All eyes over the coming week would be on the Federal Reserve's policy meeting and the latest monthly non-farm payrolls report in the US.
European stocks were little changed for the most part on Friday although investor sentiment was boosted by news that German auto-supplier Bosch agreed to increase its shareholding in Sweden's Husqvarna.
London stocks finished the week on a positive note as investors as investors digested slightly weaker than expected consumption data and softer readings for inflation expectations in the US.
Analysts at Berenberg very slightly lowered their target price on insurance group Direct Line from 160. 0p to 159. 0p on Friday following the announcement of its quota share deal.
FTSE 250: 19,902. 42, -0. 07% at 1425 GMT.
US pending home sales rose in December for the first time in seven months, according to data released on Friday by the National Association of Realtors.
Henry Boot revealed on Friday that chief executive Timothy Roberts' spouse Sarah Roberts had acquired 42,000 ordinary shares in the London-listed construction group.
London’s FTSE 100 was flat at 7,761. 39 in afternoon trade on Friday.
The US consumer spent with a bit less abandon towards the end of 2022 even as price pressures continued to ebb as anticipated.
Consumer confidence in the US rose a bit more than initially thought at the beginning of 2023, the results of a closely survey revealed.
Wall Street stocks were little changed early on Friday as market participants digested a couple of key data points.
Amigo Holdings said on Friday that it has received a number of expressions of interest in its capital raise, but this remains below the guarantor lender’s £45m target.
Oil company Chevron posted fourth-quarter profits that fell short of estimates on Friday, even as revenues came in ahead of what analysts had been expecting.
Landsec said on Friday that it has sold One New Street Square, EC4, to Hong Kong-based property developer Chinachem Group for £349. 5m.
The future of 2,000 Shell workers is in doubt after the energy giant unveiled a “strategic review” of its domestic energy and telecoms supply division.
Financial services giant American Express fell short of expectations with its fourth-quarter earnings on Friday but delivered an upbeat outlook for the coming year,.
Asda is facing potential industrial action, it was reported on Friday, after the supermarket chain announced a proposed shake-up of its store operations.
London stocks were just a touch firmer by midday on Friday as investors continued to mull a better-than-expected US GDP reading a day earlier and looked ahead to the release of inflation figures.
Wall Street futures were in the red ahead of the bell on Friday as market participants await a couple of key data points.
European stocks had crept into positive territory by midday as sentiment was boosted by news that German auto-supplier Bosch agreed to increase its shareholding in Sweden's Husqvarna.
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