Market Report
UK consumer confidence up by most in a decade - Deloitte
UK consumer confidence jumped by the highest margin in at least 10 years in the first quarter of 2021 as lockdown eased and vaccinations progressed, a survey showed.
Week ahead: Federal Reserve, US Q1 GDP in focus
The market spotlight over the coming week will be on the Federal Reserve as central bankers in the US meet to decide on policy on Wednesday.
Europe close: Stocks pare losses thanks to better-than-expected PMIs
European markets finished the Friday session slightly lower, but well off their worst levels, with investors shaking off news of looming tax hikes in the States, even as they kept a wary eye on the Covid-19 surge in India.
London close: Stocks marginally higher after raft of data
London stocks managed to finish just above the waterline on Friday, after a turbulent session, with investors rifling through a raft of positive economic data out of the UK.
Broker tips: Domino's Pizza, Spectris
Analysts at Berenberg reiterated their 'sell' rating on fast-food chain Domino's Pizza on Friday, stating that its concerns regarding the stock remained unabated following the group's full-year results and first-quarter update.
Plant Health Care losses narrow as commercial arm turns cash positive
Agricultural biological products company Plant Health Care said cash used in operations reduced to $2. 5m (£1. 8m) in its final results on Friday, from $4. 4m in the prior year.
Novacyt makes progress with Covid-19 programmes
Clinical diagnostics specialist Novacyt updated the market on the progress of its near-term Covid-19 research and development programmes on Friday, addressing “rapidly-evolving” testing demands, particularly as SARS-CoV-2 continued to mutate globally.
Wishbone Gold submits programme of works for Red Setter
Wishbone Gold announced on Friday that a programme of works has been formally submitted by its consultants Terra Search to the Western Australian Government's Department of Mines, Industry Regulation and Safety (DMIRS), for the Red Setter project on the Patersons Range.
US open: Stocks trade higher following yesterday's sell-off
Wall Street stocks were in the green on Friday after concerns about an increase in capital gains taxes prompted a market-wide sell-off yesterday.
Europe midday: US tax rise reports keep investors in check
European markets remained muted on Friday as investors kept a wary eye on the Covid-19 surge in India and reports of broader US tax rises, despite positive manufacturing surveys in the Euro zone.
Biden eyeing hike in US capital gains tax to over 40% - Bloomberg
America's President is set to lay out plans to nearly double US taxes on capital gains to 39. 6%.
US pre-open: Futures slightly higher after fears of a capital gains tax hike sparks sell-off
Wall Street futures were slightly higher ahead of the bell on Friday after concerns about an increase in capital gains taxes prompted a market-wide sell-off yesterday.
London midday: Stocks dip despite barrage of positive readings on the economy
Stocks are holding lower at the end of the week despite very positive news out on the UK economy, after Bloomberg reported that Democrats on Capitol Hill want to double the US capital gains tax to nearly 39. 6%.
Berenberg reiterates 'sell' rating on Domino's
Analysts at Berenberg reiterated their 'sell' rating on fast-food chain Domino's Pizza on Friday, stating that its concerns regarding the stock remained unabated following the group's full-year results and first-quarter update.
Asia report: Markets mostly higher as Covid-19 surges in India
Markets in Asia were mostly higher as they closed on Friday, with Japan’s bourse being the prominent exception, as the coronavirus crisis continued to explode in India.
Diurnal granted European patent for Alkindi
Hormonal disease-focussed speciality pharmaceutical company Diurnal Group announced the grant of a patent for ‘Alkindi’, or hydrocortisone granules in capsules for opening, by the European Patent Office on Friday.
Rockfire Resources announces multiple new targets at Plateau
Gold and base metals exploration company Rockfire Resources announced on Friday that a ground magnetic survey had highlighted multiple new target structures at its wholly-owned Plateau gold deposit in the north of the Australian state of Queensland.
Baron Oil completes earn-in at Chuditch discovery
Oil and gas exploration company Baron Oil announced the completion of its earn-in for an increased interest in the Chuditch discovery and prospects on Friday.