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Europe close: Shares edge lower in thin pre-Xmas trade
European shares closed slightly lower on Christmas eve trade after a rally in the previous session on hopes the Omicron Covid variant would not have as great an impact as first feared.
London close: Stocks flat as Christmas celebrations kick off
There was no fizz or sparkle on the last trading session before Christmas, with London stocks flat as a pancake as traders reached for the mince pies and bubbly.
Weekly review
The FTSE 100 ended the week 102. 18 points higher, closing a truncated Christmas Eve session at 7,372. 10 on Friday.
Atlantic Lithium completes Ricca Resources demerger
Africa-focussed lithium exploration and development company Atlantic Lithium announced on Friday that the distribution of all of the shares it held in Ricca Resources to eligible shareholders was now complete.
Lekoil reports production impacts at Otakikpo in November
Nigeria and West Africa-focussed oil and gas exploration and production company Lekoil updated the market on its operations on Friday, reporting that at Otakikpo, oil production in November totalled 4,118 barrels of oil per day gross, and 1,647 barrels per day net to the company.
Science Group agrees new £35m facility with Lloyds Bank
Science Group updated the market on its negotiations for a new bank revolving credit facility with Lloyds Bank on Friday, reporting that they had now successfully concluded.
Ascent Resources agrees extensions to its debt maturities
Caribbean, Latin America and Europe-focussed natural resources company Ascent has extended the maturity of its outstanding loan obligations, it announced on Friday, giving it a “runway” for the continuing execution of its ‘ESG Metals’ strategy.
San Leon issues further details on potential Midwestern consolidation
Nigeria-focussed exploration, development and production company San Leon Energy updated the market on Friday, on the proposed consolidation of Midwestern’s shareholdings in San Leon and Midwestern Leon Petroleum (MLPL) into a single shareholding in San Leon.
Asia report: Markets enter Christmas weekend in mixed state
Markets in Asia were mixed on Christmas Eve, with trade thin on many bourses after a stellar session on Wall Street overnight.
Selfridges sold to Thai, Austrian consortium in £4bn deal
UK luxury department store Selfridges has been sold to a Thai retailer and Austrian property company for around £4bn.
Playtech launches Live Casino facilities in Michigan, New Jersey
Gambling technology group Playtech said on Friday that it has launched new state-of-the-art Live Casino facilities in Michigan and New Jersey.
Kazera Global delays publication of FY results
Investment firm Kazera Global has delayed the publication of its full-year results by up to three months, citing the impact of the Covid-19 pandemic across its geographies.
Europe open: Flat start with no new numbers as traders prefer stuffing to stocks
European shares were flat at the opening in thin Christmas eve trade after a rally in the previous session on hopes the Omicron Covid variant would not have as great an impact as first feared.
London open: Stocks muted on last trading session before Christmas
It was more of a Santa crawl than a rally on Friday as London stocks ticked up just 0. 1% in early trade on the last trading session before Christmas.
Sensyne strikes one-year agreement with Exscientia
Clinical artificial intelligence company Sensyne Health has struck a one-year agreement with Exscientia to leverage "the deep learning AI capabilities" of its platform to study real-world health data.
Reckitt Benckiser proposes sale of E45 brand, Capita disposes of AMT Sybex
London pre-open The FTSE 100 was being called to open 21. 8 points lower ahead of the bell on Friday after closing 0. 43% higher in the previous session at 7,373. 34.
London pre-open: Stocks to edge down on last trading day before Christmas
London stocks were set to edge down on the final trading session before Christmas.
Friday newspaper round-up: Selfridges, energy prices, Treasury
The family owners of Selfridges have sold out to a Thai retailer and an Austrian property company for an estimated £4bn ($5. 36bn) in a deal which sees the return of the luxury department store’s former boss Vittorio Radice. Thailand’s Central Group and Austrian real estate company Signa Holding already jointly own major department stores in Italy, Germany and Denmark via a division run by Radice, who left Selfridges in 2002, the year before Canada’s Weston family bought it for £628m.
Reckitt Benckiser proposes sale of E45 brand to Karo Pharma
Consumer goods company Reckitt Benckiser has entered into an agreement for the proposed sale of the E45 brand and related sub-brands to Karo Pharma for an implied enterprise value of £200. 0m.
Capita sells software business for up to £40m
UK outsourcing company Capita said it had sold its AMT Sybex software business to Jonas Computing for up to £40m as it continued to offload non-core assets to bolster its balance sheet.
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