Cyclicals were at the fore on Wednesday, with Forestry and Paper stocks topping the leaderboard on the back of upbeat medium-term projections from two trade groups.
The market spotlight on Thursday will be on the US jobs market with investors likely to be keeping close tabs on the latest weekly unemployment claims figures.
London stocks finished in the green on Wednesday, as investors brushed aside news that the UK’s post-lockdown recovery was losing steam.
Analysts at JP Morgan Cazenove initiated coverage on fashion retailer Boohoo with an 'overweight' rating on Wednesday.
Superdry revealed on Wednesday that executive director Julian Dunkerton had acquired 154,809 ordinary shares in the London-listed closing retailer.
Hummingbird Resources updated the market on the Dugbe Gold Project and the acquisition of ARX Resources by Pasofino Gold on Wednesday.
Shares of US stockmarket darling Tesla were on the skids after the outfit underwhelmed investors at its 2020 Battery Day.
Agricultural services producer Origin Enterprises announced the appointment of TJ Kelly as its new chief financial officer on Wednesday.
London’s FTSE 250 was up 1. 1% at 17,011. 68 in afternoon trade on Wednesday.
Immunodiagnostics group Oncimmune Holdings has signed a collaboration with Roche subsidiary Genentech, it announced on Wednesday, to characterise the autoantibody profiles of patients in clinical trials for rheumatological diseases, including systemic lupus erythematosus (SLE).
US economic output put paid to the third quarter with a solid pace of expansion in September, the results of a closely-watched survey revealed.
Wall Street trading got off to a mixed start on Wednesday amid heightened restrictions to stem Covid-19 cases in Europe and an ongoing stalemate in negotiations for a second stimulus bill.
Morgan Stanley lifted its price targets on budget airlines Ryanair and Wizz Air as it argued that they remain "the best plays for recovery".
London’s FTSE 100 was up 1. 4% at 5,910. 83 in afternoon trade on Wednesday.
The novel coronavirus will exact a much higher toll on job markets around the world than previously feared, according to the global watchdog for labour.
Hyundai Heavy Industries Holdings are in talks with the European Union antitrust regulators over its bid for Daewoo, reported Reuters on Wednesday.
Analysts at JP Morgan hailed Diploma's plans to acquire Windy City Wire, in turn bumping up their target price and recommendation for the shares.
Diploma: JP Morgan upgrades to overweight with a target price of 1,960. 0p.
Diploma shares surged on Wednesday after the company successfully raised around £190m in a placing to help fund the acquisition of US-based wire and cable distributor Windy City Wire Cable and Technology Products and said it will pay a dividend.
The world's largest hydropower company has kicked-off a bookbuilding exercise for the sale of Global Depositary Receipts representing 5% of its capital prior to the offering.
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