Market Report
Europe close: Stocks manage positive finish to turbulent week
European shares ended the final day of the week higher, boosted by auto stocks and the eurozone central bank’s promise to continue stimulus.
London close: Stocks finish firmer after big week for data, earnings
London stocks closed above the waterline on Friday, as investors mulled the latest UK retail sales and business activity figures.
Liberum ups Harworth target price following trading update
Analysts at Liberum revised up their target price for Harworth in the wake of the land and property regeneration company's latest trading update.
Barclays stays 'underweight' on AJ Bell, prefers IntegraFin
Analysts at Barclays raised their target price for AJ Bell but stayed at 'underweight' on the shares, telling clients they preferred to play "supportive" themes in UK wealth post-Covid through adviser platform peer IntegraFin.
US services sector activity slows more than expected in July, IHS Markit says
US business activity cooled in July due to the drag from the services sector, the results of two closely-followed surveys revealed.
FTSE 250 movers: Ultra Electronics surges; Centrica loses ground
London’s FTSE 250 was 0. 8% higher in afternoon trade on Friday at 22,851. 90.
Premier Foods FY profit seen at top end of expectations
Mr Kipling owner Premier Foods said on Friday that full-year adjusted pre-tax profit was set to be at the top end of its expectations after "a very encouraging start to the year".
FTSE 100 movers: NatWest rallies; Flutter gives back gains
London’s FTSE 100 was up 0. 6% at 7,008. 98 in afternoon trade on Friday.
AAA still 'fully committed' after Audioboom rejects offer
All Active Asset Capital (AAA) updated the market on its proposed acquisition of podcast provider Audioboom on Friday, after Audioboom rejected its possible offer a day earlier.
NatWest to take minority stake in Irish lender PTSB
NatWest will take a minority stake in Permanent TSB Group (PTSB) in a potential deal to sell €7. 6bn of assets to the Irish lender.
Honeywell beats on Q2 sales and earnings, guides higher for full-year
Industrial conglomerate Honeywell beat analysts' estimates for second quarter profits and sales amid a recovering, but still challenging, global economy.
Vela Technologies in 'advanced states' of new director appointment
Vela Technologies updated the market on its intention to add another director to the board on Friday, saying it was in the “advanced stages” of appointing an executive director.
Friday broker round-up
AJ Bell: Barclays keeps at 'overweight' but ups target price from 360. 0p to 380. 0p.
Quantum Exponential to float on Aquis Stock Exchange
Quantum Exponential plans to float on the Aquis Stock Exchange Growth Market in anticipation of growing interest in quantum technologies.
Gateley buys Tozer Gallagher for up to £700,000
Legal and professional services group Gateley has bought Tozer Gallagher, a practice of chartered quantity surveyors and construction consultants, for a up to £700,000.
MJ Hudson acquires Guernsey-based fund administrator
Specialist asset management service provider MJ Hudson has acquired the entire share capital of Saffery Champness Fund Services (SCFS), a Guernsey based fund administration business, from the accountancy group Saffery Champness.
Europe midday: Autos drive shares on as markets hold gains
European shares started the final session of the week higher, boosted by auto stocks and the European Central Bank promise to continue stimulus.
London midday: Stocks push higher; Ultra Electronics surges on Cobham bid
London stocks had extended gains by midday on Friday as investors mulled the latest UK retail sales and business activity figures.
US pre-open: Futures point higher after Intel, Twitter and Snap results
US stock market futures are pointing to a higher start at the end of the week despite mixed second quarter results from Intel and Twitter overnight.
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