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LONDON BRIEFING: Primark Sees GBP1 Billion In Lost Sales From Lockdown
Thu, 14th Jan 2021 08:15
(Alliance News) - Christmas trading updates flooded out Thursday. For those allowed to trade, such as supermarket Tesco, sales were good. Much less so for those forced by virus restrictions to close, such as AB Foods Primark fast-fashion store chain and Whitbread s Premier Inn.
Tesco shares were down 1.8% early Thursday and AB Foods down 1.1%, but Whitbread was up 0.6%.
Here is what you need to know at the London market open:
MARKETS
Hang Seng: up 1.0% at 28,508.75
Nikkei 225: closed up 0.9% at 28,698.26
DJIA: closed down 8.22 points at 31,060.47
S&P 500: closed up 0.2% at 3,809.84
This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required. NB: Marten & Co was paid to produce this note on JPMorgan Japanese Investment Trust Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Aut