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FTSE opens 1.1% higher on strong US economic data | 6 April 2021


6 April 2021 | 08:37am
StockMarketWire.com - UK stocks emerged from the Easter holiday break on Tuesday with a substantial gain following the release of strong US jobs and services data.
At 0821, the benchmark FTSE 100 index was up 72.41 points, or 1.1%, at 6,809.71.
Oil major BP gained 2.2% to 296.1p after it said it was on track to reach its $35 billion net debt target in the first quarter of its financial year.
Disposal proceeds in 2021 were forecast to be at the top end of BP's previously announced $4‑to-$6 billion range, the company said.
Home repairs and improvements business HomeServe fell 1.5% to £11.94 on guiding for annual adjusted pre-tax profit to rise to around £191 million in line with consensus expectations.

United-kingdom , Switzerland , Ghana , Swiss , Oxford-biomedica , Ryanair , Tullow-oil , Boehringer-ingelheim , Energy-efficiency-income , Wizz-air , Efficiency-income-trust , Stonepeak-infrastructure-partners

FTSE 100 loses ground by lunch as sterling hits multi-year highs against the dollar | 21 January 2021


21 January 2021 | 12:08pm
StockMarketWire.com - The FTSE 100 was up 0.2% to 6,755.62 by midday, its progress stunted by sterling strength against the dollar.
US futures suggested stocks would hit new record highs on Wall Street as 46th president Joe Biden gets his feet firmly under the table in the Oval Office.
Sage Group has reported a near 5% rise in recurring revenue for the final three months of 2020, as it confirms plans to 'progressively increase investment' over the coming year.
The group's recurring revenue increased by 4.7% to £408 million, supported by software subscription growth of 11.3% to £303 million. As a result, subscription penetration increased to 68% (FY20: 65%).

Ibstock , Leicestershire , United-kingdom , Jette-nygaard-andersen , Joe-biden , Sage-group , Countryside-properties , Oval-office , Wall-street , Entain-plc , Lon-ent , Ent-l