12 March 2021 | 09:13am
StockMarketWire.com - The FTSE 100 opened down by 26 points on Friday morning, as data showed the economy shrank in January, weighed down by a slump in trading activity with the EU.
The UK economy shrank by 2.9% in January, somewhat lower than the 4.9% drop many were anticipating, whilst UK imports and exports both fell by 19.3% in January
Yesterday, the FTSE 100 finished up around 11 points, despite hits to pharma-giant AstraZeneca, recovering in the afternoon what was lost in the morning after a sharp uptick at opening, closing in positive territory.
Homembuilder Berkeley said it remained on track to deliver annual profit similar to last year s, in line with guidance, as market fundamentals remained strong supported by low interest rates and an undersupply of homes.
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Moneysupermarket sees softer demand for travel and credit products, Smith & Nephew is hit by the delay in elective surgeries, Barclays beats expectations, Indivior hopes to put court cases behind it this year, and Hochschild aims to ramp-up gold and silver production.
Property giant Grainger appoints new finance chief cityam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityam.com Daily Mail and Mail on Sunday newspapers.
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;