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28 Aug
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Europe close: Stocks dip, euro continues to gain strength

European markets finished the week on a down note as the single currency continued gaining altitude with disappointing data from France and Germany pulling the Continent’s benchmark indices lower.

28 Aug
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Week ahead: Brexit, US non-farm payrolls in focus

Investors returning from the Bank holiday will have their work cut out for them.

28 Aug
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London close: Stocks finish weaker as pound surges

London’s top-flight index closed in the red ahead of the bank holiday weekend, weighed down by a sharp move higher in sterling.

28 Aug
Weekly review

The FTSE 100 ended the week down 38. 32 points at 5,963. 57.

28 Aug
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Boohoo slumps as supply chain scandal intensifies

Boohoo shares slumped on Friday following a report the fast-fashion retailer has been selling clothes made by at least 18 factories in Leicester, which according to audits have failed to prove they pay workers the minimum wage.

28 Aug
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Broker tips: Rolls-Royce, DMGT, WPP

There are three new reasons for investors to cut their holdings in Rolls-Royce, JP Morgan said as it reduced its price target on the engine maker.

28 Aug
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Director dealings: Wizz Air CEO makes share sale

Wizz Air said on Friday that chief executive Jozsef Varadi had disposed of 75,000 ordinary shares in the London-listed airline.

28 Aug
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Friday broker round-up

CLS Holdings: Berenberg reiterates buy with a target price of 270p.

28 Aug
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FTSE 250 movers: Carnival cruises higher; Avon Rubber falls

London’s FTSE 250 was up 0. 1% at 17,775. 68 in afternoon trade on Friday.

28 Aug
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Hedge fund makes record bet against Lloyds shares

One of Europe's biggest hedge funds has made a record bet against Lloyds Banking Group's share price, according to a report.

28 Aug
US consumer sentiment edges up in August

Consumer sentiment in the US improved a touch in August, according to final figures released on Friday.

28 Aug
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US open: Dow Jones on track to erase 2020 losses

Wall Street stocks opened higher on Friday, with the Dow Jones set to erase all of its 2020 losses at the open as a record-breaking rally for the index looks set to continue.

28 Aug
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Workspace suits 'hub and spoke' office future, JP Morgan says

Workspace is best placed to benefit from a shift towards a "hub and spoke" model for corporate real estate, JP Morgan said as it cut its target price on the company's shares.

28 Aug
Chicago PMI edges lower in August

Economic activity in the Chicago area deteriorated a touch in August but remained in expansion mode, according to figures released on Friday.

28 Aug
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Bailey says BoE has more firepower to combat crisis

The Bank of England has more firepower available to combat the economic impact of Covid-19, Governor Andrew Bailey said.

28 Aug
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Barclays hikes target for WPP, says company guidance too conservative

Analysts at Barclays reiterated their 'overweight' recommendation for shares of WPP, arguing that the company's guidance for sales growth and operating margins was too "conservative".

28 Aug
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FTSE 100 movers: Precious metals miners shine; Rolls-Royce loses again

London’s FTSE 100 was flat at 6,000. 87 on Friday afternoon in very quiet trade ahead of the bank holiday weekend.

28 Aug
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Codemasters releases 'Project CARS 3' motorsport game

Video game developer and publisher Codemasters confirmed the release of ‘Project CARS 3’ on Friday for Sony’s PlayStation 4, Microsoft’s Xbox One, and the PC platform via Steam.

28 Aug
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Europa Metals upbeat on latest testwork at Toral

Europe-focussed lead-zinc and silver developer Europa Metals announced the results of the phase 3 independent metallurgical testwork conducted by Wardell Armstrong International (WAI), and the findings of a successful ore sorting analysis programme carried out by WAI and TOMRA overseen by Bara Consulting, on its wholly-owned Toral project in northern Spain on Friday.

28 Aug
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Oracle Power and partners to meet with Pakistan authorities

Oracle Power updated the market on Friday, reporting that itself and its consortium partners China National Coal Development Company and the private office of His Highness Sheikh Ahmed Bin Dalmook Juma Al Maktoum have been invited to meet with Pakistan’s Private Power and Infrastructure Board (PPIB) in early September, to present the Thar Block VI project implementation plan with a view to finalising the award of a letter of intent.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.