Stocks in Europe sliding lower again at the end of the week as the number of reported coronavirus cases in China continued climbing, reaching 9,950.
US stocks opened lower on Friday as investors continued to monitor and assess the potential economic impact of the fast-spreading Wuhan coronavirus.
London stocks fell further into the red on Brexit day as two UK cases of coronavirus were confirmed, adding to concerns about the spread of the deadly infection.
With little doubt, the market spotlight over the coming week - and the next weekend - will continue to be on the new China coronavirus, with investors likely to be especially attuned to any sign that the rate of contagion might be slowing.
HSBC took an axe to its target price for shares of BT Group and downgraded its recommendation on the stock following what it labelled an "underwhelming" set of third quarter financials.
Wizz Air revealed on Friday that chief financial officer Iain Wetherall had acquired 6,250 ordinary shares in the London-listed airline.
Americans continued to be in a buoyant mood at the end of 2019 as record low unemployment helped offset the impact of a raft of negative events overseas.
Stocks in Europe were sliding lower again at the end of the week as the number of reported coronavirus cases in China continued to climb, reaching 9,950.
Analysts at Berenberg hiked their target price on shares of budget airline Wizz Air from 3,700. 0p to 4,000. 0p on Friday, telling clients that the airline's stock continued to reflect its "superior" growth prospects.
US President Donald Trump is set to put the interests of American corporations first and demand that the NHS pay higher prices for American drugs as part of a trade deal with Britain.
Life sciences company OptiBiotix Health and its partner Agropur announced the launch of ‘SlimBiome’ in the North American market on Friday.
London’s FTSE 250 was down 0. 5% at 21,195. 11 in afternoon trade on Friday.
Manufacturing activity in the Chicago area slumped further at the turn of the year, declining at its quickest pace since the end of 2015.
Pharmaceutical services company Open Orphan announced a fundraising to raise a minimum of £5m before expenses via a conditional placing of new ordinary shares on Friday, at a price of 6. 1p each, to institutional and other investors.
Clinical diagnostics company Novacyt announced on Friday that its molecular diagnostics division Primerdesign has launched a new molecular test for novel coronavirus, or ‘2019-nCoV’.
Niger and Nigeria-focussed oil and gas company Savannah Petroleum announced on Friday that its Accugas operation has entered into a new interruptible gas sales agreement with First Independent Power (FIPL), in relation to the provision of gas sales to the FIPL Afam power plant.
Shares of magazine publisher Future tumbled on Friday after London-based research firm and short-seller Shadowfall Research said it was short the stock, arguing that it’s overvalued.
Irish commercial property investor Yew Grove REIT has agreed a €9. 9m increase to its three-year floating rate loan facility with Allied Irish Banks, it announced on Friday.
South East Asia-focussed upstream oil and gas company Coro Energy announced on Friday that, following the successful drilling at the Duyung PSC, it was pursuing its strategy to grow through acquiring material, low risk assets with “significant” upside.
Stocks in Europe started the session higher at the end of the week with the latest economic data out of China somewhat surprisingly perhaps helping to lift the mood among investors.
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