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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. ....
9 March 2021 | 16:36pm StockMarketWire.com - The FTSE 100 closed Tuesday with a 0.35% gain to 6,742.96, off its highs for the day but still consolidating Monday s big gains amid improved investor sentiment. In the US the Nasdaq index bounced back sharply as tech stocks returned to favour following the recent sell-off. By 4.30pm UK time the index was up 3.3% to 13,046.50. Investment company Standard Life Aberdeen fell 7.5% to 295.1p as it cut its dividend by a third as full year numbers showed falling profit and a shrinking client base. Telecom group Vodafone was up 1.6% to 128.1p after 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. ....