The FTSE 100 closed down 0.9% Friday as mainly disappointing earnings and heightened tensions in the Middle East led to another weekly loss for global stock indices, IG analyst Axel Rudolph says in a note. ---Starvest Plans to Cancel Share Trading and Liquidate; Will Distribute AssetsStarvest said it plans to cancel trading of its shares in London and implement a members' voluntary liquidation, subject to shareholder approval. ---Altitude Group Sees 1H Revenue, Profit Increase in Line With ViewsAltitude Group said it expects first-half revenue and profit to improve on the back of a positive performance on both merchanting and services division. "Another strong quarter is expected in 4Q which means we may see the company's share price continue to ascend as we head towards year-end," he says. (elena.vardon@wsj.com)---UK Banks Drop After NatWest's FY Interest-Margin Cut0912 GMT - U.K.-listed banks fall after NatWest Group cut its full-year net interest-margin guidance.

Source: Wall Street Journal October 27, 2023 16:45 UTC