Market Pulse
London close: Stocks finish higher on UK GDP growth
London stocks closed higher on Friday, as investors digested the latest UK GDP figures, while also looking ahead to potential stimulus measures from China, set to be announced over the weekend.
Director dealings: Advanced Medical Solutions director snaps up shares
Advanced Medical Solutions revealed on Friday that non-executive director Grahame Cook had acquired 48,864 ordinary shares in the AIM-listed tissue-healing technologies business.
BNY Mellon posts record assets under administration
BNY Mellon reported a strong set of third-quarter results on Friday, surpassing profit estimates as assets under custody and administration reached a record $52. 1trn.
FTSE 100 movers: Vistry recovers; Sainsbury's hit by share placing
London’s FTSE 100 was up 0. 3% at 8,259. 17 in afternoon trade on Friday.
US open: Stocks higher following Q3 bank earnings, PPI reading
Wall Street futures were in the green early on Friday as market participants digested quarterly earnings reports from some of the biggest names in US banking and better-than-expected inflation data.
Rosslyn raises £0.25m through retail offer
Rosslyn Data Technologies announced on Friday that it had successfully raised £0. 25m through an oversubscribed retail offer, issuing five million shares at 5p each.
Sainsbury's slumps as Qatar Investment Authority places 109m shares
Sainsbury’s slumped on Friday following reports that its biggest shareholder, Qatar Investment Authority, has placed 109m shares in the supermarket chain.
CT Automotive secures $20m working capital facility
Automotive interior components supplier CT Automotive announced on Friday that it had secured a new $20m working capital facility with FGI Worldwide, extending its debt agreement to October 2027.
JPMorgan Chase Q3 figures top estimates
US banking giant JPMorgan Chase reported third-quarter figures that topped estimates on both the top and bottom lines.
US pre-open: Futures in the red as Q3 earnings season gets underway
Wall Street futures were in the red ahead of the bell on Friday as market participants digested quarterly earnings reports from some of the biggest names in US banking.
Northvolt in talks with investors, lenders over €200m funding
Battery maker Northvolt is reportedly in talks with investors and lenders to secure about €200m in short-term funding as it seeks to stabilise its finances.
London midday: Stocks edge down ahead of China update; UK GDP in focus
London stocks had edged lower by midday on Friday as investors mulled the latest UK GDP data and awaited an update on China's stimulus plans.
Premier Miton reports full-year growth in AuM, but weak Q4
Premier Miton Group reported a 9% increase in assets under management for the financial year ended 30 September on Friday, reaching £10. 7bn, up from £9. 8bn a year earlier.
Braveheart acquires 29.5pc stake in IQ-AI
Braveheart Investment Group announced on Friday that it had acquired a 29. 51% stake in IQ-AI, an imaging software and healthcare diagnostics company, for £0. 72m.
Verici Dx announces delay to Medicare determination for Tutivia test
Verici Dx, a developer of advanced clinical diagnostics for organ transplants, announced an extension to its timeline for submitting supplemental information to the US Centers for Medicare and Medicaid Services in support of coverage determination for its ‘Tutivia’ test.
Two Trinity Exploration directors signal intent to vote for takeover
Trinity Exploration confirmed on Friday that two of its directors, Nicholas Clayton and Jeremy Bridglalsingh, were intending to vote in favour of the proposed acquisition of the company by Lease Operators.
Asia report: Most markets fall as Bank of Korea trims rates
Asia-Pacific markets mostly fell on Friday, with Chinese stocks leading declines, as investors awaited a key policy briefing and digested US inflation data that weighed on Wall Street overnight.
Stifel upgrades Barratt Redrow, Crest Nicholson
Stifel adjusted its ratings on several UK housebuilders on Friday, upgrading Barratt Redrow and Crest Nicholson to ‘buy’ from ‘hold’ on the back of underperformance and a compelling valuation, respectively.
Oxford Metrics acquires The Sempre Group
Software business Oxford Metrics has acquired measurement specialist The Sempre Group, strengthening its smart manufacturing offering.
Revolution Bars changes names to The Revel Collective
Pub and bar operator Revolutions Bars Group revealed on Friday that it had changed its name to The Revel Collective in order to better reflect "the make-up of the group".