Market Pulse
Europe close: Stocks mostly higher, except on the euro area periphery
European stocks finished on a higher note following the release of the US jobs report for October, at least outside of the periphery.
FX round-up: Manufacturing and services data bolster greenback, sterling rebounds on services PMI
Friday saw a slew of economic data released for the US, including the non farm payroll, unemployment rate and services PMI.
London close: FTSE slightly higher on services PMI as pound free fall stalls
London stocks closed marginally higher on Friday as the market was driven by tight correlation with the pound, which itself rebounded off strong services sector data.
FTSE 250 movers: BTG gains on results anticipation, Just Eat upgraded
London's FTSE 250 was mostly on the up on Friday as the mid-cap stock index was led by BTG and Just Eat.
Director dealings: SM Trust sells shares in Just Eat near 52-week high
SM Trust, where one of the Just Eat's non-executive directors, Frederic Coorevits, helps manage a portfolio of investments centred on e-commerce and cloud computing, sold a large batch of shares in Just Eat on 2 November.
Ortac pleased with gold assay results from Casa
Ortac Resources announced on Friday that Casa Mining, in which it holds an effective 45% economic stake, has reported “significant” new gold assay results from the expansion and infill drill programme currently underway at the Akyanga gold deposit in the Democratic Republic of the Congo.
Mercantile completes 'key milestone' at Mumbai port project
Mercantile Ports & Logistics announced on Friday that it has reached a “key milestone” as it develops its modern port and logistics facility in Mumbai, having driven the last of the 248 piles required for the 400 meters of jetty.
FTSE 100 movers: BT, banks and miners weigh, NMC target lifted
London's FTSE 100 index looked to be finishing the week in the red, with miners, banks and BT Group leading the retreat, until a late surge.
US non-farm payrolls rise more than expected in October, wages weak
US non-farm payrolls increased by 261,000 in October, according to the Department of Labor.
US open: Wall Street mixed after October jobs report
Wall Street appears headed for a mixed close going into the weekend following the release of a somewhat underwhelming US jobs report for October.
H&T flags above-expectations profit performance
H&T issued a short statement updating the market on its trading on Friday, confirming that the “strong” trading performance of the first half of the year has been maintained.
Capita halves debt as asset services sale completes
Capita has completed the £888m sale of its asset services businesses, which will allow the government outsourcer to roughly halve its net debt.
Total Produce bites off 50pc chunk of The Fresh Connection
Fresh produce company Total Produce has acquired a 50% equity stake in California-based The Fresh Connection, it announced on Friday.
Cronin gobbles up OpenIOLabs in all-share deal
Chemistry digitising company Cronin Group announced the acquisition of OpenIOLabs on Friday, which it described as a specialist in the development of hardware and software for scientific and industrial uses.
Silence Therapeutics works to assure investors as patent litigation continues
Silence Therapeutics updated the market on its ongoing litigation matters on Friday, having previously delivered its claim for declaratory relief relating to its entitlement to Supplementary Protection Certificates (SPCs) on certain Alnylam products.
US service sector growth accelerates in October, ISM says
The most widely-followed gauge for services sector activity in the States held up better-than-expected last month, albeit slight softness in two gauges linked to order levels.
US service sector growth strong in October but inflation slips, Markit says
The rate of growth in the US services sector was "strong" but steady in October, according to the results of a widely-followed survey.
Increased capital goods imports drive wider US trade deficit in September
The US trade shortfall edged higher in September as imports of goods rose more than exports, led by increased demand for capital goods and industrial supplies.
Europe midday: Stocks hug flatline, Spanish issues the exception
European stocks are hugging the flatline in early afternoon trading following the release of a decidedly mixed reading on the US jobs market, albeit with Spanish stocks the exception.
KAZ Minerals' Kyrgyz mine reopens
KAZ Minerals has resumed full production at its Bozymchak copper and gold mine in Kyrgyzstan on Friday after the government changed its mind over a suspension of mining operations after only one day.