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11 Dec
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Sector movers: Auto and Oil&Gas stocks pace losses

Some of the most cyclical areas of the stock market, such as Autos&Parts and Oil&Gas, were the worst hit at the end of the week as a raft of negative news headlines hit the wires, especially those around Brexit talks with the European Union.

11 Dec
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Europe close: Brexit worries, US stimulus doubts weigh on sentiment

European shares extended losses on Friday as a no-deal Brexit became an increasingly likely prospect with both sides talking down hopes of an agreement and stimulus talks on Capitol Hill hit a snag.

11 Dec
ep el primer ministro de reino unido boris johnson
London close: Stocks finish weaker amid no-deal Brexit warnings

London stocks closed in negative territory on Friday, after Prime Minister Boris Johnson warned there was a "strong possibility" of a no-deal Brexit.

11 Dec
Weekly review

The FTSE 100 ended the week up 3. 48 points at 6,546. 75.

11 Dec
certaines-petites-banques-americaines-pourraient-avoir-besoin-de-capitaux-selon-le-fmi
US final demand inflation edges past forecasts in November

Wholesale inflation in the States picked up a bit more quickly than anticipated last month.

11 Dec
natwest national westminster bank rbs
Broker tips: Volution, NatWest

Analysts at Berenberg hiked their target price on ventilation products provider Volution from 240. 0p to 315. 0p on Friday follow "a very impressive trading update" from the group.

11 Dec
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Director dealings: Stock Spirits CFO makes share sale

Stock Spirits revealed on Friday that chief financial officer Paul Bal had disposed of 50,691 ordinary shares in the London-listed spirits and liqueurs producer.

11 Dec
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FTSE 250 movers: Calisen surges on takeover offer; Frasers retreats

London’s FTSE 250 was down 0. 6% at 19,636. 14 in afternoon trade on Friday.

11 Dec
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Asiamet confirms Covid-19 delay to KSK sale process

Asiamet Resources updated the market on the sale process for the KSK contract of work on Friday, having entered into a non-binding heads of agreement with PT Wasesa Indo Nusa (PT WIN) to acquire its wholly-owned subsidiary Indokal on 8 October.

11 Dec
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Power Metal begins work programme at Alamo

Metals exploration and development company Power Metal Resources updated the market on the Arizona-based Alamo Gold Project on Friday, in which it has the right to earn-in up to a 75% interest.

11 Dec
bt internet
Ofcom fines BT £6.3m for breaking rules in NI tender

UK regulator Ofcom fined BT £6. 3m after it had failed to meet regulatory obligations during procurement for a major public sector telecoms services contract in Northern Ireland.

11 Dec
natwest national westminster bank rbs
Friday broker round-up

Natwest Group: JP Morgan downgrades to neutral.

11 Dec
certaines-petites-banques-americaines-pourraient-avoir-besoin-de-capitaux-selon-le-fmi
US consumer confidence surprises to the upside, but further economic stimulus may be key

US consumer confidence surprised to the upside last month as Democratic voters became "much more optimistic" following Joe Biden's win in the last presidential elections, the results of a closely-followed survey revealed.

11 Dec
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US open: Dow Jones on track for first weekly loss in three weeks

Wall Street stocks opened in the red on Friday, putting the Dow on track for its first weekly loss in three weeks amid an uncertain outlook in regards to a potential stimulus package from the government.

11 Dec
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FTSE 100 movers: Banks under the cosh; Ocado rises

London’s FTSE 100 was down 0. 6% at 6,557. 67 in afternoon trade on Friday.

11 Dec
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Energy consulting firm Beond to be bought by eEnergy

Energy efficiency service company eEnergy Group has conditionally agreed to acquire UK-focussed renewable energy consulting and procurement business Beond Group, it announced on Friday.

11 Dec
brexit-le-royaume-uni-determine-a-appliquer-l-accord-de-retrait
FTSE 250 could drop up to 10% in no-deal Brexit, says Morgan Stanley

As Prime Minister Boris Johnson warned there was a "strong possibility" of a no-deal Brexit, analysts at Morgan Stanley considered the near-term implications of such an outcome, suggesting up to 10% downside for the domestically-focused FTSE 250 and a decline of as much as 20% for UK domestic bank stocks.

11 Dec
capita cpi outsourcing local government
Capita secures two-year contract extension with MoD

Outsourcer Capita has secured a two-year contract extension with the Ministry of Defence (MoD) to continue to deliver the recruitment service for the British Army.

11 Dec
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Berenberg raises target price on Volution

Analysts at Berenberg hiked their target price on ventilation products provider Volution from 240. 0p to 315. 0p on Friday follow "a very impressive trading update" from the group.

11 Dec
bank of england 1 november
BoE doing extensive work on possible impact of adopting negative interest rates

Extensive work was being carried out at the Bank of England on the possible implications and practicalities around adopting negative interest rates.

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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.