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GSK to seek regulatory approval for Covid-19 antibody following positive clinical trial study | 11 March 2021

FTSE 100 slightly higher on US stimulus boost | 11 March 2021

11 March 2021 | 09:52am StockMarketWire.com - The FTSE 100 was up more than 27 points at 6,752.17, as investors cheered news that the US Congress backed the $1.9 trillion stimulus plan. Morrisons has seen pre-tax profits fall more than 60% in 2020, with a £290 million hit relating to Covid costs , despite a rise in sales and revenue for the high street supermarket chain. Its shares dipped 0.5% to 176.2p. Rolls Royce has said its performance in 2020 has been significantly affected by the COVID-19 pandemic as it reported a fall in revenue to £11.8 billion. It advanced 2.1% to 115.4p. WPP has said it had a remarkably resilient 2020 as it reported a 9.3% fall in revenue to £12 billion. It advanced 0.9% to 920.6p.

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