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FTSE heads into Easter break with gains as S&P 500 tops 4,000 | 1 April 2021

1 April 2021 | 16:37pm StockMarketWire.com - The FTSE 100 was up 0.4% to 6,737.30 amid optimism over a reopening of the UK economy. By 4.30pm UK time the S&P 500 in the US moved above 4,000 for the first time as it marked a new record high, gaining 0.9%. Clothing retailer Next has jumped 3.2% to £81.14 after it posted a 15% fall in full price sales for 2020/21 and pre-tax profit of £342 million, in line with guidance but said online sales growth is set to continue. In the first eight weeks of the 2021/22 year, Next said its online sales have been stronger than expected and has raised its central profit guidance by £30 million from £670 million to £700 million for 2021/22.

FTSE 100 finishes flat weighed down by resources stocks | 10 March 2021

10 March 2021 | 16:43pm StockMarketWire.com - Despite gains for US and European markets the FTSE 100 finished flat on Wednesday as it was dragged lower by resources stocks amid slumping iron ore prices. The index closed down 4.74 points at 6,725.60 while by 4.30pm UK time the S&P 500 was up 0.7% to 3,901.80. BHP fell 2.7% to £21.41 and Rio Tinto fell 2.8% to £56.57. In corporate news, insurance group Legal & General shed 0.1% to 281.6p, having reported a 15% fall in annual profit driven by pandemic-related claims. Legal & General held its dividend steady at 17.57p per share. Food delivery service Just Eat Takeway gained 6.1% to £72.62 as it posted a deeper annual loss of €147 million after a rise in revenue was offset by higher spending.

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