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London stocks finished well into the red on Friday, as weak eurozone growth figures offset stellar earnings from the US technology sector earlier.
The FTSE 100 ended the week down 226. 06 points at 5,897. 76.
Oil and gas exploration and production company Enwell Energy updated the market on the Ukrainian legal proceedings relating to its Svystunivsko-Chervonolutskyi exploration licence in Ukraine on Friday, which is held by LLC Arkona Gas-Energy, which it acquired in March.
Cell-based therapeutics developer ReNeuron Group announced on Friday that the US Patent and Trademark office (USPTO) has completed its examination of its application titled ‘phenotype profile of human retinal progenitor cells’, and has issued a notification of allowance for the issue of a patent.
South east Asia-focussed upstream oil and gas company Coro Energy announced the termination of the sale and purchase agreement entered into with Zenith Energy in December on Friday, over the proposed disposal of its entire Italian portfolio.
Oncology consultancy Physiomics announced on Friday that it has been awarded a contract by a new client, Japan-based global pharmaceutical company Astellas Pharma.
Everyman Media Group updated the market on its half-year of trading on Friday, confirming a complete loss of its revenue streams from the middle of March until 4 July as cinemas across the UK were ordered to close amid the Covid-19 pandemic.
Markets in Asia finished in a mixed state on Friday, with equities in Japan suffering a serious slide, as investors digested the worst ever contraction in the United States economy, according to fresh data released overnight.
Octopus Renewables Infrastructure Trust has signed a share purchase agreement for the acquisition of a 100% interest in a portfolio of operational solar photovoltaic assets across France, it announced on Friday, for cash consideration of €58. 9m (£53. 4m).
Goldplat announced the signing of a binding term sheet between its subsidiary Gold Mineral Resources (GMR) and Mayflower Capital Investments on Friday, for the sale of Kilimapesa Gold, which owns the assets and licences of the company’s Kenyan underground mining operation.
Ventilation company Volution Group said on Friday that full-year group revenues would be about 7% lower on a constant currency basis at £217m, with organic revenue down 11% year-on-year, as it confirmed the cancellation of its interim and final dividends for 2020.
Gene and cell therapy company Oxford Biomedica has signed a three-year clinical supply agreement with a wholly-owned subsidiary of Axovant Gene Therapies, it announced on Friday.
The Law Debenture Corporation confirmed on Friday that its 2020 dividend would be at least equal to the 2019 level of 26p per share, making for a dividend yield of 5%, as its net asset value total return slid 16. 5%.
Glencore reported a 15% decline in coal production in its first half on Friday to 58. 1 million tonnes, which it put down to the Covid-19 related asset suspensions in Colombia, while it raised its earnings expectations for the year thanks to a “very strong” countercyclical marketing performance in the first half.
London open The FTSE 100 is expected to open 36 points higher on Friday, having closed down 2. 31% at 5,989. 99 on Thursday.
Wall Street closed mostly lower on Thursday, after an epic plunge in second-quarter gross domestic product and another week's worth of jobless claims figures.