The market spotlight at the end of the week will shift to Asia.
US stocks finished with decent gains on Thursday on a busy day for economic data, a blockbuster flotation and an interest-rate hike across the Pond.
London’s stock markets finished positively on Thursday, boosted by the mining sector, as investors analysed fresh UK house price data and a rate hike from the European Central Bank.
Stocks were moving higher on Thursday despite a batch of fresh economic data that, at least on the surface, came in ahead of forecasts.
Online travel platform Trainline on Thursday launched a £50m share buyback as ticket sales grew by almost a quarter in the first six months of its financial year.
JP Morgan upgraded its rating for Rio Tinto and raised target prices across the iron ore sector after turning more positive on the outlook for iron ore prices.
International Personal Finance was among the companies on the list of director purchases on Thursday after a non-executive director spent more than £18k on shares.
The European Central Bank lifted interest rates to a record high on Thursday as it looks to tackle inflation.
London’s FTSE 100 was up 1. 5% at 7,639. 66 in afternoon trade on Thursday.
Wholesale prices in the U. S. increased more quickly than anticipated in August, pushed higher by energy prices.
The U. S. jobs market remained tight during the previous week.
Americans continued spending at a rapid clip last month.
The CBI could be facing further member resignations if plans to merge with fellow trade body Make UK go ahead, it was reported on Thursday.
Energy storage specialist Invinity Energy Systems announced its inaugural customer order for its next-generation product, ‘Mistral’, on Thursday.
Cornish Metals unveiled an updated mineral resource estimate (MRE) for its flagship South Crofty Tin Project in Cornwall on Thursday.
Mkango Resources and its partner CoTec Holdings announced their collaboration through a 50-50 joint venture to roll out HyProMag's innovative rare earth magnet recycling technology in the United States on Thursday.
Greatland Gold announced an AUD 50m (£26m) unsecured standby debt facility with Wyloo Consolidated Investments on Thursday.
Floorcoverings specialist Victoria said in its audited results on Thursday that the total volume of flooring sold in the 2023 financial year surpassed 200 million square metres - an area equivalent to more than 29,500 football fields.
Healthcare services company Uniphar reported gross profit growth of 28. 6% in its first half on Thursday, of which 5. 5% was organic, representing progress across all divisions.
Alternative asset manager Gresham House reported 5% growth in assets under management in its first half on Thursday, to £8. 3bn.
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