rocket as it fights off £12.6bn swoop by US real estate giant

https://www.cityam.com/ftse-100-segro-fights-off-12-6bn-swoop-by-us-real-estate-giant/

Goldman Sachs says pharmaceutical, biotech sectors could see strongest tailwinds, while car industry, tech hardware makers may struggle

“Healthcare ... will see the strongest demographic demand from ageing,” analysts said in the report.

In China, they highlighted Bluestar Adisseo, a Shanghai-listed animal nutrition additive maker, WuXi XDC Cayman, a pharmaceutical contract drug developer and Sichuan Kelun-Biotech Biopharmaceutical and Zai Lab, both oncology developers, are among their top buy-rated names with the strongest demographic-driven demand outlook by 2030. The latter three are traded in Hong Kong.

Zai Lab ranked among the top 10 in the 2025 China Pharmaceutical Innovation and Invention Index, published by IDEA Pharma, a benchmark measuring Chinese drug makers’ strength in clinical development, research and commercialisation.

SCMP

Just noticed Ramsdens, how many companies are left before they get to THG ?

British pawnbroker Ramsdens snapped up by Texas rival for £203m in blow to City

Isn't that just an Ai scrape from the web then formatted ?

Now under cash balance, pipeline for nothing as it were, funds must be desperate if selling at these levels ?

Apollo has announced gating of more of its funds, liquidity in private credit going south.

Off to B & Q, get me some of those ear defenders ..

Looks like a bruising day on the markets ahead, US tech wobbles.

Anyone going to AG tomorrow, might be low turnout given heat..

CNBC

Alphabet paces for worst day in a year on AI concerns after high-profile exits

+ The company also has exposure to the market’s concerns around commoditized AI and ballooning capital expenditures.

What a terrible CEO, fancy using a spoon, far better off with a plate ..

: )