Stocks across the Continent finished slightly lower on Friday, despite data showing a sharp slowdown in services sector growth inside the single currency block.
London’s top-flight index ended in the red on Friday, as investors mulled over a raft of economic data, with sterling under the cosh after the EU blamed the UK for deadlocked Brexit talks.
The FTSE 100 ended the week down 88. 15 points at 6,001. 89.
Analysts at RBC Capital Markets cut their target price on real estate investment trust Hammerson from 65. 0p to 55. 0p on Friday, stating the group's planned restructuring marked a "big change in strategy".
Whitbread revealed on Friday that human resources director Louise Smalley had disposed of 1,742 ordinary shares in the FTSE 250-listed hotel operator.
Developer and housebuilder Inland Homes announced on Friday that its asset management division has entered into agreements relating to the acquisition and development of one of the largest brownfield sites in London - the 36. 7 acre Cavalry Barracks in Hounslow.
Proton cancer treatment developer Advanced Oncotherapy has drawn down an initial $10m (£7. 65m) from the interest-bearing secured convertible facility with Nerano Pharma, it announced on Friday.
Biotechnology company Tiziana Life Sciences announced on Friday that the United States Patent and Trademark Office (USPTO) has granted a patent on use of ‘Milciclib’ in combination with tyrosine kinase inhibitors (TKIs) such as ‘Sorafenib’, ‘Regorafenib’ and ‘Lenvatinib’ for the treatment of hepatocellular carcinoma (HCC) and other cancers in humans.
Deutsche Bank downgraded housebuilder Bellway to ‘hold’ from ‘buy’ on Friday, saying the shares are largely "up with events".
Sustainable energy company Simec Atlantis Energy announced on Friday that it has entered into an exclusive debt financing agreement with South Korean financial institution Hana Financial Investment (HFI) to work together to fund 100% of the 110MW first phase of the Uskmouth conversion project, through a senior secured loan to SIMEC Uskmouth Power (SUP).
Financial services company Manx Financial Group announced what it described as “significant” government-approved appointments in the Isle of Man and the UK on Friday.
Wall Street stocks were higher at the bell on Friday, with the Nasdaq Composite hitting a fresh intraday high as a record week for indices gets set to draw to a close.
Activity levels at both US factories and among services sector firms picked up substantially in August, according to the results of two closely-followed surveys.
London’s FTSE 250 was up 0. 1% at 17,508. 76 in afternoon trade on Friday.
Existing home sales in the US jumped last month at nearly twice the pace that economists had forecast.
London’s FTSE 100 was down 0. 5% at 5,986. 20 in afternoon trade on Friday.
Bellway: Deutsche Bank downgrades to hold with a target price of 2,422p.
Gas and electricity supplier Ovo Energy has paid a voluntary £1. 2m fine as its recently-acquired SSE Energy Services unit failed to hit smart meter installation targets last year.
The European Commission on Friday approved a €290m aid package for German carrier Lufthansa's Belgian unit Brussels Airlines, to help it withstand the impact of the coronavirus pandemic.
European Union Brexit negotiator Michel Barnier said talks between the UK and the EU went "backwards” this week, adding that negotiators are “wasting valuable time”.
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