19 January 2021 | 11:58am
StockMarketWire.com - Having made a strong start amid optimism over the US stimulus plan the FTSE 100 lost its way a little by midday to trade up 0.2% at 6,736.23.
With trading due to resume in the US later after yesterday s pause for Martin Luther King Jr Day, futures markets pointed to gains. The changing of the guard at the White House is now within touching distance with president-elect Joe Biden s inauguration set to take place amid tight security tomorrow.
Mining company Rio Tinto dipped 0.5% to £59.43 after it boosted fourth-quarter production and shipments of iron ore from Australia s Pilbara region.
19 January 2021 | 08:43am
StockMarketWire.com - UK stocks opened higher on Tuesday, in line with European and Asian exchanges, as sentiment was buoyed by heightened anticipation of a bumper US stimulus package and Covid-19 vaccine hopes.
At 0826, the benchmark FTSE 100 index was up 39.41 points, or 0.6%, at 6,760.06.
Mining company Rio Tinto added 1.0% to £60.31 after it boosted fourth-quarter production and shipments of iron ore from Australia s Pilbara region.
Fashion retailer Superdry slumped 5.3% to 227.2p, having reported a deeper first-half loss and scrapped its interim dividend, as the pandemic and related store closures disrupted its turnaround attempts.
Credit data provider Experian rose 1.6% to £27.23 after it reported a 10% increase in third-quarter revenue as stronger growth in North America and Latin America helped offset weakness in UK and Ireland.