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FTSE 100 higher after European backing for Astra vaccine | 16 March 2021


16 March 2021 | 16:36pm
StockMarketWire.com - The FTSE 100 enjoyed a positive day on Tuesday to finish just above 6,800 up 0.8% by the close.
News that European Medicines Energy believes the benefits of the AstraZeneca vaccine outweigh any risks after several European countries suspended its use helped sentiment.
AstraZeneca shares were up 3.5% to £72.20. The company agreed to supply 500,000 additional doses of its Covid-19 vaccine to the US.
AstraZeneca also announced that it had sold its 26.7% stake in Viela Bio, owing to Horizon Therapeutics s acquisition of Viela, for cash proceeds and profit of about $775 million.
The S&P 500 was flat by 4.30pm UK time with tomorrow s meeting of the US Federal Reserve and any potential signal on the pace and direction of interest rates in focus. ....

United Kingdom , Viela Bio , National Westminster Bank , United Kingdom Financial Conduct Authority , European Medicines Energy , Smithson Investment , Wood Group , Royal Bank , Horizon Therapeutics , Financial Conduct Authority , Smithson Investment Trust , Astrazeneca Plc , Lon Azn , Azn L , Lon Grg , Grg L , Lon Nwg , Nwg L , Lon Wg , Nwg L , Lon Ferg , Ferg L , ஒன்றுபட்டது கிஂக்டம் , தேசிய வெஸ்ட்மின்ஸ்டர் வங்கி , ஒன்றுபட்டது கிஂக்டம் நிதி நடத்தை அதிகாரம் , ஐரோப்பிய மருந்துகள் ஆற்றல் ,