FTSE 100 holds on to slight gains; Wall Street digests positive jobless claims data
The UK blue chip index closed higher after positive economic news
FTSE 100 adds 37 points
US stocks see mixed performance
UK service sector growth fastest since 2013
5:05pm: BoE meeting propels FTSE to positive day
The FTSE 100 ended Thursday up 37 points, 0.5%, at 7,076, while the FTSE 250 added 105 points, 0.5%, to 22,491. UK stocks have managed to stave off any of the losses seen on mainland Europe, with a positive assessment from the Bank of England highlighting a strong 2021, IG Senior Market Analyst Joshua Mahony said. The Bank of England meeting gave plenty of grounds for optimism, with the bank raising forecasts to predict the best year of growth since the second world war. The dramatic upgrade in growth forecasts saw the bank predict a rate of 7.25% over the course of 2021; up from the February outlook for 5%.
FTSE 100 edges up as Bank lifts growth forecast, Wall Street set for subdued start despite positive jobs data
Companies
13:40 Thu 06 May 2021
FTSE 100 edges up as Bank lifts growth forecast, Wall Street set for subdued start despite positive jobs data
The UK s blue chip index struggles to stay above 7000 while US markets forecast to creep higher as jobless claims beat expectations
FTSE 100 adds 9 points
Dow to open marginally higher
UK service sector growth fastest since 2013
1.40pm: US jobless claims lower than forecast
More signs of strength in the US economy.
The number of Americans applying for unemployment benefits last week fell to 498,000, well below the 538,000 expected.
Altech Chemicals Ltd (ATC AX) Termination of Controlled Placement Agreement yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Altech Chemicals Ltd (ASX:ATC) Termination of Controlled Placement Agreement
FRA:A3Y) is pleased to announce that it has now completed a final utilisation of its Controlled Placement Agreement (CPA) with Acuity Capital (Acuity) and has by mutual agreement with Acuity terminated the CPA, effective immediately.
Altech will receive $2.25 million from the offset of all remaining collateral shares (39,266,667) that Acuity was otherwise required to return to the Company upon maturity or early termination of the CPA. The collateral shares were originally issued to Acuity in February 2020, when the CPA was established. The Company also confirms that it and Acuity have been release from any and all obligations under the CPA.