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FTSE 100 ends just below the flatline; Nasdaq leads Wall Street regression from strong open


FTSE 100 ends just below the flatline; Nasdaq leads Wall Street regression from strong open
London s leading index lost just 2 points on Friday
Shopping centres were starting to buzz again, according to the latest retail sales data
FTSE 100 down 2 points
Wall Street mixed after Nasdaq slips
5.15pm: Kingfisher stock takes a hit
The FTSE 100 ended very near that flatline, down 2 points at 7,018. The FTSE 250, meanwhile, added 7 points to 22,399.
Kingfisher plc (LON:KGF) shares dropped more than 4% to £357.90.
Latecomers to the bounce in Kingfisher shares have suffered further pain as the post-trading statement enters its second day, IG Chief Market Analyst Chris Beauchamp wrote.  A big winner from lockdowns, Kingfisher perhaps has a more difficult time ahead of it, since consumers have plenty of other things to spend their money on now, and with the end of the stay at home rule they will no longer spend their free time mulling over ....

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PEAK ASSET: ARVO WRAP 05 MAY: ASX closes at 14-month high; Commonwealth Bank up 2.5% to 6-year high | Impact Minerals granted exploration licence at Doonia gold project | Sensex, Nifty rise as RBI outlines relief measures |


The Reddit lot are back at it again!
A COVID-induced and meme-fuelled spike in the cost of fresh lumber has caused price pressures for many hardware stores, including the national treasure that is Bunnings.
Earlier today, PEAK s very own Niv Dagan joined Proactive Investors to talk about upcoming IPOs and sustainable investment opportunities.
Click here to watch the full interview.
Across Markets…
The
ASX200 gained nearly 30 points, or 0.4%, to close at 7095.8 points.  It did get as high as 7122 during trade.
US futures were higher as the ASX closed on Wednesday with the Dow and S&P500 minis up 0.2% and the Nasdaq mini up 0.1%. ....

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