5 May 2021 | 16:36pm
StockMarketWire.com - Powered by gains in the mining sector and other areas which will benefit from a reopening of the global economy the FTSE 100 made strong progress on Wednesday, closing the day up 1.7% at 7,039.30.
By 4.30pm UK time the S&P 500 had made more modest gains of 0.3% to 4,178.31.
Television broadcaster ITV gained 2.2% to 127.1p as it reported a 2% uptick in first-quarter revenue amid an ongoing rebound in the advertising market.
ITV said total advertising revenue in the first half was forecast to be up around 26% year-on-year.
Online fashion retailer Boohoo shed 2% to 320.1p despite reporting a 35% rise in annual pre-tax profit, underpinned by a 41% jump in sales.
9 March 2021 | 08:37am
StockMarketWire.com - UK stocks opened flat on Tuesday as investors weighed the benefits of easy fiscal and monetary policy with the inherent inflation risks, while companies continued to issue a mixed bag of earnings updates.
At 0823, the benchmark FTSE 100 index had edged up 1.27 points to 6,720.40.
Telecom group Vodafone fell 0.5% to 125.42p on setting a price range for the initial public offering of its Vantage Towers infrastructure business that would value it at between €11.4 billion and €14.7 billion.
The indicative price range was set at €22.50-to-€29.00 per share, with a base offer size of €2.0 billion, with flexibility to upsize €2.8 billion.
9 March 2021 | 16:36pm
StockMarketWire.com - The FTSE 100 closed Tuesday with a 0.35% gain to 6,742.96, off its highs for the day but still consolidating Monday s big gains amid improved investor sentiment.
In the US the Nasdaq index bounced back sharply as tech stocks returned to favour following the recent sell-off. By 4.30pm UK time the index was up 3.3% to 13,046.50.
Investment company Standard Life Aberdeen fell 7.5% to 295.1p as it cut its dividend by a third as full year numbers showed falling profit and a shrinking client base.
Telecom group Vodafone was up 1.6% to 128.1p after setting a price range for the initial public offering of its Vantage Towers infrastructure business that would value it at between €11.4 billion and €14.7 billion.