Market Report
FTSE 100 movers: Barratt developments tops gains
Barratt Developments fared best after analysts at Berenberg revised their target price for the company higher, from 650. 0p to 670. 0p, with those at Morgan Stanley close behind and upping their target from 625. 0p to 675. 0p.
FTSE 250 movers: Homebuilders find cautious bid, rally in Aston Martin stalls
Diploma topped gains on Thursday, as markets cheered the specialised technical products and services supplier's foray across the Pond to scoop-up Virginia Sealing Products for £56. 0m.
London midday: Homebuilders and Big Oil pace gains
The London stock market's main market gauges have turned mixed, with the the Footsie weighed down by pound strength despite increasing 'market chatter' around the possibility of a 'no deal' Brexit.
Friday preview: US-China trade, Ashmore in the spotlight
Investors will continue to be focused on the headlines around the ongoing US-China trade stand-off and America's central bank at the end of the week.
Europe close: Stocks end on mixed note with trade and ECB in focus
Shares on the Continent finished mostly lower on the back of concerns that trade frictions with the US might worsen, strength in the euro throughout much of the day.
Europe midday: Stocks dip amid trans-Atlantic trade frictions
Shares on the Continent were off their best levels come midday, amid concerns that trade frictions with the US might worsen and as the euro gained in value following the 'dovish' signals from the US central bank chief the day before.
London close: Stocks end on mixed note with Brexit and US-China trade in focus
London listed shares turned in another mixed session on Thursday with the the Footsie weighed down by pound strength and amid increasing 'market chatter' around the possibility of a 'no deal' Brexit.
Broker tips: Barratt Developments, Sumo Games, PageGroup
Analysts at Morgan Stanley bumped up their target price for shares of Barratt Developments from 625p to 675p, following what they termed a "robust" full-year trading update and inexpensive valuation relative to peers, but remained a tad more cautious than the company when looking out to the medium-term.
Jefferies cuts target price on Pagegroup amid labour market struggles
Analysts at Jefferies cut their target price on British recruitment business Pagegroup on Thursday, noting that a struggling global labour market throughout June had led it to downgrade its earnings per share estimates for the group by 5-7%.
Director dealings: San Leon Energy CEO ups stake
San Leon Energy revealed on Thursday that chief executive Oisin Fanning had acquired 270,000 ordinary shares in the AIM-listed crude oil producer.
US open: Trump knocks stocks off record highs with China tweet
The Dow Jones hit a record high at the start of the session after Federal Reserve chairman Jerome Powell suggested the day before that the central bank was open to easing monetary policy in the near future.
Berenberg downgrades Sumo, sees better games in town
Berenberg downgraded its recommendation for shares of Sumo from 'buy' to 'hold', telling clients the in the medium-term, the best placed publishing companies in the UK Games sector would be those that managed to keep their intellectual property close to their chests.
US CPI edges past forecasts in June, partly due to trade tariffs
US consumer prices rose a tad more quickly than expected in June amid sharp increases in the prices of used cars and trucks, and apparel.
Altyn acquires new underground equipment to boost production
Altyn updated the market on the delivery of its underground equipment on Thursday, following a commitment from its major shareholder African Resources in March, to provide a KZT 400m ($1. 1m) unsecured loan towards the acquisition of underground equipment with the intention to further boost production.
Weekly US jobless claims fall more than expected
Initial jobless claims in the US declined more sharply than anticipated over the week covering the 4 July holiday.
Sosandar raises £7m from share placement
Online women's fashion brand Sosandar has raised £7m by virtue of a conditional institutional placing of new ordinary shares at a price of 15p each - a 3. 4% premium to its closing price on Wednesday.
Indigovision expects first interim profits in five years
Video security systems designer Indigovision expects to report positive underlying earning and operating profits in the first half of its trading year after sales and revenues continued to grow throughout the period.
Allergy Therapeutics preps for first in human trials on peanut allergy product
Commercial biotechnology Allergy Therapeutics anticipates full-year earnings will come in ahead of market expectations as it prepares for the first in human trials of its peanut allergy product.
US pre-open: Stocks looks set to top record highs reached in previous session
Stock futures were calling major indices to start the session higher after Federal Reserve chairman Jerome Powell suggested the day before that the central bank was open to easing monetary policy in the near future.
Asia report: Markets mostly higher after Powell testimony
Markets in Asia mostly finished in the green on Thursday, as investors reacted to a suggestion from Federal Reserve chair Jerome Powell that the US central bank could still be cutting interest rates in the near future.