Market Report
FTSE 250 movers: Aldermore and Provident rocket on takeover talk, trading update
The FTSE 250 was flat in late afternoon trading at the end of the week, as it pared losses amidst a rise in value of the pound.
Europe close: Stocks finish session with slight gains
Stocks finished the day slightly higher amid reports that European Central Bank policymakers were closer to an agreement on how to go about tapering their asset purchases.
Vedanta Resources & Konkola Copper Mine lose appeal against English Court
FTSE 250 firm Vedanta Resources posted an announcement on Friday informing that the English Court of Appeal had dismissed it and Konkola Copper Mine's (KCM) appeal against the English court, concerning the court's jurisdiction to hear and adjudicate claims by Zambian residents regarding KCM's operations in Zambia.
US open: Stocks rise after weak September CPI, Trump in the spotlight
Stocks are holding on to slight gains heading into the weekend despite inflation data for last month that was shy of market estimates.
London close: Stocks recover after morning swoon
London stocks pared most their early losses by the close of trading on Friday, having retreated fairly sharply from a record close the previous day as the pound climbed on rumours about the Brexit negotiations.
London midday: Footsie treading lower as pound picks up on Brexit talk
London stocks pared some of their early losses by midday on Friday, having retreated fairly sharply from a record close the previous day as the pound climbed on rumours about the Brexit negotiations.
IAG eyes empty slots left by Monarch
Chief executive Willie Walsh said on Friday that IAG had been eyeing off slots left empty at Gatwick Airport as a result of Monarch's collapse earlier on 2 October, which came shortly after Alitalia and Air Berlin had also entered administration, reducing capacity in the highly competitive European airline sector.
Ashanti Gold identifies "broader" and "new" mineralised zones in Ghana- Goldplat
Gold exploration and development company Ashanti Gold Corp has identified "broader" and "new" mineralised zones at Goldplat's Anumso Gold Project in Ghana, according to Goldplat.
FTSE 100 movers: Pearson picks up pre-update, GKN trips over profit warning
London's blue chip stocks were leaning to the downside on Friday amid a sterling recovery, though mining stocks were doing their best to lift the mood.
US consumer confidence at 2004 highs in October, University of Michigan says
Consumer confidence in the States shot higher at the start of October as more Americans judged that "this is about as good as it gets", the results of a widely-followed survey revealed.
Amati outperforms net asset value benchmark despite widening discount
London-based venture capital trust Amati's net asset value (NAV) rose significantly through its first half of trading despite its NAV discount widening.
Metal Tiger acquires shares in ASX gold producer
AIM-listed equity investment firm Metal Tiger purchased 1. 85m shares in Australian gold company Kingsgate Consolidated on Friday as it sought to reap the benefits of its operations in Thailand and Chile.
TalkTalk slides as Barclays downgrades on lack of earnings potential
TalkTalk Telecom led the fallers in the index on Friday after it received a downgrade to ‘equal weight’ from ‘overweight’ by analysts at Barclays.
Oxford BioDynamics says study proves EpiSwitch utility
Biotechnology company Oxford BioDynamics announced on Friday that it has presented a poster at the Diabetes Asia 2017 conference in Kuala Lumpur.
Facebook starts taking food orders, hitting Just Eat
Facebook users can now order takeaway food directly from the social media app, adding a big name into an increasingly crowded market for the likes of Just Eat, UberEats and Deliveroo.
Taurus Funds Management sells stake in Base Resources
Mineral sands producer Base Resources, focused on the Kwale Mineral sands operations in Kenya, East Africa, was informed by Taurus Funds Management that it had ceased to be a significant shareholder of the company.
Redx administrators make moves to return company to directors
Drug discovery and development company Redx looked to be closer to coming out of administration on Friday, as it announced that Jason Baker and Miles Needham of FRP Advisory LLP - joint administrators of the company and of its subsidiary Redx Oncology - have applied to the High Court for an order which will enable the companies to be rescued as going concerns and the joint administrators to vacate office.
Herencia Resources shifts self-imposed results deadline
Herencia Resources confirmed its shares would continued to be suspended on Friday, as it missed its self-imposed deadline to issue its interim results.
US consumer price inflation disappoints
US headline inflation increased less than expected last month but core prices jumped well above forecasts, according to data released by the Bureau of Labor Statistics on Friday.
US pre-open: Stocks set for gains despite September CPI miss
Stocks are being called to start the session slightly higher despite inflation data for last month that was shy of market estimates.