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FTSE 100 back above 6,800 on stimulus hopes and weak pound | 16 March 2021

16 March 2021 | 12:08pm StockMarketWire.com - The FTSE 100 was back above 6,800 by Tuesday lunchtime as sterling weakness and US stimulus optimism helped lift the index. At midday the index was up 0.9% to 6,809.61. Bakery chain Greggs rallied 4.7% to £23.15, even as it reported its first loss as public company, but voiced optimism, saying it had made a better-than-expected start to 2021. Greggs continued to keep its dividend suspended, saying it would need to return to a level of profitability...
United Kingdom Viela Bio National Westminster Bank United Kingdom Financial Conduct Authority Smithson Investment Wood Group

FTSE 100 higher after European backing for Astra vaccine | 16 March 2021

16 March 2021 | 16:36pm StockMarketWire.com - The FTSE 100 enjoyed a positive day on Tuesday to finish just above 6,800 up 0.8% by the close. News that European Medicines Energy believes the benefits of the AstraZeneca vaccine outweigh any risks after several European countries suspended its use helped sentiment. AstraZeneca shares were up 3.5% to £72.20. The company agreed to supply 500,000 additional doses of its Covid-19 vaccine to the US. AstraZeneca also announced that it had sold its 2...
United Kingdom Viela Bio National Westminster Bank United Kingdom Financial Conduct Authority European Medicines Energy Smithson Investment

FTSE 100 continues strong momentum with fresh gains amid US senate results | 6 January 2021

6 January 2021 | 09:00am StockMarketWire.com - The FTSE 100 made moderate gains this morning, continuing its strong start to 2021 as the UK undertakes its massive Covid-19 vaccine rollout. Markets also reacted to news that the Democrats were close to full control of the levers of government in the US after Senate run-off elections in the US. High-street bakery chain Greggs estimated annual losses of up to £15 million and forecast that profit would not return to pre-COVID levels until 2022 at ...
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