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Lockdowns hit sentiment in services sector - survey
Optimism across the service sector tumbled in the last three months, hit by a resurgence in Covid-19 infections and fresh lockdown measures, a closely-watched survey showed on Friday.
Europe close: Stocks slightly weaker amid ongoing Covid concerns
European stocks finished marginally weaker on Thursday, as Covid-19 worries and the US Thanksgiving holiday subdued sentiment.
London close: Stocks end lower in quiet trade as US markets shut
London stocks drifted lower on Thursday, lacking direction as US markets were closed for Thanksgiving, as investors mulled the economic impact of the coronavirus pandemic.
Broker tips: AO World, Dechra, Melrose, Elementis
Jefferies raised its price target on AO World shares but downgraded its rating on the online electricals retailer's stock to 'hold' after the shares surged to a record high.
Ironveld raises £1m for debt repayment and financial stability
Mining development company Ironveld has conditionally raised £1m before expenses, it announced on Thursday, to repay debt facilities and provide it with financial stability.
Director dealings: Coats' chairman-designate makes share purchase
Coats Group revealed on Thursday that non-executive director David Gosnell had acquired 140,105 ordinary shares in the FTSE 250-listed industrial threads manufacturer.
FTSE 250 movers: Virgin Money slumps again; gold miners shine
The FTSE 250 was down 0. 8% at 19,406. 92 in afternoon trade on Thursday.
Gfinity to operate ePremier League for third year
Esports company Gfinity has been appointed as tournament operator for the third season of the ‘ePremier League’ (ePL), it announced on Thursday.
Arkle Resources discovers new gold-bearing vein
Arkle Resources announced the discovery of a new gold-bearing vein during its recent trenching programme on Thursday.
FTSE 100 movers: Persimmon goes ex-dividend; Polymetal shines
London’s FTSE 100 was down 0. 4% at 6,365. 50 in quiet afternoon trade on Thursday, with US markets closed for Thanksgiving.
EKF partner Kantaro gets FDA authorisation for Covid-19 test
Point-of-care company EKF Diagnostics updated the market on developments at its partner Kantaro Biosciences on Thursday, confirming that it had received Emergency Use Authorization from the US Food and Drug Administration (FDA) for ‘COVID-SeroKlir’, its semi-quantitative SARS-CoV-2 IgG antibody test kit.
Friday preview: Sales kick off; Daily Mirror owner Reach to issue update
There isn’t much scheduled on the corporate front for the end of the week, although a trading update from magazine and newspaper publisher Reach should garner some interest, as the Black Friday sales kick off.
Jefferies ups AO World price target but cuts rating
Jefferies raised its price target on AO World shares but downgraded its rating on the online electricals retailer's stock to 'hold' after the shares surged to a record high.
Repsol cuts dividend for 2021 as it plans boost for renewables
Repsol is set to reduce its dividend in 2021 as it plans to wind down its search for oil in a shift to expand its renewable capacity during the next 10 years.
SSE and Equinor to invest £6bn in offshore wind project
Blue chip utility SSE and its Norwegian partner Equinor have agreed to spend £6bn constructing the first two phases of the giant Dogger Bank wind farm project.
Zambeef EPS tumble on FX headwinds
Beef producer Zambeef said on Thursday that audited dollar-denominated revenues and underlying earnings were in line with current expectations.
Germany to ask EU to close ski resorts
Germany is to push for ski resorts across Europe to stay closed until January, it was reported on Thursday.
Remote Monitored confirms delay to subsidiary's mask production plans
Remote Monitored Systems updated the market on its wholly-owned subsidiary Pharm 2 Farm (P2F) on Thursday, having previously announced that it was expecting the delivery and installation of the new antiviral mask production line around the end of November.
Swathes of England face strictest Covid restrictions
London escaped the most stringent of post-lockdown Covid-19 restrictions but Manchester, Birmingham and Newcastle are among areas faced with strict measures in the runup to Christmas.