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Europe close: China worries send shares lower
European markets closed firmly in the red on Friday as China's property sector woes, rising bond yields and worse-than-expected UK retail sales data all dampened the mood.
London close: Stocks end tough week in the red
London stocks faced significant losses by the close of trading on Friday, as concerns over a number of macroeconomic factors weighed heavily on sentiment.
Weekly review
The FTSE 100 ended the week down 261. 73 points, or 3. 48%, closing at 7,262. 43 on Friday.
Director dealings: Rio Tinto non-exec, Aterian director make purchases
Rio Tinto was on the list of director purchases on Friday, after it disclosed an investment made by an independent non-executive director.
Southern Energy swings to net loss as energy prices retreat
Mississippi-focussed natural gas and light oil producer Southern Energy reported adjusted funds flow from operations of $0. 2m in its second quarter update on Friday.
US open: S&P 500 nears two-month low as risk appetite wanes
Stocks were mixed on Friday in New York as ongoing concerns about a growing debt crisis in China hit sentiment and dampened risk appetite.
FTSE 100 movers: China-sensitive stocks take a hit
Just eight stocks on the FTSE 100 were in positive territory on Friday afternoon, as concerns about an escalating financial crisis in China prevented investors from taking on any risk ahead of the weekend.
Wet July weather sees retail sales fall by worse-than-expected 1.2%
UK retail sales fell 1. 2% last month compared with June, as wet weather literally turned a key summer shopping month into a damp squib for businesses.
FTSE 250 movers: China, retail sales dampen the mood
London shares were sharply lower on Friday due to worries about China's troubled property sector, with Evergrande declaring bankruptcy in a US court to protect its assets ahead of a potential restructure. Sentiment was also hit by worse-than-expected UK retail sales figures. Things were so tough that only five FTSE 250 stocks registered gains.
Europe midday: Shares firmly red as China, rate outlooks weigh
European markets were firmly in the red on Friday as China's property sector woes, rising bond yields and worse-than-expected UK retail sales data all dampened the mood.
US pre-open: Markets to inch lower on fears over China, Treasury yields
Stocks on Wall Street were set to open lower on Friday, on the back of fears of an overflowing financial crisis in China and further monetary tightening in the US.
Europe open: Shares fall on Evergrande, bond yields, UK retail sales
European markets opened lower on Friday as China's property sector woes, rising bond yields and worse-than-expected UK retail sales data all dampened the mood.
London midday: Macro fears drag stocks to 10-month low
Macroeconomic concerns meant UK stocks were registering heavy losses on Friday morning, with the FTSE 100 dropping to its lowest level in over ten months.
Eurozone CPI falls again in July
Eurozone inflation slowed again in July, data from the European Union showed on Friday, raising hopes that the European Central Bank may slow its cycle of rate hikes.
Asia report: Markets slip on Japan inflation, Evergrande US bankruptcy
Asia-Pacific markets faced turbulence on Friday, pressured by new economic indicators and corporate developments.
UK banking stocks are undervalued, says Shore Capital
Shore Capital has reiterated its ‘buy’ ratings on six UK-listed banking stocks, saying the market is currently pricing in a “far worse outlook”.
Agriterra inks trade finance deal with major shareholder
African agricultural specialist Agriterra announced a trade finance deal with Magister Investments on Friday, which holds a 50. 58% stake in the company.
Loungers appoints hospitality veteran to head Cosy Club brand
Cafe, bar and restaurant operator Loungers announced the appointment of Lucy Knowles as the new managing director of its Cosy Club brand on Friday.
Bitcoin falls to nearly two-month lows and risks the $26,000 level
There have been a series of significant falls in Bitcoin. The cryptocurrency risks the $26,000 level on a day in which its price is at its lowest level in almost two months, specifically since June 20.
Barbenheimer double-feature lifts Everyman in July
Everyman Media Group said in an update on Friday that trading in the first-half was consistent with prior forecasts.