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FTSE 250 movers: Banks, housebuilders soar; Future falls
London's FTSE 250 soared 3. 54% higher at 21,529. 72 in afternoon trade on Friday, as investors digested the impact of a resounding Conservative general election victory.
Flagship Woodford fund to begin windup in January
Administrators on Friday announced that Neil Woodford’s Equity Income Fund (WEIF) will begin winding up on 18 January, with investors set to receive their first payout two days later.
Europe open: Markets jump on Sino-US trade breakthrough
European stocks surged on Friday morning on news the US and China had reached an initial trade deal and the Conservative Party victory in the UK General Election.
Europe midday: Markets jump amid reports of Sino-US trade agreement
European stocks were sharply higher by midday on Friday following news that the US and China have reached an initial trade deal, thus avoiding a new round of tariffs, with a landslide victory for the Conservative Party in the UK general election also boosting sentiment.
Hurricane Energy forecasts full-year turnover of $165m
Hurricane Energy on Friday said that it expects 2019 revenue of around $165m thanks to a "strong" performance from its Lancaster wells.
Amiad Water Systems shares slump after profit warning
Shares of Amiad Water Systems tumbled on Friday as it warned that its net profit will fall $3m-$5m below market expectations for 2019.