London pre-open: Stocks to extend rally as Footsie eyes another record
UK stocks are expected to rise for the sixth straight day on Wednesday, with futures pointing to a third consecutive record for the FTSE 100.
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UK stocks are expected to rise for the sixth straight day on Wednesday, with futures pointing to a third consecutive record for the FTSE 100.
Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.
Over at Berenberg, analysts hiked their target price on software firm Microlise Group from 170.0p to 210.0p on Wednesday after the company published its in-line full-year results earlier in the month.
London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.