The Chai Tattle - 5th May 2026
An up and down day as investors keep waiting for more concrete news.
MesoQuill Research
A topsy turvy day on the market as stocks went up, down, and then up again reflected in the value delta of the indices. The market is unsure of what actions will be taking place in the Iran-US war as marginal escalations continue and the effect of the oil increases now seriously is beginning to squeeze middle- and lower-class personnel and we can see early indicators of reduced economic and logistical activity.
The market sentiment from this point forward will be taking into account the surcharges and lack of economic activity derived from increasing inflation.
Top News
LSE announced that its SPAC - I, for an issue size of 5mn shares is oversubscribed by 1.7x.
YOUW has given approval to issue 363mn worth of new shares to the Chairman in light of his loan grant to the company.
