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LONDON MARKET OPEN: Green start for FTSE 100 with Next shares rallying


LONDON MARKET OPEN: Green start for FTSE 100 with Next shares rallying
Thu, 1st Apr 2021 08:44
(Alliance News) - London got off to a solid start to Thursday s session after US President Joe Biden unveiled his latest spending plans, looking to pump USD2 trillion into infrastructure.
The blue-chip FTSE 100 index also was given a bost as Next shares rallied on an improved profit outlook for the year ahead.
The FTSE 100 was up 26.11 points, or 0.4%, at 6,739.74 early Thursday. The mid-cap FTSE 250 index was up 120.16 points or 0.6%, at 21,638.87. The AIM All-Share index was up 0.2% at 1,199.67.
The Cboe UK 100 index was up 0.1% at 671.80. The Cboe 250 was up 0.3% at 19,330.30, but the Cboe Small Companies down 0.1% at 13,870.75. ....

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LONDON MARKET PRE-OPEN: Next raises profit guidance on online strength


LONDON MARKET PRE-OPEN: Next raises profit guidance on online strength
Thu, 1st Apr 2021 07:43
(Alliance News) - Stocks in London are set for an upbeat end to an abbreviated week as markets in New York and Asia registered gains overnight, shaking off fresh lockdown measures in France.
In early UK company news, Next s full-year profit dived, as expected, though guidance was raised for the year ahead, Quilter has agreed to sell Quilter International for GBP483 million and Equiniti posted a loss for 2020 with its chief financial officer set to depart.
IG says futures indicate the FTSE 100 index of large-caps to open up 24.47 points, or 0.4%, at 6738.1 on Thursday. The FTSE 100 closed down 58.49 points, or 0.9%, at 6,713.63 on Wednesday. ....

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