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London close: Stocks end relatively lacklustre week higher
London stocks finished the week in positive territory on Friday, having broken back above the waterline earlier in the afternoon.
Weekly review
The FTSE 100 ended the week 31. 25 points higher, closing at 6,969. 81 on Friday.
Europe close: Stocks end slightly lower, some analysts wary
European stocks finished the last session of April slightly lower, with a late wave of selling hitting most indices and after data showed that the Eurozone economy shrank by 0. 6% in the first quarter of the year, thus sliding into a so-called "double-dip" recession due to the successive Covid-19 lockdowns.
Week ahead: Bank of England, US non-farm payrolls in focus
The Bank of England will be front and centre on investors' minds when they meet to decide on policy on Thursday.
Broker tips: Standard Chartered, Howden Joinery
Berenberg raised its target price on financial services company Standard Chartered from 550. 0p to 630. 0p on Friday, stating the firm was now "catching up" with the rest of the pack.
Relaxed Covid-19 rules in Madrid could be key to regional election result - GAD3
Voters in Madrid are likely to re-elect current conservative governor, Isabel Díaz Ayuso, in Tuesday’s election due n part to the relaxed mobility rules that she implemented in the city, the most recent polls showed.
EU nations push for Valneva Covid-19 vaccine approval
Some countries from the European Union, including France and Germany, are pushing Brussels to strike a deal to buy Valneva's Covid-19 vaccine candidate despite a recent setback in talks.
Ascent Resources gets six-month extension to Cuba agreement
Onshore Caribbean, Latin America and Europe-focussed energy and natural resources company Ascent Resources announced on Friday that it has agreed a six-month extension to its memorandum of understanding with CUPET, the Cuba national oil company.
US consumer confidence continues strengthening in April
Americans were more confident in April thanks to the growing belief that the upward momentum in jobs and incomes would persist. the results of a closely-followed survey revealed.
Chicago factory PMI at near four-decade high in April
Manufacturing sector activity in the Chicago area accelerated at its quickest pace for nearly four decades in April, the results of a closely-followed survey revealed.
US open: Stocks in the red as earnings onslaught continues
Wall Street stocks were in the red early on Friday as market participants thumbed through yet another slew of corporate earnings.
Virgin Atlantic considers reopening UK-US travel in May
UK airline Virgin Atlantic said it was considering reopening UK-US travel on 17 May after the losses that it incurred in 2020.
Personal incomes and spending in the US jump in April, as expected
Americans continued continued spending at a frenzied pace last month as another round of government stimulus checks arrived in the mail.
Sensyne Health signs research deal with another NHS trust
Clinical artificial intelligence (AI) company Sensyne Health has signed a five-year non-exclusive strategic research agreement (SRA) with the Royal Devon and Exeter NHS Foundation Trust, it announced on Friday.
Canaccord ups target price on Howden Joinery following Q1 update
Analysts at Canaccord Genuity hiked their target price on kitchen supplier Howden Joinery from 735. 0p to 775. 0p on Friday, stating the group had "started the year well".
Omega Diagnostics launches Visitect Covid-19 antigen test
Omega Diagnostics announced the launch of its ‘Visitect’ Covid-19 antigen test on Friday, which it described as a rapid point-of-care diagnostic test for the detection of active Covid-19 infections.
Driver Group expecting 'creditable' performance in interim period
Construction and engineering consultancy Driver Group updated the market on its trading on Friday, describing its performance as “creditable” in the interim period, with profit before exceptional items and tax expected to be “slightly lower” year-on-year.
Berenberg raises target price on 'undervalued' Standard Chartered
Berenberg raised its target price on financial services company Standard Chartered from 550. 0p to 630. 0p on Friday, stating the firm was now "catching up" with the rest of the pack.
Futura Medical surges on EU approval for topical erection gel
Pharmaceutical company Futura Medical has received CE marking for its ‘MED3000’ erectile dysfunction gel, it announced on Friday.
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