15 April 2021 | 12:14pm
StockMarketWire.com - The FTSE 100 gained 0.52% to 6,970 by lunchtime on Thursday, extending its upward trajectory in recent days and taking it back to pre-pandemic levels, after a jump in commodity prices boosted the miners in the index.
Rio Tinto, BHP and Anglo American were all trading higher by midday.
AO World rose 2% to 324p after the white goods online retailer said it expected to report annual adjusted profit in line with market expectations following a strong final quarter to the fiscal year.
For the year ended 31 March 2021, adjusted EBITDA, or profit before tax, depreciation, amortisation, net finance costs, and other adjusting items, is expected to be in the range £63 million to £72 million, up from £19.6 million and in line with market consensus of about £66 million.
15 April 2021 | 16:51pm
StockMarketWire.com - The FTSE closed 0.63% higher on Thursday to 6,983.50, extending its upward trajectory in recent days and taking it closer to the psychologically important 7,000-mark, as new US economic data showed a surge in consumer spending.
There were record highs on Wall Street with the S&P 500 and Dow Jones reaching new heights as unemployment claims in the US dropped in March and retail sales surged.
In company news, AO World rose 1.9% to 323.6p after the white goods online retailer said it expected to report annual adjusted profit in line with market expectations following a strong final quarter to the fiscal year.
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