Leisure related stocks powered Thursday's 3. 44% advance on the FTSE 250 to 16,407. 92.
Insurers' shares paced the market advance at the end of the holiday-shortened week, benefiting from the general 'risk-on' environment and positive analyst chatter.
The number of Americans filing for unemployment benefits last week was much higher than expected as the coronavirus pandemic continues to take its toll, according to figures released by the Labor Department on Thursday.
Stocks on the Continent finished higher at the end of the week and near their best levels of the session, as investors mulled progress in containing the Covid-19 pandemic and in some cases reassessed the likelihood of a gradual roll-back in social-distancing measures over coming weeks.
Analysts at Berenberg lowered real estate firm Assura from 'buy' to 'hold' on Thursday, stating the group's "opportunistic" share placing would stress dividend cover.
Easyjet has clinched a deal with jet manufacturer Airbus to defer the delivery of 24 new aircraft over the next roughly three years to boost its short-term liquidity and to ready the business for when the European airspace starts to reopen.
Maintaining operations in the wake of the Covid-19 pandemic has now become impractical, one of the UK's largest homebuilders said.
London stocks managed to finish the last session of a truncated week in the green on Thursday, as investors spent the afternoon digesting the latest US jobless claims data.
Invinity Energy Systems revealed on Thursday that chief executive Lawrence Zulch had acquired 40,000 ordinary shares in the AIM-listed batteries manufacturer.
Moscow and Riyadh have reached an agreement in principle to cut their crude oil output.
Analysts at Berenberg lowered real estate firm Assura from 'buy' to 'hold' on Thursday, stating the group's "opportunistic" placing would stress dividend cover.
The FTSE 100 ended the week up 427. 16 points at 5,842. 66.
America's central bank stepped up to the plate yet again with plans to provide as much as $2. 3trn in financing for the private sector, especially for small and medium-sized companies, alongside local and state governments.
US consumer confidence registered its largest monthly drop ever in April, although a key gauge of Americans' expectations for the future help up relatively well all things considered.
Beleaguered Gulf hospital operator NMC Health was placed in administration on Thursday after one of its largest creditors took legal action.
Dukemount Capital updated the market on the West Derby project in the north west of England on Thursday, reporting that it was still on schedule for completion in August.
The UK economy could contract by between 15% and 25% in the second quarter if the lockdown continues, the National Institute of Economic and Social Research (NIESR) said on Thursday.
Ailing department store chain Debenhams officially filed for administration on Thursday, for the second time in a year.
US stocks opened higher on Thursday following some gloomy data as sentiment got a boost from news that the Federal Reserve was looking to provide as much as $2. 3trn in financing for the private sector.
Economic authorities are likely very right in their move towards massive relief measures to limit the hit to economic activity from the Covid-19 pandemic, one of the market's best known bears predicted.