LONDON MARKET PRE-OPEN: Altice buys 12% stake in BT, no takeover plans
Thu, 10th Jun 2021 07:54
(Alliance News) - Equity prices in London are set to advance at the open on Thursday ahead of this week s two key risk events: an interest rate decision from the European Central Bank and the US inflation print for May.
In early UK company news, Altice revealed it has bought a 12% stake in BT Group, Auto Trader resumed its payout even as full-year profit slipped, and Amigo said it is mulling all options as it faces insolvency.
IG says futures indicate the FTSE 100 index of large-caps to open up 11.09 points, or 0.2%, at 7,092.10 on Thursday. The FTSE 100 closed down 14.08 points, or 0.2%, at 7,081.01 on Wednesday.
LONDON MARKET OPEN: Little risk appetite ahead of US CPI, ECB decision
Thu, 10th Jun 2021 08:41
(Alliance News) -Â London stocks nudged up at the start of trade on Thursday with investors continuing to hold back ahead of the latest eurozone interest rate decision and May US inflation data.
The FTSE 100 index was up 14.84 points, or 0.2%, at 7,095.85 early Thursday. The mid-cap FTSE 250 index was down 45.19 points, or 0.2%, 22,713.78. The AIM All-Share index was up 0.1% at 1,250.44.
The Cboe UK 100 index was up 0.2% at 706.93. The Cboe 250 was down 0.3% at 20,471.44, and the Cboe Small Companies flat at 15,178.73.
In mainland Europe, the CAC 40 in Paris was down 0.1%, while the DAX 30 in Frankfurt dipped 0.3% early Thursday.