Don't get carried away by the 94% share price rally in Sareum (SAR:AIM) to 0.604p since the start of March 2016. The company hasn't been able to explain the sudden spike in its valuation, leaving us concerned that the shares may soon be subject to profit taking and fall back.The £15 million cap drug developer is expected to commence stage one clinical trials for lung and pancreatic cancer...

London shares lose early gains and plunge into the red on Tuesday ahead of the release of UK inflation data which is expected to show the consumer price index dipped to zero in August.Analysts predict CPI fell to 0% year-on-year last month from 0.1% a month earlier, amid lower food and energy prices.The FTSE 100 slides 60 points, or about 1%, to 6,021 matching the mood of a lower Wall Street...

London shares nudge lower in early trade on Thursday despite gains by retail sector outfits Sports Direct (SPD) and Kingfisher (KGF), today's biggest Footsie leaders, against a backcloth of easing mining and financial stocks. The FTSE 100 is off around 7 points at 7028, while midcaps decline buy a similar margin to 18,201.Mike Ashley-founded pile 'em high, sell 'em cheap fashion retailer...