Market Pulse
US non-farm payrolls grow by 142,000 in August, miss forecasts
Job growth in the US picked up only a little in August.
London close: Stocks slip as US non-farm payrolls undershoot
London stocks ended lower on Friday, as disappointing US jobs data weighed on investor sentiment.
Director dealings: Genus chairman snaps up shares
Genus revealed on Friday that chairman Iain Ferguson had acquired 3,500 ordinary shares in the FTSE 250-listed biotechnology group.
Broker tips: Melrose Industries, Zephyr Energy, Entain
Morgan Stanley initiated coverage of Melrose Industries on Friday at 'equalweight' with a 500. 0p price target, noting that a strong aftermarket narrative supported its belief that profit and loss would come in 6-10% above consensus by 2027.
FTSE 250 movers: Endeavour on the rise; Indivior tumbles
London’s FTSE 250 was down 1% at 20,563. 22 in afternoon trade on Friday, with no obvious rhyme or reason for any of the moves.
FTSE 100 movers: Experian in the black; Vistry gives back some gains
London’s FTSE 100 was down 0. 2% at 8,229. 33 in afternoon trade on Friday.
US open: Stocks mixed as traders digest NFP data
Wall Street stocks were mixed early on Friday as traders digested last month's all-important nonfarm payrolls report.
Morgan Stanley initiates Melrose Industries at ‘equalweight’
Morgan Stanley initiated coverage of Melrose Industries on Friday at ‘equalweight’ with a 500 price target.
US pre-open: Futures lower ahead of NFP report
Wall Street futures were pointing to further losses ahead of the bell on Friday as traders patiently awaited the release of last month's all-important nonfarm payrolls report.
Caring reportedly nearing £1bn deal to sell The Ivy Collection
Richard Caring, the billionaire businessman known for his ownership of high-end London restaurants, was reportedly nearing a deal to sell a controlling stake in The Ivy Collection on Friday.
London midday: FTSE stays down ahead of payrolls
London stocks were still weaker by midday on Friday as investors eyed the release of the all-important non-farm payrolls report and mulled the latest UK house price data.
Europe midday: Stocks stay down after uninspiring data, ahead of payrolls
European stocks were still in the red by midday on Friday as nervousness crept in ahead of the key US non-farm payrolls report and after the release of uninspiring eurozone and German data.
'Sell the rip' if US August payrolls print below 100,000, BoA's Hartnett says
A hard landing in the US is still most likely on the cards, a top-rated Bank of America strategist said.
Canaccord Genuity raises target price on Zephyr Energy following 36-2R test results
Analysts at Canaccord Genuity raised their target price on exploration and production firm Zephyr Energy from 14. 0p to 16. 0p on Friday following the publication of the group's hotly-anticipated 36-2R production test results.
Filtronic unveils planned move to new, purpose-built facility
Filtronic, a designer and manufacturer serving the aerospace, defence, space, and telecoms sectors, announced plans to relocate its Sedgefield operations on Friday, to a new, purpose-built facility in early 2025.
Zephyr Energy upbeat on Paradox Basin production testing results
Zephyr Energy, a Rocky Mountains-based oil and gas company, announced successful results from the second phase of production testing on its State 36-2R LNW-CC well at the Paradox Basin project in Utah on Friday.
Galileo reports recent progress at Luansobe copper project
Galileo Resources updated the market on the development of its Luansobe copper project in Zambia on Friday, where it holds a 75% interest.
Portmeirion appoints new group finance director
Homeware brand owner and retailer Portmeirion Group announced the appointment of Jonathan Hill as its new group finance director on Friday, effective from 1 October.
Berenberg lowers target price on Entain
Analysts at Berenberg lowered their target price on bookmaker Entain from 1,140. 0p to 1,020. 0p on Friday, stating that the group was not yet "out of the woods".
Asia report: Stocks fall as Japan household spending figures undershoot
Asia-Pacific markets mostly declined on Friday as investors prepared for a key US jobs report later in the global day, and reacted to disappointing household spending data from Japan.