Market Pulse
SVG Capital sees rise in net asset value
SVG Capital’s net asset value is up 3%, and the company is accelerating its buyback programme plans.
Lombard Risk Management appoints new CEO
Alastair Brown has been appointed as chief executive of Lombard Risk Management, the management and regulatory reporting solutions provider said on Friday.
London open: Stocks decline on commodities slump
UK stocks declined on Friday morning as commodities reversed the previous day’s rally and investors awaited the release of gross domestic product data.
Europe open: Stocks slip on negative Asian lead but losses limited
European stocks were a little weaker in early trade, taking their cue from a downbeat session in Asia.
UK consumer confidence hits six-month low in November
UK consumer confidence declined to a six-month low in November, figures released on Friday showed.
Pennon posts rise in first half profit, lifts dividend
FTSE 250 water company Pennon posted a rise in first half profit and earnings despite a small drop in revenue, as all businesses across the group performed well.
Balfour Beatty awarded £104m Norfolk road contract
Infrastructure group Balfour Beatty has been awarded a £104m contract by Norfolk County Council for the Norwich Northern Distributor Road (NNDR).
Friday newspaper round-up: Hollande/Putin, Portugal, Unilever, RBS
François Hollande and Vladimir Putin pledged on Thursday to better co-ordinate operations against terrorist groups in Syria but failed to eradicate differences over which groups to target and over the future of Bashar al-Assad. The leaders of France and Russia held more than three hours of talks at the Kremlin focusing on the fate of the Syrian president and on which parts of the armed opposition should be protected from air strikes. The summit was part of Mr Hollande’s push for a broader coalition against Islamist radicals Isis after the attacks in Paris a week ago.
London pre-open: Stocks to track Asia lower ahead of GDP data
London stocks are called to open lower on Friday, taking their cue from a downbeat session in Asia, where the Shanghai Composite tumbled 5% amid reports that several brokerages in China were being investigated for alleged violation of securities regulations.
Rio Tinto approves bauxite plan, Balfour wins Norfolk road contract
London open The FTSE 100 is expected to reverse the prior day's gains with a fall of 30 points on Friday.