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Buoyant global markets are closing the week and one good performer, Vir Biotech (VIR), today gained an impressive 6.09%. Compugen (CGEN) rose 6.65%. Nio topped that with a rise of 7.78%. And Mexichem (MXCHF) beat the lot with a jump of 14.15%.

Drugs

*Merck MRK had good news about its cancer drug Keytruda which gave those in trials an average 53.6 months of life versus only 42 months for those getting the placebo.

*However Pfizer and Moderna MRNA lost traction after a lawsuit was brought by Alnylam (ALNY) that they had violated its patent. PFE lost 0.5%. 

*Novacure of Jersey and Israel gained 3%. NVCR.

*Swiss Roche rose 1.44%. RHHBY.

*Theravance (TBPH) gained 3.9%. 

*Zymeworks (ZYME)jumped 3.37%. 

*Eli Lilly (LLY) rose 0.5%.

Oilpatch

*Another boost to shares came from upbeat views of Chinese auto-plays. Carmaker NIO rose.

*Tencent registered oil prices up 8% after the Russian shortage. TCEHY.

*Brazilian Petrobras gained 1.38%. PBR.

*Algonquin rose .53%. AQN.

*Plug Power gained 2.15%. PLUG.

Tech

*Nokia was tipped and rose. NOK.

*Dutch PROSY rose 2.34%.

*Mercado Libre (MELI) gained 1.75%. 

Finance

*Insurer AIG (AAIGF) gained 4.09%

*BAESY gained 1.06%.