Market Report
Friday preview: China PMI, Wizz Air
The market spotlight at the end of the week will continue to be firmly on China, as investors digest the results of the latest 'official' manufacturing sector Purchasing Managers' Index.
Europe close: Stocks edge higher despite trade tensions
Stocks across the Continent finished only slightly higher as traders continued to monitor the ongoing trade war between the US and China and amid reports of bickering between the coalition partners in the Italian government.
Director dealings: NMC Health boss buys in near 200-week moving average
NMC Health boss Prasanth Manghat picked up some shares in the Middle-East focused provider of health services on Thursday.
London close: Stocks stage small bounce, US-China trade still in focus
Stocks finished modestly higher amid news that the Chancellor might back a second referendum in order to unblock the paralysis that had led to a halving in the UK's car production last month, overcoming continued strident rhetoric from some Chinese officials.
Broker tips: Electrocomponents, Hurricane Energy
Jefferies raised its target price for Electrocomponents, telling clients it was buying into its chief executive officer's plans to exploit the opportunity for growth, instead of 'sweating' the assets and returning the surplus capital to shareholders as a European CEO might do.
US corporate profits fall sharply in Q1, revised GDP data show
US gross domestic product expanded a tad more slowly than expected at the start of 2019, revised figures from the government showed.
UK car manufacturing halves in April due to Brexit-related shutdowns
UK car production nearly halved in April with 56,999 fewer units built as factories across the country were shut in anticipation of the original date for Brexit.
US open: Stocks find small bid ahead of speech by Fed's Clarida
Stocks are trading slightly higher ahead of a potentially important speech from the US central bank's number two official and despite weak readings on US corporate profits and for pending home sales.
Jefferies buys into Electrocomponents's expansion strategy, raises target
Jefferies raised its target price for Electrocomponents, telling clients it was buying into its chief executive officer's plans to exploit the opportunity for growth, instead of 'sweating' the assets and returning the surplus capital to shareholders as a European CEO might do.
Concordia investment in Pearlside bolsters DekelOil investment in cashews
West Africa-focussed agricultural company DekelOil Public announced on Thursday that its investee company Pearlside Holdings has successfully completed an equity investment with Hong Kong-based private equity company Concordia Corporation.
ITM Power pleased with trading as pipeline grows
Energy storage and clean fuel company ITM Power updated the market on its trading on Thursday, reporting that the delivery of completed projects increased “significantly” in the second half of its financial year ended 30 April, as expected.
Berenberg starts Hurricane Energy at 'buy', says 'first oil' announcement imminent
Analysts a Berenberg kicked-off their coverage of Hurricane Energy with a 'buy' recommendation and a 100. 0p target price ahead of the expected announcement of first oil at Lancaster, which they predicted would come in the next few days.
Vast Resources raises £0.9m through placing
Mining company Vast Resources has raised £0. 9m before costs through a placing of 775,862,068 ordinary shares at a price of 0. 116p each, it announced on Thursday.
US trade deficit increases by slightly less than forecast in April
America's trade shortfall with the rest of the world widened by a tad less than economists had been anticipating in April.
'National interest trumps the party interest,' Chancellor says
The Chancellor warned the candidates to replace Prime Minister Theresa May as leader of the Conservative party against a no-deal Brexit and irresponsible spending.
Weekly US unemployment claims edge past forecasts
A key indicator of the health of the US jobs market continued to point to ongoing tightness.
Europe midday: Stocks edge higher despite investor caution
Stocks across the Continent are trading slightly higher despite the ongoing budget battle between Brussels and Rome, even as traders continue to monitor the ongoing trade war between the US and China.
Asia report: Markets mostly lower as China warns US over trade
Most markets in Asia finished in the red on Tuesday, as investors did their best not to pass out after another session spent holding their breath over trade tensions between the US and China.
London midday: Stocks edge up despite Brexit, US-China trade concerns
Stocks are holding slightly higher come midday, despite news that the Chancellor might back a second referendum in order to unblock the paralysis that had led to a halving in the UK's car production in last month.
US pre-open: Stocks set to edge higher despite strident tone from Chinese officials
Stocks are set to start higher despite the strident tone coming from some Chinese officials in the ongoing trade war between Beijing and Washington.