FTSE 100 holds on to slight gains; Wall Street digests positive jobless claims data
Companies
FTSE 100 holds on to slight gains; Wall Street digests positive jobless claims data
The UK blue chip index closed higher after positive economic news
FTSE 100 adds 37 points
US stocks see mixed performance
UK service sector growth fastest since 2013
5:05pm: BoE meeting propels FTSE to positive day
The FTSE 100 ended Thursday up 37 points, 0.5%, at 7,076, while the FTSE 250 added 105 points, 0.5%, to 22,491. UK stocks have managed to stave off any of the losses seen on mainland Europe, with a positive assessment from the Bank of England highlighting a strong 2021, IG Senior Market Analyst Joshua Mahony said. The Bank of England meeting gave plenty of grounds for optimism, with the bank raising forecasts to predict the best year of growth since the second world war. The dramatic upgrade in growth forecasts saw the bank predict a rate of 7.25% over the course of 2021; up from the
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A glance at some of the day s highlights from the Proactive Investors newswire
Bacanora Lithium PLC’s (LON:BCN) partner and major shareholder Ganfeng has made an offer to buy out the mining group.
Alien Metals Ltd (LON:UFO) said initial results were encouraging from the maiden drilling programme on its Hancock iron ore project, part of the Hamersley iron ore project in Western Australia.
Anglo Pacific Group PLC (LON:APF, TSX:APY), a natural resources royalty and streaming company, said all of the producing assets in its portfolio are now back in operation, following the resumption of activities at the McClean Lake Mill after a period of COVID-19 related care and maintenance.
FTSE 100 holds on to slight gains; Wall Street digests positive jobless claims data
Companies
FTSE 100 holds on to slight gains; Wall Street digests positive jobless claims data
The UK blue chip index closed higher after positive economic news
FTSE 100 adds 37 points
US stocks see mixed performance
UK service sector growth fastest since 2013
5:05pm: BoE meeting propels FTSE to positive day
The FTSE 100 ended Thursday up 37 points, 0.5%, at 7,076, while the FTSE 250 added 105 points, 0.5%, to 22,491. UK stocks have managed to stave off any of the losses seen on mainland Europe, with a positive assessment from the Bank of England highlighting a strong 2021, IG Senior Market Analyst Joshua Mahony said. The Bank of England meeting gave plenty of grounds for optimism, with the bank raising forecasts to predict the best year of growth since the second world war. The dramatic upgrade in growth forecasts saw the bank predict a rate of 7.25% over the course of 2021; up from the
Superdry shares rise as it sees light at the end of the tunnel
A look at the major movers on the London market on Thursday
Shares in Superdry PLC (LON:SDRY) are in fashion after a positive trading update.
The group said growth in online sales had helped take some of the pain out of its stores having to close during lockdown.
Overall, full year revenues fell 21% to £555.6m but within that, the fourth quarter saw a 0.8% increase.
Thanks to the pandemic, full year store revenues fell 50.9% but ecommerce sales rose by 33.8%.
It said trade had been encouraging since its shops re-opened in the UK, but the European business continues to be hit by restrictions.
Superdry shares rise as it sees light at the end of the tunnel
A look at the major movers on the London market on Thursday
Shares in Superdry PLC (LON:SDRY) are in fashion after a positive trading update.
The group said growth in online sales had helped take some of the pain out of its stores having to close during lockdown.
Overall, full year revenues fell 21% to £555.6m but within that, the fourth quarter saw a 0.8% increase.
Thanks to the pandemic, full year store revenues fell 50.9% but ecommerce sales rose by 33.8%.
It said trade had been encouraging since its shops re-opened in the UK, but the European business continues to be hit by restrictions.