Travel-related issues paced gains on the top-flight index as central banks on both sides of the Atlantic, including the Bank of England, US Federal Reserve, and European Central Bank carried out simultaneous emergency actions to help smooth over the dislocations in financial markets.
Investors cheered Elementis's decision to scrap its dividend in response to the "significant demand and operating uncertainty" presented by the coronavirus pandemic.
Stock markets on the Continent managed a higher close on Thursday helped by coordinated actions by central banks on both sides of the Pond and a bounce in crude oil futures.
The focus at the end of the week will continue to be on central banks, with rate-setters in Beijing set to meet to decide on rates.
Analysts at Canaccord Genuity reiterated their 'hold' recommendation for shares of Crest Nicholson after the homebuilder shelved its financial dividend.
Analysts at JP Morgan reiterated their 'overweight' recommendation for shares of Intermediate Capital Group, telling clients that the current share price was pricing "unrealistic downside scenarios".
The boss of IWG, formerly Regus, Mark Dixon, stepped into the market for the third time in the same week on 18 March.
London’s benchmark was back into the green by the close on Thursday, after the Bank of England cut interest rates to 0. 1% - the lowest level in history - from 0. 25%, as it looked to limit the economic fallout from the coronavirus pandemic.
Approximately 120,000 people have already lost their jobs in Hollywood and 50,000 freelancers in the UK are unable to find work due to the coronavirus pandemmc and the ensuing shutdown ordered by government.
NASA and SpaceX announced late on Wednesday that their Demonstration Mission 2 commercial crew launch that would take astronauts to space has been scheduled for mid to late May.
Domino’s Pizza expects to hire about 10,000 workers nationwide in response to the coronavirus pandemic, it said on Thursday.
Window and door manufacturer Safestyle reported an 8. 4% improvement in revenue in its final results on Thursday, to £126. 2m.
UK housebuilders are too cheap, Jefferies said as the broker placed 'buy' ratings on almost all sector stocks after big share price falls caused by the coronavirus crisis.
America's central bank moved rapidly to alleviate the impact from the scramble for US dollars as investors around the world sought out liquidity in the wake of the coronavirus pandemic, including to several of the largest emerging economies.
The Bank of England has cut interest rates to 0. 1% - the lowest level in history - from 0. 25% as it looks to limit the economic fallout from the coronavirus pandemic.
Paypoint suspends dividend to weather Covid-19
Bill payment service provider Paypoint said on Thursday that it was suspending its dividend and will review cost reduction measures as it looks to weather the coronavirus outbreak.
Barratt Developments: Jefferies upgrades to buy with a target price of 729p.
Shares on Wall Street got off to a slightly higher start helped by the latest moves from authorities to offset the fallout from the corovanirus pandemic and the immediate effect of efforts to contain it.
The government faced mounting pressure on Thursday to pay people unable to work because of the coronavirus crisis.
First time unemployment claims in the US leaped last week as the Covid-19 coronavirus disrupted activity across the accommodation, food and transportation sectors.
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