Market Report
US close: Small gains on the Street despite conflicting reports on US-China trade deal
US trading closed on a somewhat mixed note on Friday following a record close for the Dow Jones in the previous session, as Donald Trump said no agreement had been struck to roll back tariffs on China.
London close: Stocks sink deeper as trade optimism flounders
London stocks had sunk deeper into the red by the close on Friday, as optimism over a trade deal between the US and China continued to fade.
Europe close: Stocks finish lower as trade concerns reign
European stocks were in the red at the close on Friday, as trade deal confusion reigned following conflicting reports from Washington, while Chinese and German customs data topped expectations.
Director dealings: Schroders chairman lowers stake
Schroders revealed on Friday that chairman Michael Dobson had sold 41,641 ordinary shares in the FTSE 100-listed investment manager.
Broker tips: Hiscox, BT
Analysts at Canaccord Genuity upped their rating on shares of insurance firm Hiscox from 'hold' to 'buy' on Friday, saying the share price reaction to the group's trading update earlier this week appeared to be overdone.
Mamas & Papas reaches out to administrators in an attempt to stem losses
British maternity chain Mamas & Papas has reached out to administrators as part of an effort to work its way through mounting losses.
Hurricane Energy talks down speculation at Warwick West well
Oil and gas company Hurricane Energy responded to market speculation around the 204/30b-4, or ‘Warwick West’, well on Friday.
Range Resources extends closing date for drilling rig sale
Oil and gas and oilfield services company Range Resources updated the market on the sale of four drilling rigs and related equipment of its subsidiary Range Resources Drilling Services on Friday.
W Resources makes progress at La Parrilla as it seeks further funding
Spain and Portugal-focussed Tungsten, tin and gold mining company W Resources updated the market on progress and funding at the La Parrilla mine in Spain on Friday.
ITV sells London Television Centre for £145.6m
Broadcaster ITV has exchanged contracts for the sale of the London Television Centre on the South Bank to Mitsubishi Estate London for £145. 6m in cash.
US open: Stocks mixed as Trump says no agreement to roll back tariffs
US trading began on a mixed note on Friday following a record close for the Dow Jones in the previous session, as President Trump said no agreement had been struck to roll back tariffs on China.
US consumer sentiment improves a touch in November
US consumer sentiment improved a little in November, according to a preliminary reading from the University of Michigan.
FTSE 250 movers: Ferrexpo falls, Games Workshop surges
London's FTSE 250 was 0. 33% lower at 20,365. 23 in afternoon trade on Friday, with Ferrexpo leading the index downward.
Windar Photonics warns on profits
Windar Photonics warned on Friday that its full-year results were set to be below market expectations.
FTSE 100 movers: Miners retreat on trade news; Hiscox recovers
London's FTSE 100 was down 0. 5% at 7,368. 60 in afternoon trade on Friday as hopes of a trade deal between the US and China faded.
Aura Energy asks Sweden to settle over uranium ban
Aura Energy has provided Sweden a written notification under the Energy Charter Treaty, it announced on Friday.
WANdisco reports progress with Microsoft partnership
Live data company WANdisco updated the market on its partnership with Microsoft on Friday, reporting that it co-presented with the technology giant at the vendor’s customer and partner event ‘Ignite’, explaining that it was “deeply embedding” its ‘Fusion’ product into the Microsoft ‘Azure’ platform.
EasyJet, Jet2 buy Thomas Cook airport slots
Thomas Cook's slots at Gatwick and Bristol airports have been sold to EasyJet for £36m, while Jet2 has bought its slots at Manchester, Birmingham and London Stansted airports for an undisclosed sum.
Solo Oil blindsided by Aminex announcement on Ruvuma
Gas-focussed production and development company Solo Oil noted an announcement from Aminex on Friday, with regards to the Ruvuma Petroleum Sharing Agreement, in which it has a 25% interest.
Savannah Petroleum moves Seven Energy transaction to completion stage
Niger and Nigeria-focussed independent oil and gas company Savannah Petroleum updated the market on the Seven Energy transaction on Friday, reporting that final long-form documentation relating to the Seven Energy Group financial restructuring had now been agreed.