Financial markets' focus over the coming week will be on a raft of economic data due out in the UK.
London stocks closed in the red on Friday, as investors weighed better-than-expected UK GDP data against slumps for industrial production and retail sales across the pond.
The FTSE 100 ended the week higher, gaining 57. 67 points across the five trading sessions to close at 7,542. 95 on Friday.
Industrial output underwhelmed at the end of December amid a decline in automobile manufacturing and in the output of gas utilities due to warmer-than-normal temperatures.
US consumer confidence slipped to its second lowest reading ever amid increasing worries over inflation, the results of a very closely-followed survey revealed.
Royal Mail slumped on Friday after JPMorgan Cazenove placed the shares on 'Negative Catalyst Watch' ahead of the company's next update on 10 February.
London’s FTSE 250 was down 0. 9% at 22,754. 37 in afternoon trade on Friday.
IQGeo Group was at the top of the buyers’ list on Friday, disclosing that Kestrel Partners had purchased 200,000 shares on behalf of its discretionary clients.
Wall Street stocks were mixed early on Friday as market participants digested earnings from some of the country's biggest banks.
Royal Mail slumped on Friday after JPMorgan Cazenove placed the shares on ‘Negative Catalyst Watch’ ahead of the company’s next update on 10 February.
Global Petroleum announced on Friday that the European Court had effectively found that its four permit applications in the Southern Adriatic, offshore Italy, did not contravene European Union law.
London’s FTSE 100 was down 0. 2% at 7,546. 09 in afternoon trade on Friday.
Scotgold Resources updated the market on fourth quarter operations at its Cononish Gold and Silver Mine in Scotland on Friday, as it targeted a run rate of gold of 23,500 ounces by the end of the first quarter of 2023.
Africa-focussed oil and gas company Tower Resources raised £1. 5m, it announced on Friday, to fund maintenance, planning and work programme costs across its portfolio.
US retail sales unexpectedly slumped in December amid rising prices, according to figures released on Friday by the Commerce Department.
Orosur Mining has signed a joint venture agreement with Meridian Mining UK, it announced on Friday, in relation to the Ariquemes tin project in Brazil.
Exploration company Power Metal Resources updated the market on its uranium portfolio on Friday, which includes seven wholly-owned properties across 411. 96 square kilometres surrounding the Athabasca Basin in northern Saskatchewan, Canada.
China's foreign trade surplus surged at the end of 2021, but only as a result of the drag on imports from weakness in the country's property sector.
Preclinical antibody discovery, engineering and supply company Fusion Antibodies announced the formation of a new scientific advisory panel (SAP) of experts on Friday, to support research and development across its range of antibody services, and to provide advice regarding emerging science and technology issues and trends.
Workplace and commercial building space management software company SmartSpace Software said in a trading update on Friday that it had been progressing its objective to build a high-growth software-as-a-service (SaaS) business, with “strong” recurring revenues.
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