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Sector Movers: Oil, mining stocks keep London market on positive turf
Oil and mining stocks rose on Friday, to ensure headline London indices ended the week in positive territory.
Commodities: Oil, gold futures rally corrects as weekend approaches
A marginal recovery in oil prices cooled late on Friday, as US traders appeared to book profits on an uptick seen earlier in the session.
Bonds: Stronger than expected US data weigh on Gilts
These were the movements in some of the most widely-followed sovereign 10-year bond yields:.
Europe close: Strong US data, bounce in oil lift equities
European stocks advanced on Friday as oil prices rallied and the latest batch of economic data out of the States came in firmly ahead of economists´ forecasts.
Small caps news round-up
4D pharma brought some good news and some bad news to the market on Friday, over its trials of irritable bowel syndrome (IBS) treatment Blautix, and it paediatric Crohn's disease treatment Thetanix. The AIM-traded pharmaceutical company, with a focus on the development of live biotherapeutics, said recruitment for the Blautic phase one trial had now been completed.
London close: FTSE rises as oil prices gain, US GDP revised higher
London stocks ended the week on a high as oil prices rebounded, US fourth quarter economic growth data was revised higher and China’s central bank hinted at further stimulus.
Milestone reports financial losses, but operational wins in 2015
Milestone Group reported on another year of financial losses, but operational wins on Friday, with the company expanding the reach of a number of its products in the 12 months to 30 September.
Week ahead: Spotlight shifts to G20 and US jobs report
Market´s attention will shift firmly towards China and US economic data over the coming week.
Tristel directors snap up shares as dividend hiked
A number of Tristel’s directors have snapped up extra shares just days after the AIM-listed company said it is lifting its dividend.
Alibaba said to be looking for up to $4bn loan
Chinese internet company Alibaba Group Holding is reportedly in talks with banks for a loan up to $4bn to fund expansion plans including acquisitions.
Now is the worst possible time to take a gamble on Brexit, Osborne says
Brexit could deliver a "profound economic shock" the chancellor told the BBC´s political editor Laura Kuenssberg.
Good news, and some not-so-good news from 4D pharma
4D pharma brought some good news and some bad news to the market on Friday, over its trials of irritable bowel syndrome (IBS) treatment Blautix, and it paediatric Crohn's disease treatment Thetanix.
Gradual interest rate hikes probably still ahead, Fed´s Mester says
A top US rate-setter reiterated her upbeat stance on the economy at the end of the week, pointing to fresh data on consumption and prices published earlier that same day as vindicating her view.
Investors peel away from Fyffes stock after good results
Brits going bananas for imported fruit made for a good year at Fyffes in its annnual report on Friday, but investors weren't sharing the sentiment.
US personal income and spending up more than expected
Data released by the Commerce Department on Friday showed US personal spending rose 0. 5% in January, beating economists’ expectations for a 0. 3% increase.
FTSE 250 movers: Oil prices help producers and service providers surge
The FTSE 250 was in the black by mid-afternoon on Friday, up 173. 01 points (1. 05%) to 16,572. 08.
Airea keeps earnings intact amid tough trading
Flooring specialist Airea reported tough trading in its interim results on Friday, though it did manage to keep its earnings intact.
FX Roundup: Dollar spikes against major crosses on US GDP data
Dollar stacked up gains against major currency crosses on Friday, following positive US macroeconomic data.
Michigan consumer sentiment a touch better than expected
The University of Michigan's final consumer sentiment index for February rose to 91. 7 from a preliminary reading of 90. 7.