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Europe close: Stocks end higher led by gains for Basic Resources
European stocks were firmly in the black at the end of the week with shares in the basic resources space racing ahead, amid talk that China fiscal stimulus was in the pipeline and a dip in the US dollar.
London close: FTSE gains as miners rally on China data
London stocks ended firmly in the black on Friday with miners pacing the advance after data revealed a slowdown in Chinese inflation.
FTSE 250 movers: Darktrace recovers some ground; Bridgepoint tumbles
London's FTSE 250 was up 1. 7% at 19,196. 46 in afternoon trade on Friday.
FTSE 100 movers: Miners, Centrica gain ground
London’s FTSE 100 was up 1. 5% at 7,369. 05 in afternoon trade on Friday.
Broker tips: Associated British Foods, Energean
Analysts at Barclays downgraded Associated British Foods to 'equal weight' on Friday, stating visibility was "just too low".
Advance Energy in talks over European oil & Gas acquisition
AIM-listed Advance Energy said on Friday that its shares have been temporarily suspended from trading as it confirmed talks for the potential acquisition of a European oil and gas company.
BoE delays rate decision after Queen Elizabeth’s death
The Bank of England said on Friday that it will delay its next interest rate decision by a week following the death of Queen Elizabeth II.
US open: Major indices on course to snap three-week losing streak
Wall Street stocks were in the green early on Friday, putting major indices on track to snap a three-week losing streak.
US pre-open: Major indices look set to snap three-week losing streak
Wall Street futures were firmly in the green ahead of the bell on Friday, putting major indices on track to snap a three-week losing streak.
Barclays downgrades AB Foods to 'equal weight'
Analysts at Barclays downgraded Associated British Foods to 'equal weight' on Friday, stating visibility was "just too low".
Director dealings: Globe Invest picks up large Best of the Best holding
Best of the Best was in focus in terms of director dealings on Friday, as a large number of shares were sold to Globe Invest after the latter decided to purchase a “strategic stake” on Thursday under a letter of intent.
Asia report: Markets rise on Powell's inflation comments
Stocks in Asia finished higher on Friday, with Hong Kong leading the gains, afterUS Federal Reserve chair Jerome Powell said interest rates would continue to rise to help deal with inflation “until the job is done”.
London midday: FTSE extends gain as miners rally after China data
London stocks had extended gains by midday on Friday, with miners pacing the advance after data revealed a slowdown in Chinese inflation.
Europe midday: Stocks push higher as China data boosts basic resources
European stocks were firmly in the black by midday, with basic resources racing ahead following the latest Chinese inflation data.
Vesuvius CFO hands in resignation letter
Engineering group Vesuvius revealed on Friday that chief financial officer Guy Young will leave the group in order to take up another opportunity.
CMA provisionally clears LSE's acquisition of Quantile
The Competition and Markets Authority said on Friday that it has provisionally cleared the London Stock Exchange’s acquisition of technology firm Quantile Group.
Bitcoin price accelerates above $20,000 and points to further increases
The cryptocurrency market is extending the rebound that began on Thursday, with Bitcoin at the head of the gains, as it´s accelerating its advance after once again surpassing the $20,000 mark. The digital currency par excellence is up 6% in 24 hours, to its highest level since the end of August, at $20,500, largely thanks to the pause in the dollar rally that is also extending on Friday. The green prevails for the 'altcoins' and total capitalization exceeds the billion-dollar barrier for the first time in more than 10 days.
Computacenter backs FY expectations as interim profits drop
IT services firm Computacenter backed its expectations for the year on Friday as it reported a drop in interim profit.
Berenberg lowers target price on Energean
Analysts at Berenberg raised their target price on exploration and production outfit Energean from 1,540. 0p to 1,750. 0p on Friday, stating the group was delivering on both production and dividends.
Cineworld gets access to about $785m of financial aid
Cineworld surged on Friday after a US bankruptcy court gave the cinema chain access to up to $785m of an approximately $1. 94bn debtor-in-possession financing facility as part of its Chapter 11 bankruptcy filing.