Market Report
Europe midday: Stocks rise ahead of G20 leaders' summit
Investors across the Continent are pushing stocks higher amid a certain amount of hope as the G20 leaders summit in Osaka, Japan, gets underway.
French Connection pushes back sale deadline amid ongoing talks
Fashion retailer French Connection said the deadline for completion of its strategic review and formal sale process has been extended until its interim results in September, amid ongoing discussions with a number of interested parties.
Burberry rallies on Goldman upgrade
Burberry got a boost on Friday as Goldman Sachs upped its stance on shares of the luxury fashion company to 'neutral' from 'sell' following underperformance, cutting the price target to 1,800p from 1,855p.
London midday: Stocks tick higher as investors mull GDP data; Xi-Trump meeting eyed
London stocks had extended gains by midday on Friday as investors mulled over the latest UK GDP figures and looked ahead to this weekend's meeting between Chinese President Xi Jinping and his US counterpart Donald Trump.
Asia report: Markets down as investors close their wallets ahead of G20
Most markets in Asia finished in the red on Friday - the last trading day in June - as investors kept both eyes on Japan for developments on the trade front, with Donald Trump and Xi Jinping set to meet at the G20 summit.
Dods raising £13.2m to part-fund acquisition of Meritgroup
Dods Group announced a conditional fundraising on Friday, to raise up to £13. 2m in a bid to part finance the acquisition of Meritgroup.
US pre-open: Stocks to rise ahead of Xi-Trump meeting
US stocks looked set to rise at the open on Friday as investors eyed a meeting between Chinese President Xi Jinping and his US counterpart Donald Trump this weekend at the G20 summit.
Oncimmune sells US operations to and partners with Biodesix
Immunodiagnostics company Oncimmune Holdings has entered into an exclusive partnership agreement, it announced on Friday, which it said could “unlock the full potential” of its ‘EarlyCDT Lung’ product in the United States.
Physiomics wins immune-oncology contract from Bicycle Therapeutics
Cancer treatment technology provider Physiomics has been awarded a contract by Nasdaq-listed Bicycle Therapeutics, it announced on Friday.
Costain tanks as it warns on full-year revenue
Costain shares tanked on Friday after the infrastructure company warned on revenue due to delays to a number of contracts.
UK economic growth confirmed at 1.8% in Q1; current account deficit widens
The UK's first-quarter economic growth was confirmed at 1. 8% on Friday compared to the same quarter of last year, according to the Office for National Statistics.
LSL Property Services extends surveying contract with major bank
Residential property services provider LSL Property Services announced an extension to one of its major contracts on Friday.
Target Healthcare buys new-build Nottingham care home for £7.6m
Care homes investment company Target Healthcare has completed the acquisition of a property in Nottingham for approximately £7. 6m, including transaction costs, through a sale-and-leaseback transaction, it announced on Friday.
Housebuilders rally as Boris Johnson said to consider slashing stamp duty
London-listed housebuilders saw their shares rally on Friday as Tory leadership frontrunner Boris Johnson was said to be planning to slash stamp duty in the event of a no-deal Brexit budget.
ImmuPharma pleased with Lupuzor open-label study results
Specialist drug discovery and development company ImmuPharma released the analysis of results from the open-label six month extension study from its original pivotal phase 3 trial of ‘Lupuzor’ on Friday.
Savannah Petroleum reports solid progress on Seven Energy transaction
Niger and Nigeria-focussed oil and gas company Savannah Petroleum updated the market on its operations on Friday, reporting that it was now in the final stages of the ministerial consent process over the Seven Energy transaction.
PayPoint's contract with British Gas comes to an end
PayPoint said on Friday that it has been unable to agree "appropriate" renewal terms for its multi-year contract with British Gas.
UK consumer sentiment drops in June - GfK
Consumer confidence in the UK dropped in June, according to the latest survey from GfK.
London open: Stocks nudge up as investors eye Xi-Trump meeting
London stocks ticked just a touch higher in early trade on Friday, with investors erring on the side of caution ahead of this weekend's meeting between Chinese President Xi Jinping and his US counterpart Donald Trump.
Woodford Patient Capital plans to cut debt, considers share buybacks
Woodford Patient Capital said on Friday that it plans to cut debt, as it announced some board changes following talks with shareholders.