Market Report
High street shows green shoots of recovery despite slide in footfall
Shopping habits started to show tentative signs of recovery in June as lockdown measures were eased, industry data showed on Friday.
Friday preview: US producer prices, French industrial production in focus
The main economic report scheduled for release at the end of the week is for producer prices in the US during the month of June at 1330 BST.
US close: Mixed performance on the Street following jobless data
Wall Street stocks turned in a mixed performance on Thursday, with the Dow Jones crossing below the 26,000 barrier following this week's jobless claims data.
London close: Stocks finish weaker as pandemic fears roll on
London equity markets finished weaker on Thursday, with Rolls-Royce pacing the decline after a first-half trading update, while a firmer pound also weighed on stocks.
Broker tips: Hargreaves Lansdown, Non-Standard Finance
Analysts at Berenberg hiked their target price on asset manager Hargreaves Lansdown from 1,705p to 1,830p on Thursday, stating the firm had experienced a "step-change in customer growth" during the UK's Covid-19 lockdown.
Director dealings: Toople CEO makes share purchase
Toople revealed on Thursday that chief executive Andy Hollingworth had acquired 10. 59m ordinary shares in the London-listed internet services provider.
Angus Energy strikes gas construction deal with National Grid
Angus Energy updated the market on progress made on its interests at Saltfleetby on Thursday, reporting that its wholly-owned subsidiary Angus Energy Weald Basin No. 3 has entered into a gas construction agreement with National Grid.
Allergy Therapeutics pleased with invalidation of B301 trial data
Biotechnology company Allergy Therapeutics announced the outcome of scientific advice from the German Regulatory Authority, the Paul Ehrlich Institute (PEI), over invalidation of the primary endpoint data of the Birch MATA MPL pivotal phase 3 clinical trial, or ‘B301’, on Thursday.
FTSE 250 movers: Micro Focus loses ground; Grafton gains
London’s FTSE 250 was down 0. 3% at 17,133. 74 in afternoon trade on Thursday.
Liberum lowers target price on Non-Standard Finance
Analysts at Liberum slashed their target price on home credit provider Non-Standard Finance from 47p to 24. 3p on Thursday but stood by their 'buy' rating on the group.
US open: Dow falls below 26,000, wipes out Wednesday's gains
Wall Street stocks opened mixed on Thursday, with the Dow Jones crossing below the 26,000 barrier following this week's jobless claims data.
FTSE 100 movers: Rolls-Royce retreats; Persimmon leads housebuilders higher
London’s FTSE 100 was down 0. 8% at 6,109. 37 in afternoon trade on Thursday.
Advanced Medical Solutions expects Covid impact to tail off through second half
Advanced Medical Solutions Group updated the market on its trading on Thursday, reporting “significant progress” in a number of areas, despite the adverse impact of Covid-19.
Berenberg raises target price on Hargreaves Lansdown
Analysts at Berenberg hiked their target price on asset manager Hargreaves Lansdown from 1,705p to 1,830p on Thursday, stating the firm had experienced a "step-change in customer growth" during the UK's Covid-19 lockdown.
US jobless claims fall more than expected
Weekly jobless claims in the US fell more than expected last week, according to figures released on Thursday.
DX joins Covid-19 testing logistics consortium
Logistics provider DX announced on Thursday that its DX Express division has joined a consortium of UK parcel delivery providers, to manage the nationwide collection and delivery of Covid-19 home-testing kits.
Boots to cut more than 4,000 jobs due to pandemic
It was another grim day for the retail sector as pharmacy chain Boots joined department store John Lewis in announcing a round of job cuts due to the coronavirus pandemic.
Belvoir to take over the Nottingham's estate agent services
Estate agent franchise Belvoir Group has entered into a strategic alliance with the Nottingham Building Society, it announced on Thursday.
GVC rallies after upping investment in joint venture BetMGM
Ladbrokes owner GVC Holdings rallied on Thursday after agreeing with joint-venture partner MGM Resorts to increase investment in its US sports betting and online gaming business.
Science in Sport H1 revenues drop less than expected
Sports nutrition business Science in Sport posted a softer than expected drop in revenues during the first half of 2020, driven by a shift to online sales and strong growth in the US.