Stocks in London finished firmer on Friday, as Investors digested the latest US jobs report and tried to map out the potential implications and risks following news that the US President and the First Lady had tested positive for Covid-19.
Europe close: Investors breathe sigh of relief, Trump 'active', Pence, Biden and Harris test negative
European stocks finished higher following reports that US President Donald Trump and the First Lady only had mild Covid-19 symptoms, while Vice-President Michael Pence and Democratic electoral rivals Joe Biden and Kamala Harris had all tested negative, ensuring that there would not be a leadership vacuum in Washington D. C.
The FTSE 100 ended the week up 59. 45 points at 5,902. 12.
Dechra Pharmaceuticals revealed on Friday that executive director Paul Sandland had sold 2,474 ordinary shares in the FTSE 250-listed veterinary drugmaker.
Wall Street stocks opened lower on Friday as news that Donald Trump and the First Lady had tested positive for Covid-19 and a weaker-than-expected non-farm payrolls report weighed on sentiment.
The US jobs market continued to show signs of slowing down a bit last month.
Boris Johnson and Ursula von der Leyen will hold personal talks this weekend in an attempt to take Brexit trade negotiations into the so-called tunnel phase.
France's engineering and infrastructure operator Vinci made a non-binding €5. 2bn offer to Spanish infrastructure group ACS for its industrial unit.
Tesla chief executive officer Elon Musk said on Friday via Twitter that the electric carmaker would enter the Indian market in 2021 “for sure”.
Analysts at Berenberg downgraded bookmaker William Hill to 'hold' from 'buy' on Friday after the group accepted a $2. 9bn takeover bid from the owner of Caesar's Palace.
Specialist media company Future announced the acquisition of digital entertainment publisher CinemaBlend on Friday.
Stocks are holding lower ahead of the release of the US jobs report for September as investors try to map out the potential implications and risks following news that the US President and the First Lady had tested positive for Covid-19.
Specialist independent asset manager Liontrust Asset Management announced on Friday that its indirect subsidiaries, Liontrust Investment Partners and Liontrust Fund Partners, have entered into a conditional agreement to sell the Asia Income investment team to Somerset Capital Management.
Holders Technology announced the creation of a 50-50 joint venture with Senson on Friday, to be known as Holders Technology Data Analytics (HTDA).
Bahamas Petroleum Company updated the market on the current status of two contract arrangements in Trinidad & Tobago on Friday, with the first being the extension of the incremental production service contract at Goudron, pending a new 10-year enhanced production sharing contract.
Wall Street futures had stocks opening lower ahead of the bell on Friday after Donald Trump announced both he and the First Lady had tested positive for Covid-19.
The Issa brothers (founders and co-CEOs of EG Group), together with TDR Capital are set to acquire Asda from Walmart in a $8. 8bn deal, revealed Asda in a press release on Friday.
UK Oil & Gas has raised £2. 2m of new equity to fund its share of initial drilling at the Turkish Resan project.
European stocks were lower at lunchtime on Friday on news that US President Donald Trump and his wife Melania had contracted Covid-19, increasing uncertainty for investors around the outcome of the election next month.
The analyst consensus for euro area consumer prices was off by an unusually wide margin last month, as inflation fell back across all categories outside of unprocessed food.
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