The market spotlight at the end of the week will be on a reading on UK gross domestic product for November and the start of the US earnings season.
London stocks were in a mixed state by the close on Thursday, as investors digested a surprise jump in jobless claims across the pond, after a tsunami of corporate news earlier in the session.
London’s FTSE 250 was down 0. 4% at 22,965. 22 in afternoon trade on Thursday.
Trendy trainer trader JD Sports Fashion disclosed a large share sale by its executive chairman Peter Cowgill on Thursday.
Offshore energy technology and support provider Tekmar Group announced the award of a “significant” new contract on Thursday.
Analysts at Canaccord Genuity raised their target price on gaming hardware manufacturer Quixant from 225. 0p to 240. 0p on Thursday after broad-based demand drove a full-year earnings beat for the firm.
E-commerce product discovery technology company Attraqt Group said in an update on Thursday that its financial performance for 2021 was expected to show growth in line with expectations.
Steppe Cement said in a trading update on Thursday that it recorded “good” revenue growth in 2021, with positive market conditions for the business.
Specialist active asset manager Polar Capital reported assets under management of £24. 3bn in a trading update on Thursday, up from £20. 9bn at the end of March.
AIM-listed mobile content and data intelligence company Mobile Streams has announced a "major" strategic partnership contract with International Gaming Systems.
Textile service provider Johnson Service Group said in a trading update on Thursday that volumes during November and December were in line with pre-Covid normalised levels for workwear, and were about 77% of normal within the hotel, restaurant and cafe (HoReCa) sector.
The minimum isolation period in England for people who test positive for Covid-19 is to be cut to just five days, the government confirmed on Thursday.
London’s FTSE 100 was flat at 7,551. 09 in afternoon trade on Thursday.
Wall Street stocks were mixed early on Thursday as investors digested December's producer price index and this week's jobless claims figures.
Analysts at Bank of America sounded a downbeat note on the outlook for the airline sector, but were quite bullish on freight stocks.
Claims for unemployment benefits unexpectedly jumped in the seven days ended 8 January but still remained low by historic standards and broadly in line with the pre-pandemic average of around 220,000.
Wholesale prices in the States increased less quickly than expected last month as food and energy prices slipped.
Ovo Energy is to axe 1,700 jobs, around a quarter of its workforce, as part of company-wide cost-cutting drive.
HSBC downgraded Vimto maker Nichols on Thursday to ‘hold’ from ‘buy’ and cut the price target to 1,480p from 1,550p.
Analysts at Berenberg lowered their target price on care homes operator CareTech Holdings from 700. 0p to 660. 0p on Thursday, stating both top-line growth and margins appeared to be under pressure.
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