Market Report
Europe close: Stocks slip going into the weekend
Stocks reversed early gains as investors opted to play it safe going into the weekend and the euro edged a tad higher on the back of the political gyrations on Capitol Hill.
Europe open: Stocks start slightly higher, analysts wary
Stocks have started the morning trading slightly higher, tracking overnight gains on Wall Street but analysts are worried about buying into Thursday's bounce.
London close: Stocks finish week on down note
London's top flight index slipped on Friday, but managed to finish well-off its lows of the session despite renewed Brexit angst as the pound gave back early gains.
Kingfisher gets RBC upgrade as 'reasons to be cheerful' in France
DIY retailer Kingfisher has more "reasons to be cheerful" thanks to an improving French outlook, analysts at RBC Capital Markets said on Friday, while clothes seller Supergroup remains "compelling" but its shares have gained a lot in recent weeks.
NAV on the rise as Alpha Real Estate Trust turns focus to build-to-rent market
Real estate investment group Alpha Real Trust saw its net asset value (NAV) rise in its first half of trading as it moved to make further investments in build-to-rent projects.
Pacific Industrial & Logistics completes sale of Bedford asset
Industrial and logistics-focussed real estate investment trust Pacific Industrial & Logistics has completed the sale of an asset located at Hammond Road, Bedford, for a total consideration of £5. 8m, it announced on Friday.
DP Poland cuts ribbon on 50th Polish Domino's store
DP Poland, which holds the exclusive master franchise for the Domino’s Pizza brand in Poland, celebrated the opening of its 50th location in the country on Friday.
Mercia Technologies makes new investment into Aston EyeTech
National investment group Mercia Technologies has made a new direct investment into Aston EyeTech - a spinout from Aston University, Birmingham - which has developed a range of proprietary hardware and software products in ocular care, it announced on Friday.
SimiGon receives final approval for $2m Israeli Air Force order
Modelling, simulation and training solutions provider SimiGon has now received final regulatory approval for a $2m purchase order received from the Israeli Air Force, initially announced on 20 June 2016, it confirmed on Friday.
Agriterra losses grow after 'subdued' interest in corn products
Agricultural investment group Agriterra saw losses widen in the first half of its trading year as subdued demand for its maize flour products slashed revenues by more than a third.
Nature Group enters US partnership agreement
Wastewater treatment business Nature Group entered into an agreement on Friday that would see it sell a 50% interest in its US subsidiary to the Ramky Group for an initial $1. 6m fee.
Losses widen as Hornby proposes placement of 40m new shares
Hobbyist business Hornby was on track to implement a new strategy aimed at reinvigorating its key brands as losses widened over the first half of the group's trading year.
Credit card providers to seek customer consent before raising credit limits
Credit card providers have agreed with the Financial Conduct Authority to ask customers' permission before raising their credit card limits, after research found this was a contributing factor to debt problems for many people.
FTSE 250 movers: Petrofac gushes higher on bid spec; Just Eat dented by downgrade
London’s FTSE 250 was down 0. 1% to 19,832. 80 in afternoon trade on Friday.
FTSE 100 movers: Sky rallies but United Utilities hit by downgrade
London’s FTSE 100 was flat at 7,387. 95 in afternoon trade on Friday.
Avesoro begins 14,000 metre diamond drilling campaign at New Liberty
West Africa-focussed gold producer Avesoro Resources announced on Friday that four diamond drill rigs have been mobilised to its wholly-owned New Liberty Gold Mine, and have commenced a 14,000 metre diamond core drilling campaign.
US pre-open: Stocks seen flat amid Russia developments; Abercrombie rallies
US futures pointed to a muted open on Wall Street on Friday as investors continued to mull developments regarding Russia’s involvement in the US presidential election.
CRH's material transformation, 'undervalued' outlook get Morgan Stanley upgrade
CRH is now the top pick in the European building materials sector for Morgan Stanley, which upgraded its recommendation due to the "robust" outlook and expected synergies from the acquisition of Ash Grove Cement.
Asia report: Markets mixed after quiet end to week
Markets in Asia finished mixed on a quiet Friday as investors struggled for direction, with Japanese and Hong Kong benchmarks finishing above the waterline but pared back from earlier gains.
Glenveagh Properties finalises acquisition of 11 new sites
Residential developer Glenveagh Properties has completed the acquisition of 11 new development sites around the country.