The focus over the coming week will be on reports covering gross domestic product and the labour market in May.
The Sunday Times's Sabah Meddings told readers of her 'Inside the City' column to 'buy' shares of PureTech, citing the the drug maker's ingenious 'portfolio' approach and ample pipeline of treatments in various phases of development.
Taxes and red tape will be slashed in towns and cities across the country next year, under government plans for a post-Brexit and post-coronavirus economic revolution. Rishi Sunak, the Chancellor, is preparing to introduce sweeping tax cuts and an overhaul of planning laws in up to 10 new "freeports" within a year of the UK becoming fully independent from the European Union in December, The Telegraph can reveal. - Sunday Telegraph.
Gains for lenders' shares and among Technology stocks saw Europe's main stockmarket gauges finish the week on an up note, with the latter extending their breakout to multi-year highs.
London's second-tier index notched up a gain of 0. 76% in the final session of the week to 6,095. 41.
Analysts at Morgan Stanley reiterated their 'underweight' recommendation on shares of BP and their forecast for a 50% dividend cut in 2020.
London stocks remained in the green on Friday afternoon to close in positive territory, despite ongoing concerns about a rise in new coronavirus cases and a gloomy economic forecast from ratings agency Moody’s.
The FTSE 100 ended the week down 61. 89 points at 6,095. 41.
Peel Hunt upped its price target on cybersecurity company Avast to 355p from 322p on Friday, citing higher revenue expectations as people spend more time on their computers due to the Covid-19 pandemic.
Condor Gold revealed on Friday that non-executive director James Mellon had acquired 400,000 ordinary shares in the AIM-listed precious metals group.
Wall Street trading began on a mixed note on Friday as Covid-19 cases continued to rise across the country.
London’s FTSE 250 was up 1. 2% at 17,186. 21 in afternoon trade on Friday.
Credit Suisse upped its price target on Persimmon and reinstated its dividend target after the housebuilder's positive trading statement.
Dispute financing specialist Litigation Capital Management updated the market on its recent trading on Friday, reporting “consistent performance” since its half-year results, which it said was reflected in its nine-year portfolio return on invested capital of 134%, and its cumulative portfolio internal rate of return of 78%.
Money supply growth in China cooled last month but some economists were confident that it would prove temporary.
Asset manager Standard Life Aberdeen confirmed on Friday that it had sold most of its shares in fast-fashion retailer Boohoo, arguing that its response to allegations of poor working conditions at supplier factories was "inadequate".
The head of German biotechnology outfit BioNTech thinks that his company will be file for regulatory approval of its Covid-19 vaccine before the end of 2020.
Carnival said it expected to dispose of 13 ships and to take delivery of five of nine originally ordered as the cruise company seeks to adjust to reduced demand for its cruises.
The owner of football gaming company Football Pools was said on Friday to be looking to buy a stake in beleaguered shoe retailer Clarks.
Analysts at Liberum reiterated their 'buy' rating on video games developer Codemasters on Friday, stating the group was "ready to wow".
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