Weekly review
The FTSE 100 ended the week down 41. 29 points, or 0. 4%, closing at 10,368. 05 on Friday.
Europe close: Stocks mixed as tech sell-off continues
European shares closed a choppy session mixed on Friday after a sell-off in US and Asian technology stocks overnight and data showing the eurozone economy contracted in the first quarter.
London close: Stocks edge higher, but uncertainty caps gains
London's FTSE 100 rose for the second day on Friday, outperforming global stock indices, though gains were limited amid souring market sentiment towards the recent AI rally and following a strong US jobs report.
Week ahead: Halma results, Bellway update and ECB announcement in focus
Next week looks set to be fairly quiet, although the latest policy announcement from the European Central Bank and results from the likes of Pennon and Halma will be in focus.
Georgia Capital offloads housing development business
London-listed investment firm Georgia Capital has sold its housing development business, m2, for an undisclosed sum, which it says will improve its net capital commitment ratio.
Broker tips: Anglo American, DiscoverIE, B&M
Analysts at Berenberg hiked their target price on mining giant Anglo American from 4,000p to 4,200p on Friday as it said the market was overlooking the consensus upside from its planned merger with Teck.
Director dealings: British Land non-executive directors snap up shares
British Land revealed on Friday that non-executive directors Raj Shah and Amanda Mackenzie had both raised their respecitve stakes in the FTSE 100-listed property development and investment company.
FTSE 100 movers: Software stocks rally; miners in the red
London’s FTSE 100 was up 0. 3% at 10,391. 13 in afternoon trade on Friday.
Evoke accepts £243m takeover from Bally's Intralot, shares surge
William Hill UK owner Evoke on Friday said it had accepted a £243m takeover offer from Bally’s Intralot, sending shares in the company surging by 14%.
US open: Stocks head south as payrolls smash expectations
Major indices were in the red early on Friday as investors digested May's jobs report.
Bodycote says Apollo has pulled £1.5bn offer, shares slump
Bodycote said Apollo Management had pulled out of its proposed £1. 5bn offer for the UK thermal processing company, sending its shares down 12%.
Canaccord Genuity encouraged by B&M's turnaround, stays at 'buy'
Canaccord Genuity has reiterated its 'buy' rating for B&M European Value Retail, saying it was encouraging by this week's annual results which showed the discount retailer's turnaround plan was "gaining traction".
Clean Power Hydrogen says hydrolyser damage too severe to repair
Clean Power Hydrogen said on Friday that it had suspended work on factory acceptance testing for its MFE220 1MW electrolyser after concluding that damage from a recent test-site incident was too severe to repair and that the unit would require substantial redesign.
CleanTech raises £4.77m to support Laguna Verde work
CleanTech Lithium said on Friday that it had conditionally raised gross proceeds of about £4. 77m through a placing to support work at its Laguna Verde lithium project in Chile and provide working capital while it selects a strategic partner.
US hiring stronger than expected with May payrolls up 172,000
US non‑farm payrolls rose by 172,000 in May, according to the Bureau of Labor Statistics, while the unemployment rate held steady at 4. 3%, remaining within the narrow 4. 3% to 4. 5% range seen since mid‑2025.
Lululemon lowers outlook due to negative media reports, weak product launches
Lululemon Athletica's stock was set to tank on Friday after the premium athleisure brand disappointed with its first-quarter results after the closing bell the previous session, as it lowered its outlook for the full year.
Crest Nicholson lenders hire A&M for help with restructuring - report
Lenders to housebuilder Crest Nicholson have reportedly hired a leading team of restructuring experts for crucial talks aimed at easing pressure on its balance sheet.
US pre-open: Futures mixed ahead of May jobs report
Wall Street futures were mixed ahead of the open on Friday as investors braced for May's jobs report.
Europe midday: Stoxx rallies despite tech sell-off, EZ GDP revision
European shares rallied on Friday despite a sell-off in tech stocks in the US and Asia overnight and a contraction in eurozone GDP.