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Week ahead: China data, UK GDP in the spotlight
The market spotlight over the coming week will shift towards Asia.
Europe midday: Stocks on track for best week since March
European stocks were rising for their fifth straight day on Friday as optimism continued to rise that central banks may be done with monetary tightening.
Director dealings: OSB director makes share purchase
OSB revealed on Friday that non-executive director Simon Walker had acquired 25,000 ordinary shares in the FTSE 250-listed bank.
London close: Stocks mixed as US payrolls miss forecasts
London markets saw a mixed performance on Friday as investors responded to underwhelming services data and the release of US non-farm payrolls data.
Weekly review
The FTSE 100 ended the week up 126. 45 points, or 1. 73%, closing at 7,417. 73 on Friday.
Broker tips: Howden Joinery, James Fisher, Antofagasta, Rightmove, Smith & Nephew
Berenberg lowered its target price on commercial furniture group Howden Joinery from 870. 0p to 835. 0p on Friday after the group noted that its outturn was more likely to be at the lower end of consensus estimates.
FTSE 250 movers: Wizz Air flies higher, AML recovers
London’s FTSE 250 was up 1. 1% at 17,958. 66 in afternoon trade on Friday.
FTSE 100 movers: Ocado surges again; BP and Shell gush lower
London’s FTSE 100 was down 0. 5% at 7,412. 67 in afternoon trade on Friday.
Gama Aviation sells Jet East for $131m
Gama Aviation announced on Friday that it has completed the sale of its US MRO business, trading as Jet East, for $131m.
Thor Energy ups stake in Alford East project to 80pc
Thor Energy increased its stake in the Alford East Copper Oxide Project to 80% on Friday, following the completion of the stage two expenditure obligations.
Corcel upbeat on drilling results from onshore Angola
Corcel updated the market on the drilling results of the Tobias-13 (TO-13) well in onshore block KON-11, Angola, on Friday.
ix Net Zero expands term loan facility with EDB
Energy transition specialist ix Net Zero announced an expansion of its financial capabilities through a restated and amended secured two-year term loan facility with European Depositary Bank (EDB) on Friday.
Roebuck Food Group buying Moorhead & McGavin, raising £2.5m
Roebuck Food Group announced a conditional agreement to acquire Moorhead & McGavin, a food and food ingredient distribution business based in Motherwell, on Friday.
US open: Stocks modestly higher after softer-than-expected jobs data
Stocks in the US were trading on the front foot following the release of a weaker-than-expected non-farm payrolls report for last month.
Synergia reports progress on Cambay well lift operations
Synergia Energy updated the market on the progress of its artificial lift operations at the Cambay C-77H well on Friday.
Sareum secures Japan patent for kinase inhibitor asset
Biotechnology firm Sareum announced on Friday that it has received a notice of allowance from the Japan Patent Office for a patent associated with SDC-1801, its primary TYK2/JAK1 kinase inhibitor.
Greatland completes inaugural drilling at Paterson South
Greatland Gold has successfully concluded its inaugural drilling campaign at the Paterson South Project, it announced on Friday, operating under a farm-in and joint venture agreement with Rio Tinto Exploration.
US economy adds fewer jobs than expected in October
The US economy added fewer jobs than expected in October, according to data released on Friday by the Bureau of Labor Statistics.
CMA secures data commitments from Amazon and Meta
The Competition and Markets Authority announced on Friday that it has separately secured commitments from two major tech giants, Amazon and Meta Platforms, to promote fair competition on their respective retail platforms.
Berenberg cuts target price on Howden Joinery
Berenberg lowered its target price on commercial furniture group Howden Joinery from 870. 0p to 835. 0p on Friday after the group noted that its outturn was more likely to be at the lower end of consensus estimates.