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FTSE 100 closes flat as US stocks open higher | 21 May 2021


21 May 2021 | 16:35pm
StockMarketWire.com - The FTSE 100 closed yet another turbulent week above the 7,000 mark but broadly flat on the day despite US stocks starting Friday on the front foot.
By 4.30pm UK time the S&P 500 was up 0.3% at 4,171.64.
Pharma giant AstraZeneca said its Covid-19 vaccine had been granted special approval for emergency use in Japan for active immunisation of individuals aged 18 years and older. Its share price dipped 0.2% to £81.16.
Real estate investment trust SERGO has announced an eight-year, €500 million (£431 million) senior unsecured green bond issue for the SERGO European Logistics Partnership (SELP) joint venture. It was 0.4% lower at £10.28. ....

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FTSE 100 recovery remains fragile with index just above 6,900 | 22 April 2021


22 April 2021 | 12:10pm
StockMarketWire.com - The FTSE 100 was just about in positive territory by midday, up 6 points at 6,901.31, as the index continued its fragile recovery from a big sell-off on Tuesday.
Pizza chain Domino s Pizza reported a strong first quarter with sales in its delivery business more than offsetting the lower sales from its -impacted collection business.
UK & Ireland system sales were up 18.7% to £371.3 million in the first quarter of the year, which was largely unaffected by the impact of Covid-19. Its share price fell 0.9% to 363.6p.
Mining company Anglo American s share price was down 1% to £30.39 as it reported a 3% rise in first-quarter production, but trimmed its guidance for metallurgical and thermal coal following a fall in output. ....

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FTSE 100 flat as Monday's update on UK Covid restrictions eyed | 19 February 2021


19 February 2021 | 11:58am
StockMarketWire.com - The FTSE 100 was flat at midday a little above 6,600 as investors await Monday s update on the easing of UK coronavirus restrictions and with sterling hovering around two-year highs.
US futures suggested there would be a bit of a recovery on Wall Street after the sell-off seen yesterday.
NatWest reported an operating loss of £351 million for 2020, down from £4.2 billion pre-tax profit last year.
The bank said net impairment charges were £3.2 billion and announced it will pay a dividend of three pence per share.
Its shares rose 1.8% to 174.4p.
Warehouse landlord SEGRO reported a rise in pre-tax profit of 10.8% to £296.5 million for 2020. ....

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FTSE 100 makes slight gains heading into the weekend as sterling hits $1.40 | 19 February 2021


19 February 2021 | 16:43pm
StockMarketWire.com - The FTSE 100 closed up 0.1% at 6,624.02 on Friday despite a currency headwind to its dominant overseas earnings as sterling hit the $1.40 mark
By 4.30pm UK time the S&P 500 was up 0.4% to 3,928.94, clawing back a good chunk of yesterday s losses.
NatWest reported an operating loss of £351 million for 2020, down from £4.2 billion pre-tax profit last year.
The bank said net impairment charges were £3.2 billion and announced it will pay a dividend of three pence per share.
Its shares rose 5.2% to 180.2p.
Warehouse landlord SEGRO reported a rise in pre-tax profit of 10.8% to £296.5 million for 2020.
It said revenue for the year fell to £431.7 million, down from £432.5 million in 2019. ....

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