Friday preview: Another quiet day expected

Friday is set to be another quiet day on London's stock market with Wall Street only open until lunchtime.

Friday is set to be another quiet day on London's stock market with Wall Street only open until lunchtime.

Trade volumes were said to be very light on Thursday with US equity and bond markets Stateside closed for the Thanksgiving holiday.

Research analyst Joshua Mahony from Alpari said: "Tomorrow will be a half day for many too which typically is taken as a day off to create a four-day weekend. Therefore the higher volatility associated with lower volumes is expected through tomorrow."

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Markets will likely keep a close eye on developments in the Eurozone with leaders at the EU summit looking to establish a new long-term budget for the 2014-2020 period.

Mahony said: "The meeting pulls together the leaders of each of the 27 European Union member states and is expected to be a rather frosty affair given the propensity those involved to use the meeting as a show of strength to their domestic electorate."

On the corporate side of things, it looks like a quiet day for company results with no big hitters scheduled to report.

However on the AIM market, three small-cap property groups are expected to release their first-half results: Max Property, Picton Property Income and Sweett Group.

INTERIMS

Max Property Group, Picton Property Income Ltd, Sweett Group

INTERIM DIVIDEND PAYMENT DATE

Bovis Homes Group, Harvey Nash Group, Menzies(John), Octopus VCT , RSA Insurance Group, Scottish Mortgage Inv Trust, Ted Baker, Walker Greenbank

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Gross Domestic Product (GER) (07:00)

IFO Business Climate (GER) (09:00)

IFO Current Assessment (GER) (09:00)

IFO Expectations (GER) (09:00)

GMS

Nexus Management

ANNUAL REPORT

Croma Security Solutions Group

SPECIAL DIVIDEND PAYMENT DATE

Aberdeen Asian Smaller Companies Inv Trust

EGMS

KT Corp. ADR

AGMS

Draganfly Investments Ltd., Hargreaves Lansdown, Hargreaves Services, Petmin Ltd. (DI), Rialto Energy Ltd (DI)

UK ECONOMIC ANNOUNCEMENTS

BBA Mortgage Lending Figures (09:30)

FINAL DIVIDEND PAYMENT DATE

Abcam, Aberdeen Asian Smaller Companies Inv Trust, Dechra Pharmaceuticals, El Oro Ltd, Genus, Mcbride, Murgitroyd Group, Smiths Group