The coming week's focus will continue to be on the war in Ukraine with ceasefire negotiations reportedly set to resume on Monday.
European shares rose on Friday as investors cheered a deal between the European Union and US to increase gas exports to the bloc and reduce reliance on Russian energy.
London stocks managed a positive close on Friday, despite disappointing retail sales data and a gloomy consumer confidence survey released earlier.
America's Secretary of the Treasury argued against imposing sanctions on China as a partner to Russia.
The FTSE 100 ended the week 78. 62 points higher, closing at 7,483. 35 on Friday.
London’s FTSE 250 was up 0. 4% at 20,981. 04 in afternoon trade on Friday.
Analysts at Berenberg lowered their target price on drinks maker FeverTree from 2,600. 0p to 2,250. 0p on Friday after the group lowered its full-year underlying earnings guidance.
Morgan Stanley prefers Tesco over Sainsbury, says it's best placed for rising inflationary environment
Analysts at Morgan Stanley reiterated their preference for shares of Tesco over rival Sainsbury, arguing that the former was better placed to adapt to the expected higher food inflation and to protect its margins.
Consumer confidence in the US continued to slip lower in March as concern about mounting inflation dragged on American's outlook for their own finances and the wider national economy.
Wall Street stocks were mixed early on Friday after the European Union struck a deal with the US in an effort to lower its Russian energy usage.
Wall Street futures were in the green ahead of the bell on Friday after the European Union struck a deal with the US in an effort to lower its Russian energy usage.
London’s FTSE 100 was up 0. 4% at 7,500. 51 in afternoon trade on Friday.
Jardine Matheson hogged the limelight on both sides of director dealings on Friday, as its former managing director was attached to a disposal and a purchase worth more than $26m.
Alliance Pharma completed the acquisition of both ‘ScarAway’ - the largest silicone-based scar treatment brand in the US - and the rights to sell ‘Kelo-cote’ in the American retail consumer market in the US on Friday.
China's state-run Sinopec Group has reportedly suspended talks for a major petrochemical investment and a gas marketing venture in Russia.
Analysts at Berenberg lowered their target price on drinks maker Fevertree from 2,600. 0p to 2,250. 0p on Friday after the group lowered its full-year underlying earnings guidance.
Minoan announced the appointment of George Mergos as chairman of its wholly-owned subsidiary Loyalward on Friday, which owns the Itanos Gaia project in Crete.
The Co-op announced on Friday that group chief executive officer Steve Murrells will step down following its annual general meeting in May.
Proton therapy technology developer Advanced Oncotherapy announced an equity fundraise of £2m on Friday, to fund itself along its revised timetable for the development of the ‘LIGHT’ cancer therapy system.
Credit Suisse downgraded discount retailer B&M European Value Retail to ‘neutral’ from ‘outperform’ on Friday and cut the price target to 600p from 675p, noting that the shares have consistently outperformed UK retail over the past year.
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