The FTSE 100 finished the week 111.41 points lower to 7,312.72.Equity view Old Mutual affiliate asset manager OM Asset Management announced overnight that Peter Bain was stepping down from his roles as president, chief executive officer and director – positions he had held since 2011 – effective Friday.
Stocks in London drifted to a mediocre close on Friday with utilities, banks and supermarkets combining to drag the FTSE 100 lower.
Europe's main equity indices finished the day at their session lows despite the release of better than expected economic data on both sides of the Pond and further afield ahead of the long 4 July weekend in the States.
Sterling fell on worse than expected UK consumer confidence data Friday morning, and — even noting the more hawkish tones from Bank of England bosses — was unable to recover.
Manufacturing sector activity in the Chicago area picked up sharply in June.Market News International's Chicago business barometre jumped from a reading of 59.4 for May to 65.7 in June – its highest level in three years.
AIM-listed Shanta Gold announced recognition of the publication of draft legislation tabled in the Tanzanian parliament on 29th June 2017.
Crude-oil futures headed mildly higher thanks to a technical bounce on Friday and amid a market overall bearish towards the price action of the black liquid.
US consumer sentiment fell in June, according to a final reading from the University of Michigan.
Beijing has said it is 'outraged' by the decision of the US government to sign a $1.42bn arms deal with Taiwan.
Oxford Biodynamics today announced the appointment of Paul Stockdale as its new chief financial officer.