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LONDON MARKET PRE-OPEN: Barratt Progress; M&S Clothing's Virus Hit


LONDON MARKET PRE-OPEN: Barratt Progress; M&S Clothing s Virus Hit
Fri, 8th Jan 2021 07:47
(Alliance News) - Stock prices in London are seen opening higher on Friday, with markets taking heart after US President Donald Trump pledged an orderly transition of power to President-elect Joe Biden following ugly and violent scenes in the Washington earlier this week.
IG futures indicate the FTSE 100 index is to open 20.3 points higher at 6,877.26. The blue-chip index added another 15.10 points, or 0.2%, to close at 6,856.96 on Thursday.
With the Democrat clean sweep confirmed, financial markets hitched themselves onto the last stimulus train out of town overnight, helped along by a contrite (by his standards) President Trump promising an orderly transition of power, OANDA analyst Jeffrey Halley said. ....

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