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Weekly review
The FTSE 100 ended the week up 104. 6 points, or 1. 27%, closing at 8,358. 25 on Friday.
London close: Stocks finish week on mixed note
London's stock markets closed with mixed results on Friday, reflecting a cautious mood as investors reacted to economic growth data out of China, as well as an improvement in UK retail sales.
Oncimmune Holdings announces major recapitalisation
Oncimmune Holdings, an autoantibody profiling specialist, announced a major recapitalisation to fuel its next growth phase on Friday.
Very Group made recent offer for N Brown - reports
Online shopping firm Very Group was reported on Friday to have made a recent bid to acquire N Brown, the owner of fashion brands Simply Be and Jacamo, at a price lower than the 40p-per-share offer proposed by Joshua Alliance.
Red Rock Resources reports progress in Cote d'Ivoire
Red Rock Resources, a natural resource development company with interests in gold and base metals across Africa and Australia, updated the market on its exploration activities in Côte d'Ivoire on Friday.
Bushveld offloads Lemur interest after DBSA approval
Bushveld Minerals announced the completion of the disposal of its interest in Lemur Holdings on Friday, following approval from the Development Bank of South Africa (DBSA).
Ondine Biomedical gets UAE approval for Steriwave
Ondine Biomedical announced on Friday that it has received regulatory approval to market its ‘Steriwave’ nasal decolonisation technology in the United Arab Emirates.
Trinity Exploration reports fall in sales volumes
Trinity Exploration & Production updated the market on progress in its third quarter on Friday, highlighting a decline in sales volumes, which averaged 2,471 barrels of oil per day, down from 2,705 daily barrels in the third quarter of last year, and 2,522 barrels per day in this year’s second quarter.
Cambridge Cognition ex-CEO resigns as director
Cambridge Cognition, a provider of digital solutions for assessing brain health, announced the formal resignation of Dr Matthew Stork as a director of the company and its subsidiaries on Friday.
MicroSalt reiterates progress after share price surge
MicroSalt responded to a significant rise in its share price on Friday, confirming that there was no new trading or operational update beyond the information it provided in its interim results in late September.
Begbies Traynor says record number of UK firms in 'significant' distress
Begbies Traynor's latest ‘Red Flag Alert’ report, released on Friday, revealed a record number of UK businesses experiencing 'significant' financial distress, with 632,756 companies affected in the third quarter.
Rockhopper secures extensions to Falkland Islands licences
Rockhopper Exploration announced on Friday that the Falkland Islands Government (FIG) had agreed to extend all of its petroleum production licences in both the North and South Falkland Basins.
Fonix maintains expectations amid Irish regulatory uncertainty
Fonix updated the market on its operations in the Republic of Ireland on Friday, ahead of an expected regulatory change.
Asia report: Most markets rise after China data dump
Markets across the Asia-Pacific region mostly rose on Friday, bolstered by a sharp rebound in Chinese stocks following stronger-than-expected GDP data.
Cloudcoco agrees £0.25m sale of Connect subsidiary
Cloudcoco Group announced the conditional sale of its subsidiary Cloudcoco Connect on Friday, to the BE Company, for £0. 25m in cash.
Gore Street Energy Storage secures 12-year contract for Big Rock
Gore Street Energy Storage Fund announced on Friday that it has secured a 12-year fixed-price resource adequacy (RA) contract for its California-based asset, Big Rock, with Goldman Sachs subsidiary J Aron & Company.