UK Market: The UK stock market was trading in the negative territory on Friday, with the blue-chip FTSE100 index losing 0.05 per cent. This happened after the results of the consumer confidence survey carried out by GfK showed that consumer confidence had hit a record low level in August, declining by 3 points and reaching a score of -44. On the other hand, latest ONS figures have shown that retail sales volumes grew in July by an unanticipated 0.3%, as the demand got a boost due to online promotional activities.
GSK plc (LON: GSK): The shares of the leading manufacturer of medicines, vaccines, and consumer healthcare goods, GSK plc, were up by 1.44%, with a day’s high of GBX 1,422.20. The company has recently acquired the Cambridge-based biopharmaceutical firm Affinivax, Inc.