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Stocks on Wall Street finished lower on Friday after data revealed that non-farm payrolls collapsed in March, although a rally in crude oil futures helped to stem losses.
Stocks across the Continent finished the week with moderate selling, despite the release of service sector surveys in Italy and Spain both of which printed at record lows, underscoring the sheer magnitude of the hit from the Covid-19 pandemic.
Brazilian President Jair Bolsonaro lashed out at the “dictatorial” move to stop citizens from going to the beach in his latest tirade against efforts to tackle the coronavirus disease.
London stocks remained weaker by the close on Friday following the release of dismal UK services data, as investors digested a dismal US non-farm payrolls report amid ongoing concerns about the escalating coronavirus pandemic.
Norcros revealed on Friday that chief executive Nick Kelsall's wife Susan had acquired 200,000 ordinary shares in the London-listed construction materials firm.
Gold and base metal explorer Rockfire Resources updated the market on its operations in light of the Covid-19 coronavirus pandemic on Friday, saying it had instigated various measures as a response to the current economic, environmental and financial climate.
Remote location services provider RA International Group has signed a further task order with IAP Worldwide Service for the provision of supply chain services, it announced on Friday.
Ultrasound artificial intelligence software and simulation company Intelligent Ultrasound Group announced on Friday that its ‘BodyWorks’ point-of-care ultrasound simulator (PoCUS), with its newly released free Covid-19 lung ultrasound module, has been made available in the emergency simulation centre at the NHS Nightingale Hospital at London's ExCel centre.
Salt Lake Potash announced the completion of civil earthworks at the process plant and non-process infrastructure site at its Lake Way Project on Friday.
Credit hire and legal services provider Anexo Group updated the market on its final results, as well as the impact of the Covid-19 coronavirus pandemic, on Friday, saying that following Financial Conduct Authority and Financial Reporting Council guidance, its audited results for 2019 would be delayed.
Bookmaking company GVC's Ladbrokes and Coral UK operations are refusing to pay rent on more than 3,000 shops to save cash as the coronavirus pandemic hammered profits, Sky News reported on Friday.
Cloud computing company Iomart Group updated the market on its trading for the year ended 31 March, as well as the impact of the Covid-19 coronavirus pandemic on Friday, saying it expects to deliver another year of revenue growth, “strong” profitability and cash generation, in line with expectations.
