Investors in Financial Services got the short end of the stock on Friday, as shares in the London Stock Exchange Group were hit by a wave of selling after the stockmarket operator flagged its intention to increased spending on its integration with Refinitiv in 2021.
The market spotlight during the coming week will shift to the outlook for inflation around the world.
European shares slipped at the end of the week dragged down by Travel and Leisure names, amid mounting Covid-19 case counts in many countries, especially in Eastern Europe and Italy.
London stocks finished lower at the end of the week following the release of a better-than-expected US non-farm payrolls report for February.
Caerus Mineral Resources revealed on Friday its plans to go public on the London Stock Exchange.
Lord Davies of Abersoch picked up some shares in Intermediate Capital Partners as the stock's price approached its record highs again.
"Better, and more better is coming next month and beyond. ".
Credit Suisse reiterated its 'outperform' recommendation for shares of BT Group, labelling the stock an 'inflection story' and arguing that it was set to benefit from several tailwinds - including rising inflation and government bond yields.
The surge in holidaymakers choosing to stay on the UK seaside for the holidays this year has caused a rise in the cost of accommodation by an average of 35% compared to 2020.
London’s FTSE 250 was down 1% at 21,090. 84 in afternoon trade on Friday.
Volkswagen’s namesake brand is planning to accelerate its shift to EVs and to double its European sales by 2030.
Aggreko: Peel Hunt upgrades to hold with a target price of 880p.
America's shortfall in trade with the rest of the world widened at the start of 2020, as import outgrowth continued to outpace overseas sales.
London’s FTSE 100 was up 0. 8% at 6,701. 63 in afternoon trade on Friday.
US non-farm payrolls rose a lot more than expected in February as Covid cases fell and some restrictions were lifted, while the unemployment rate ticked lower, according to data released by the Labor Department on Friday.
Parsley Box said it would float on the stock exchange to expand its business selling ready meals to people aged 60 or over.
Liberum upped its price target on shares of B&M European Value Retail to 650p from 600p on Friday following the company’s trading update a day earlier.
Vectura delayed the publication of its annual results after KPMG asked for more time to audit the accounts because of a staff shortage caused by Covid-19.
European shares pared back morning losses at midday as oil and bank stocks found favour with investors after earlier falls when US Federal Reserve Chair Jerome Powell failed to calm investors over rising bond yields.
European shares started the final session of the week lower after US Federal Reserve Chair Jerome Powell failed to calm investors over rising bond yields.
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