LONDON MARKET PRE-OPEN: Pearson quarterly sales up; IMI plans buyback
Mon, 26th Apr 2021 07:49
(Alliance News) - Stocks in London are set to dip on Monday, with a rise in coronavirus cases in India and a stronger pound expected to drag on the blue-chip FTSE 100.
In early UK company news, Pearson reported a good start to 2021, while IMI raised its full-year guidance and revealed plans for a GBP200 million share buyback.
Informa unveiled plans to combine its FBX business with Novantas. Tate & Lyle confirmed it is exploring the sale of a controlling stake in its Primary Products business.
IG says futures indicate the FTSE 100 index of large-cap stocks to open 8.76 points, or 0.1%, lower at 6,929.80 on Monday. The index closed just 0.32 of a point higher at 6,938.56 on Friday.