30 April 2021 | 08:33am
StockMarketWire.com - The FTSE 100 opened up slightly, rising by 22 points as investors digested the latest quarterly results from blue chips including AstraZeneca and Barclays.
High-street bank Barclays reported a sharp rise in first-quarter profit as materially lower credit impairment charges offset a fall in income. For the three months through March, pre-tax profit jumped to a record £2.4 billion from £0.9 billion, while income slipped 6% to £5.9 billion year-on-year. However, its share price slipped in morning trading, down over 7% to 175.18p.
Packaging firm Smurfit Kappa has revealed that corrugated volume growth in the first quarter was up approximately 7% in both Europe and the Americas, driving underlying revenue growth of 6% to €2,269 million (£1,972 million). It opened today up over 100 points to £36.71 per share.
30 April 2021 | 11:54am
StockMarketWire.com - The FTSE 100 had dipped slightly by midday to 6,955.92 as investors weighed up mixed trading in Asia overnight with another outstanding set of numbers from the US tech sector as Amazon reported better than expected quarterly figures
High-street bank Barclays reported a sharp rise in first-quarter profit as materially lower credit impairment charges offset a fall in income. For the three months through March, pre-tax profit jumped to a record £2.4 billion from £0.9 billion, while income slipped 6% to £5.9 billion year-on-year. However, its share price slipped in morning trading, down 6% to 177.2p.
Packaging firm Smurfit Kappa has revealed that corrugated volume growth in the first quarter was up approximately 7% in both Europe and the Americas, driving underlying revenue growth of 6% to €2,269 million (£1,972 million). It opened today up 3.2% to £36.78 per share.
10 February 2021 | 12:00pm
StockMarketWire.com - The FTSE 100 made steady gains on Wednesday, up 0.3% to 6,548.39 by midday supported by strength in the mining sector as investors looked towards a recovery from the pandemic.
Sentiment was also supported by the new record highs marked by US and Asian stocks overnight.
Housebuilder Persimmon dipped 0.3% to £27.74 after it identified unsafe cladding materials in high-rise buildings and flagged a £75 million charge to pay for replacement work.
Persimmon s review comes in the wake of the Grenfell Tower disaster in 2017, which saw a high-rise residential building catch fire, killing 72 people.
Permission had found 26 buildings that it had developed that may need work.