The shares rise as the market is promoted by Trump's decision not to fire Powell

The prices of the shares in London closed the highest on Friday, with the markets maintaining the optimism that prevailed after the president of the United States, Donald Trump, said Wednesday that it was “very unlikely” to dismiss the president of the Federal Reserve, Jerome Powell.

Meanwhile, also in the United States, the preliminary data of the University of Michigan showed that the feeling of the consumer improved marginally in July. However, general confidence remains well below recent maximums and historical norms.

The FTSE 100 index closed 19.48 points, 0.2%, at 8,992.12. The FTSE 250 ended with 131,83 points, 0.6%, at 21,898.26, and the AIM All-Share closed 3.85 points, 0.5%, to 772.78.

In AIM, metals one closed 3.3%.

The mineral developer with projects in Norway and Finland has completed the acquisition of a 10% interest in Novacore Exploration INC, which is advancing in the Uranium project of the Red Basin in New Mexico.

Metals One has acquired participation with a subscription of shares worth $ 300,000 (£ 223,000), and said that they have also been given guarantees to increase their property to 30%.

PHSC fell 9.3%.

The provider of consulting and safety solutions of health, safety, hygiene and environment reported a loss before taxes of £ 127,419 for the year until the end of March, balancing a gain of £ 332,317 in the previous year. Sales income fell 15% to £ 3.2 million £ 3.8 million.

PhSC also declared any dividend, below a total dividend of 2p last year.

Small safe capitalization closed 3.0% higher.

The Venture Capital Fund, which supports the companies of AI, AR and VR, and IoT, said that the value of net assets per share as of March 31 was 175.79 pennants, more than double 82.53 PPA year before. The total NAV yield was 113% against a negative 31.25% annual before.

In addition, surely the gain was won before £ 7.4 million of a loss of £ 2.5 million the previous year, since the total net income increased to £ 8.0 million from a loss of £ 2.1 million. He said that this was mainly driven by “two key exits” of the background portfolio I.

In European actions on Friday, CAC 40 in Paris closed 0.1%, while Dax 40 in Frankfurt ended 0.4%.

The current account surplus of the Eurozone grew less than expected in May, showed the data of the European Central Bank.

The surplus of the single -monada area increased to 32.31 billion euros (£ 28 billion) in May 18.64 billion euros (£ 16.16 billion) in April, less than the increase to 34.8 billion euros (£ 30.2 billion) expected by the consensus of the market cited by FXSTERT.

In the 12 months until the end of May, the surplus of the current account fell to 333 billion euros (£ 288.7 billion), or 2.1% of the Eurozone GDP, of 364 billion euros (£ 315.6 billion) and 2.5% of GDP the previous year. The decrease was mainly driven by a change of a surplus of 34 billion euros (£ 29.5 billion) at a deficit of 5.0 billion euros (£ 4.33 billion) for primary income.

Separate, Eurostat reported that annual growth in construction production slowed down to 2.9% in May from 4.7% in April.

Monthly, Eurozone construction production decreased by 1.7% in May, after a growth of 4.3% in April from March.

The pound was mentioned higher in $ 1,3444 at the time of closing London shares on Friday, compared to $ 1,3414 on Thursday. The euro stood at $ 1,1656, higher compared to $ 1,1594. Against the Japanese Yen, the dollar was quoted slightly lower than 148.44 yen compared to 148.48 yen.

The actions in New York were mixed. The Dow Jones industrial average fell 0.3%, the S&P 500 index increased marginally and the Nasdaq compound rose 0.1%.

The 10 -year Treasury performance. UU. It was summoned to 4.42%, reducing 4.45%. The treasure performance of 30 years from the United States was cited unchanged in 4.99%.

The consumer feeling index of the United States of the University of Michigan increased to 61.8 in July from 60.7 in June, 1.8% in the month, but still 6.9% lower than the level recorded in July 2024. Reading marked a maximum of five months but remained 16% below December 2024.

The current index of economic conditions rose to 66.8 of 64.8 in June, a monthly gain of 3.1% and an increase of 6.5% compared to the previous year. However, the consumer expectations index increased only 0.9% to 58.6, 15% less in the year.

“It is unlikely that consumers recover their confidence in the economy unless they feel sure that inflation is unlikely to get worse,” said Joanne Hsu, director of the survey. He pointed out that the recent tax and expenses invoice had little impact on feeling, while concerns on commercial policy continue to weigh consumer's confidence.

In addition, US housing. UU. They begin to increase modestly in June, bouncing the previous month, but the ends fell to their lowest level since the beginning of 2023, according to data published on Friday by the Office of the United States Census and the Department of Housing and Urban Development.

Private private housing increased at an annual rate of seasonally adjusted from 1.32 million in June, 4.6% more than the recruited figure of May 1.26 million. However, the total remained slightly below the rate of June 2024 of 1.33 million.

Housing ends fell 14.7% from May to 1.31 million, 24.1% less compared to the previous year. The single -family terminations fell 12.5% to 908,000, and the multifamily endings fell to 383,000.

The strong decrease in the end signals continued the supply limitations in the real estate market, despite a slight collection in the new beginnings.

Brent Oil was summoned at $ 69.41 (£ 60.17) per barrel at the time of closing London's shares on Friday, compared to $ 68.94 (£ 59.77) on Thursday night.

The gold was mentioned higher by 3,352.48 dollars (£ 2,496.36) an ounce against $ 3,338.20 (£ 2485.72).

The greatest elevators in the FTSE 100 were: RENTAKIL, UP 10.3PA 357.3P; Antofagasta, top 47p to 1,868.5p; Intermediate capital, more than 50p to 2,156p; 3I, up to 96p at 4.340p; and Whitbread, above 61p to 3,182p.

The largest FTSE 100 faults were: GSK, 65p to 1,348p; Mondi, down 23.3Pa 1,144.2p; Convatec, below 3.6Pa 238p; Informs, below 9.2pa 836.6p; and Croda International, less 31p at 2,846p.

In the economic calendar on Monday, there is a interest rate call from China, the inflation of the consumer of Hong Kong and the inflation of the producer of Canada.

Japanese markets will be closed for Navy Day.

In the corporate calendar of the United Kingdom on Monday, Mony Group releases half -year results and Ryanair has its first quarter report.

Contributed by Alliance News

scroll to top