Miners were again the main drag on a mixed day for UK stocks as industrial metals' prices fell back.
European markets moved higher on Thursday even after the release of data showing that the US jobs market remained tight while inflation estimates for the fourth quarter were revised higher.
Equity markets in London were mixed at the close on Thursday as investors mulled a downward revision to US economic growth, with disappointing results from the likes of Mondi and BAE Systems and ex-dividend stocks weighing.
Tanzania-focussed helium exporter Helium One Global announced a new cooperation agreement with Noble Helium, an Australian exploration company.
British American Tobacco non-executive director Sue Farr picked up some shares in the tobacco giant on Wednesday.
Pittards slumped on Friday after it said full-year profit was set to miss market expectations after it took a hit from a weakening of the pound and weaker sales in the last quarter of the year.
Aerospace and defence company Rolls-Royce posted a better than expected rise rise in operating profit as the post-pandemic recovery in international travel continued, sending shares in the company up 19%.
London’s FTSE 100 was down 0. 2% at 7,921. 45in afternoon trade on Thursday.
Trident Royalties announced the successful completion of its agreement with Franco-Nevada Corporation for the sale of several pre-production gold royalties on Thursday.
IGas Energy said in a trading update on Thursday that its net production for 2022 averaged 1,898 barrels of oil equivalent per day, impacted by supply chain issues and equipment failure in the first half.
Quadrise Fuels International updated the market on the material transfer and cooperation agreement with its Moroccan client on Thursday.
Stocks on Wall Street were trading moderately higher early on Thursday following the release of a mixed batch of economic data.
All eyes at the end of the week would be on the US and the release of readings for two key inflation gauges.
Rail, traffic data and transport technology specialist Tracsis reported strong trading in a first-half update on Thursday, in line with expectations.
Quarried materials group SigmaRoc announced the raising of £30m through a placing and retail offer on Thursday, to part-fund a number of possible acquisitions.
Atalaya Mining announced the results of a new preliminary economic assessment for its Proyecto Riotinto operation in Spain on Thursday.
R&Q Insurance updated the market on its programme management performance in 2022 on Thursday, revealing a record year with strong growth in both gross written premiums and fee income.
Advertising and marketing technology company System1 reported a record-breaking quarter for data revenue growth in an update on Thursday.
The government is reportedly preparing to replace a slate of Ofgem's directors this year as the energy regulator faces intense criticism over its handling of the prepayment meters scandal.
The US economy expanded at a slightly slower pace at the end of 2022 than previously thought, but price pressures were greater.
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