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.