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LONDON MARKET PRE-OPEN: Tesco holds dividend as annual profit slumps
Wed, 14th Apr 2021 07:51
(Alliance News) - Stock prices in London are seen opening slightly higher on Wednesday despite concerns over the suspension Johnson & Johnson s Covid-19 vaccine rollout, as earnings season in the US gets underway led by banks.
In early UK company news, Tesco held its dividend but reported a drop in profit which missed market forecasts. Budget airline easyJet said it expects to post a substantial first half loss due to the lockdown restrictions that have halted global travel.
IG futures indicate the FTSE 100 index is to open 6.81 points higher at 6,897.30. The blue-chip index closed up just 1.37 point at 6,890.49 Tuesday.
LONDON MARKET MIDDAY: Sentiment Stabilises After Virus Mutation Fears
Tue, 22nd Dec 2020 12:11
(Alliance News) - Markets were in a better mood on Tuesday after a turbulent start to the week, driven by worries over a new virus strain, with London stock indices posting cautious gains by midday.
The FTSE 100 index was up 6.76 points, or 0.1%, at 6,423.08 midday Tuesday. The mid-cap FTSE 250 index was up 150.12 points, or 0.8%, at 19,842.23. The AIM All-Share index was up 0.6% at 1,095.82.
The Cboe UK 100 index was up 0.2% at 609.89. The Cboe 250 was up 0.7% at 22,721.04, and the Cboe Small Companies up 0.7% at 14,980.27.
In mainland Europe, the CAC 40 in Paris was up 1.0% while the DAX 30 in Frankfurt was rallying 1.1% in the afternoon.