Market Report
Week ahead: Investors brace for potentially volatile week
All eyes next week will be on Parliament as MPs start to debate the Prime Minister's 'Plan B' for Britain's withdrawal from the European Union.
London close: Jump in sterling dents Footsie
London stocks dipped on Friday, despite strong gains for miners, as ongoing strength in sterling and worries about trade relations between the US and China capped gains.
Europe close: Stocks gain despite weak economic data
European stocks were firmly in the green on Friday as investors shrugged off a weak reading on German business sentiment and concerns about trade relations between the US and China.
Zuckerberg aiming to integrate Whatsapp, Instagram and Facebook
Facebook’s CEO Mark Zuckerberg is reportedly planning on integrating Facebook, Messenger, Instagram and Whatsapp with an underlying messaging infrastructure that would include end-to-end-encryption, said the New York Times on Friday.
UBS upgrades 'inexpensive' Fresnillo to 'buy'
Analysts at UBS upgraded Mexican-based precious metals mining company Fresnillo to 'buy' on Friday, noting the firm was "as inexpensive as it has been for a number of years".
FTSE 250 movers: KAZ climbs, AG Barr spills lower
London’s FTSE 250 was up 0. 16% at 18,658. 31 in afternoon trade on Friday, as Kazakh copper miner KAZ Minerals drove the market higher.
Director dealings: IMImobile founder ups stake
Imimobile founder Vishwanath Alluri purchased 85,000 ordinary shares in the AIM-listed cloud communications software provider on Friday.
Broker tips: Fuller, Smith & Turner, Fresnillo, ITV
Peel Hunt upgraded its recommendation on Fuller, Smith & Turner on Friday and lifted the price target to 1,250p from 1,150p after the company agreed to sell its entire 200-year old brewery business to Japan's Asahi for an enterprise value of £250m.
Nu-Oil's MFDevCo enters collaboration with Marnavi Offshore
Nu-Oil and Gas announced on Friday that Marginal Field Development Company (MFDevCo), its 50%-owned joint venture, has entered into a collaboration agreement with Marnavi Offshore.
Augean sells East Kent incinerator facility for £3.35m
AIM-listed waste management business Augean has sold its loss-making East Kent high temperature incinerator to existing customer Wastecare Limited for £3. 35m in cash.
SocGen downgrades ITV on Brexit uncertainty
Analysts at Societe Generale downgraded their recommendation for shares of ITV at the end of the week, from 'buy' to 'hold', setting a 138. 0p target price in the process.
Regency Mines makes 'great' operational progress
Natural resource exploration and development company Regency Mines updated the market on its operations on Friday, reporting that MET Coal production had continued at Omega, with improved production following operational disruptions during the move to a new location at the end of 2018.
RTC ends financial year on a high
RTC issued a positive trading update for its financial year ended 31 December on Friday, advising shareholders that it was trading in line with current market expectations.
Europe midday: Stocks up as investors shrug off weak German sentiment, trade war woes
European stocks were firmly in the green by Friday afternoon as investors shrugged off a weak reading on German consumer sentiment and concerns about trade relations between the US and China.
Tertiary Minerals raises £0.25m through placing
Fluorspar-focussed Tertiary Minerals has raised £0. 25m before expenses by way of a placing of 83,333,333 new ordinary shares at 0. 3p per share, it announced on Friday.
Sector movers: Miners climb, mobile telecoms dialled down
Miners were the standout gainers on Friday, with electronics and electrical equipment, while mobile telecoms and utilities were losing out.
FairFX turnover soars in year of 'significant growth'
Electronic and international payments outfit FairFX saw turnover and earnings soar in its last trading year thanks to a continued focus on its core offerings.
GAN revenues boosted by increase in 'real money' betting
Internet gambling software developer GAN expects to have exceeded market expectations in its recently wrapped up trading year as a result of an increased level of "real money" online betting.
US open: Positive start despite mixed reports surrounding trade talks
US stocks bounced back at the open on Friday although investors continued to grapple with the government shutdown and worries about Sino-US relations.
FTSE 100 movers: Fresnillo shines on upgrade; Vodafone retreats on update
London's FTSE 100 was up 0. 1% to 6,827. 97 in afternoon trade on Friday, with miners on the rise.