The market spotlight over the coming week will shift towards Asia where a raft of economic indicators are set for release in the People's Republic of China.
European shares finished a week of rampant gains on a positive note, helped by reports that the second wave of Covid-19 cases in Belgium and France might be breaking.
London stocks closed in the red on Friday, as optimism over a Covid-19 vaccine was replaced with concerns about rising cases.
Pershing Square revealed on Friday that non-executive director Andrew Henton had acquired 4,775 ordinary shares in the London-listed hedge fund manager.
The FTSE 100 ended the week 406. 37 points at 6,316. 39.
Barclays upgraded Premier Inn owner Whitbread to ‘overweight’ from ‘equal-weight’ on Friday, lifting the price target to 3,350. 0p from 2,500. 0p, arguing that it’s one of the most attractive recovery plays in the sector following this week's vaccine news.
Bank of America Merrill Lynch double-upgraded its stance on Premier Inn owner Whitbread on Friday, but downgraded InterContinental Hotels following this week’s news of a potential Covid-19 vaccine.
EPE Special Opportunities announced on Friday that it has completed a $2. 5m investment in a segregated account of Prelude Structured Alternatives Master Fund, satisfied by cash payment.
Revolution Bars said that more than 88% of its creditors had voted in favour of the company voluntary arrangement it announced last month, which will lead to the imminent closure of six bars.
US consumer dipped unexpectedly at the start of November as Americans reacted to the results of the presidential election and the rising number of Covid-19 cases, a closely-followed revealed.
Wall Street stocks opened higher on Friday, putting major indices on track for a winning week.
London’s FTSE 100 was down 0. 3% at 6,321. 85 in afternoon trade on Friday.
Minerals exploration and development company Alien Metals announced on Friday that, following the earn-in agreement with Capstone Mining over the Donovan 2 copper-gold project in Mexico, Capstone has commissioned a detailed close-spaced surface induced polarisation (IP) geophysical survey across the majority of the tenement.
Synairgen shares surged on Friday after data from trials of its inhaled Covid-19 treatment, SNG001, published in The Lancet Respiratory Medicine, showed positive results in hospitalised patients.
Bacanora Lithium announced on Friday that the board of its cornerstone investor and offtake partner Ganfeng Lithium has approved the exercise of its option to increase its stake in Sonora Lithium (SLL) to 50%, from 22. 5%.
Analysts at Canaccord Genuity raised their target price on business services group Grafton from 835. 0p to 930. 0p on Friday following the firm's trading update from a day earlier.
A top US central bank official sounded a positive note on the economy's ability to adjust to the pandemic, even as he cautioned of the remaining "substantial" downside risks.
America's largest food delivery platform has filed to go public.
Credit Suisse upped Royal Mail to ‘neutral’ from ‘underperform’ on Friday, hiking the price target 261p from 94p as it said the UK outlook has been improved by pandemic-driven tailwinds.
West Africa and India-focussed gold exploration and development company Panthera Resources announced its plans to restart fieldwork at the Bido Project on Friday, in the prolific Boromo greenstone belt within the Birimina terrain of Burkina Faso.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news 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.