FTSE 100 started the last day of the week on the back foot as positive vaccine news are now archived in the past. London’s leading index dropped 44 points to 6,294 in early trades.
The US have halted the ban on TikTok that would have come into force on Thursday night. If implemented, US residents would have not been able to download the app, which counts 100mln users in the country.
Among the small caps, Synairgen PLC (LON:SNG) published further positive results on its COVID-19 drug candidate on prestigious scientific journal The Lancet. The drug could help patients who have a combination of respiratory viruses during winter months.
Fellow miner Vast Resources PLC (LON:VAST) has increased the size of its exploration target at the Baita Plai polymetallic mine in Romania. The estimate of the whole project is now 3.2mln to 5.8mln tonnes.