Market Report
May survives tough day as rebels seek support to knife PM in ballot
UK Prime Minister Theresa May moved on Friday to bolster her precarious position after ministerial resignations over Brexit and the continuing threat of a no confidence vote.
Bonds: Gilts and US Treasuries diverge, odds of December Fed hike slip
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Commodities: Natural gas bounces, Bitcoin continues to drift lower
Commodity prices were resurgent at the end of the week as natural gas futures bounced back from the sharp losses endured during the prior session.
'I think we'll have a deal (with China),' Trump says
Wall Street's main market gauges flickered into life on Friday afternoon in New York, reversing early losses and moving into the green, on the heels of upbeat remarks from the US President regarding the chances of his administration being able to strike a trade deal with Beijing.
US interest rates closer to 'neutral', Fed's Clarida says
The US central bank's second-in-command noted recent volatility in stock markets, but continued to defend the need for gradual rate hikes.
Europe close: More dovish ECB helps offset political uncertainty
Stocks on the Continent finished slightly lower amid jitters that a possible no-confidence vote against the British Prime Minister might crystallise over the weekend with sentiment further dampened by poor quarterly results from US tech giant Nvidia overnight.
London close: Investors cautious ahead of possible leadership challenge
London stocks finished the week lower, as did Sterling, as investors hedged their bets ahead of a weekend that might see Tory rebels push for a confidence vote against the Prime Minister.
Broker tips: Aston Martin Lagonda, Premier Oil
A day after Aston Martin Lagonda's first trading update after floating in London last month, the upmarket carmaker received positive write-ups from analysts at Deutsche Bank and JPMorgan Cazenove.
Nvidia shares plunged 19% after reporting weak Q3 results
Nvidia stock fell by as much as 19% in extended hours trading on Thursday and continues to plunge on Friday after the company reported results for the third quarter of its 2019 fiscal year that fell short of analysts’ expectations.
Canaccord cuts target price on 'optimistic' Premier
Analysts at Canaccord Genuity lowered their target price on British oil and gas outfit Premier Oil on Friday, noting the firm's current projections may be "a little optimistic" given the recent oil price weakness.
Director dealings: Intermediate Capital CEO ups stake
Intermediate Capital chief executive Benoit Durteste purchased 50,000 ordinary shares in the FTSE 250-listed asset manager on Friday.
China Nonferrous Gold inches closer to finalising infrastructure at Pakrut
Mineral exploration and mining company China Nonferrous Gold updated the market on operations at the Pakrut gold project it was currently mining in the Republic of Tajikistan on Friday.
Tungsten Corp becomes fully-registered e-invoicing intermediary in Italy
Tungsten Corp, trading as Tungsten Network, has completed final testing with the Sistema di Interscambio tax authority in Italy to become a fully-registered intermediary for business-to-business electronic invoicing in that country, it announced on Friday.
MRS Services secures shutdown refurbishment contract
MRS Services Group has secured a contract for the structural refurbishment of six front line excavators in upcoming shutdown projects, it announced on Friday.
Eagle Eye maintains momentum after 'breakout' 2018 year
Investors in software-as-a-service technology company Eagle Eye Solutions Group were told on Friday that its momentum seen in the year ended 30 June had carried over into the new financial year, as they gathered for the annual general meeting.
Fruquintinib fails to meet primary endpoint in latest Chi-Med trial
Hutchison China MediTech announced that the FALUCA trial did not meet the primary endpoint to demonstrate a statistically significant increase in overall survival compared to placebo on Friday.
Live Company announces new dinosaur-themed LEGO show
Live Company announced on Friday that ‘Bricklive Brickosaurs’, a brand new LEGO brick touring show built by model-building company Bright Brights, would make its worldwide debut at Marwell Zoo from April to September next year, before touring around Europe.
Gusbourne renews loan facility with Barclays
Gusbourne announced on Friday that it has renewed its existing loan facility of £2. 03m with Barclays Bank for a further three years.
FTSE 100 movers: RBS retreats again but Halma heads higher on acquisition
London's FTSE 100 was down 0. 2% to 7,025. 74 in afternoon trade on Friday as investors mulled the latest twists and turns in the Brexit saga.
Oilex wins battle against JV partner, set to receive £3m settlement
Exploration and production outfit Oilex shares plummeted in early trading despite its joint-venture partner having finally submitted the 300m rupees (£3. 25m) it had been ordered to do by the High Court of Gujarat earlier in the month.