LONDON MARKET EARLY CALL: Higher call as lockdown restrictions ease
Mon, 17th May 2021 06:59
(Alliance News) - Stock prices in London are seen opening higher on Monday following a strong US close on Friday, as the UK government's road map out of lockdown enters its next stage in England.
IG futures indicate the FTSE 100 index is to open 11.39 points higher at 7,055.00. The blue-chip index closed up 80.28 points, or 1.2%, at 7,043.61 Friday.
In the US on Friday, Wall Street ended sharply higher, with the Dow Jones Industrial Average up 1.1%, S&P 500 up 1.5% and Nasdaq Composite up 2.3%.
The Japanese Nikkei 225 index was down 0.8% on Monday. In China, the Shanghai Composite was up 0.9%, while the Hang Seng index in Hong Kong was up 0.6%. The S&P/ASX 200 in Sydney ended up 0.3%.